The tight market in Asia is visible in the low amount of unsold crude oil stored on tankers on waters around Singapore and southern Malaysia, the region’s main oil trading and storage hub. Just four s... ( read original story ...)
4 Banks in Asia Pacific That Are Winning Open Banking Adoption
it is no wonder that Finastra named Singapore as the nation that is most ready to embrace open banking in the Asia Pacific region. Singapore ranks at 8.1/10 on the open banking readiness index, runnin... ( read original story ...)
Finastra launches Open Banking Readiness Index in Asia Pacific – the new framework for banks to stay ahead
Research shows that momentum for Open Banking is accelerating in Asia Pacific ... top 146 banks across 14 markets in Asia Pacific -- Singapore, Australia, Hong Kong, New Zealand, mainland China ... ( read original story ...)
Asia’s Rich From Massage Chair King to Telecom Tycoon Delay IPOs
Tycoons ranging from an Indian telecom billionaire to Singapore’s king of massage chairs are delaying ... Among the five worst-performing major IPOs globally, three come from Asia, data compiled by Bl... ( read original story ...)
Half of Singapore’s emerging affluent highly dependent on insufficient savings
Digital money management is also gaining popularity in Singapore with 65% admitting that they have more control over their money and investments thanks to the proliferation of online banking tools. Ha... ( read original story ...)
FBI indicts Singapore’s Tan Wee Beng, Ferrari-loving entrepreneur, for laundering North Korea funds
Prosecutors with the US attorney’s office in Manhattan allege that Tan used his Singapore-based trading firm and front companies in Thailand and Hong Kong to enable Daedong Credit Bank – a North Korea... ( read original story ...)
Singapore’s finance minister opens SIRC 2018
Singapore’s minister of finance addressed SIRC 2018 as the official keynote speaker and guest of honour Heng Swee Keat, Singapore’s minister of finance, said that 60% of Asia’s corporations do not hav... ( read original story ...)
Four Seasons Hotel Singapore Unveils Luxury Themed Suites
The 12-month room renewal programme culminates with the unveiling of four distinctive suites, each bringing the Singapore story to life SINGAPORE, Oct. 29, 2018 /PRNewswire/ -- Four Seasons Hotel ... ( read original story ...)
DBS launches Facebook Messenger bot for restaurant orders
Singapore-based DBS has begun testing a chatbot that allows customers to order and pay for meals at participating restaurants through Facebook Messenger. Dubbed Foodster, the bot marks DBS's first for... ( read original story ...)
PSA For CBD Workers: DBS’ New Chatbot Lets You Order And Pay For Your Kopi On FB Messenger
Since 77% of Singaporeans are already on mobile messaging platforms, DBS says they “saw an opportunity to combine [their] strengths with Singapore’s most widely used social media platform.” “If instan... ( read original story ...)
Frasers Hospitality Trust kept at ‘buy’ by DBS on quality portfolio
SINGAPORE (Oct 29): DBS Group Research is maintaining Frasers Hospitality Trust (FHT) at “buy” its portfolio of quality hotels is hard to replicate at its current trading yield. FHT is also in a stron... ( read original story ...)
OCBC launches new brand campaign, Simply Spot On
SINGAPORE (Oct 29): Overseas-Chinese Banking Corporation (OCBC) today a new brand promise campaign with the tagline Simply Spot On, to be rolled out over three months using an integrated multi-channel ... ( read original story ...)
Capitaland Mall Trust kept at ‘hold’ by Maybank and OCBC
SINGAPORE (Oct 29): Maybank KimEng and OCBC Investment Research are maintaining their “hold” calls on Capitaland Mall Trust (CMT) after the latter's 3Q18 results came in line with expectations. Gross ... ( read original story ...)
Cache Logistics Trust kept at ‘buy’ by RHB and OCBC
SINGAPORE (Oct 29): RHB Research and OCBC Investment Research say Cache Logistics Trust’s (Cache) 3Q18 results came within their respective expectations. Revenue increased 14.8% y-o-y to $31.5 million ... ( read original story ...)
Singapore Shares May Take Further Damage
(RTTNews.com) - The Singapore stock market has finished lower in consecutive trading days, tumbling more than 65 points or 3.2 percent along the way. The Straits Times Index now rests just above the 2 ... ( read original story ...)
The Great Singapore Sale Stock Market Is Here Again
Every two to three years, we seemed to have a variety of the Great Singapore Sale in the stock market that are back and enticing investor’s appetite to invest into the market. With the STI index now d... ( read original story ...)