In the latest update on the 1MDB saga, the Monetary Authority of Singapore has slapped penalties on several banks over anti-money-laundering rule breaches. ( read original story ...)
Designer in Focus: MAX TAN
Singapore Fashion Week is back with a brand new list of designers armed with their best collection yet! Mark your calendars. From 26 October to 29 October, it is the fashion event of the year. We celebrate some of our old favourites and keep an eye out for ... ( read original story ...)
Singapore amongst five ASEAN cities to dominate travel, tourism sector over the next decade
The industry is projected to be worth $1.1tr. One in ten of all tourism investment dollars will go into ASEAN countries over the next ten years, and the greatest beneficiaries would be Singapore, Thailand, Vietnam, Indonesia, and Malaysia, according to new ... ( read original story ...)
Singapore’s $24 Billion Wipeout Eats Into Its Shipyard Base (2)
Singapore’s Straits Times Index climbed 0.2 percent ... give it broader capabilities in building gas storage tanks and offshore production units, Chief Financial Officer Tan Cheng Tat said in July. The company has experienced “several down-cycles ... ( read original story ...)
Singapore REITs Turn From Worst to First as BNP, Samsung Buy
(Bloomberg) -- Singapore real estate investment trusts have gone from last year’s biggest losers to this year’s best performers as their world-beating yields attract investors including BNP Paribas Investment Partners to Samsung Asset Management. ( read original story ...)
5 funny Singapore-style Halloween costumes
Image: @hilarious_bro/ Twitter Sexy cardboard box In land-scarce Singapore, we’re often reminded to make the fullest use of the limited resources when it comes to our living spaces. Why not allude to that now infamous comment on sex and small spaces and ... ( read original story ...)
Singapore's Changi seeking new partner for Rio airport, operator says
BRASILIA (Reuters) - Singapore Changi Airport [CHAP.UL] is seeking a potential ... Luiz Rocha told reporters, after meeting with Finance Minister Henrique Meirelles, that Changi was seeking a possible new investor in case its existing partner, Brazilian ... ( read original story ...)
Singapore Airlines receives 6th A350
More From Singapore Business Review Depressing days loom over Singapore's online hiring for finance professionals Here's one reason to stay bullish on Singapore's property market Why it's high noon for bargain home hunting ( read original story ...)
Singapore economy shrinks 4.1% in third quarter
Singapore's export-driven economy shrank the most in four years in the third quarter, officials said Friday, as manufacturing sharply contracted on weaker global demand. The city-state, which is regarded as a bellwether for Asia's other trade-reliant ... ( read original story ...)
Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB
CLEAN AND TRUSTED' Ravi Menon, managing director of Singapore's central bank said in the MAS statement the board and senior management of financial institutions play a pivotal role in keeping Singapore a clean and trusted financial center. "They must put ... ( read original story ...)
Fourth telecom provider on the cards for Singapore
The initial auction will be for establishing potential new entrants to the Singapore telecoms industry, which currently has just three providers. It will be followed by a second auction between the reigning three companies, which are Singtel, StarHub and ... ( read original story ...)
Singapore’s growth miss may be the canary in the coalmine
during the global financial crisis. GDP also contracted 4.1 percent on-quarter, compared with a Reuters poll forecast for 0.3 percent growth. "Singapore being a small open economy, basically we are like a harbinger," Selena Ling, head of treasury research ... ( read original story ...)
Singapore central bank stands pat despite GDP slump, markets bet on more easing
SINGAPORE (Reuters) - Singapore's central bank on Friday held ... Swissco Holdings LTD and Rickmers Maritime. Even the financial industry, which has put the tiny 51-year-old island city on the global map, is under pressure as its once-booming private ... ( read original story ...)