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Posted on 17/07/2020

Singapore’s June Exports Jump at Faster Pace Than Forecast

Singapore’s exports rebounded in June at a faster rate than expected, mainly due to a surge in electronics and gold from a low base a year ago.Non-oil domestic exports jumped 16.1% from the same time ... ( read original story ...)

Posted on 16/07/2020

There is no large flow of funds from Hong Kong, Singapore central bank says

Ravi Menon, the MAS chief, says Hong Kong still has its attractions even though inquiries from businesses looking to come to Singapore are picking up. ( read original story ...)

Posted on 16/07/2020

OCBC offers SingPass access to its digital banking services

OCBC Bank customers in Singapore can now use their SingPass Mobile app to access digital banking services via the bank's mobile app or Internet banking.. Read more at straitstimes.com. ( read original story ...)

Posted on 16/07/2020

Deutsche Bank Asia CEO Picks Singapore in Snub to Hong Kong

Deutsche Bank AG new Asia chief executive officer will be based in Singapore, picking the city over Hong Kong at a volatile time for the Chinese territory. ( read original story ...)

Posted on 16/07/2020

SMIC scores mainland China’s biggest IPO in a decade

SMIC, valued at $31bn on Wednesday, will become one of the China’s top 50 most valuable public companies after the listing. It has already sold roughly half its placement to institutions, raising ... ( read original story ...)

Posted on 15/07/2020

Singapore Researchers Look to Intel Neuromorphic Computing to Help Enable Robots That ‘Feel’

National University of Singapore demonstrates the promise of event-based vision and touch sensing in combination with Intel’s neuromorphic processing. ( read original story ...)

Posted on 15/07/2020

Ex-bank exec gets 12 weeks’ jail for possession of obscene films, child pornography

During a police raid at the home of a former senior bank executive, DVDs and other electronic devices containing 245 obscene films were seized.. Read more at straitstimes.com. ( read original story ...)

Posted on 15/07/2020

Singapore’s Wavemaker Closes Third Venture Fund at $111 Million

(Bloomberg) -- Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million.The Singapore-based firm exceeded its initial target ... ( read original story ...)

Posted on 14/07/2020

More than 10,600 companies tap S$9.4b of loans through Enterprise Singapore over last 4 months: Chee Hong Tat

SINGAPORE: More than 10,600 companies have taken up loans ... work processes that are currently conducted manually by our colleagues (who are) doing admin, finance, all the way down to sales and ... ( read original story ...)

Posted on 14/07/2020

Singapore economy contracts 41% on quarterly basis

Singapore’s economy entered recession in the April-June quarter, contracting 12.6% from the same period a year earlier. Preliminary data reported Tuesday showed the ... ( read original story ...)

Posted on 14/07/2020

Singapore will need a fiscal cushion after disappointing GDP figures: Strategist

Mitul Kotecha of TD Securities discusses the outlook for Singapore's economy in light of disappointing second-quarter GDP figures. He says that despite some "silver linings", trade and tourism will ... ( read original story ...)

Posted on 14/07/2020

Singapore Paincare Holdings offers IPO shares at $0.22 apiece

Pain care management services provider Singapore Paincare Holdings (SPCH) will offer 24,246,000 placement shares at $0.22 apiece as it registers its IPO prospectus on Singapore Exchange (SGX), ... ( read original story ...)

Posted on 14/07/2020

Best Alternatives to Savings Accounts in Singapore (2020)

Ever since banks started reducing their deposit interest rates, we’ve started seeing a slew of non-traditional alternatives to savings accounts. Some popular ones you might have heard of are the ... ( read original story ...)

Posted on 13/07/2020

Singapore’s Version of a Political Shock Upends Old Playbook

Most political parties around the world would be thrilled to win 89% of seats in an election. Not in Singapore. ( read original story ...)

Posted on 13/07/2020

Pan Asia Metals – Planned IPO and Corporate Update

Subject to funding, PAM is currently preparing to drill at Target 2 with the aim of commencing drilling around the time of its IPO. Further information on PAM PAM is a private Singapore registered ... ( read original story ...)

Posted on 13/07/2020

Real estate, bank sectors in Singapore are still competitive, exchange says

Geoff Howie of the Singapore Exchange discusses the competitive outlook for the Straits Times Index and Singapore's banking and real estate sectors. Got a confidential news tip? We want to hear from ... ( read original story ...)

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