Global financial services companies have their Asian satellites operating from Singapore including AmEx, Citibank, JPMorgan Chase, HSBC and numerous other international financial organizations. Singapore has one of the most forward-thinking governing ... ( read original story ...)
UOB injects $15m funds for solar projects in Singapore
The funding was given to Sunseap Group. Singapore banking giant United Overseas Bank (UOB) lent $15m to Sunseap Group for a series of solar projects in Singapore. The projects include the 9.5 MegaWatt peak (MWp) solar photovoltaic (PV) system at Jurong ... ( read original story ...)
Singapore's Noble flags $130 million loss in first quarter
SINGAPORE Singapore-listed commodities trader Noble Group Ltd (NOBG.SI) warned on Tuesday that it was likely to report a net loss of about $130 million for its first quarter. The company said its operating environment remained challenging and was "made ... ( read original story ...)
Flight check: Christchurch to Singapore aboard Singapore Airlines
The plane: A Boeing 777-200ER, 14 years old. Venerable workhorse of the SIA fleet. It's been wearing a track between Christchurch and Singapore for a while and is looking a bit tired inside now. On time: Yes for departure but no for arrival at Changi. ( read original story ...)
DBS to reduce carbon footprint in 3-year partnership with DHL
SINGAPORE—DBS Bank will partner logistics company DHL Express Singapore to reduce its carbon footprint, according to a joint press release by the two firms on Tuesday. The three-year partnership will enable the bank’s global express shipments to become ... ( read original story ...)
Singapore Morning News For May 10
Singapore’s Minister of State for Health, Chee Hong Tat, has announced a Government-Industry Partnership scheme as part of a multi-pronged ‘war on diabetes’. The strategy follows hot on the heals of him announcing in the Singapore Parliament mid last ... ( read original story ...)
RHB Bank gives Singapore football S$1.5m boost
SINGAPORE — It has been a turbulent few weeks for local football, with the sport reeling from revelations of amateur club Tiong Bahru Football Club’s (TBFC) S$500,000 donation to the Asean Football Federation, and a subsequent police raid on the ... ( read original story ...)
Former Citi Chairman and Asia Pacific CEO Shirish Apte invests in fintech startup Invoice Bazaar
Apte has over 30 years’ experience with Citigroup. In 1997, he took the position of Citibank’s President and Country Manager for Poland. He was responsible for Citibank’s acquisition of Bank Handlowy in 2000, following which he was appointed Deputy ... ( read original story ...)
UOB: Singapore dollar expected to weaken against ringgit
The cross rate between the Singapore dollar (SGD) versus the Malaysian ringgit (MYR) could possibly head lower and return to below the 3.0 level by year-end, says United Overseas Bank (UOB). Based on current trend, the cross would likely pass through the 3 ... ( read original story ...)
Wealth Investments Paying Off for Singapore's Three Big Banks
DBS, OCBC made acquisitions last year to bolster wealth units Singapore’s big three banks have invested heavily in their wealth-management businesses over the past year and the results are starting to show. Higher income from servicing Asia’s more well ... ( read original story ...)
3 Risks to Worry About in The Stock Market Today
Singapore’s northern neighbour is building an Integrated ... Many investors are optimistic as seen in the strong performance of the US stock market in recent months. However, with optimism potentially comes greed and over-confidence. ( read original story ...)
Singapore to host 1st 'International Yoga Day' on June 21
SINGAPORE: Singapore will host the first edition of 'International Day of Yoga' on June 21 at about 50 locations across the country. Supporting the 5,000-year-old Indian physical, mental and spiritual practice that aims to transform body and mind, High ... ( read original story ...)
Digital locks catching on in Singapore
When Yale Singapore started selling digital door locks in 2005, sales were discouraging. The company only managed to sell around 2,000 pieces that year. They now sell 12 times that number. This trend is seen worldwide. London-based analysis company IHS ... ( read original story ...)
Chris Knight looks back on Singapore as we move on to Paris this weekend
Chris Knight looks back on Singapore Sevens as we head towards Paris this weekend on the HSBC World Sevens Series For the second time in two years, Singapore Sevens produced another first time champion as day two parked a string of surprising results. ( read original story ...)
Singapore Update: IPOS Announces Billion Dollar Fund to Help Companies with Strong IP to Compete Globally
The Intellectual Property Office of Singapore (IPOS) announced on 26 April 2017 the launch of a new billion-dollar fund aimed at helping promising companies to grow and expand into global markets. The Makara Innovation Fund (MIF), established through a ... ( read original story ...)
OCBC Q1 net profit up 14%, rebounding from previous quarter
SINGAPORE: The Oversea-Chinese Banking Corp (OCBC) reported a 14 per cent rise in quarterly profit on Tuesday (May 9), largely led by sustained growth in its wealth management business and robust results from insurance operations. This comes after a ... ( read original story ...)