The story: Chef Tam Chua Puh had a plan in mind and finished first in the Standard Chartered Marathon Singapore 2013. Race officials were shocked. Hours later, organisers had to disqualify Tam and declare Mok Ying Ren the winner. Was Tam guilty of being ... ( read original story ...)
Misbehaving moneymen put Singapore regulator on high alert
“There’s a real emphasis in making sure that if you want to be a serious global financial center like Singapore wants to be, you’ve got to abide by the rules.” – Fined Standard Chartered Plc, Coutts & Co, UBS Group AG and DBS Group Holdings Ltd ... ( read original story ...)
HR job moves from Grab, NTU, HSBC, Willis Towers Watson, and more
She joined the company in September 2014, where she was previously talent acquisition lead for senior hiring across global functions for HSBC, including marketing ... a newly-created role. Based in Singapore, his remit includes leading business operations ... ( read original story ...)
Singapore defaults a bellwether for Asia
Analysts are predicting potential defaults on bond issuances by property developers. Singapore saw five companies, including oil services firms Swiber Holdings and Swissco Holdings, default on nearly S$1 billion of bonds this year, revealed a Bloomberg report. ( read original story ...)
India and Singapore to hold talks on tax treaty amendments
Finance minister Arun Jaitley will hold talks with Singapore's deputy prime minister Tharman Shanmugaratnam to conclude the protocol to amend DTAA to modify capital gains tax exemption. At present, Singapore-based companies could take advantage of this ... ( read original story ...)
Controversial Singapore teen blogger seeks US asylum
Amos Yee, 18, a filmmaker turned activist who has been repeatedly jailed in Singapore for his controversial videos, has been detained by US authorities since he arrived at Chicago's airport early December. "Soon his case will be referred to an immigration ... ( read original story ...)
Trade agreement with Singapore to ‘put Tasmania on world stage’
TASMANIANS will be able to sell goods and services into Singapore more easily following changes to Australia’s trade agreement with the global finance hub. The amended Singapore-Australia Free Trade Agreement will allow a range of service providers and ... ( read original story ...)
Affluent Malaysians now more cost-conscious on holidays — UOB survey
A survey by UOB entitled Affluent Consumer Survey 2016 showed that more than seven in 10 polled have chosen Asian destinations for their vacations, with Singapore (46%) and Thailand (42%) topping the list. The survey polled 509 respondents in Malaysia ... ( read original story ...)
Singapore Defaults Seen as Bellwether for 2017 Asia Distress (1)
(Bloomberg) -- Singapore’s commodities-related defaults could turn out to be the canary in the mine. Despite a modest rebound in resource prices, restructuring specialists including KPMG and Hogan Lovells Lee & Lee see more Asia-Pacific commodities and ... ( read original story ...)
POSB adds 60 locations to cash-point network
Senior executives from enterprises in Singapore got together to discuss data security, policy, sovereignty and privacy earlier this year. Participants included representatives from the financial, hospitality and telecommunications sectors. Topics of ... ( read original story ...)
Singapore’s Year of Misbehaving Moneymen Puts MAS on High Alert
The stakes could hardly be higher for a city that relies on finance for 13 percent of its economy and has 200,000 jobs tied to the industry. With exports sliding and the local oil services industries in a slump, Singapore needs to protect the reputation ... ( read original story ...)
UOB Malaysia aims to increase local card base by 13%
UOB has partnered with Singapore Airlines, Expedia and Kaligo for its first-ever region-wide travel campaign. It aims to help customers stretch their vacation ringgit, especially in South-East Asian countries. Lim said currently Malaysian consumers chose ... ( read original story ...)
Finance Ministry, Acra propose changes to Companies Act
SINGAPORE - The Ministry of Finance and the Accounting and Corporate Regulatory Authority have proposed law amendments to lessen the regulatory burden on businesses. Changes to the Companies Act and Limited Liability Partnerships Act were proposed on ... ( read original story ...)
Santander and HSBC backed a startup doing for global trade what Google did for advertising
The Spanish bank joins HSBC, American Express, and CreditEase, China’s biggest online lender, in backing the six-year-old company. What do they all see it? “What we do is a fairly new thing,” founder and CEO Christian Lanng told Business Insider in ... ( read original story ...)
Quiet week likely for Singapore market
The Singapore stock market will likely end the last week of 2016 on a muted note - a stark contrast to the frenzy of action it saw at the start of the year. "The final week of the year is expected to remain a quiet one, with thin trading conditions to ... ( read original ...
Why are Cars so expensive in Singapore
70% of Car Price if OMV is below $20,000; up to 7 years. This is the traditional car loan scheme from Singapore banks for individuals. In many countries, people pay cash for their cars or simply swipe their credit cards. In Singapore cars that go for $ ... ( read original story ...)