UOB reports 5.5% rise in Q2 net profit

SINGAPORE - UOB Group reported net profit of S$845 million in the second quarter of 2017, an increase of 5.5 per cent than a year ago, largely due to growth in net interest income and fee and commission income. For the first half of 2017, net profit came ... ( read original story ...)

Japan to hike tariffs on frozen beef imports from U.S., others

TOKYO/SINGAPORE (Reuters) - Japan's Ministry of Finance (MOF) said on Friday the country will raise tariffs on frozen beef imports from the United States and other countries from August to protect domestic producers. Tariffs on frozen beef will jump to 50 ... ( read original story ...)

Fullerton Family Package – Perfect for a quick getaway!

The building housed services and organisations such as the General Post Office, the Exchange, the Singapore Club, the Marine Department and the Import and Export Department. One of the most prominent things to remember about the Fullerton hotel is that ... ( read original story ...)

54-year-old caught smuggling foreign currency in rectum

The Sri Lankan passenger who attempted the smuggling was found to be from Negombo, and was bound to Singapore via Mumbai aboard the aircraft bearing the number 9W251, when he was intercepted by Customs officers at the departure terminal, Media Spokesperson ... ( read original story ...)

Carpenter nabbed with forex worth Rs.14mn in his rectum

... Mirror BIA Deputy Customs Director Parakrama Basnayake said the suspect was arrested after a tip off to the customs. He was bound to Singapore via Mumbai by flight 9W251. During the inquiry the suspect was identified as a carpenter from Negombo area. ( read original story ...)

Foreign investment surges 52%

Imports of foreign-invested enterprises reached $71.35 billion ... Japan was the runner-up, with $5.46 billion, or 24.92 per cent of the FDI. Singapore followed with $3.8 billion, accounting for 17.3 per cent of the total FDI. The central province of ... ( read original story ...)

Singapore’s banking sector filling tech roles fast

There were 3,150 unique online jobs in Singapore’s banking and finance industry during the second quarter, marking a 12% hike from the first three months this year, according to labor market intelligence provider JobTech. Hiring in the industry has seen ... ( read original story ...)

Declining Exports to Singapore a ‘Blessing’ for Indonesia?

Over the past decade Indonesia has been able to ship more products, largely non-oil and gas items, directly from its ports to overseas destinations. A CMA CGM vessel. (Photo source: SINDO News) Jakarta, GIVnews.com – Indonesia’s exports to Singapore ... ( read original story ...)

Amazon launches Prime Now services in Singapore

Prime Now will allow Singapore users to place orders for fast delivery on a variety of items, including beer, beverages, milk, eggs, fresh produce, dried goods, consumer electronics, toys and baby products. The app was made available for download on ... ( read original story ...)