Singapore’s second largest mobile operator StarHub and OCBC Bank formed a strategic alliance to drive the country’s collaborative economy, with plans to invest SGD6 million ($4.4 million) over 12 months to build networks of partnerships across multiple ... ( read original story ...)
Singapore stocks pause after logging best week in nine months
Singapore stocks edged lower on Monday as investors took a ... It ended 0.9 percent higher on Friday, taking the year-to-date performance to about 14 percent. United Overseas Bank gained 1.5 percent, Overseas-Chinese Banking Corp gained 0.1 percent and ... ( read original story ...)
Suspicion mounts over $1.4 billion transfer
Bloomberg first reported that regulators in Europe and Asia were investigating Standard Chartered over the role staff may have played in transferring $1.4 billion of private bank client assets from Guernsey to Singapore before new tax transparency rules ... ( read original story ...)
These 3 Stocks Received Maintained Buy Calls From Local Research Houses
Moreover, MBKE looks at GuocoLand as a proxy for the Singapore market. Maybank Kim Eng Research gives ... of 1.5% quarter-on-quarter and net interest margin increased to 1.66%, UOB Kay Hian Research (UOBKH) expects total fees and commissions to increase ... ( read original story ...)
DBS sees more policy fine-tuning from government in weeks ahead
SINGAPORE: The Development Bank of Singapore (DBS) expects policy fine-tuning from the Indian government -- on the lines of the Goods and Services Tax (GST) -- in coming weeks. According to DBS, incoming high-frequency data are likely to improve. ( read original story ...)
DBS sees more policy fine-tuning from govt in weeks ahead
The index of industrial production for August -- due this week -- is poised to extend gains from July's 1.2 percent, said DBS in its daily economic report on Monday. Singapore: The Development Bank of Singapore (DBS) expects policy fine-tuning from the ... ( read original story ...)
Sky Seven and ST Electronics sign agreement for aviation training
Muscat: A memorandum of understanding (MOU) was signed between Oman-based Sky Seven and ST Electronics (Training & Simulation Systems) of Singapore. The agreement is aimed to promote a virtual aerodrome laboratory (VAL), a simulation-based learning ... ( read original story ...)
Singapore venture capital firm raises $210 million to invest in regional start-ups
Vertex Ventures, which calls itself Singapore's largest venture capital firm ... of $150 million Vertex plans to continue its strategy of investing in early-stage technology companies in Southeast Asia and India across enterprise technology, financial ... ( read original story ...)
OCBC, StarHub partner to invest S$6 mil in research and technology
SINGAPORE (Oct 9): OCBC bank and StarHub have announced a ... The two companies will each invest S$3 million in research and technology over the next 12 months, with a focus on artificial intelligence (AI) and connected homes... (Click here to read the ... ( read original story ...)
Keppel acquires 50% stake in manager of upcoming US IPO
Keppel Corporation Limited acquired 50% of Keppel-KBS US REIT Management Pte Ltd (Keppel-KBS US REIT Manager), the manager of the pending initial public offering (IPO) of Keppel-KBS US REIT in the Singapore Exchange (SGX). According to a press release ... ( read original story ...)
Garena Gaming Platform Owner Aims to Raise $696 Million in IPO
The Singapore-based company, formerly called Garena, is marketing 49.7 million American depositary shares for $12 to $14 apiece, according to a regulatory filing Friday. Sea was founded by Chinese-born entrepreneur Forrest Li, now a Singapore citizen ... ( read original story ...)
ASEAN Landscape: Singapore
It appeared first on the Bloomberg Terminal. Singapore’s green shoots may require nurturing by central bank Singapore’s economy gained momentum in 2Q but remains vulnerable to domestic and external risks. Mortgage lending has picked up and the outlook ... ( read original story ...)
S’porean woman warns of buyer scammer on Gumtree who faked bank transfer
And if you happen to use the Gumtree website, one of Singapore’s more active online classified ads ... Bennet then enacted the next part of his scam, saying that he had made the payment to CitiBank and asked for the phone to be shipped out. ( read original story ...)
3 Companies That Bought Back Their Shares Last Week
Singapore Post Limited (SGX ... Oversea-Chinese Banking Corporation Limited(SGX: O39) Oversea-Chinese Banking Corporation, or OCBC for short, is the longest established local bank and is the second largest financial services group in Southeast Asia ... ( read original story ...)
Daily Markets Briefing: STI up 0.9%
The index was up 1.19% for the week. "The muted performances on Wall Street Friday are unlikely to provide much of a boost to the local course today," OCBC said. More From Singapore Business Review ( read original story ...)
Singapore aims to be debt restructuring hub joining New York and London
Singapore is seeking to become a debt restructuring centre alongside New York and London with changes to its Scheme of Arrangement system to make it closer to US Chapter 11 filings. Analysing the changes to Singapore’s bankruptcy restructuring rules law ... ( read original story ...)