When you think of economic powerhouses around the globe, you generally picture the United States, China, Japan, the United Kingdom and Germany. But there is one particularly nation that does not get the praise that it has earned in recent years: Singapore. ( read original story ...)
How Did The Land Systems Business Segment Of Singapore Technologies Engineering Ltd Fare In 2016?
Singapore Technologies Engineering Ltd (SGX: S63) is an engineering conglomerate with four main business segments, namely, Aerospace, Electronics, Land Systems, and Marine. The company recently announced its 2016 full year results. Given the complexity ... ( read original story ...)
Singapore Krisflyer Devaluation: 15%+ Increases Across the Board & 1 Small Positive Move
Singapore Air has announced some changes to their Krisflyer program. While there is one bit of positive news, in the whole this is a devaluation. The changes will go into effect on March 23, 2017. Let’s take a look. Here is the bad news: Revisions to ... ( read original story ...)
Aladdin Street Singapore now a global partner of Manchester United
Aladdin Street Singapore, part of Aladdin Group is now a global partner of English Premier League side Manchester United. In the announcement press conference that was held at the Red Devils' home, the Old Trafford, and also attended by team captain Wayne ... ( read original story ...)
Singapore bakers nominated for World Gourmet Summit Awards for the first time
The 21st World Gourmet Summit (WGS) will be returning to Singapore with three new award categories for its Awards of Excellence, one of which is dedicated to talented bakers in the country. The other two categories are Restaurant of the Year and ... ( read original story ...)
Singapore tightens regulations for Uber and Airbnb
SINGAPORE, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, are a sign that even ... ( read original story ...)
Mugabe, 93, flies to Singapore for 'medical review'
Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a "scheduled medical review", his spokesman said. Mugabe appeared frail at his birthday party on Saturday, when he stood for more than an ... ( read original story ...)
Singapore property still a top draw for Asia's ultra-rich
SINGAPORE's property market remains high on the agenda of Asia's ultra-rich, notwithstanding the cooling measures still in place. Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class ... ( read original story ...)
Singapore is second most favoured destination for Asian UHNWIs to own homes
Singapore has been ranked by Asian ultra-high-net-worth individuals (UHNWIs) as the second most preferred destination to acquire a residential property overseas after the UK, revealed Knight Frank’s latest Wealth Report. This comes as concerns over ... ( read original story ...)
DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest bank by ... ( read original story ...)
NEWSMAKER-DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE, March 2 DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest ... ( read original story ...)
Newsmaker: DBS CEO says wealth management to account for a fifth of bank
SINGAPORE DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the chief executive of Southeast Asia's ... ( read original story ...)
DBS CEO says pain from oil and gas downturn taken in 2016
SINGAPORE (Reuters) - The worst of the pain from the oil and gas downturn was felt by Singapore banks and other lenders in the region in 2016, DBS Group Holdings Ltd Chief Executive Piyush Gupta told a Reuters Newsmaker on Thursday, forecasting an improved ... ( read original story ...)
Mastercard and Singapore’s transport authority test contactless cards while eying mobile payments
in Singapore have teamed up to launch a pilot programme enabling commuters to pay for transit fares using contactless payment cards through an account-based ticketing (ABT) system, reports Paybefore (Banking Technology‘s sister publication). Although ... ( read original story ...)
India revises tax treaty with Singapore
NEW DELHI: India’s revised tax treaty with Singapore, aimed at checking round-tripping of funds, has come into force. While most clauses of the amended treaty signed on December 30 took effect from February 27, the principal clause allowing levy of ... ( read original story ...)
ERA owners exploring IPO for Singapore's biggest property agency
Northstar Group said it is in the early stage of exploring an initial public offering of Singapore's biggest real estate agency ERA Realty Network, which has turned out to be one of its top-performing investments thus far. But the Singapore-headquartered ... ( read original story ...)