United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings and Oversea-Chinese Banking Corp will release their report cards on Thursday. ( read original story ...)
Singapore Stock Market Poised To Add To Its Winnings
The Singapore stock market on Monday halted the five-day losing streak in which it had stumbled almost 115 points or 4.7 percent. The Straits Times Index now sits just beneath the 2,445-point plateau ... ( read original story ...)
Singapore updates data protection law to exclude user consent for ‘legitimate’ business purposes
Amendments have been added to the country's Personal Data Protection Act to allow businesses to use consumer data without prior consent for some purposes such as business improvement and research, and ... ( read original story ...)
Over 40 Singapore businesses to take part in China Int’l Import Expo
More than 40 Singapore businesses are to participate in the third China International Import Expo (CIIE) 2020 to be held in Shanghai earlier November, according to a press statement issued Monday. The ... ( read original story ...)
Singapore: Labour market could improve in Q420 – UOB
In opinion of Economist Barnabas Gan at UOB Group, the labour market in Singapore is likely to improve during the October-December period. Key Quotes “Singapore’s overall unem ... ( read original story ...)
Singtel’s Optus to buy Australia MVNO Amaysim’s mobile business for A$250m
Optus Mobile is planning to fork out some A$250 million (S$240 million) to acquire the mobile service business of Amaysim Australia, before the latter winds up.. Read more at straitstimes.com. ( read original story ...)
OCBC Robinsons credit card to be cancelled in April after announcement of closure; rebates will be given until Nov 5
SINGAPORE: The OCBC Robinsons credit card will be cancelled on Apr 15 next year following the announcement of the department store's closure. Replying to CNA's queries on Monday (Nov 2), OCBC said ... ( read original story ...)
Singapore Reits’ exposure to Robinsons owner in spotlight as fashion retailers struggle
SINGAPORE (THE BUSINESS TIMES) - The fortunes of retail-focused Singapore-listed real estate investment trusts (S-Reits) are "closely tied" with that of beleaguered Robinsons Singapore's owner, DBS ... ( read original story ...)
Singapore helper acquitted of theft, said boss compensated her for his sexual advances
For example, the judge pointed out that Jimenez had a DBS account and bank card of her own ... Yong lodged a police report the next day. Singapore jails man who forced underage girl to perform sex act ... ( read original story ...)
Court acquits maid of all charges of stealing from her employer, a former police officer
SINGAPORE: The High Court on Friday (Oct 30) overturned a conviction of all theft charges by a maid accused of stealing from her elderly employer, ... ( read original story ...)
Singapore, Vietnam see more V-shaped recovery in Asean
This is boosted by record-low mortgage rates and ample liquidity, they observed. Singapore’s semiconductor production and exports also see a sharp “V” rebound, and container throughput has returned ... ( read original story ...)
Alibaba-owned Lazada suffers data breach for its grocery delivery business in Singapore
Southeast Asian e-commerce firm Lazada said last week it detected a data breach that exposed personal details of many users in Singapore. Lazada's cybersecurity team discovered on Oct. 29 illegal ... ( read original story ...)
Singapore seeks to renew confidence in commodities trading after scandals
Singapore wants to improve standards in its commodities trading industry after scandals rocked banks' confidence in lending to the sector, its trade minister said on Monday. ( read original story ...)
MAS subsidies drove first-time Singapore bond issuances in 2019: Report
The average annual first-time issuance volume more than doubled during the scheme period of 2017 to 2019.. Read more at straitstimes.com. ( read original story ...)
China raises 2021 non-state crude oil import quotas by 20%
China, the world's top crude oil importer, will raise its non-state crude oil import quota for 2021 by 20% on-year to 243 million tonnes, the country's commerce ministry said on Monday. ( read original story ...)
Do department stores still have a future in Singapore?
In its 162 years of operations in Singapore, department store Robinsons survived bombings, a three-year closure during the Japanese ... ( read original story ...)