Singapore’s trade balance records BND283.1m in Sept

SINGAPORE: For the month of September 2016 Brunei Darussalam’s trade balance was BND283.1 million. Total exports amounted to BND548.4 million while imports were valued at BND265.3 million. According to a press release, exports in mineral fuels recorded ... ( read original story ...)

Compliance specialists in demand amid tougher bank regulations

These PMETs already have experience and know the business. All we have to do is to take them through situations where compliance knowledge can be applied and they can be a quick build-up to the existing pool of compliance talents in Singapore,” she told ... ( read original story ...)

Singapore's central bank says want more rated bonds

SINGAPORE - Singapore's central bank said on Thursday it wants more bonds to be rated and would consider ways to offset the cost of ratings for existing issuers. The comments came amid a rout in Singapore's largely unrated offshore oil and gas bonds where ... ( read original story ...)

Singapore to increase cooperation with Indonesia in 5 areas

SINGAPORE: At a joint press statement in Semarang, Central Java, Singapore Prime Minister Lee Hsien Long made a commitment with President Joko Widodo that Singapore and Indonesia will increase cooperation in five areas, including investment in industrial ... ( read original story ...)

FEC approves bilateral tax agreement between Nigeria, Singapore

They buy oil from us. Petroleum export to Singapore for the last five years is about $264 billion and we import about N311 billion worth of goods from them.’’ Also the Minister of State, Aviation, Sen. Hadi Sirika, told correspondents that FEC approved ... ( read original story ...)

Singapore Exports Post Biggest Drop in Seven Months in October

Singapore’s non-oil domestic exports posted the largest decline in seven months in October, driven by a slump in pharmaceutical exports. Exports in Asia’s most trade-dependent country have remained under pressure since last year -- rising only once in ... ( read original story ...)

Singapore's exports slump, Trump raise recession risks

SINGAPORE (Reuters) - Singapore's exports in October contracted sharply as sales to major markets fell, raising the risk of a recession in the trade-dependent economy amid heightened uncertainty around global trade in the wake of Donald Trump's U.S ... ( read original story ...)

Singapore firms wary about rushing into Myanmar

Singapore Business Federation chief executive Ho Meng Kit said results from its National Business Survey released in January showed that Myanmar was the most popular market for Singapore companies wanting to venture overseas. But that enthusiasm has not ... ( read original story ...)

Singapore tests digital currency system to ease bank payments

Singapore - Singapore will launch a new electronic payment system using blockchain, the technology behind the cryptocurrency Bitcoin, the city-state's central bank chief said Wednesday. The Singapore stock exchange and eight banks will take part in the ... ( read original story ...)

Singapore wants to steal London's fintech crown after Brexit

SINGAPORE (Reuters) - Britain leaving the European Union is opening up an opportunity for Singapore to recruit talent for its ambitious plans to become a leading financial technology hub, said the chief FinTech officer of the city-state's central bank ... ( read original story ...)

Two firms in race to be Singapore's fourth telco

It also indicated that the Singapore business would be funded from existing debt facilities and cash generated from Australian operations. A TPG spokesman told The Business Times that the company believed "strongly" that mobile telephony and broadband are ... ( read original story ...)