SINGAPORE: Former director at BSI Bank (Singapore) Yvonne Seah Yew Foong on Friday (Dec 16) pleaded guilty to charges stemming from Singapore’s probe into Malaysian scandal-hit state fund 1MDB. Seah, 45, pleaded guilty on Friday to three of seven charges ... ( read original story ...)
OCBC Offers Growth At A Reasonable Price
OCBC has the lowest level of NPLs of Singapore's three major banks. The bank has faced a declining NIM, but this is likely to improve with the rising SIBOR. The bank's GEH subsidiary will also benefit from rising rates and could see accelerated growth in ... ( read original story ...)
Instagram stops users from pretending to be in Singapore to go viral
Instragram has released an update that prevents users from tagging themselves in Singapore when they're not there in a bid to go viral. The update to its algorithm comes after a swathe of users realised geo-tagging their posts with Singapore gave them ... ( read original story ...)
Singapore jails second BSI banker on charges linked to 1MDB probe
SINGAPORE (Reuters) - A Singapore court on Friday jailed a second former banker from Swiss wealth manager BSI on charges stemming from a money laundering investigation linked to state investor 1Malaysia Development Bhd (1MDB). Yvonne Seah, 45, was ... ( read original story ...)
Singapore NODX bounces back, sees 11.5% jump in November
14.6% surge in non-electronic products boosted NODX. It wasn't until last month when Singapore's non-oil domestic exports ended its long streak of declines with a surprise 11.5% jump. According to the latest data by the International Enterprise Singapore ... ( read original story ...)
Singapore’s Tiong Bahru continues to draw the cool kids
This open-air restaurant and bar on the corner of Eng Hoon Street sports kitsch and quirky interiors, modelled on Singapore’s beloved old kopitiams (coffee shops) and European brasseries. Classic, local cooking and fusion dishes reflect the diversity of ... ( read original story ...)
Singapore Dollar Likely to Slide to Levels Seen After 2008 Crisis, Says Policy Sage
... of the global financial crisis as the Monetary Authority of Singapore resumes easing policy in April. So says an analyst who’s correctly predicted the last three central bank decisions. The authority, which uses the currency as a tool to manage ... ( read original story ...)
Instagram fixes Singapore viral 'bug'
... Anna Lee described it as the "Singapore boost". "Having a large number of likes on your Instagram posts feels good and being featured on the Explore page is a great way to find new followers," Ms Lee told BBC News. She added that she was "puzzled" as ... ( read original story ...)
Singapore exports unexpectedly jump, a turnaround still some way off
SINGAPORE Singapore's exports in November unexpectedly jumped, thanks to a sharp rise in shipments of pharmaceuticals as well as overall increases in sales to the European Union and China, but analysts say it's too early to call a turn for the stressed ... ( read original story ...)
What You Need to About How Monetary Authority of Singapore Operates
All developed nations use a Central Bank to help regulate and sustain economic growth. Singapore is no different, but its approach to monetary policy is very different. In this article we will explore the Monetary Authority of Singapore (MAS) and several ... ( read original story ...)
Singapore rises to world's 16th costliest city for expats
Singapore is the 16th most expensive city in the world for expatriates - a rise of two places from a year ago. This move up has brought Singapore closer to Hong Kong, which fell two places to 11th. "Singapore's cost of living hasn't risen much in Singapore ... ( read original story ...)
Philippines, Singapore boosting economic and business cooperation: President Tony Tan
SINGAPORE: The Philippines and Singapore are doing more to enhance economic and business cooperation, said President Tony Tan Keng Yam on Thursday (Dec 15), at a state banquet hosted for his Philippine counterpart Rodrigo Duterte at the Istana. Dr Tan ... ( read original story ...)
Citi: Fed will only hike twice in 2017
The Fed might have projected three rate hikes next year but the stronger USD will slow down its pace of rate hikes, says Citibank Singapore's Zal Devitre. ( read original story ...)
Singapore, Malaysia ink high-speed rail link deal
It will be operational by December 2026. According to Bloomberg, the high-speed rail deal was signed on Tuesday in the presence of Singapore Prime Minister Lee Hsien Loong and his counterpart Najib Razak in Putrajaya, Malaysia’s administrative capital ... ( read original story ...)
How to Goose the Waitlist for Singapore Airlines Suites Awards
American Express, Citibank, Chase, and other banks are advertising partners ... One of the 18 tricks you should know about Singapore Airlines KrisFlyer is waitlisting awards. You can waitlist as many flights as you want, and decide once a waitlist clears ... ( read original story ...)
Over 40,000 Singapore cleaners to receive 3% wage hike
Following a review of the Tripartite Cluster for Cleaners Report (TCC) for the cleaning sector, the Singapore government has accepted the recommendations contained in the report detailing enhancements to the Progressive Wage Model (PWM). Stated in the ... ( read original story ...)