Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board ... the high-speed rail to connect the capital Kuala Lumpur with Singapore. “We want to review all contracts that are not in favor or do not ... ( read original story ...)
Malaysia’s new finance minister has a ‘stellar’ economic record in Penang
As finance minister, Lim will be expected to oversee the new ... so that the government can still maintain fiscal discipline," said Hasan Jafri, who heads Singapore-based business consultancy HJ Advisory. But he added: "He will have to work quickly to ... ( read original story ...)
Q&A: Former finance minister Kevin Falcon explains B.C. Liberal role in housing crisis
Kevin Falcon played a key role in the Liberal cabinet as B.C.'s finance minister. After his resignation ... I kept raising in the different markets I was in, particularly in Singapore, Hong Kong and China, was trying to get an understanding of what ... ( read original story ...)
Ex-Genting Singapore V-P admits to insider trading
Genting Singapore's former vice-president of finance, Ms Kunye Tagi, has admitted to insider trading and has paid the Monetary Authority of Singapore (MAS) a civil penalty of $50,000 without court action. This follows a joint investigation by the ... ( read original story ...)
Energy storage’s day in the Singapore sun
“The Singapore government focuses on the ecosystem approach so we have the perfect finance base and a knowledge base such as Nanyang Technological University.” He adds that the transition for new technologies from test bed to real-world application is ... ( read original story ...)
A tech startup’s guide to Singapore
Here are some investors startups can look forward to meeting in Singapore: B Capital: Co-founded by Facebook’s Eduardo Saverin, the firm invests in startups along tech-reliant verticals like healthcare, transportation, finance, and consumer enablement. ( read original story ...)
6 things to know about Singapore before Trump and Kim Jong-un meet there
President Donald Trump said that his historic summit with Kim Jong Un will take place in Singapore on June 12. Here are some relavant facts about the city-state: 1. Until November 2017, Singapore was North Korea’s seventh largest trading partner In ... ( read original story ...)
Hyphens Pharma International to raise $13.5m in IPO
Upon the completion of the IPO, the company's market cap will be at $78m ... and consumer healthcare group with a direct presence in five ASEAN countries, namely, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines. It sells speciality ... ( read original story ...)
Fullerton Health Eyes U.S. IPO After Singapore Setback
Fullerton Healthcare Corp., the medical service provider that shelved plans for a Singapore initial public offering in 2016, is now aiming to sell shares in the U.S., people with knowledge of the matter said. Fullerton Healthcare, founded in 2011, owns ... ( read original story ...)
Vietnam stock valuations seen as pricey after IPO binge
SINGAPORE/HANOI (Reuters) - Vietnam has just celebrated its two biggest IPOs and its first-ever ranking as Southeast Asia’s hottest capital market. But its benchmark index has also just suffered its worst monthly fall in seven years, prompting fund ... ( read original story ...)
COMMENT: Malaysia-Singapore Union Flickers Back to Life
Lee Kuan Yew, the founding father of Singapore, was a canny politician, an extraordinary statesman and an astute analyst of geopolitics. At times it was hard to tell which hat he was wearing. That seems to have been the case when, speaking to the press in ... ( read original story ...)
The Best Online Shopping Coupons & Promo Codes Singapore 2018
Amazon works exclusively (to my knowledge) with Citibank to promote Prime Now membership in Singapore, and you can get a pretty sweet discount of $10 no matter what. Promo expires 31 May though, so hurry. British fashion retailer ASOS is super popular here ... ( read original story ...)
Standard Chartered hires for key team in Hong Kong and Singapore
Standard Chartered has made two senior hires in Asia as it continues ... Last month, Claudia Loh joined as an executive director in Singapore and Samuel Chang came on board as a director in Hong Kong. Both now work in work in wealth transformation ... ( read original story ...)
Singapore bank OCBC’s Q1 profit at 3-1/2 year high, tad below estimates
SINGAPORE (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares down 3.2 ... ( read original story ...)
Ties with US, N. Korea make Singapore an optimum summit site
SINGAPORE (AP) -- With the Demilitarized Zone on the Korean Peninsula out of contention, the small nation of Singapore is a natural choice for the historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, analysts say. Trump ... ( read original story ...)
Growing customer deposit trend bolstered UOB
Besides growing its core business in Singapore, UOB has done well in expanding its geographical footprint. Loans from countries outside of Singapore grew 12.5% to S$108 billion in 2017. There was also a notable 9% increase in loans from regional countries. ( read original story ...)