SINGAPORE: More than 5,000 bags of counterfeit rice imported from India were seized, Singapore Customs said on Friday. The owner of the Singapore-registered trademark, who suspected that the imported rice infringed its trademark, had reported the shipment ... ( read original story ...)
Singapore govt slashes economic growth, exports forecasts for 2016
SINGAPORE: Singapore’s government slashed its economic growth and exports forecasts for 2016 after the economy contracted in the third quarter, reinforcing the risk of a recession amid fresh uncertainty around global trade under US President-elect Donald ... ( read original story ...)
Stocks to watch: OCBC, Keppel Corp, Swissco, Rickmers Maritime
OCBC Bank: Bank of Singapore (BOS), the private banking unit of OCBC Bank, has completed the acquisition of the wealth and investment management (WIM) businesses of Barclays plc in Singapore and Hong Kong for a lower price than stated earlier. BOS ... ( read original story ...)
Bank of Singapore completes acquisition of Barclays' investment business
It acquired the business for a lower price. OCBC's private banking unit Bank of Singapore has recently completed the acquisition of the wealth and investment management (WIM) businesses of Barclays in Singapore and Hong Kong for a lower price than what was ... ( read original story ...)
Singapore's central bank provides infrastructure to drive innovation
MAS shares its initiatives on enabling innovation such as publishing APIs and testing the feasibility of using blockchain for inter-bank payments. The Monetary Authority of Singapore (MAS) recently announced that it will facilitating the infrastructure ... ( read original story ...)
Wireless sensor technology to help keep an eye on elderly residents
SINGAPORE: A pilot trial for wireless sensor technology has been launched in two HDB studio apartments to track elderly residents' movements. The new technology has sensors that can detect movements as well as track sleeping patterns such as snoring and ... ( read original story ...)
Singapore extends loans to troubled oil-linked companies
They can now borrow for up to $5m. The Ministry of Trade and Industry announced the enhancement to IE Singapore’s Internationalisation Finance Scheme (IFS) and the reintroduction of SPRING’s Bridging Loan (BL) for companies in the Marine and Offshore ... ( read original story ...)
Black Friday Singapore 2016: Biggest deals and offers you cannot miss
Black Friday, the biggest bargain hunting festival returns to Singapore on 25 November as traders bring in ... and Warehouse, while DBD/POSB cardholders enjoy 30% off for both regular priced and sale items at these brand outlets on all online purchases. ( read original story ...)
Singapore’s first fintech festival
co-hosted the event with the Association of Banks in Singapore (ABS). It featured sponsors such as Citibank, UOB, MasterCard and Deloitte. The key programmes of the event included the Innovation Lab Crawl, RegTech Forum, FinTech Hackcelerator ... ( read original story ...)
IE Singapore-UOB join hands to help local firms in trade and internationalisation
SINGAPORE - International Enterprise (IE) Singapore and United Overseas Bank (UOB) signed a Memorandum of Understanding (MOU) on Thursday to combine forces to help more Singapore companies in cross-border trade and internationalisation. The aim will be to ... ( read original story ...)
Singapore-Russia ties are strong and can grow further: Tharman
This relationship can grow and both countries can benefit," he told an audience of 200 business and government leaders at the Russia-Singapore Business Forum (RSBF). The event, organised by trade-promotion agency International Enterprise (IE) Singapore at ... ( read original story ...)
Crucial for Singapore to diversify its relationships under global uncertainty: DPM Tharman
Speaking to his Russian counterpart Igor Shuvalov and more than 200 delegates at the Russia Singapore Business Forum, Mr Tharman said that with a cloud of uncertainty looming over the globe, there is no sure way to tell who will become winners or losers. ( read original story ...)
Promoting the Verifiable Business Continuity Plan (BCP) Initiative
The Singapore Business Federation (SBF) has been actively working, over the last eight years, with SPRING and industry partners to advocate business continuity management (BCM) and support the need for enterprises to be BCM-certified. To sustain Singapore ... ( read original story ...)
Singapore SMEs are very fortunate: Helene Raudaschl, EY Entrepreneur of the Year
Born and raised in Hong Kong, Raudaschl was exposed to the ins and outs of running a small company from a young age with her grandfather and mother running a food business. In the late 1990s, she moved to Singapore and joined Indoguna, which was set up in ... ( read original story ...)
The Curious Case Of The Singapore Worker
SINGAPORE workers are caught between their cubicle and a hard ... Some people work long hours for no good reason at all, says an analyst at an investment bank whom The Business Times (BT) will call "James". "There are people who stay late in the office ... ( read original story ...)
Ban on flavoured tobacco products will hurt business: Retailers
SINGAPORE — Retailers have strongly objected to a proposal ... 99 per cent of the respondents stated that such a prohibition would negatively affect their business, while 97 per cent were concerned that the move could lead adult smokers to turn to ... ( read original story ...)