Singapore’s SIAEC net profit rise 6.5% in Q3

SINGAPORE: Singapore Airlines’ engineering arm reported its third-quarter net profits rose 6.5 per cent to $52.6 million. The bottom line got a $2.3 million boost on the partial disposal of an associated company, while the same quarter last year was ... ( read original story ...)

Monetary Authority of Singapore: Asia companies can endure shocks

The column was based on an abridged interview done by the Official Monetary and Financial Institutions Forum and due to be published in their monthly magazine, Business Times said. Profits at Singapore’s three publicly traded banks have come under strain ... ( read original story ...)

Singapore to enter an economic downturn in 2017?

In Singapore Business Federation’s National Business Survey too, 50% of businesses reported a pessimistic outlook, with demands for the government to act in some way. Will the Singapore dollar be guided down? Source: Pixabay IMF data for GDP per capita ... ( read original story ...)

Traders rush to ship U.S. oil as export window to Asia opens

The U.S. crude cargoes, which will include both light and heavy grades, will reach China, Japan and Singapore, according to four trading sources and Reuters shipping data. Some exports are also headed to Europe and Latin America. "It's a good time to buy U ... ( read original story ...)

Singapore Expands Green Technology Research

DNV GL and the Maritime and Port Authority of Singapore (MPA) have signed an MOU to further innovation in intelligent shipping systems. The renewed MOU extends an earlier collaboration for another three years and expands it to now include autonomous ... ( read original story ...)

Singapore casino market to stay flat in 2017: Fitch

SINGAPORE: Fitch Ratings Inc. said it expects combined gaming revenues at Singapore’s two casino resorts to be roughly flat at US$4 billion in 2017 compared to last year, on continuing “weak” VIP play. Singapore’s casino market is currently a ... ( read original story ...)

Singapore Institute of Technology launches recruitment drive

Singapore Institute of Technology (SIT), Singapore’s university of applied learning, has launched a two-pronged recruitment campaign via independent creative agency, Blak Labs. Both campaigns run through the line, including promotional videos online and ... ( read original story ...)

Singapore Stock Market Draws Flat Lead

(RTTNews.com) - The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 25 points or 0.8 percent. The Straits Times Index now rests just beneath the 3,045-point ... ( read original story ...)

National Museum of Singapore opens 'digital gallery'

A new space exploring the relationship between art and digital technology opened this week at the National Gallery of Singapore with a first installation that presents Singapore's traditional performing arts via new technology. Gallery10 is equipped with ... ( read original story ...)

Bad debt worries cast a shadow on banks in Malaysia, Singapore

... about asset quality are clouding the outlook for banks in Malaysia and Singapore even as lending shows signs of stability. In Malaysia, outstanding loans in the banking system grew 5.3% in 2016, its slowest pace in at least 10 years, according to data ... ( read original story ...)

Singapore bank lending rise in December

SINGAPORE: Singapore’s total bank lending in December rose 1.1% from November, on the back of a rise in loans to the building and construction sector, central bank data showed. Reportedly, loans and advances by domestic banking units in the city-state ... ( read original story ...)