Compliance specialists in demand amid tougher bank regulations

These PMETs already have experience and know the business. All we have to do is to take them through situations where compliance knowledge can be applied and they can be a quick build-up to the existing pool of compliance talents in Singapore,” she told ... ( read original story ...)

Singapore's central bank says want more rated bonds

SINGAPORE - Singapore's central bank said on Thursday it wants more bonds to be rated and would consider ways to offset the cost of ratings for existing issuers. The comments came amid a rout in Singapore's largely unrated offshore oil and gas bonds where ... ( read original story ...)

Singapore to increase cooperation with Indonesia in 5 areas

SINGAPORE: At a joint press statement in Semarang, Central Java, Singapore Prime Minister Lee Hsien Long made a commitment with President Joko Widodo that Singapore and Indonesia will increase cooperation in five areas, including investment in industrial ... ( read original story ...)

FEC approves bilateral tax agreement between Nigeria, Singapore

They buy oil from us. Petroleum export to Singapore for the last five years is about $264 billion and we import about N311 billion worth of goods from them.’’ Also the Minister of State, Aviation, Sen. Hadi Sirika, told correspondents that FEC approved ... ( read original story ...)

DBS said India’s bank note reform pushed up deposit growth

India’s bank note reform has pushed up deposit growth and boosted liquidity that may, in turn depress, inflationary pressures, the Development Bank of Singapore (DBS) said on Thursday. “The banknote reform has pushed up deposit growth, which in turn ... ( read original story ...)

Singapore testing new technology for interbank payments

Steps to turn Singapore into a "smart" financial centre shifted up a gear yesterday with a series of new initiatives outlined by the Monetary Authority of Singapore (MAS). The tech-related moves range from areas like blockchain to insurance. MAS managing ... ( read original story ...)

Bonds face tough time as inflation expectations jump, UOB says

SINGAPORE Bonds are in for a tough ride in the first half of 2017 as U.S. President-elect Donald Trump's plans to boost fiscal spending could stoke inflation around the globe, a chief investment officer at UOB Asset Management said on Thursday. UOB has ... ( read original story ...)

Singapore Exports Slump Unexpectedly in October

SINGAPORE--Singapore's exports fell more sharply than expected in October, dragged down by both electronics and non- electronics shipments. Non-oil domestic exports fell 12.0% in October compared with a year earlier, after falling 5.0% in September ... ( read original story ...)

Singapore October exports slump 12%

The electronics sector is a major drag. Singapore's non-oil domestic exports (NODX) fall further in October. It registered 12% YoY contraction following a 5% drop in September due to the decrease in both electronic and non-electronic NODX. Data from ... ( read original story ...)

Bank note reform may depress inflationary pressures: DBS

the Development Bank of Singapore (DBS) said today. "The banknote reform has pushed up deposit growth, which in turn has boosted liquidity," said DBS in its daily market report. With credit growth still weak, excess liquidity has pushed Indian ten-year ... ( read original story ...)

Singapore's exports slump, Trump raise recession risks

SINGAPORE (Reuters) - Singapore's exports in October contracted sharply as sales to major markets fell, raising the risk of a recession in the trade-dependent economy amid heightened uncertainty around global trade in the wake of Donald Trump's U.S ... ( read original story ...)

Singapore Exports Post Biggest Drop in Seven Months in October

Singapore’s non-oil domestic exports posted the largest decline in seven months in October, driven by a slump in pharmaceutical exports. Exports in Asia’s most trade-dependent country have remained under pressure since last year -- rising only once in ... ( read original story ...)