Singapore Morning News For September 26

Singapore and Indonesia on Monday (Sep 25) concluded a third maritime boundary border treaty. A 37-year-old Singaporean man has been fined S$2,000 for receiving a Rolex watch from his mother-in-law, who bought it duty-free in Singapore as a tourist. ( read original story ...)

Further Damage Expected For Singapore Shares

(RTTNews.com) - The Singapore stock market headed south again on Monday, one session after it had ended the three-day slide in which it had stumbled almost 30 points or 0.9 percent. The Straits Times Index now rests just above the 3,215-point plateau and ... ( read original story ...)

Making sense of Belt and Road – The Asean bank: UOB

Cheong says UOB has acquired more than 1,200 FDI customers just by providing them with this connectivity. Singapore banks see a few cards they can play. One is the solid argument that any Chinese company active in southeast Asia ought to use Singapore as a ... ( read original story ...)

Manufacturing output up 19.1% in August in boost to Q3 growth

Economists from DBS, United Overseas Bank (UOB) and Maybank Kim Eng expect third-quarter gross domestic product growth to range from above 3 per cent to 4.3 per cent. The Singapore economy had grown by 2.9 per cent year-on-year in the second quarter. ( read original story ...)

U.S. crude exports to Asia may shake up global oil pricing

Crude oil exports to Asia from the United States are still relatively ... told the S&P Global Platts Asia Pacific Petroleum Conference in Singapore on Monday. Much of this production will be exported as U.S. refiners along the Gulf Coast aren’t capable ... ( read original story ...)

Blockchain booster: Singapore eyes commodity fintech firms

SINGAPORE (Reuters) - Singapore is aiming to position itself as a hub for blockchain development in commodity trading, with start-ups looking to boost access to trade finance and eliminate the opportunity for fraud. Several firms launching in coming months ... ( read original story ...)

49% of S’poreans aspire to buy property in near future

Property affordability sentiment is still subdued in Singapore. Nearly five in 10 Singaporeans intend to purchase a residential property in the near future, according to PropertyGuru’s Regional Consumer Sentiment Survey for H1 2017. Although the home ... ( read original story ...)