SINGAPORE — Singapore’s second-largest lender has decided that the best place to expand its research is the Republic’s rival market Hong Kong. OCBC Bank plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by year-end ... ( read original story ...)
Singapore Needs to Be on Guard for an Inflation Lift, Central Bank Chief Says
MAS stuck to its neutral currency policy earlier this month Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. ( read original story ...)
Singapore’s Second-Largest Lender Plans a Push Into Hong Kong Research
That would supplement the roughly 50 firms already tracked by Bank of Singapore Ltd., OCBC’s private banking unit, she said. OCBC previously invested in mid-cap coverage of Singapore stocks in an attempt to dominate that area of its home market. ( read original story ...)
Singapore Telecommunications : Singtel, DBS attract record number of firms in third annual 99% SME Shopping Week
Singapore, 24 October, 2017 - Singtel and DBS today gave small and medium enterprises (SMEs) another boost by kicking off Singapore's only annual shopping event to rally support for SMEs' businesses. The third edition of the 99% SME Shopping Week was ... ( read original story ...)
Singapore’s new car cap will keep over 1,500 cars from hitting its roads in a year
Singapore’s Land Transport Authority (LTA) announced yesterday (Oct. 23) that it’s setting the new growth target for cars and motorcycles at 0%, replacing the present rate of 0.25%. The new target will come into effect from February next year. The body ... ( read original story ...)
Singapore bans additional cars from its roads from next February
Singapore is to freeze the number of cars and motorbikes on its cramped roads from next year. The city state – one of the most expensive places on the planet to buy a new car – only allowed a growth rate of 0.25% but that will be cut to zero from ... ( read original ...
Singapore Is Banning Additional Cars on Its Roads as the City-State Runs Out Of Space
Singapore is banning additional cars on its roads starting next February in an effort to curb over-congestion in the tiny city-state. Singapore’s Land Transport Authority (LTA) announced it would cut its permitted vehicle growth rate from 0.25% per year ... ( read original story ...)
IE Singapore partners IFC to help more Singapore firms venture into Asia and Africa
SINGAPORE - International Enterprise (IE) Singapore has signed a memorandum of understanding (MOU) with the International Finance Corporation (IFC), part of the World Bank Group, to help more Singapore companies access in-depth market insights and ... ( read original story ...)
Sea IPO: Stale Reaction To An Enlarged IPO
Shares of Sea, the Singapore-based internet and gaming company, began trading on October 20 on the NYSE. The company priced the IPO at $15, above the initial range of $12-$14, and ended up offering 60.3 million shares (20% above its original intention). ( read original story ...)
Singapore to freeze number of cars on its roads
Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. The growth cap for all passenger cars and motorcycles will ... ( read original story ...)
Singapore Stock Market Due For Profit Taking
The winning streak has hit seven sessions for the Singapore stock market, which has advanced more than 65 points or 2 percent along the way. The Straits Times Index now rests just beneath the 3,350-point plateau, although investors figure to cash in on ... ( read original story ...)
DBS has just made a major hire from Citi in Singapore
Jayaraman joined DBS earlier this month after 10 years at Citi in Singapore. He was latterly digital technology delivery head for the bank’s international (ex-North America) business and had “ownership for online banking delivery”, according to his ... ( read original story ...)
Singapore will place new order for US-made Boeing aircraft
President Trump held a joint statement with Singapore Prime Minister Lee Hsien Loong to discuss U.S.-Singapore relations and business deals. ( read original story ...)
How Singapore sees itself complementing China’s Belt and Road
China is Singapore's biggest export market. If the relationship is further strengthened ... "where the infrastructure can be put out either on the stock exchange, or bonds can be issued." Stressing the importance of arbitration in promoting the Belt ... ( read original story ...)
Beginner’s Guide To Investing In Asia (#5): How To Read A Stock Code?
What Is A Stock Index? A stock index is a collection of ... Singapore: Straits Times Index (30) Similarly, the main index in Singapore is the Straits Times Index. It is a market capitalization weighted index of some of the thirty largest companies listed ... ( read original story ...)
Singapore unicorn Sea’s stock has a rollercoaster ride on first day of US IPO
Shares of Singapore’s online gaming, ecommerce, and digital payments company Sea had a rollercoaster ride on the first day of its US$884 million IPO on the New York Stock Exchange (NYSE ... roughly US$270 billion in market capitalization. ( read original story ...)