Monetary Authority of Singapore’s “regulatory sandbox” — The country’s financial regulator has taken a liberal approach and announced the creation of a “regulatory sandbox.” This will allow start-ups and existing companies in the financial ... ( read original story ...)
ZEDRA hires from HSBC for new Singapore chief
Independent trust, corporate and fund services firm ZEDRA has hired Wendy Sim to lead the development of its Singapore office, which will additionally support markets in North and South Asia. Independent trust, corporate and fund services firm ZEDRA has ... ( read original story ...)
Stresses for Singaporean Energy Firms Deepening, OCBC CEO Says
OCBC was the first of Singapore’s three large banks to report quarterly profit. United Overseas Bank Ltd. is due to post its results on Friday, while earnings from DBS Group Holdings Ltd., Southeast Asia’s largest lender, are scheduled for Oct. 31. ( read original story ...)
OCBC posts 5% jump in Q3 profit, beating expectations
SINGAPORE: The Oversea-Chinese Banking Corp (OCBC) beat estimates with a 5 per cent rise in quarterly profit in the third quarter of the year, helped by gains from its insurance and wealth management units, according to its financial results released on ... ( read original story ...)
Singapore loses mantle as world's easiest place to do business: World Bank
But who wants to work in new number one, New Zealand? Singapore has conceded its number-one ranking to New Zealand on ease of doing business despite numerous efforts, World Bank study found. In the annual 'Doing Business' report, Singapore was pushed out ... ( read original story ...)
UPDATE 2-Singapore awards LNG import licences to meet future demand
SINGAPORE, Oct 24 Pavilion Gas and Shell Eastern Petroleum have been appointed as importers of liquefied natural gas (LNG) into Singapore, the trade minister said on Monday, as the city-state gears up to take more LNG. Singapore, which relies almost ... ( read original story ...)
Singapore’s economy may not grow soon: MAS
SINGAPORE: The local economy “is not expected to pick up ... will be largely supported by domestic consumption which tends to be less import-intensive, it noted. In Asia, a similar story of domestic demand cushioning growth amid flagging exports is ... ( read original story ...)