The Monetary Authority of Singapore (MAS) has completed a pilot project that was carried out for inter-bank payments using blockchain technology. In November last year, MAS announced that it is partnering with R3 and a consortium of financial firms to ... ( read original story ...)
Singapore, Hong Kong property sectors go opposite ways
Home prices in Singapore have declined for the past three years. According to a report from Bloomberg, whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased ... ( read original story ...)
Education funds planning for Singapore expats
Living costs in Singapore are among the highest in the world. Expats who move to the city-state can expect to pay large amounts for their accommodation and for day-to-day expenses. Car buyers in Singapore usually pay five to six times the price of a ... ( read original story ...)
Singapore hints at covered bond reforms
Currently, the encumbrance limit for Singapore is 4 percent, on par with Canada, but lower than 8 percent for Australia and 10 percent for New Zealand. Many other jurisdictions have no encumbrance limits at all. "The two banks (DBS and UOB) are around ... ( read original story ...)
CPPIB, Caisse to invest in Singapore, Indonesia warehouses
Canada’s two biggest pension funds have agreed to partner with LOGOS, a real estate logistics operator, to invest in warehouses in Singapore and Indonesia, betting on demand from the rise of e-commerce and a burgeoning middle class in southeast Asia. ( read original story ...)
Singapore slaps prohibition order against former Goldman Sachs banker
SINGAPORE The Monetary Authority of Singapore (MAS) issued a 10-year prohibition order on Monday against Tim Leissner, a former director of Goldman Sachs (Singapore) Pte, who it said had made false statements on behalf of his bank without its knowledge or ... ( read original story ...)
Singapore, Hong Kong Property Marching in Opposite Directions
Whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased some rules in its property market, after more than three years of home price declines. Hong Kong in ... ( read original story ...)
Singapore says Reuters report on water price protest misleading
Singapore's police took issue on Sunday with a Reuters report on a public protest over water price increases, saying it presented a "false and misleading" picture of the use of Speakers' Corner, a designated place for citizens to speak publicly on issues ... ( read original story ...)
Singapore’s maritime sector facing talent shortages in big data
A shortage of talent is preventing Singapore’s maritime industry from tapping the benefits of big data analytics to improve vessel performance and lower business costs, a new survey has found. Conducted ahead of Sea Asia 2017, a regional maritime ... ( read original story ...)
Family thought news of man killed in S’pore crash was a scam
JOHOR BARU: The family members of a Malaysian who was killed in a road accident in Singapore initially did not believe the tragic news. Instead, they thought it was a scam to get money from them. However, their lives came crashing down when it was ... ( read original story ...)
Singapore Morning News For March 13
Singapore morning news roundup by AEC News Today is your one stop source for Singapore news on matters of governance and policies affecting Asean business communities. Singapore, Hong Kong Property Marching in Opposite Directions Whether you look at prices ... ( read original story ...)
FAS to form 2 consultative clusters to raise football standards in Singapore
SINGAPORE: The Football Association of Singapore (FAS) said on Sunday (Mar 12) that it will form two consultative clusters to bring in both private and public football academies in Singapore as part of the larger football eco-system. The intention is to ... ( read original story ...)
Singapore to host top fintech event in 2018
Singapore is set to host the first Asian edition of Money20/20, a global payments event. The conference will be held in March next year at the Marina Bay Sands, the organisers announced this week. Money 20/20 dubs itself as the world's largest payments ... ( read original story ...)
Singapore property market finally sees slight easing – and a new stamp duty
SINGAPORE announced on Friday targeted tweaks to property market measures and a new stamp duty - moves that observers said are in response to recent developments in the property market and the wider economy. The release by government agencies said that ... ( read original story ...)
Singapore Bourse May Extend Friday's Gains
(RTTNews.com) - The Singapore stock market turned higher again on Friday, one session after it had ended the two-day winning streak in which it had climbed almost 25 points or 0.7 percent. The Straits Times Index now rests just below the 3,135-point ... ( read original story ...)
Singapore Savings Bonds SSB April 2017 Issue gives you 2.27% interest per year over 10 years
You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,324 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. You can find out more information about the SSB here. ( read original story ...)