Singapore’s data centre rental market is tenant-favourable, says the 1H2017 Asia Pacific Data Centres Marketview report by CBRE Research. However, there has been less pressure on occupancy as supply eases, with only 18 megawatts (MW) of new deliveries in ... ( read original story ...)
50 Startups: Central Bank Director Touts Singapore as Blockchain Hub
A senior official for Singapore's de facto central bank says that as many as 50 startups in Singapore are working with blockchain. During a speech yesterday, Monetary Authority of Singapore (MAS) managing director Ravi Menon said that dozens of new ... ( read original story ...)
Amazing Singapore Airlines First Class Award Space To/From Los Angeles
... Boeing 777-300ER You can only book long haul premium cabin award space using Singapore’s own Krisflyer miles. Fortunately you can transfer Chase, Citibank, American Express and Starwood points to Singapore Airlines. Singapore’s Los Angeles ... ( read original story ...)
Sea IPO: Early Look At This Singapore Gaming Company Listing Stateside
Sea, the Singapore-based Internet company, announced its intention to list its stock under ticker SE on the NYSE. Sea began as a gaming company called Garena in 2009, but has since expanded to include ecommerce and digital payment services. Garena is the ... ( read original story ...)
‘Virtual Terror’ Is the New Face of Terrorism and Cybercrime, Says Expert
Wagner noted some of his own experiences when he had his identity stolen while living in Singapore in 2002. He received a call from CitiBank saying he owed them $22,000 for two credit cards he never took out. “Someone had taken out my identity ... ( read original story ...)
Citi Ventures Invites 60 University Students From Hong Kong to Visit As Part of The Week-Long Fintech Bootcamp At Stanford
Angel Ng, Consumer Business Manager of Citibank Hong Kong stated ... the Chinese University of Hong Kong will visit the award-winning Citi Innovation Lab in Singapore, which focuses on exploring new ideas and service concepts for transaction banking ... ( read original story ...)
Singapore regulator takes ‘serious view’ of StanChart probe
Singapore’s financial regulator has said it takes a “serious view” of the issues Standard Chartered is under investigation for, and will “take firm action against any financial institution or individual” that breaches money laundering rules or ... ( read original story ...)
Indonesia probes Standard Chartered over $1.4bn transfer
JAKARTA (Reuters) -- Indonesia is investigating reports that $1.4 billion held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules ... ( read original story ...)
Indonesia says investigating StanChart US$1.4 billion transfer to Singapore
JAKARTA: Indonesia is investigating reports that US$1.4 billion held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules, officials said. ( read original story ...)
Standard Chartered under investigation for $1.4 billion transfer to Singapore
The Monetary Authority of Singapore (MAS) and the Guernsey’s Financial Services Commission were looking into the movement of assets in late 2015, months before the Channel Island adopted a global framework for the exchange of tax data. The transaction ... ( read original story ...)
3 Important Things For Investors To Know About DBS Group Holdings Ltd Now
DBS Group Holdings Ltd (SGX: D05) is Singapore’s largest bank by total assets. With US interest rates likely to rise going forward (given the fact that the Federal Reserve has signalled six rate hikes from now till end-2019), investors in Singapore are ... ( read original story ...)
OHR – OCBC’s New Home Loan Package: Is It Better Than DBS’s FHR?
Sick of playing catching with DBS’ home loan rate, OCBC has dropped their fixed deposit-linked home loan rate, the OCBC FDMR, and introduced a new OCBC Home Rate, or OHR. Yes, Singapore has yet another acronym to deal with, but in this case, it’s a ... ( read original story ...)
Stanchart’s transfer of private banking assets to Singapore comes under MAS’ scrutiny
SINGAPORE - The transfer of US$1.4 billion (S$1.9 billion) of private bank client assets from the English Channel isle of Guernsey to Singapore before new tax transparency rules were introduced has come under the scrutiny of the Monetary Authority of ... ( read original story ...)
Heng Swee Keat to attend G-20 finance ministers, central bank governors meeting in Washington
SINGAPORE - Finance Minister Heng Swee Keat will be in Washington, DC, from Oct 11 to 13 to attend a meeting of Group of 20 (G-20) finance ministers and central bank governors. He will also attend the annual meetings of the World Bank Group and ... ( read original story ...)
Diamonds: A Singapore Bourse Calls Them Portfolio Must-Have
When it comes to havens, investors usually think of gold or Treasuries. Now an exchange in Singapore is starting to trade a credit card-sized package of diamonds for those seeking a shelter from global risks. While bullion trades in standard weights and ... ( read original story ...)
HSBC is hiring for its new UK headquarters. Here’s how to get a job there
“We have already attracted people from London and from markets like Germany, Hong Kong and Singapore.” HSBC is committed to recruiting and retaining a diverse workforce in Birmingham, says Andrews. “Diversity is especially important because the ... ( read original story ...)