The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central ... ( read original story ...)
Hungry Singaporeans Make Eating Profitable as Restaurants Rally
(Bloomberg) -- As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as dining out drives shares higher. These companies may be ... ( read original story ...)
What Happened In The World Of Finance Over The Past Week
First, there’s the possible introduction of dual class share structures for companies listed in Singapore’s stock market. Then, we’d move on to the latest growth numbers for Singapore’s economy. A possible introduction of dual share classes in ... ( read original story ...)
Is this the worst ETF of all time?
A popular ETF-like investment is designed to protect against portfolio losses in the event of a stock market crash. But most investors have no idea that holding this Exchange Traded Note (ETN) is likely to cost them more money than any market crash ever could. ( read original story ...)
Singapore budget: Wary of ‘deep shifts' in global environment, focusing on building local capabilities
Presenting the annual budget statement in Parliament on Monday, Finance Minister Heng Swee Keat said Singapore must take "decisive action" to position the country amid such "deep shifts" in the global economic environment. Outlining the government's ... ( read original story ...)
Singapore unveils bigger 2017/18 budget
SINGAPORE - Singapore presented a bigger budget for the coming year, providing support for the struggling sectors, but keeping a surplus in case global economic conditions worsen and put the city-state's growth at risk. Following up on recommendations by a ... ( read original story ...)
Singapore Budget 2017 – Live Updates, Thoughts & Comments
Following the Singapore Budget live can be difficult, especially for those of you who are stuck in the office rushing out some work deadlines for your uncompromising boss. At the same time, not all announcements would be relevant to you, the average ... ( read original story ...)
Singapore Takes Targeted Steps in Budget to Help Spur Growth
Singapore’s Finance Minister Heng Swee Keat outlined a set of targeted measures in his budget speech to help the struggling oil industry and spur construction. The government will bring forward S$700 million ($494 million) worth of infrastructure ... ( read original story ...)
This Company Is Ditching Interviews And Hiring 100 New Staff – Via A Hackathon
Today, Singapore bank DBS announced that it plans to ditch the resume-interview route and hire 100 developers from a coding challenge and hackathon. Following its mission to cement its position as a leading digital bank and reimagine how banking is done ... ( read original story ...)
Singapore unveils bigger 2017/18 budget, but wary of global risks
SINGAPORE Singapore presented a bigger budget for the coming year, providing support for the struggling sectors, but keeping a surplus in case global economic conditions worsen and put the city-state's growth at risk. Following up on recommendations by a ... ( read original story ...)
Singapore’s hope of beating Hong Kong in IPOs is a pipe dream
Singapore’s effort to score the 2018 listing of state oil giant Saudi Aramco – expected to be the world’s biggest initial public offering – is the latest show of its ambition to develop an elite global exchange, but analysts say a lack of liquidity ... ( read original story ...)
Property firms eager to become master developers
There may be opportunities for property developers to develop entire precincts in the future. Many developers in Singapore have expressed their eagerness to participate in a private-public partnership model that will see them master planning new districts ... ( read original story ...)
Fitch Rates UOB's Basel III Tier 2 Subordinated Notes 'A+(EXP)'
Fitch Ratings has assigned Singapore-based United Overseas Bank Limited's (UOB) proposed Singapore dollar-denominated Basel III-compliant Tier 2 subordinated notes an expected rating of 'A+(EXP)'. The notes will be issued under the bank's SGD15bn Euro ... ( read original story ...)
Live Blog: Singapore Budget 2017
(Photo by Suhaimi Abdullah/Getty Images) Singapore Finance Minister Heng Swee Keat is to deliver his second Budget Statement in Parliament today (Monday, 20 Feb) at 3:30pm. The budget for fiscal year 2017, which starts from April to March, will address the ... ( read original story ...)
The surrender of Singapore: Pictures show the moment Britain surrendered island territory to Japan in 1942, leading to three years of hell for 80,000 prisoners of war
Rare images of 'Britain's worst wartime disaster' where the UK surrendered Singapore to the Japanese have been published in a new book. The fall of Singapore was perhaps Britain's greatest military defeat since General Cornwallis surrendered to the ... ( read original story ...)
Finance companies' shares soar on new relaxed rules
Singapore's three finance companies are sleepy no more. The prices of all three rocketed as much as 32 per cent the past two days from Monday after the Monetary Authority of Singapore said it was relaxing rules on finance companies to spur them to ... ( read original story ...)