SINGAPORE: Singapore has emerged as the top destination for Asian businesses expanding abroad, according to a UOB survey out yesterday. The country’s stable political and social climate is a strong draw in these challenging times as overseas expansion ... ( read original story ...)
Singapore Exchange’s net profit falls 16%
SINGAPORE: Singapore Exchange’s net profit fell 16% year on year to 83 million Singapore dollars ($60 million) for the first quarter ended in September, as both stock and derivatives trading took a beating from investors electing to stay on the sidelines ... ( read original story ...)
Former MFA scholar jailed for forging emails to import pet parakeets
Singapore’s Agri-Food and Veterinary Authority (AVA) requires birds to be kept in isolation in an approved facility for 21 days prior to import, and they must test negative for avian influenza during this time. However, the only approved facility in ... ( read original story ...)
Singapore’s data mirrors UN’s on Cambodia’s sand export numbers
The UN data showed $752 million in imports of sand from Cambodia since 2007, despite Cambodia reporting only about $5 million in exports to Singapore. Mines and Energy Ministry spokesman Dith Tina said on September 27 that the UN data, which recorded 72.7 ... ( read original story ...)
Singapore jails Chinese nationals for buying, selling contraband cigarettes via WeChat
The Chinese nationals, Bao Jiancao, 29, and Zhu Xingbing, 45, were arrested in two separate operations conducted by Singapore Customs in Geylang and Woodlands respectively on Tuesday. Bao was sentenced to three months and one week jail, while Zhu was ... ( read original story ...)
Singapore will test self-driving buses
Singapore is quickly becoming a hub for the testing of autonomous ... For the past two years, BI Intelligence, Business Insider’s premium research service, has been tracking the progress of the self-driving car space. As our reports have shown, the ... ( read original story ...)
Singapore's self-driving taxi has crashed
One of Singapore's self-driving taxis recently got in an accident ... For the past two years, BI Intelligence, Business Insider’s premium research service, has been tracking the progress of the self-driving car space. As our reports have shown ... ( read original story ...)
Singapore rig builder Keppel cuts jobs as profits slump
SINGAPORE: Singapore-based Keppel Corp announced on Thursday ... Keppel chief executive Loh Chin Hua said it had slashed its workforce at its offshore and marine business by "close to 8,000", or around 26 per cent, over the nine months to September. ( read original story ...)
Singapore Airlines confirms plans for two-class Airbus A350ULR
An Airbus spokesman has previously advised Australian Business Traveller that Singapore Airlines’ long-legged A350 will have around 170 seats – approximately 80 less than its new standard-issue A350-900s. SQ's two-class layout would likely see most of ... ( read original story ...)
Singapore remains the top choice of Asian companies for business expansion
3 in 10 business leaders said so in a survey. Singapore is still the most preferred business expansion among Asian companies, a survey from UOB show. According to the second edition of the Asian Enterprise Survey, one third or 32% of the 2,500 business ... ( read original story ...)
Genting Singapore PLC’s Business: 3 Things Investors May Not Know, But Ought To
Genting Singapore PLC (SGX: G13) is likely to be a company well-known to many who live in Singapore. After all, the company is the operator of one of Singapore’s tourism landmarks, Resorts World Sentosa. The integrated resort houses one of Singapore’s ... ( read original story ...)
Singapore self-driving taxi has first "prang"
A self-driving taxi being trialled in Singapore has had its first accident. nuTonomy, the firm behind the scheme, said the car had clipped a small lorry while driving at about four miles per hour. It played down the incident as a "small prang", saying only ... ( read original story ...)
Best in business: the airline making travelling for work easy
Most airlines offer their business class passengers those little extras to ensure they travel in comfort and style. But at Singapore Airlines, where business class privileges range from the widest seat in its class to bespoke banquets, you’ll get a ... ( read original story ...)
No recession yet, but here’s why Singapore faces bigger worries ahead
But others such as the rig-builders like SembCorp Marine are still struggling to rebuild their business in the current oil slump. These issues will come into focus when a government-appointed panel looking at the future of Singapore’s economy releases ... ( read original story ...)
Singapore closes, fines bank for Malaysian 1MDB Fund links
"Although management's attention was drawn to these matters, it repeatedly failed to properly investigate the business relationships," the statement said. Falcon is the second bank to lose its license in Singapore in connection with investigations into ... ( read original story ...)
Business owners provide shuttle for Thai workers to bid late king goodbye
SINGAPORE: Around 2,500 people in Singapore paid their last ... who on their day off were were brought to the embassy on a shuttle bus hired by business owners at Golden Mile Complex. "Talking about their king, they really respect (him)," said business ... ( read original story ...)