The Singapore stock market moved higher again on Wednesday, one session after it had snapped the two-day winning streak in which it had collected more than 85 points or 2.4 percent. The Straits Times Index now rests just above the 3,515-point plateau ... ( read original story ...)
Standard Chartered’s Singapore-based operations to merge with local unit
This will triple its assets and add its large banking businesses. Standard Chartered will transfer its commercial banking, corporate & institutional banking and private banking businesses, which are operating in Singapore, to its local unit Standard ... ( read original story ...)
Singapore looks forward to participating in China International Import Expo
SINGAPORE, Feb. 22 (Xinhua) -- Singapore looks forward to participating in the inaugural China International Import Expo (CIIE) and hopes that the companies will take full advantage of the opportunities in an increasingly open Chinese market, through the ... ( read original story ...)
Singapore to make jumping bail a crime
Singapore will criminalise skipping bail following the attempted escape of a man convicted in a high-profile fraud case at a megachurch, a senior government official said Thursday. In a case that gripped the city-state with a heady mix of religion, showbiz ... ( read original story ...)
As symbol of 1970s Singapore faces demolition, soul-searching ensues
Singapore: The looming demolition of a horseshoe-shaped tower block that symbolised Singapore’s growth from a port town to an affluent city-state has sparked soul-searching about whether enough is being done to protect the country’s recent history ... ( read original story ...)
UOB diversifies covered bond investor base with first sterling issue
SINGAPORE lender United Overseas Bank (UOB) returned to the covered bond market for the second time this year – this time further diversifying its investor base when it debuted in the sterling market with a 350-million-sterling (US$486 million ... ( read original story ...)
India ranks last amongst 77 countries with 4G LTE networks
India is on 11th position when it comes to 4G LTE availability across the world. The country that leads the table in terms of 4G speeds is Singapore, with an average LTE speed of 46.64Mbps. (Representative Image:Pexels) “How fast is the Internet?” ( read original story ...)
Report: Global LTE speeds still stationary, but coverage improves
Well established networks in South Korea, Japan, Singapore, and a selection of European countries continue to lead the way with the fastest data speeds and the most comprehensive coverage. Growing markets in earlier stages of 4G LTE adoption are still ... ( read original story ...)
NTU inaugurates fourth president; to launch institute studying impact of technology on society
SINGAPORE - A new institute will be set up to study the impact of technology on society in the Nanyang Technological University (NTU). The NTU Institute of Science and Technology for Humanity, to be set up "in the next few months", will focus on the impact ... ( read original story ...)
StanChart transfers rest of Singapore operations to locally incorporated unit
SINGAPORE - Standard Chartered Bank (StanChart) announced on Thursday (Feb 22) it will fully consolidate its business operations in Singapore into its locally incoporated subsidiary, highlighting, it said, the country's importance as a strategic hub and ... ( read original story ...)
Migrant Workers’ Centre, POSB roll out new membership scheme for migrant workers
SINGAPORE - A free membership programme that offers migrant workers benefits in banking, remittances and other services was rolled out on Thursday (Feb 22). In a joint release, the Migrant Workers' Centre (MWC) and POSB said members can look forward to ... ( read original story ...)
Singapore’s one time cash handout and new tax moves
SINGAPORE: Singaporeans aged 21 and above are going to get a one-off bonus of S$100 to S$300, according to budget proposals unveiled by the city-state earlier this week. But accompanying the good news came the announcement of several new tax measures which ... ( read original story ...)
Singapore Business Federation aims for over 100 local firms to take part in first China International Import Expo
SINGAPORE - The Singapore Business Federation (SBF) aims to bring more than 100 Singapore companies, from all different sectors, to take part in the inaugural China International Import Expo (CIIE) later this year, the federation announced at a media ... ( read original story ...)
Balanced Growth in Singapore as Economy Gathers Pace
... quarter-on-quarter (QoQ), Hawksford Singapore noted balanced growth in Singapore with a rise in the formation of large and medium scale companies as well as small business set-ups in 2017. Ms Jacqueline Low, Chief Operating Officer of Hawksford ... ( read original story ...)
Singapore Morning News For February 22
Digital transformation is expected to add $10 billion (S$13.2 billion) to Singapore’s GDP by the year 2021, Microsoft said on Wednesday (Feb 21). An additional S$145 million is being set aside for Tech Skills Accelerator. The Government is also planning ... ( read original story ...)
Ex-City Harvest fund manager Chew Eng Han arrested for attempting to flee Singapore by motorised sampan
Tan was similarly arrested for attempting to leave Singapore unlawfully. Yahoo News Singapore understands that when approached at sea, Chew and Tan told PCG officers that they were fishing, although there were no indications of them doing so at the point ... ( read original story ...)