Singapore’s data centre rental market is tenant-favourable, says the 1H2017 Asia Pacific Data Centres Marketview report by CBRE Research. However, there has been less pressure on occupancy as supply eases, with only 18 megawatts (MW) of new deliveries in ... ( read original story ...)
50 Startups: Central Bank Director Touts Singapore as Blockchain Hub
A senior official for Singapore's de facto central bank says that as many as 50 startups in Singapore are working with blockchain. During a speech yesterday, Monetary Authority of Singapore (MAS) managing director Ravi Menon said that dozens of new ... ( read original story ...)
Sea IPO: Early Look At This Singapore Gaming Company Listing Stateside
Sea, the Singapore-based Internet company, announced its intention to list its stock under ticker SE on the NYSE. Sea began as a gaming company called Garena in 2009, but has since expanded to include ecommerce and digital payment services. Garena is the ... ( read original story ...)
Stanchart’s transfer of private banking assets to Singapore comes under MAS’ scrutiny
SINGAPORE - The transfer of US$1.4 billion (S$1.9 billion) of private bank client assets from the English Channel isle of Guernsey to Singapore before new tax transparency rules were introduced has come under the scrutiny of the Monetary Authority of ... ( read original story ...)
Heng Swee Keat to attend G-20 finance ministers, central bank governors meeting in Washington
SINGAPORE - Finance Minister Heng Swee Keat will be in Washington, DC, from Oct 11 to 13 to attend a meeting of Group of 20 (G-20) finance ministers and central bank governors. He will also attend the annual meetings of the World Bank Group and ... ( read original story ...)
Diamonds: A Singapore Bourse Calls Them Portfolio Must-Have
When it comes to havens, investors usually think of gold or Treasuries. Now an exchange in Singapore is starting to trade a credit card-sized package of diamonds for those seeking a shelter from global risks. While bullion trades in standard weights and ... ( read original story ...)
Owner of Garena gaming platform seeks up to $950m from IPO
South-east Asia's most valuable start-up Sea - known for its Garena gaming and shopping platform - aims to raise as much as US$696 million (S$949.6 million) in its United States initial public offering (IPO). The Singapore-based company, formerly called ... ( read original story ...)
Singapore aims to rival London and New York in debt restructuring
[cat_name] => Finance and Insurance [category_nicename] => finance-and-insurance [category_parent] => 54 ) ) Singapore authorities are trying to position the Southeast Asian republic as a debt restructuring centre on a par with London and New York ... ( read original story ...)
Amazon Faces Challenge From Malls, Alibaba in Singapore
As Amazon.com Inc. pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago. Delivery delays ... ( read original story ...)
OCBC, StarHub ink first bank-telco deal in Singapore
Finance Goliath OCBC Bank and telco giant StarHub announced that they will be investing S$6 million over the next year to establish partnerships in several industries and to boost better services and offerings for their customers. Marking the formation of ... ( read original story ...)
Renewed interest in Careers in Banking & Financial Services Among Local Millennials
Banking & Financial Services ... Managing Director of CareerBuilder Singapore. Other survey findings include: Prominent scholarship providers such as the Public Service Commission, the National University of Singapore and Nanyang Technology remains ... ( read original story ...)
OCBC Bank, StarHub form strategic partnership for tie-ups across multiple industries
SINGAPORE - OCBC Bank and infocommunications firm StarHub are investing S$6 million over 12 months "to build networks of partnerships across multiple industries and give customers better services, experiences and offers". OCBC group chief executive Samuel ... ( read original story ...)
StarHub, OCBC Bank invest $4.4M to link industries
Singapore’s second largest mobile operator StarHub and OCBC Bank formed a strategic alliance to drive the country’s collaborative economy, with plans to invest SGD6 million ($4.4 million) over 12 months to build networks of partnerships across multiple ... ( read original story ...)
Singapore stocks pause after logging best week in nine months
Singapore stocks edged lower on Monday as investors took a ... It ended 0.9 percent higher on Friday, taking the year-to-date performance to about 14 percent. United Overseas Bank gained 1.5 percent, Overseas-Chinese Banking Corp gained 0.1 percent and ... ( 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 ...)