A private jet belonging to Malaysian tycoon Low Taek Jho - who is under investigation for his involvement in the scandal-hit Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) - has been seized by Singapore authorities, media in both ... ( read original story ...)
Why We Need To Stop Thinking Of Singapore As The 'Delaware Of Asia'
As the startup ecosystem in Asia matures, there are more post-seeded startups generating revenue who could use the protection of Singapore’s business-friendly tax rates. Add that to the fact that Singapore is one of the most politically stable countries ... ( read original story ...)
How Investors Can Understand 1 Crucial Aspect Of Singapore Post Limited’s Business: Trade Receivables Management
Singapore Post Limited (SGX: S08) is a company that’s likely to be familiar to many in Singapore given that it runs the nation’s postal services. But there’s more to Singapore Post – it also provides eCommerce-related logistics services and has ... ( read original story ...)
Singapore Airlines to buy 39 Boeing planes worth US$13.8b
SINGAPORE: Singapore Airlines (SIA) has announced an order for 39 Boeing passenger planes worth US$13.8 billion as part of its growth plans for the next decade. The carrier said in a statement on Thursday (Feb 9) that it had signed a letter of intent with ... ( read original story ...)
Chart of the Day: Electronics remain the largest domestic exports category
The sector makes up 30% of NODX. Electronics exports remain Singapore’s largest domestic exports category, at 30% of NODX, and it remains a key indicator to track having historically led Singapore’s GDP and stock-market cycle. According Citi Research ... ( read original story ...)
Singapore Exchange holds talks with gas exporter
Reuters are reporting that Singapore Exchange has held talks with Saudi Aramco on a secondary listing, after the oil and gas company suggested last week it would likely list on more than one exchange. The planned listing next year of up to 5% of Aramco is ... ( read original story ...)
Singapore Exchange in talks with Saudi Aramco
SINGAPORE: Singapore Exchange held talks with Saudi Aramco on a secondary listing, two sources familiar with the matter said, after the oil and gas company suggested last week it would likely list on more than one exchange. According to details, the ... ( read original story ...)
Singapore job vacancies rebound after 6 quarters
SINGAPORE: After six straight quarters of declines, the number of job vacancies rebounded, with fewer employers having as much difficulty filling these positions, the latest job vacancies report released by the Ministry of Manpower (MOM) shows. According ... ( read original story ...)
Singapore’s SIAEC net profit rise 6.5% in Q3
SINGAPORE: Singapore Airlines’ engineering arm reported its third-quarter net profits rose 6.5 per cent to $52.6 million. The bottom line got a $2.3 million boost on the partial disposal of an associated company, while the same quarter last year was ... ( read original story ...)
Monetary Authority of Singapore: Asia companies can endure shocks
The column was based on an abridged interview done by the Official Monetary and Financial Institutions Forum and due to be published in their monthly magazine, Business Times said. Profits at Singapore’s three publicly traded banks have come under strain ... ( read original story ...)
10 Singapore Startups Who Pioneered The Entrepreneurship Scene In The Early 2010s
The team later moved on to multiple different roles in various Singapore startups. In the early 2010s, when I was still back at e27, job listings sites that allow anyone to put up errands postings were sprouting up like nobody’s business. Of the few that ... ( read original story ...)
Singapore to enter an economic downturn in 2017?
In Singapore Business Federation’s National Business Survey too, 50% of businesses reported a pessimistic outlook, with demands for the government to act in some way. Will the Singapore dollar be guided down? Source: Pixabay IMF data for GDP per capita ... ( read original story ...)
Traders rush to ship U.S. oil as export window to Asia opens
The U.S. crude cargoes, which will include both light and heavy grades, will reach China, Japan and Singapore, according to four trading sources and Reuters shipping data. Some exports are also headed to Europe and Latin America. "It's a good time to buy U ... ( read original story ...)
Singapore casino market to stay flat in 2017: Fitch
SINGAPORE: Fitch Ratings Inc. said it expects combined gaming revenues at Singapore’s two casino resorts to be roughly flat at US$4 billion in 2017 compared to last year, on continuing “weak” VIP play. Singapore’s casino market is currently a ... ( read original story ...)
Is Singapore bond market headed to a downturn this year?
Bond issuers may have to rethink their plans as interest rates rise. In 2016, Singapore’s bond market faced a series of defaults as companies associated with the oil and gas sector found themselves in a position where they were unable to meet their ... ( read original story ...)
Singapore Airlines A350 from Dusseldorf (Business Class)
On 26 August 2016, we flew from Dusseldorf to Singapore on the spanking new Airbus A350-900. We had a taste of the new plane back in May when we took the kids to Hong Kong. This time, we finally had the chance to try the product like how it was meant to be ... ( read ...