Singapore’s Finance Minister Heng Swee Keat outlined a set of targeted measures in his budget speech to help the struggling oil industry and spur construction. The government will bring forward S$700 million ($494 million) worth of infrastructure ... ( read original story ...)
This Company Is Ditching Interviews And Hiring 100 New Staff – Via A Hackathon
Today, Singapore bank DBS announced that it plans to ditch the resume-interview route and hire 100 developers from a coding challenge and hackathon. Following its mission to cement its position as a leading digital bank and reimagine how banking is done ... ( read original story ...)
Singapore’s hope of beating Hong Kong in IPOs is a pipe dream
Singapore’s effort to score the 2018 listing of state oil giant Saudi Aramco – expected to be the world’s biggest initial public offering – is the latest show of its ambition to develop an elite global exchange, but analysts say a lack of liquidity ... ( read original story ...)
Fitch Rates UOB's Basel III Tier 2 Subordinated Notes 'A+(EXP)'
Fitch Ratings has assigned Singapore-based United Overseas Bank Limited's (UOB) proposed Singapore dollar-denominated Basel III-compliant Tier 2 subordinated notes an expected rating of 'A+(EXP)'. The notes will be issued under the bank's SGD15bn Euro ... ( read original story ...)
Live Blog: Singapore Budget 2017
(Photo by Suhaimi Abdullah/Getty Images) Singapore Finance Minister Heng Swee Keat is to deliver his second Budget Statement in Parliament today (Monday, 20 Feb) at 3:30pm. The budget for fiscal year 2017, which starts from April to March, will address the ... ( read original story ...)
Finance companies' shares soar on new relaxed rules
Singapore's three finance companies are sleepy no more. The prices of all three rocketed as much as 32 per cent the past two days from Monday after the Monetary Authority of Singapore said it was relaxing rules on finance companies to spur them to ... ( read original story ...)
Monetary Authority of Singapore makes loans and VC licensing easier, but will it help travel startups?
The Monetary Authority of Singapore (MAS) has opted to relax current rules regarding how finance companies provide loans to SMEs and startups. At the moment, a finance company faces a cap of 10% of capital funds for total uncollateralised lending ... ( read original story ...)
'Lack of clarity' on Trump a risk to growth: Singapore
Singapore's trade-driven economy rose faster than thought in 2016 but concerns over a "lack of clarity" on US President Donald Trump's policies could hit growth this year, the government said Friday. The economy expanded 2.0 percent in 2016, powered by a ... ( read original story ...)
Rivals Singapore and Hong Kong Fight to Snag the Hottest IPOs
Hong Kong and Singapore are at it again. The Asian financial hub rivals are reviving a debate on dual-class shares as global competition for the hottest initial public offerings intensifies. Singapore is a few steps ahead. Prime Minister Lee Hsien Loong ... ( read original story ...)
FARE ALERT: Amazing Singapore Airlines Business Class to Europe or Asia for Less Than $2000 Roundtrip
American Express, Citibank, Chase, and other banks are advertising partners ... And here may be the best recent deal yet: Singapore Airlines is running a business class sale, and it’s a really really good one with prices starting under $2000 roundtrip. ( read original story ...)
Singapore UOB’s Q4 profit falls 6% in 2016
SINGAPORE: United Overseas Bank (UOB) beat expectations in the fourth quarter, thanks to its capacity to limit damage from souring loans to the beleaguered oil and gas sector. Net profit for the three months to Dec 31 was down 6.2 per cent from a year ... ( read original story ...)
Your HSBC Singapore Rugby 7s ticket may win you a Harley-Davidson
SINGAPORE — Anyone who has bought a ticket to the HSBC Singapore Rugby 7s now has a chance to ride away with a custom Harley-Davison Roadster decorated with a “made in Singapore” artwork. This comes after the iconic motorcycle manufacturer announced ... ( read original story ...)
Singapore, Hong Kong restart dual-class push as rivals snag IPOs
Singapore is a few steps ahead. Prime Minister Lee Hsien Loong last week gave his approval to dual-class shares and other measures proposed by a panel to drive economic growth. The city-state’s stock exchange yesterday started a public consultation, a ... ( read original story ...)
UPDATE 1-Singapore kicks off public consultation on dual-class share structures
Worried about its competitiveness as an IPO destination, Singapore has moved to re-examine its position on dual-class shares, and last year SGX's Listings Advisory Committee gave the stock exchange the green light to allow companies to list with such ... ( read original story ...)
Don’t Say Bojio: 1-For-1 Admission Tickets to S’pore Zoo, Night Safari and More For PAssion POSB Cardmembers(From 10 Feb)
Wildlife Reserves Singapore (Jurong Bird Park, River Safari, Night Safari or Singapore Zoo) Madame Tussauds Singapore Singapore Cable Car The Polliwogs MOSH! What’s more, you’ll get an exclusive offer on Sentosa Islander Membership. Simply download the ... ( read original story ...)
10 Valentine's Day Dinner Deals In Singapore That Won't Deplete Your Angpao Money
For the month of February, DBS/POSB cardmembers enjoy additional savings with 10% ... This V-Day, enjoy a taste of the freshest seafood right smack next to the Singapore River. Make your dinner special with their Valentine’s signature, the decadent ... ( read original story ...)