21 June 2017 – Kronologi Asia Berhad (“Kronologi” or “the Group”) said today it will partner Singapore Technologies Electronics Limited (ST Electronics) to expand in Hong Kong as part of its strategy to deliver transnational (cross border ... ( read original story ...)
Singapore to Let Banks Invest in Digital Platforms, E-Commerce
Regulator to limit investment to 10% of bank’s capital funds Retail clients to be able to transfer money using cell numbers Singapore regulators have proposed rules that will make it easier for banks to conduct or invest in non-financial businesses such ... ( read original story ...)
Bank Negara’s liberalisation actions stabilises the ringgit – UOB
SINGAPORE: UOB’s Global Economic & Markets Research team has issued their periodical report – the ‘Third Quarter UOB House View’ today. In the report, UOB noted that the ringgit have strengthened in recent months, attributing on the US dollar ... ( read original story ...)
Medical tourism growth easing in Singapore
SINGAPORE: Medical tourism growth here is expected to slow down amid stiffer regional competition, especially from the Malaysian healthcare market, according to UOB Kay Hian. The softer outlook in Singapore comes amid a decline in growth of foreign patient ... ( read original story ...)
The Malaysian Stock Market’s Equivalent Of Singapore-Listed Companies
Plantation companies are also present in both Singapore and Malaysia’s stock market. When it comes to investing, it may make sense to expand our horizons beyond Singapore and look at other countries in order to give us more options. Also, like us on ... ( read original story ...)
Singapore Telecommunications : Singtel Unit Launches Singapore’s Biggest IPO in More Than Six Years — Update
SINGAPORE--Singapore Telecommunications Ltd., will start taking orders from institutional investors for an initial public offering of its high-speed broadband unit that could raise as much as 2.7 billion Singapore dollars (US$1.95 billion), making it the ... ( read original story ...)
SEA Games: Singapore will not compete in sepak takraw, volleyball, weightlifting
the Singapore National Olympic Council (SNOC) said in a news release on Tuesday (Jun 27). It also announced that 39 athletes have successfully appealed to be included in SNOC's longlist of athletes to represent Singapore in the Games. Fourteen out of the ... ( read original story ...)
New way to pay up — just use mobile phone numbers or IC
SINGAPORE — Consumers will soon be able to transfer funds directly to one another using their mobile phone number, with the PayNow service. Seven banks — Citibank Singapore, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and United ... ( read original story ...)
Singapore to allow banks to enter non-financial e-commerce
SINGAPORE Singapore's central bank will streamline regulatory requirements to allow banks to conduct or invest in non-financial e-commerce businesses, it said late on Tuesday. Finance Minister Heng Swee Keat, speaking at an event organised by the ... ( read original story ...)
New PayNow service enables funds transfer using mobile phones
Seven banks – Citibank Singapore, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and United Overseas Bank – will offer this scheme from July 10, according to a statement by the Association of Banks in Singapore (ABS) on Tuesday (June 22). ( read original story ...)
Disruption looms for property sector as technology investments mount
Singapore-based Reidao is one such company that is tokenising ... "It is akin to the equities market 20 years ago when there wasn't a lot of technology for trading and visibility and transparency and market scoping," he said. In any case, it appears ... ( read original story ...)
Singapore listed 5th costliest city for expats
Singapore has been ranked as the fifth most expensive city for expats in Mercer’s annual Cost of Living Survey, reported Singapore Business Review. Emerging as the most expensive city in Asia, Hong Kong was surpassed by Luanda to take on the second place ... ( read original story ...)
Singapore Airlines to serve local dishes like chicken rice, nasi lemak in July
in collaboration with the Singapore Tourism Board, the airline said in a news release. The dishes were chosen through voting by customers in an online poll conducted on the carrier's website. Passengers travelling in suites, first class and business ... ( read original story ...)
Blockchain Technology Regulations: What US Can Learn From Singapore
Hundreds of entrepreneurs, venture capitalists, bitcoin collectors and blockchain aficionados crowded into the New York University auditorium last week for the first Token Summit. Outside, the world was damp, smothered by low-hanging clouds. Behind the ... ( read original story ...)
Philippines, Singapore push open banking system
MANILA, Philippines - The Philippines is set to pursue an agreement with Singapore as part of efforts to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian ... ( read original story ...)
J.P. Morgan Singapore MD: New recruits must be like Jamie Dimon
http://news.efinancialcareers.com/sg-en/280206/rohit-chatterji-jpmorgan/ J.P. Morgan’s is adding client-facing staff to its Asian private bank this year and it wants them in the mould of CEO Jamie Dimon, says a Singapore-based managing director. ( read original story ...)