The Fed might have projected three rate hikes next year but the stronger USD will slow down its pace of rate hikes, says Citibank Singapore's Zal Devitre. ( read original story ...)
Singapore, Malaysia ink high-speed rail link deal
It will be operational by December 2026. According to Bloomberg, the high-speed rail deal was signed on Tuesday in the presence of Singapore Prime Minister Lee Hsien Loong and his counterpart Najib Razak in Putrajaya, Malaysia’s administrative capital ... ( read original story ...)
How to Goose the Waitlist for Singapore Airlines Suites Awards
American Express, Citibank, Chase, and other banks are advertising partners ... One of the 18 tricks you should know about Singapore Airlines KrisFlyer is waitlisting awards. You can waitlist as many flights as you want, and decide once a waitlist clears ... ( read original story ...)
UOB customers can now use their smartphones as a digital security token
Credit: UOB.com.sg UOB Singapore has launched Mighty Secure, a digital security feature which allows users to use their mobile phone as a security token for safe authentication while using the UOB Mighty app. According to the bank, more than 9,000 UOB ... ( read original story ...)
Singapore unemployment rises 2.1% as total jobs contract in Q3
It was in 1Q15 when employment last suffered contraction. Singapore unemployment rate has seen a 0.1 percentage point increase to 2.1% in September, as total employment contracted for the first time since the 1Q15, slumping by 2,700 jobs. According to the ... ( read original story ...)
Bloomberg: Singapore’s Tourists Abandon Casinos For Shopping Malls
Shopping has overtaken gambling as the biggest earner in Singapore’s tourism industry for the first time since 2012, surging 44 percent in the six months through June from a year ago, official data show. It is most likely thanks to first-time Chinese ... ( read original story ...)
Singapore's Fringe Festival to explore "Art & Skin"
For its 13th edition, the Singapore Fringe Festival (January 5 -14) has chosen the theme of "Art & Skin", a "creative exploration and dialogue into matters of identity, beauty, intimacy, sensitivity, pleasure, pain and shame," the last time the festival ... ( read original story ...)
UOB Turns Smartphone Into a Digital Security Token For Consumers
UOB is the first bank in Singapore to enable customers to use their mobile phone as their security token. UOB Mighty Secure ensures the necessary additional layer of security traditionally provided by physical tokens for conducting certain banking ... ( read original story ...)
OurCrowd an Equity Crowdfunding Opens Singapore Office and Appoints new MD
Denes Ban said: “We are excited to be operating in Singapore, which is fast becoming a leading global fintech center. We look forward to strengthening our winning team of UOB and the Sassoon family by adding new Singapore partners, investors, and ... ( read original story ...)
DBS extends cashpoint footprint
Together with DBS/POSB’s network, the bank now has over 2,400 withdrawal touchpoints in Singapore. Introduced in 2013, POSB Cash-Point is a complimentary service that allows customers to withdraw up to SGD200 (in multiples of SGD10) with any item ... ( read original story ...)
Singapore-Malaysia high speed rail: China ahead in race for contract as Japan pushes hard
Malaysian minister Abdul Rahman Dahlan was responding to demands by the opposition coalition that the government should be open about the income from the project and the cost sharing with Singapore. "I want to emphasise that, the Government has spent a ... ( read original story ...)
Citibank introduces biometric banking and finance mobile app
We will monitor engagement and feedback, improve in real-time and then expand to more clients and markets.” For the past few months, Citibank Singapore has been focusing their credit card efforts on mobile e-wallet payments via the Android platform. ( read original story ...)
Singapore’s Mediacorp to help media startups crowdfund seed rounds
The Singapore-based media startup incubator has announced a partnership with crowdfunding platform Fundedhere Leading Singapore media organisation Mediacorp is on a drive to help Singapore-based media startups raise seed funding. Today, its media startup ... ( read original story ...)
Singapore economy could only grow 2% next year: ICAEW
Weak manufacturing sector seen a major drag. Recent economic data have been disappointing in Singapore and the economy is expected to grow at a subdued pace by historical standards in 2017, said the Institute of Chartered Accountants in England and Wales ... ( read original story ...)
Singapore Casinos Are So 2015 as Tourists Go Shopping Instead
(Bloomberg) -- Singapore's casinos are so 2015. After luring tourists for half a decade, they're now losing out to the mall. Shopping has overtaken gambling as the biggest earner in Singapore's tourism industry for the first time since 2012, surging 44 ... ( read original story ...)
Listening points for feedback ahead of Budget 2017
SINGAPORE: Feedback unit REACH and Singapore's finance ministry will be organising a series of listening points to gather views ahead of next year's Budget. Nine REACH listening points will be set up in areas like malls, markets and community centres. ( read original story ...)