Progress on GST reform 'encouraging': DBS

Progress on the GST reform in India is "encouraging", the Development Bank of Singapore (DBS) said on Monday and noted that most services will be pegged at 18 %, higher than at present. The GST Council last week announced a tiered structure 5 % tax on mass ... ( read original story ...)

When business travel pays off

A business class boarding pass is your ticket to a wide range of privileges both inside and outside the airport. So, when flying with Singapore Airlines, not only can you travel in style, you can really reap the rewards too Business travellers can ... ( read original story ...)

Singapore to buy Airbus and Boeing helicopters

SINGAPORE (Reuters) - Singapore has agreed to buy new military helicopters from Airbus and Boeing Co to replace its ageing fleet of Super Pumas and Chinooks, the city-state's defence ministry said on Monday. Singapore has the largest defence budget in ... ( read original story ...)

Singapore fintech snags top Indian bank as client

"The fintech ecosystem in Singapore is growing rapidly ... "With data set to double every 12 months, it's a clear business risk to leave such large amounts of data untapped. It is also a must to find more affordable ways to store this data," he said. ( read original story ...)

Singapore telcos can forget iPhone 7: analyst

More From Singapore Business Review Singapore's 50 Largest Real Estate Agencies 2016 Look at how much will be slashed from Singaporean telcos' profits after a fourth player comes in Singapore's 20 Largest Architecture Firms 2016 ( read original story ...)

Doing business a mixed prospect across Asia

Brunei and Indonesia are among the most improved Asian economies for ease of doing business while Singapore has been replaced by New Zealand in first place overall, according to an influential World Bank report. East Asia and the Pacific are home to two of ... ( read original story ...)

Brunei Times to close over 'business issues'

SINGAPORE: The Brunei Times (BT) will cease to operate with effect from Tuesday (Nov 8), after 10 years of publication. In an announcement run under its masthead on Monday, the English daily published in Brunei Darussalam cited reasons such as "business ... ( read original story ...)

Singapore fuel oil margins at highest since 2012

SINGAPORE: Singapore refining margins for benchmark 180-cst fuel oil against Dubai crude on Monday rose to their narrowest discount in more than four years amid lower supplies and firm demand, despite recent efforts to boost yields. The improved margin ... ( read original story ...)

Singapore banks hunt for new loan growth source

"Shrinking China's trade loans from mor attractive onshore borrowing rates would result i a retreat of capital back into Singapore or banks would have to find new sources of growth to fill the vacuum. This will affect DBS and OCBC more so than UOB as UOB ... ( read original story ...)

Singapore Airlines net profit increases to $46.8m in September

SINGAPORE: Singapore Airlines booked net profit of 64.9 million Singapore dollars ($46.8 million) for the quarter ended September, a hefty 69.6% year-on-year decline, with industry-wide competition and a capacity glut continuing to erode the carrier’s ... ( read original story ...)