BEIJING/SINGAPORE (Reuters) - China's state-owned oil refiners are seeking extra oil-product export quotas for the fourth quarter to reap higher overseas profits and to offload surplus supplies, said three sources with knowledge of the matter on Thursday. ( read original story ...)
Singapore July bank lending falls 0.5 pct m/m
SINGAPORE, Aug 31 (Reuters) - Singapore's total bank lending in July fell 0.5 percent from June, due to a decline in loans to businesses, central bank data showed on Thursday. Loans and advances by domestic banking units in the city-state amounted to S$632 ... ( read original story ...)
SIBOR Mortgage Loans – Here’s Why So Many Singaporeans Are Refinancing Now
To sip on cocktails from The Other Room’s new secret menu, you’ll first have to try all 30 of its signature drinks Singapore homebuyers have had ... that means you need to fork out more cash in home loan repayments every month. That could explain ... ( read original story ...)
Singaporeans spend twice the global average on children’s local education: HSBC
SINGAPORE — Parents in Singapore spend on average US$70,939 (S$96,196) a year for their children’s local education, almost double the global average of US$44,221, according to a report by HSBC. Of the over 8,400 parents in 15 countries and territories ... ( read original story ...)
Alaska Airlines: Singapore Airlines is newest frequent-flier partner
A link has been posted to your Facebook feed. Alaska Airlines is adding Singapore Airlines to its already broad line-up of frequent-flier partners. The carriers announced their partnership on Wednesday, saying they’ll offer reciprocal frequent-flier ... ( read original story ...)
Singapore leaders congratulate Malaysian counterparts ahead of 60th Merdeka Day
SINGAPORE - President Tony Tan Keng Yam, Prime Minister Lee Hsien Loong and Foreign Minister Vivian Balakrishnan have written congratulatory letters to their Malaysian counterparts on Tuesday (Aug 30), ahead of Malaysia's 60th Merdeka Day on Wednesday (Aug ... ( read original story ...)
Taxing gridlock: Vancouver looks to Singapore, Stockholm for cheap, high-tech congestion fix
Singapore — a city that pioneered traffic taming — is now experimenting with a per-kilometre charge using a GPS tracking device to monitor distance, zone and time of day. Major U.S. cities such as Chicago, Los Angeles and Seattle have opted for user ... ( read original story ...)
Singapore Morning News For August 31
GRAB Inc and a unit of the Toyota Motor Corporation on Wednesday announced a collaboration targeted at Grab drivers, rather than towards users of the ride-sharing platform. A pre-school with capacity for 2,100 children officially opened in Singapore on ... ( read original story ...)
Singapore in ‘a position to benefit’ from Belt and Road push
Having recognised early the benefits of China’s One Belt, One Road (OBOR) push, Singapore has actively supported it and is well-positioned to make gains from it, Home Affairs and Law Minister K. Shanmugam said in a lecture yesterday. Singapore’s edge ... ( read original story ...)
Chef de mission hails ‘brilliant’ Team Singapore after best away SEA Games performance
KUALA LUMPUR: The chef de mission for Team Singapore's 2017 SEA Games campaign Milan Kwee hailed the country's overall display on Wednesday (Aug 30), calling it a "performance Singaporeans can be proud of". "It has been a brilliant display by Team ... ( read original story ...)
Detained Singapore boat captain deported by Indonesia, arrives home
SINGAPORE: A Singaporean boat captain who was detained in Indonesia for 16 months arrived home safely on Tuesday (Aug 29) after being deported, the Ministry of Foreign Affairs (MFA) said in a media statement. Shoo Chiau Huat was ferrying Singaporean and ... ( read original story ...)
Singapore Botanic Gardens’ fallen heritage tree did not have decay cavity
A 40m-tall heritage tree that toppled and killed a woman at the Singapore Botanic Gardens in February did not have a cavity in its trunk that was a result of decay, said a senior National Parks Board official, countering an assessment earlier by an ... ( read original story ...)
Qantas London flights to now go through Singapore instead of Dubai
QANTAS is ditching Dubai and returning to Singapore for its flights to London in a dramatic turnaround. The airline announced this morning it is applying to extend its partnership with Emirates for another five years in a move that will see flying kangaroo ... ( read original story ...)
Ten questions Singapore banks will always ask you at job interviews
http://news.efinancialcareers.com/sg-en/293167/simon-tan-uob-structured-finance/ Singapore’s three local banks – DBS, OCBC and UOB – are not adding headcount as much as they were in 2016. But they still dominate recruitment in the Republic (DBS ... ( read original story ...)
Asia’s newest mobile wallet may actually get the region to go cashless, finally
Finally, people in Singapore are about to get an easier and quicker way to send money to a friend, via a mobile wallet app. But surprisingly, it's not coming from a bank or payment company — it's coming from ride-hailing app, Grab. SEE ALSO: You can now ... ( read original story ...)
Foreign demand muted due to strict stamp duty, strong Sing dollar
The proportion of foreign property buyers in Singapore remains low, data shows. With the Additional Buyer’s Stamp Duty (ABSD) and strengthening Singapore dollar, foreign demand for homes in Singapore remained muted even as private home sales soared 50 ... ( read original story ...)