HSBC reported on Tuesday that annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing recovery. Europe's biggest bank said net profit ... ( read original story ...)
Singapore carbon tax would hit refiners, help renewables
SINGAPORE (Reuters) - Singapore's proposed plan to tax greenhouse gas emissions would likely hit oil refiners hard, ramping up costs in an industry that has been central to the city-state's rapid development over the last half-century. Monday's ... ( read original story ...)
Singapore 'fire rainbow' cloud phenomenon lights up sky
A rare cloud phenomenon over Singapore has delighted people in the city-state. The multi-coloured glow appeared in the sky on Monday in the late afternoon, lasting for about 15 minutes, and was seen across the island. Media reports said it was likely a ... ( read original story ...)
Singapore, UK renew bilateral Economic and Business Partnership
SINGAPORE: Singapore and the United Kingdom on Tuesday (Feb 21) renewed the bilateral Economic and Business Partnership (EBP), the Ministry of Trade and Industry (MTI) announced in a news release. This paves the way for greater economic cooperation and ... ( read original story ...)
Sequans Collaborates with STMicroelectronics on Turnkey LTE-M IoT Design Kit
Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com, , Monarch, the world's first and ... ( read original story ...)
Singapore Technologies Engineering : ST Engineering's Electronics Arm Sets Up Subsidiary In Saudi Arabia
Singapore, 21 February 2017- Singapore Technologies Engineering Ltd (ST Engineering), today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has set up a subsidiary, Singapore Technologies Electronics (Saudi ... ( read original story ...)
Mortgage insurance: What is it and why homeowners should get it
This is especially so for homeowners who reside in a private property. In Singapore, mortgage insurance is also known as a Mortgage Reduced Term Assurance (MRTA) as the sum assured is gradually reduced as the housing loan gets paid off every month. ( read original story ...)
DIARY – Singapore
TUESDAY, FEBRUARY 28 Release of Singapore Bank Lending for January at 1000(0200GMT). THURSDAY, MARCH 2 Release of Singapore PMI for February at 2100(1300GMT). TUESDAY, MARCH 7 Release of Singapore Foreign Reserves for February at 1700 (0900GMT). ( read original story ...)
UOB: Why This Singapore Bank Is a Buy
United Overseas Bank U11.SG 1.3888888888888888% United Overseas Bank Ltd ... Management believes the Fed rate hike impact pass through would lag Singapore Interbank Offered Rate (SIBOR) movements, hence expectations of a later rise in net interest margin ... ( read original story ...)
Goods and Services Tax ( GST Bill)India Explained http://dougleschan.com/the-recruitment-guru/jobsbank-singapore/jobs-bank-singapore-a-total-flop/
A comprehensive presentation on Goods and Services Tax ( GST ) by GreyMatBay. History of GST, its relevance, Impact on Economy, calculation of tax under GST, applicable tax rates, Main provisions of GST, how GST can complement economic growth, its synergy ... ( read original story ...)
DBS launches Hack2Hire to recruit 100 techies for H'bad hub
Singapore's largest bank DBS today said it is planning to hire 100 skilled professionals, in emerging and disruptive technologies across cloud, machine learning and Big Data, for its Hyderabad hub. DBS has launched the recruitment drive 'DBS Hack2Hire' and ... ( read original story ...)
United Overseas Bank : Plan to Issue S$750 Million 3.50% Notes Due 2029
SINGAPORE--United Overseas Bank Ltd. (U11.SG) said Tuesday it plans to issue 750 million Singapore dollars (US$528 million) of subordinated notes due for maturity in 2029. The issuance will be part of the lender's S$15 billion euro medium-term note program ... ( read original story ...)
GOVT Singapore bolsters team post OCBC account win
The second senior account handler hired for OCBC Bank is senior account director Jaslyn Lam, most recently from Saatchi & Saatchi Singapore, where she led the global and regional management of P&G brand, Pampers. Prior to Saatchi & Saatchi, Lam had stints ... ( read original story ...)
Japan’s Largest Bank is Testing Digitized Checks on a Blockchain in Singapore
The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central ... ( read original story ...)
Hungry Singaporeans Make Eating Profitable as Restaurants Rally
(Bloomberg) -- As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as dining out drives shares higher. These companies may be ... ( read original story ...)
What Happened In The World Of Finance Over The Past Week
First, there’s the possible introduction of dual class share structures for companies listed in Singapore’s stock market. Then, we’d move on to the latest growth numbers for Singapore’s economy. A possible introduction of dual share classes in ... ( read original story ...)