Singapore rig builder Keppel cuts jobs as profits slump

SINGAPORE: Singapore-based Keppel Corp announced on Thursday ... Keppel chief executive Loh Chin Hua said it had slashed its workforce at its offshore and marine business by "close to 8,000", or around 26 per cent, over the nine months to September. ( read original story ...)

Virgin America, Singapore Air are top airlines – again!

Virgin America flight attendants line a red carpet at Dallas Love Field on April 25, 2014. (Photo: Max Faulkner, Fort Worth Star-Telegram via AP) It seems as if the number of “world’s best airline” rankings has growing during the past decade. ( read original story ...)

Singapore Outfitting Buses With Self-Driving Sensors

For some people in Singapore, the situation may soon improve in a big way. The city-state's transportation regulator this week announced it is collaborating with the local Nanyang Technological University to begin developing and testing autonomous buses. ( read original story ...)

Nine clever ways to move from banking to fintech in Singapore

Bankers in Singapore scrambling to get into fintech, but most don’t make the cut. Here’s my advice for beating the competition. Banking recruitment in 2016 has turned out to be a bit of non-event in Singapore (I should know, I’m banking recruiter). ( read original story ...)

Singapore recession risk raises chance of policy easing

SINGAPORE The growing risk of a recession in Singapore has raised the prospects of an off-cycle easing in policy, although for now the consensus among economists is for the central bank to sit tight in the hope the economy sparks to life. Ten out of 15 ... ( read original story ...)

NRB to bring $10 million to ease shortage of bills

Oct 21, 2016- Nepal Rastra Bank (NRB) has sent two officials to Singapore to bring $10 million in cash to replenish depleting stocks of dollar bills in the domestic market. Janak Bahadur Adhikari, executive director of NRB’s Banking Office, has been ... ( read original story ...)

Singapore’s $24 Billion Wipeout Eats Into Its Shipyard Base

“We’ll see more failures within the oil services sector,” said Song Seng Wun, regional economist with CIMB Private Banking in Singapore, in a telephone interview. “Stronger companies, like Keppel Corp. and Sembcorp Marine, will survive and take ... ( read original story ...)

Singapore ranked ninth globally in a rule of law index

It knocked Australia off to take the second spot in Asia-Pac. Singapore clinched the ninth spot globally in a rule of law index for two years in a row. The report released by US-based advocacy group World Justice Project (WJP) evaluated countries through ... ( read original story ...)

Addressing the issue of underinsurance in Singapore

Of the firms surveyed, 72 percent said they either expected sales to grow by the end of 2016 or to at least hold their financial position (that is, 28 percent expect growth and 44 percent expect to remain the same), while 40 percent expected Singapore’s ... ( read original story ...)

Singapore firm to launch new funds, boost oil trade in yuan

BEIJING (Reuters) - Singapore investment firm New Silkroutes Group Ltd is set to launch two new China-focused funds worth $1.6 billion in total and is looking to expand its oil trading business with Chinese customers following a restructure. The former ... ( read original story ...)