SINGAPORE: The Joint Council for Bilateral Cooperation (JCBC) - the highest-level bilateral forum between Singapore and China - will be held on Monday (Feb 27) in Beijing. Singapore Deputy Prime Minister Teo Chee Hean will make a three-day official visit ... ( read original story ...)
Singapore Budget 2017: So what is holding Singapore back?
A cultural aversion to venturing outside the box and a lack of confidence are holding Singapore back from realising its full potential as an innovation hub. Panellists at The Straits Times' post-Budget roundtable said the country already has much to be ... ( read original story ...)
The fall of Singapore: Shades of grey
Amid the solemn commemorations of the 75th anniversary of the fall of Singapore to the Japanese during World War II and the controversy over the naming of the Syonan Gallery last week, another anniversary passed unmarked. On Feb 17, 1942, two days after ... ( read original story ...)
Singapore firms need to re-engage with their Asean roots
A deeper understanding of Asean is sorely needed if Singapore companies want to take full advantage of emerging opportunities in the region. This means building networks, remaining open to talent, and developing expertise to become a springboard into the ... ( read original story ...)
Genting Singapore losses reversed through $159 million earnings in Q4
Genting Singapore is a Singapore-based regional leisure, integrated resorts development and hospitality specialist listed on the main board of Singapore Exchange Securities Trading Limited. Genting Singapore (G13) got back into the market with a net profit ... ( read original story ...)
Logic seen in Singapore fighter pilot base in NZ
A proposal for Singapore to use the Ohakea airbase near Palmerston North as a training facility for its jet pilots is being seen as a logical next step in defence relations between the two countries. The government has confirmed a feasibility study is ... ( read original story ...)
Carbon tax will push up costs for electricity in Singapore
SINGAPORE: The carbon tax announced in Singapore’s Budget will push up costs for power generators and translate into higher electricity prices for consumers, companies and economists say. But some welcomed the move, saying it could spur the development ... ( read original story ...)
HDB Loan vs Bank Loan – What Should You Consider?
If you are considering purchasing a home in Singapore, you have two options: HDB or private properties. For those buying a HDB flat, which represents about 80-90% of the market, deciding on whether to get a HDB concessionary loan or a HDB bank loan can be ... ( read original story ...)
Standard Chartered shares tumble after 'wrenching' year
The boss of Standard Chartered conceded the emerging-markets focused bank had endured a “wrenching” year that saw it creep back to profit but took it no closer to restoring its dividend. Bill Winters, who took the helm at the lender in 2015 and ... ( read original story ...)
Samsung Pay now available in Malaysia with Maybank, Citibank, etc
After launching in Australia, Singapore, and Thailand, it’s now the the turn of Malaysia. The mobile payment system is finally available in the country through its partnership with major banks like Maybank, Citibank, Standard & Chartered, as well as Visa ... ( read original story ...)
NZ could host Singapore's fighter jets at Ohakea
Singapore is eying Ohakea air base in Manawatu as a potential base for one of its own Air Force squadrons of F15 fighter jets. Up to 500 people would be stationed in or near the base in the region. Defence Minister Gerry Brownlee confirmed that the ... ( read original story ...)
RBC reviews Asia wealth business for possible sale: sources
RBC’s main wealth management markets in Asia are Hong Kong and Singapore, the region’s two biggest wealth hubs. “There will definitely be a question mark over profitability of this kind of a business that lacks scale,” said a person with knowledge ... ( read original story ...)
Singapore rattles sharing economy change
SINGAPORE: Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, are a sign that ... ( read original story ...)
Singapore's manufacturing output up 2.2% in January
SINGAPORE: Singapore's manufacturing output in January rose 2.2 per cent from a year ago, on the back of strong growth in the precision engineering and electronics clusters. Excluding the more volatile biomedical manufacturing, output grew 7 per cent ... ( read original story ...)
Singapore Morning News Roundup For February 24
Welcome to the Singapore morning news roundup by AEC News Today, your one stop for Singapore news on matters of governance and policies affecting Asean business communities. Disrupting the disruptors: Singapore rattles sharing economy with rule change ... ( read original story ...)
Singapore dollar hits all-time high against Malaysian ringgit
SINGAPORE: The Singapore dollar hovered at an all-time high against the Malaysian ringgit on Friday (Feb 24), peaking at 3.1687 earlier in the day before easing back to 3.1643 in afternoon trade. An outperformance of the Singapore currency, rather than a ... ( read original story ...)