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 ...)
Retail investors more cautious about overseas property deals
SINGAPORE: Two recent charges against local real estate firms promoting overseas residential investments have put the spotlight back on such risky purchases. A complaint was filed against property agency Square Yards Singapore last month for failing to ... ( read original story ...)
Singapore business class – great fares from New York, Houston, and LA
As reported by Gary Leff at View from the Wing, Singapore Airlines is having a great business class fare sale with round trip fares starting under $2,000. While the price is already terrific for long haul business class, this deal could be very ... ( read original story ...)
Bank of Singapore to use Dubai as base to attract Middle East, Africa wealth
DUBAI (Reuters) - The private banking arm of Singapore’s second-biggest lender OCBC is targeting annual growth of assets of more than 20 percent from its new office in Dubai, which it aims to use to attract wealthy clients from the Middle East ... ( read original story ...)
US Defense Secretary Mattis values relationship with Singapore: Ng Eng Hen
SINGAPORE: Defence Minister Ng Eng Hen on Saturday (Feb 18) met with US Secretary of Defense James Mattis for the first time since the latter was appointed to his role earlier this year, and he said they had a "very good first meeting". The two met on ... ( read original story ...)
Go abroad, embrace technology: How Singapore firms are navigating the uncertain economy
SINGAPORE: Despite taking up two shophouses along Simon Road in Kovan, only half of the space at Lola’s Cafe is open for business on weekdays. According to its co-founder June Tan, it was a decision that had to be made after business started slowing down ... ( read original story ...)
Monetary Authority of Singapore makes loans and VC licensing easier, but will it help travel startups?
The Monetary Authority of Singapore (MAS) has opted to relax current rules regarding how finance companies provide loans to SMEs and startups. At the moment, a finance company faces a cap of 10% of capital funds for total uncollateralised lending ... ( read original story ...)