According to Serena Ling, the Chief Economist of OCBC based in Singapore, 2017 turned out to be a relatively robust year for global growth and risk-taking. This is despite the global market expectations that some turmoil or turbulence could surface ... ( read original story ...)
Daily Briefing: Singapore mulls buying F-35 jets; Jardine C&C nears 52-week low
And here's how you can prepare for the transition to cashless payments. From Reuters via Yahoo! Finance: The Singapore government is "seriously evaluating" a future purchase of F-35 jets, the head of Lockheed Martin Corp's international business said on ... ( read original story ...)
Singapore must help shape international law: Indranee
Singapore must actively help to shape international law, Senior Minister of State for Finance and Law Indranee Rajah said yesterday. She explained that international norms and statutes increasingly determine what states can and cannot do within their ... ( read original story ...)
Singapore’s foreign reserves gained 11.73% to US$282.38b in January
Its gold and forex reserves climbed by 3.95%. Singapore's foreign reserves gained 11.73% YoY to US$282.38b in January, the Monetary Authority of Singapore (MAS) revealed. According to preliminary data, gold and forex reserves reached $367.09b, up by 3.95% ... ( read original story ...)
NGOs to Singapore banks: Act on climate change and stop funding coal
Funders for coal projects in these fast-growing economies include Singapore’s DBS bank, OCBC and UOB, the letter points out. “Not only [are Singapore’s banks] failing to deliver policy and practical responses to climate change, but instead [they are ... ( read original story ...)
DBS annual dividend to jump to S$1.20 per share from FY18
SINGAPORE - DBS Group Holdings will pay S$1.20 per share in dividends from 2018 onwards - double its payout in three of the past four years, the bank said on Thursday (Feb 8). The news came as DBS said that earnings reached a record high of S$1.19 billion ... ( read original story ...)
Singapore’s DBS expects higher margins as Q4 profit jumps
Singapore: Singaporean lender DBS Group Holdings said on Thursday it expects to lift its net interest margins this year, as it reported a 33 percent rise in quarterly profit and announced higher dividends, sending its shares up 3 percent. The results came ... ( read original story ...)
Continued Consolidation Called For Singapore Stock Market
The Singapore stock market has finished lower in four straight sessions, sliding more than 150 points or 4.5 percent in that span. The Straits Times Index now rests just beneath the 3,385-point plateau and it may extend its losses on Thursday. The global ... ( read original story ...)
Singapore’s expected hotel yields amongst the lowest in Asia
They're expected to yield 3.5%-4.5% in 2018. Singapore's hotels are expected to have yields between 3.5%-4.5% in 2018, slightly within the lower ranges for the Asia Pacific region, Savills Singapore said. According to their forecast, Hong Kong hotels have ... ( read original story ...)
Fantastic Singapore Airlines First Class Award Space Los Angeles – Tokyo
... 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. It’s one of my favorite uses of ... ( read original story ...)
Singapore’s DBS expects higher margins as fourth-quarter profit jumps
SINGAPORE (Reuters) - DBS Group Holdings (DBSM.SI), Singapore’s biggest lender, said on Thursday it expects an improving interest rate environment to lift net interest margins this year, as it reported a 33 percent increase in quarterly profit, matching ... ( read original story ...)
Bank of Singapore eyes expansion Dubai as assets jump
The private banking arm of Singapore's second-biggest lender, OCBC, aims to add around 25 relationship managers to its Dubai office by 2020 as it targets more business from non-resident Indians and wealthy Middle East clients, a senior executive told Reuters. ( read original story ...)
Singapore startup 3PlayGrounds makes group travel more ‘social’, acquired 20K users without marketing spend
Shortly afterwards, I ran into 3PlayGrounds’ future Co-founder Chong Lee Ling, who previously worked at CitiBank’s Infrastructure department for 17 years, at a networking event here in Singapore, and heard her idea and went “oh shit this is going to ... ( read original story ...)
Influence Chain launches in Singapore, triggering more enthusiasm in Blockchain Technology
SINGAPORE, Feb. 7, 2018 /PRNewswire/ -- The grand opening of Influence Chain Asia-Pacific Operation Center in Singapore was held on 4 th Feb afternoon, at Mastercard Theatre, Marina Bay Sands. A group of shining stars from China and Southeast Asian ... ( read original story ...)
Pilot injured as S. Korean jet catches fire at Singapore Airshow
A pilot was slightly injured when a South Korean aircraft taking part in the Singapore Airshow skidded off the runway and caught fire Tuesday while taking off, authorities said. The Civil Aviation Authority of Singapore (CAAS) said the aircraft from the ... ( read original story ...)
Singapore Government still studying e-commerce tax: Indranee Rajah
SINGAPORE - With under two weeks to go till the Budget speech on Feb 19, the government is still studying the implementation of an e-commerce tax, Senior Minister of State for Law and Finance Indranee Rajah said on Wednesday (Feb 7) morning. "It's ... ( read original story ...)