Australian telecommunications provider TPG has announced its financial results for the first half of FY17, revealing that it is predicting capital expenditure spend of between SG$200 million and SG$300 million for the rollout of its Singaporean mobile network. ( read original story ...)
Regulator tells Singapore bourse: Restore trading more quickly after glitches
SINGAPORE, March 20 Singapore's central bank said on Monday it has asked the Singapore Exchange to enhance its recovery processes following an investigation into a trading disruption in July last year. At the time, trading in the securities market was ... ( read original story ...)
Pre-market: What changed overnight & 8 top cues for you before Opening Bell
Nifty50 futures on the Singapore Stock Exchange were trading 29.50 points higher at 9,193, indicating a positive opening for the domestic market. Nifty50 forms 'Bearish Belt Hold' pattern A ‘Bearish Belt Hold’ pattern is formed when the opening price ... ( read original story ...)
Shares of Singapore coffee shop owner perk up on debut
Singapore's largest traditional coffee shop operator marked a stellar debut on the Singapore Exchange, or SGX, with shares trading 120 percent above its initial public offer (IPO) price on debut. As well-caffeinated senior executives stood side by side for ... ( read original story ...)
Malaysia seen retaining property cooling measures
COUNTRIES in the region that imposed property cooling measures at around the same time are not likely to be relaxing them almost simultaneously due to differing economic conditions. Singapore had slightly lowered the property seller’s stamp duty and ... ( read original story ...)
Meat imports from Brazil safe for consumption: AVA
SINGAPORE — Singapore does not import any meat from the establishments in Brazil embroiled in a corruption probe over tainted products, the Agri-Food and Veterinary Authority of Singapore (AVA) said on Monday (March 20). However, the authority has ... ( read original story ...)
Singapore Navy launches fourth littoral mission vessel Justice
Naval Technology News, views and contacts from the global Naval industry The Republic of Singapore Navy (RSN) has launched the fourth littoral mission vessel (LMV), Justice, at Singapore Technologies Marine's (ST Marine) Benoi shipyard. Singapore State ... ( read original story ...)
Singapore healthiest country in Asia: Bloomberg index
SINGAPORE: Singapore is the healthiest country in Asia and the fourth healthiest country in the world, according to a new Bloomberg index. The country beat the likes of Australia (ranked fifth), Japan (seventh), New Zealand (19th) and the United States ... ( read original story ...)
Singapore's Success Continues to Inspire China
Over its sixty-seven-year history, officially, the People’s Republic of China looked up to foreign countries as inspiration only twice. In the early 1950s the Soviet Union guided the Communist Party of China. Yet by 1969 the two countries nearly went to ... ( read original story ...)
Analysts mull outcome as Singapore's Ezra holdings seeks shelter from creditors
It also owes about $108 million to a Singapore affiliate of HSBC, according to a Reuters report. "Our exposures to Ezra Holdings were moved to non-performing in the third quarter, and suitable provisions have been made," DBS said in a statement to CNBC. ( read original story ...)
Singapore Morning News For March 20
Singapore morning news by AEC News Today is your one stop source for Singapore news on matters of governance and policies affecting Asean business communities. Ezra Files for U.S. Bankruptcy as Marine Debt Crunch Spreads Ezra Holdings Ltd., a Singapore ... ( read original story ...)
Singapore not importing rotten meat from Brazil: AVA
SINGAPORE: The Republic of Singapore is not affected by the rotten meat scandal that has hit world’s biggest exporter of meat and poultry, the Agri-Food and Veterinary Authority of Singapore (AVA) said on Monday (March 20), reassuring consumers that ... ( read original story ...)
Singapore investors still on long-term 'sell' on Wall Street
Singapore-based investors capitalised on a 4 per cent rise in the S&P 500 and a 9 per cent gain for the Dow Jones Industrial Average in 2016's fourth quarter by selling into strength - the latest US Treasury data showed them disposing of a net US$972 ... ( read original story ...)
Singapore's economy-tier hotels suffer 5.4% drop in RevPAR
The Singapore Tourism Board categorises hotels into four tiers based on a combination of factors that include average room rates, location, and product characteristics: Luxury, Upscale, Mid-tier, and Economy, according to OCBC. Looking at FY16 RevPAR ... ( read original story ...)
Singapore's hotel room supply to outstrip demand with 5.9% growth
Singapore may have bitten more than it can chew when it comes to tourist accommodations as total hotel room stock increased 4.3% in 2016, which was more than the 2.2% increase in visitor days, according to OCBC. On top of this, OCBC believes that a weak ... ( read original story ...)
Facebook Singapore’s country director on the tech industry and new jobs
Sandhya Devanathan left a banking career after 15 years to enter the tech industry. Having held top managerial roles in Standard Chartered Singapore and Citibank in the United States, she transited to Facebook Singapore in January 2016 and now runs the ... ( read original story ...)