Singapore tightens regulations for Uber and Airbnb

SINGAPORE, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, are a sign that even ... ( read original story ...)

Mugabe, 93, flies to Singapore for 'medical review'

Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a "scheduled medical review", his spokesman said. Mugabe appeared frail at his birthday party on Saturday, when he stood for more than an ... ( read original story ...)

Singapore property still a top draw for Asia's ultra-rich

SINGAPORE's property market remains high on the agenda of Asia's ultra-rich, notwithstanding the cooling measures still in place. Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class ... ( read original story ...)

DBS CEO says pain from oil and gas downturn taken in 2016

SINGAPORE (Reuters) - The worst of the pain from the oil and gas downturn was felt by Singapore banks and other lenders in the region in 2016, DBS Group Holdings Ltd Chief Executive Piyush Gupta told a Reuters Newsmaker on Thursday, forecasting an improved ... ( read original story ...)

India revises tax treaty with Singapore

NEW DELHI: India’s revised tax treaty with Singapore, aimed at checking round-tripping of funds, has come into force. While most clauses of the amended treaty signed on December 30 took effect from February 27, the principal clause allowing levy of ... ( read original story ...)

ERA owners exploring IPO for Singapore's biggest property agency

Northstar Group said it is in the early stage of exploring an initial public offering of Singapore's biggest real estate agency ERA Realty Network, which has turned out to be one of its top-performing investments thus far. But the Singapore-headquartered ... ( read original story ...)

Fitch Rates DBS Bank's Callable Range Accrual Notes 'AA-emr'

(The following statement was released by the rating agency) SINGAPORE, March 01 (Fitch) Fitch Ratings has assigned DBS Bank Ltd.'s (AA-/Stable) USD20m 15-year callable range accrual notes due 13 March 2032 (ISIN: XS1567334666) a rating of 'AA-emr'. ( read original story ...)

Singapore dollar on sets another record against Malaysian Ringgit

SINGAPORE: The Singapore dollar crossed another milestone against the Malaysian Ringgit, hitting a record high of S$1 to RM3.1728 around 1.50pm on Tuesday (Feb 28). This comes just four days after the Singdollar surpassed the RM3.16 mark. The exchange rate ... ( read original story ...)