SINGAPORE: The Development Bank of Singapore (DBS) expects policy fine-tuning from the Indian government -- on the lines of the Goods and Services Tax (GST) -- in coming weeks. According to DBS, incoming high-frequency data are likely to improve. ( read original story ...)
DBS sees more policy fine-tuning from govt in weeks ahead
The index of industrial production for August -- due this week -- is poised to extend gains from July's 1.2 percent, said DBS in its daily economic report on Monday. Singapore: The Development Bank of Singapore (DBS) expects policy fine-tuning from the ... ( read original story ...)
Keppel acquires 50% stake in manager of upcoming US IPO
Keppel Corporation Limited acquired 50% of Keppel-KBS US REIT Management Pte Ltd (Keppel-KBS US REIT Manager), the manager of the pending initial public offering (IPO) of Keppel-KBS US REIT in the Singapore Exchange (SGX). According to a press release ... ( read original story ...)
Garena Gaming Platform Owner Aims to Raise $696 Million in IPO
The Singapore-based company, formerly called Garena, is marketing 49.7 million American depositary shares for $12 to $14 apiece, according to a regulatory filing Friday. Sea was founded by Chinese-born entrepreneur Forrest Li, now a Singapore citizen ... ( read original story ...)
S’porean woman warns of buyer scammer on Gumtree who faked bank transfer
And if you happen to use the Gumtree website, one of Singapore’s more active online classified ads ... Bennet then enacted the next part of his scam, saying that he had made the payment to CitiBank and asked for the phone to be shipped out. ( read original story ...)
3 Companies That Bought Back Their Shares Last Week
Singapore Post Limited (SGX ... Oversea-Chinese Banking Corporation Limited(SGX: O39) Oversea-Chinese Banking Corporation, or OCBC for short, is the longest established local bank and is the second largest financial services group in Southeast Asia ... ( read original story ...)
Daily Markets Briefing: STI up 0.9%
The index was up 1.19% for the week. "The muted performances on Wall Street Friday are unlikely to provide much of a boost to the local course today," OCBC said. More From Singapore Business Review ( read original story ...)
Mandarin Orchard Singapore Named Best City Hotel in Singapore at the 28th Annual TTG Travel Awards
SINGAPORE, Oct. 9, 2017 /PRNewswire/ -- Meritus Hotels & Resorts' flagship Mandarin Orchard Singapore emerged "Best City Hotel -- Singapore" under the Travel Supplier category at the recently concluded 28 th Annual TTG Travel Awards 2017. Organised by TTG ... ( read original story ...)
A serving of duck rice, and compassion on the side
They include businesses such as Sheng Siong Supermarket, McDonald’s, DBS Bank/POSB Bank, Maybank and transport operators ... so that everyone can play a role in creating a dementia-friendly Singapore, whether they are students, retirees, or people ... ( read original story ...)
PPATK looks into Standard Chartered suspicious transactions
Indonesia's financial authorities are investigating a report that Indonesians with ties to the Indonesian Military (TNI) had wired US$1.4 billion to accounts managed by the UK-based bank Standard Chartered ... $1.4 billion to Singapore from Guernsey ... ( read original story ...)
November 2017 Singapore Savings Bonds is 2.07%
Different people will have different reasons for buying Singapore Savings Bonds. As the current stock market is expensive and most REITs are yielding 6% or less, I find it non attractive to buy into the stock market right now. As such, I have treated the ... ( read original story ...)
OCBC Cycle: Introducing a nutritious alternative to aid recovery
The drink was one of two items prepared by the 16 people who participated in the workshop at the Singapore Sports Institute, part of the lead-up activities ahead of the Nov 18-19 OCBC Cycle. Last week, Lim completed the final session of OCBC Cycle's ... ( read original story ...)
Former IMF economist Taimur Baig joins DBS as chief economist
After a brief stint with the regulator- Singapore Monetary Authroity, former Deutsche Bank Asia economist and IMF economist Taimur Baig will join DBS Bank as Chief Economist and Managing Director for Group Research. Baig has close to 20 years’ experience ... ( read original story ...)
Banking sector must contribute to environmental protection: WWF
“Sustainable banking in ASEAN: addressing ASEAN’s forests, landscapes, climate, water and societies (FLAWS)” by the WWF and the National University of Singapore’s Business School’s Centre for Governance, Institutions and Organisations ... ( read original story ...)
The Centre for Finance, Technology & Entrepreneurship Preps Online Fintech Course
Singapore is described as the leading Fintech hub in Asia ... is Fintech innovation is a global phenomena that knows few boundaries outside of regulatory hurdles. Finance 2.0 will create many new job opportunities as CFTE’s Co-founder, Tram Anh Nguyen ... ( read original story ...)
Beware of lurking ‘opportunist’, warns man who lost $1k while answering call at Yishun ATM
While Stomper Roland’s son was preoccupied with a call, the $1,000 which he had just withdrawn from a POSB ATM machine was taken in a split second. The incident happened at Block 101 Yishun Ring Road on Friday (Oct 6) at around 12.35pm. When Roland’s ... ( read original story ...)