The Monetary Authority of Singapore has held discussions with Facebook Inc. about its plans for a new cryptocurrency, though the regulator still sees significant obstacles in the way of the social ... ( read original story ...)
Singapore Watching Property Prices After Steps to Cool Market
Singapore authorities continue to keep a close watch over home property prices following last year’s steps to cool the market, the Monetary Authority of Singapore said Thursday. “Private residential ... ( read original story ...)
Singapore to Review 2019 Growth Call as Trade War Spreads
(Bloomberg) -- Singapore’s economic growth will probably be weaker than previously forecast as the U.S.-China trade war spreads to the technology sector, the central bank’s Managing Director Ravi ... ( read original story ...)
Singapore banks technology spend
This was written by Bloomberg Intelligence analyst Diksha Gera. It first appeared on the Bloomberg Terminal. DBS is likely to lead Singapore banks in adopting technology at the core of their ... ( read original story ...)
Recession Looms in Singapore as Trade War Weighs on Economy
The escalating U.S.-China trade conflict is weighing on Singapore’s export-reliant economy, which Maybank expects will grow 1.3% this year, down from a previous projection of 1.6% and lower than the ... ( read original story ...)
The Trades That Caused a $2 Billion Plunge in UOB’s Market Value Have Been Upheld
Singapore Exchange Ltd. upheld the trades that briefly erased ... adding to its yearly gain of about 4.6% as of Tuesday’s close. The brief plunge in UOB’s shares brought back memories of haphazard ... ( read original story ...)
Singapore sets up inter-agency digital team with aim to create 10,000 tech jobs
Singapore has established a new digital office comprising 45 employees from three government agencies, with the aim to drive growth opportunities for the local technology sector. Called Digital ... ( read original story ...)
Singapore is ‘actively studying’ virtual banking licences, says country’s prime minister
Singapore is actively studying whether to allow companies with no banking parentage to set up virtual banks, paving the way for start-ups like on-demand services operator Grab to potentially enter the ... ( read original story ...)
Which Singapore bank enjoys the highest corporate customer satisfaction?
A homegrown bank pulled ahead of global rivals like Standard Chartered. Banks in Singapore enjoy high customer satisfaction rates from their corporate clients, according to bi-annual research from ... ( read original story ...)
Asia’s Best-in-Class Companies Celebrated at the 2019 Frost & Sullivan Asia-Pacific Best Practices Awards
SINGAPORE, June 26, 2019 /CNW/ -- Frost & Sullivan honored Asia-Pacific's leading companies at its annual Asia-Pacific Best Practices Awards banquet held at Hilton Kuala Lumpur Malaysia. Mr. Shivaji ... ( read original story ...)
Singapore manufacturing hurt by weakness in electronics
SINGAPORE (Nikkei Markets) -- Output from Singapore's factories declined in May, hurt by the continued weakness in electronics production as the ongoing U.S.-China trade war damped sentiment ... ( read original story ...)
HSBC raises over US$250m for its first private equity ‘Vision’ fund, with almost half from Asia
SINGAPORE - HSBC Private Banking has closed its Vision Private Equity 2019 fund (Vision 2019), raising over US$250 million (S$338.8 million) globally, with nearly half of the capital from clients in ... ( read original story ...)
Singapore aims to create 10,000 tech jobs in three years
SINGAPORE (Reuters) - Singapore on Wednesday said it has plans to create up to 10,000 jobs in the technology sector over three years in an initiative to establish the city-state as a global hub for ... ( read original story ...)
Singapore banks’ earnings growth, dividends attractive; Reits looking overpriced: UBS
SINGAPORE - Singapore bank stocks are starting to look more attractive at current levels while its Reits are beginning to look overpriced, said UBS Global Wealth Management in its July CIO Investing ... ( read original story ...)
In Southeast Asia, Trade War Is Curbing Imports as Well
Given the high import content of manufactured goods ... Oxford’s lead Asia economist Sian Fenner said in a note. Singapore, Malaysia, and Thailand are most exposed to global trade in a region that has ... ( read original story ...)
Singapore’s war on waste—is there a better way?
Singapore needs to invest in a network of machines and plants to upcycle its discarded food, plastics and electronics if it wants to become a zero-waste nation and extend the use of its sole landfill, ... ( read original story ...)