Home owners in Singapore can expect to pay a higher monthly instalment on their housing loans, on the back of a rate hike by the United States Federal Reserve. The US central bank raised its benchmark federal fund rate - the rate banks charge each other ... ( read original story ...)
The Largest Banks of Southeast Asia
With a total asset of $322.8 billion USD, the DBS Bank of Singapore is Southeast Asia's largest bank. A signboard outside the DBS Bank, the largest bank in Southeast Asia. The banking sector in Southeast Asia has outperformed the global banking sector ... ( read original story ...)
Singapore Beefing Up Cyber Defenses
In the wake of a recent breach of the Singapore Ministry of Defense's I-net system, which provides internet access to military personnel and other employees for their personal communications, the ministry has unveiled a cyber defense strategy to help guard ... ( read original story ...)
Michelle Wie shares lead at Bank of Hope Founders Cup
PHOENIX — This just in: Singapore was no fluke. Michelle Wie owns a share of the lead at the Bank of Hope Founders Cup after a smoking 7-under 65. The former prodigy and Nike fashionsta posted a couple late bogeys on her front nine and made the turn ... ( read original story ...)
Singapore February exports strongest in five years, China shipments surge
SINGAPORE Singapore's February non-oil domestic exports (NODX) grew at their fastest pace in five years, fuelled by demand for the city state's tech products and a sharp jump in shipments to China. The stronger-than-expected data adds to optimism of a ... ( read original story ...)
Singapore Exports Surge Most in Five Years, Beating Forecasts
(Bloomberg) -- Singapore’s non-oil domestic exports increased at the fastest pace in five years in February, adding to signs of a recovery in the trade-dependent economy. Key Points Non-oil domestic exports rose 21.5 percent in February from a year ago ... ( read original story ...)
Singapore Feb exports strongest in 5 years, beat forecasts
SINGAPORE, March 17 Singapore's non-oil domestic exports (NODX) in February rose 21.5 percent from a year earlier, boosted by an increase in electronics and petrochemical shipments, official data showed on Friday, much faster than forecasts. On a month-on ... ( read original story ...)
February exports surge 21.5% in 4th straight month of growth
SINGAPORE: Non-oil domestic exports (NODX) in Singapore surged 21.5 per cent year-on-year in February, beating analysts' forecasts and marking the fourth straight month of expansion. The expansion was due to an increase in both electronic and non ... ( read original story ...)
Singapore stocks at highest since August 2015 as Fed signals gradual rate hikes
SINGAPORE: Singapore stocks rose to their highest level in one and a half years on Thursday (Mar 16), taking cues from overnight gains on Wall Street after the US Federal Reserve signalled a more gradual pace of monetary tightening. The Straits Times Index ... ( read original story ...)
Singapore to host International Champions Cup for next 4 years
SINGAPORE: Singapore will be the designated Southeast Asia host for the International Champions Cup for the next four years. This comes after the Singapore Tourism Board (STB) on Thursday (Mar 16) signed a four-year partnership with Catalyst Media Group to ... ( read original story ...)
Hunting unicorns, Singapore Exchange turns to dual share system
SINGAPORE Singapore's plans to become the first Asian bourse to allow dual class share listings is catching the attention of tech entrepreneurs and could help turn a staid market into a buzzing tech hub, as the city-state looks to rebrand its image. ( read original story ...)
Fedex Small Business Grants contest expanded to China
FedEx Express has expanded its Asia FedEx Small Business Grants Contest to help more small- and medium-size enterprises (SMEs) connect with a world of opportunities. Following the program’s regional debut in Hong Kong and Singapore last year, this year ... ( read original story ...)
Singapore passport ranks No. 4 in the world, top in Asia for visa-free access
SINGAPORE - The Singapore passport continues to be widely accepted globally, reaching its highest ever ranking at No. 4 on this year's Henley & Partners Visa Restrictions Index against a global trend of decreased travel freedom. The number of countries and ... ( read original story ...)
Singapore Stock Market May Halt Losing Streak
(RTTNews.com) - The Singapore stock market has moved lower in back-to-back sessions, falling almost 10 points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,135-point plateau, although the market may stop the bleeding on ... ( read original story ...)
Singapore’s Plan to Woo More Unicorns Would Be a ‘Game Changer’
Singapore Exchange's boldest move in years is designed to make it the go-to-place for potential IPOs for Southeast Asian start-ups, such as ride-hailing services Grab and GO-JEK, and online retailers Tokopedia and India's Flipkart. Such a change ... ( read original story ...)
Double delight for Accenture innovation in US and Singapore
As Banking Technology reported last month ... marketing and performance reporting for a number of leading financial institutions”. Meanwhile, in Singapore, the firm has unveiled another one of its “liquid studios”. Last week, it opened one in ... ( read original story ...)