NRB to bring $10 million to ease shortage of bills

Oct 21, 2016- Nepal Rastra Bank (NRB) has sent two officials to Singapore to bring $10 million in cash to replenish depleting stocks of dollar bills in the domestic market. Janak Bahadur Adhikari, executive director of NRB’s Banking Office, has been ... ( read original story ...)

Singapore’s $24 Billion Wipeout Eats Into Its Shipyard Base

“We’ll see more failures within the oil services sector,” said Song Seng Wun, regional economist with CIMB Private Banking in Singapore, in a telephone interview. “Stronger companies, like Keppel Corp. and Sembcorp Marine, will survive and take ... ( read original story ...)

Singapore ranked ninth globally in a rule of law index

It knocked Australia off to take the second spot in Asia-Pac. Singapore clinched the ninth spot globally in a rule of law index for two years in a row. The report released by US-based advocacy group World Justice Project (WJP) evaluated countries through ... ( read original story ...)

Addressing the issue of underinsurance in Singapore

Of the firms surveyed, 72 percent said they either expected sales to grow by the end of 2016 or to at least hold their financial position (that is, 28 percent expect growth and 44 percent expect to remain the same), while 40 percent expected Singapore’s ... ( read original story ...)

Singapore firm to launch new funds, boost oil trade in yuan

BEIJING (Reuters) - Singapore investment firm New Silkroutes Group Ltd is set to launch two new China-focused funds worth $1.6 billion in total and is looking to expand its oil trading business with Chinese customers following a restructure. The former ... ( read original story ...)