SINGAPORE, March 28, 2017 /PRNewswire/ -- As one of the world's most known and talked about student robot competition, this year's RoboCup Singapore was a bit different than before, with the presence of Dobot's robotic arm and its newly developed mobility ... ( read original story ...)
Singapore's current account surplus projected to hit $80.3b in 2017
That’s equivalent to 19.2% of GDP. According to RHB Research, Singapore recorded a balance of payments deficit of S$3.9b in 4Q16, recoiling from its S$5.4b surplus achieved the quarter before. “Current account surplus decreased to S$18.1b, from S$22.8b ... ( read original story ...)
Singapore not ready for 'radical' IPOs like Snap, says local exchange
Snap's controversial "no vote" shares have spurred a debate over the merits of dual-class stocks, and the Singapore Exchange (SGX) — which is striving to become the first Asian market to allow such a structure — said it would not consider a listing as ... ( read original story ...)
These 2 REITs Have the Highest Yields In Singapore’s Stock Market Right Now
Where can investors find stocks that have high dividend yields and carry relatively low risks? My suggestion would be real estate investment trusts, also known popularly as REITs. Of course, not every REIT is a good investment. To start my search for REITs ... ( read original story ...)
How Kimly brewed its way to Singapore's first 'kopi-o IPO'
Even if you're not one to dabble in stocks, the recent IPO by coffeeshop operator Kimly Limited would have definitely caught your attention. With an offer of 173.8 million new shares at 25 cents each, the group was expected to have a market value of $288.7 ... ( read original story ...)
How Traditional Coffeeshop Operator Kimly Brewed Its Way To Singapore's First “Kopi-O IPO”
Even if you’re not one to dabble in stocks, the recent IPO by coffeeshop operator Kimly Limited would have definitely caught your attention. With an offer of 173.8 million new shares at 25 cents each, the group was expected to have a market value of $288 ... ( read original story ...)
Singapore, Vietnam ink slew of MOUs in banking and infrastructure
HANOI: Singapore and Vietnam ramped up their business ties, signing off on a string of new collaborations in banking, power generation and infrastructure on the third day of an official visit by Singapore Prime Minister Lee Hsien Loong. At a joint news ... ( read original story ...)
Canada’s trade agency launches first global branch in Singapore
Canada’s trade finance agency is launching its first global branch in Singapore as the country steps up efforts to boost business ties with Asia following the withdrawal of the United States from the Trans-Pacific Partnership (TPP) trade deal. ( read original story ...)
Singapore’s Carro lands $12M to expand its auto listings business to vehicle financing
Still, the option to fall back and develop a Facebook bot is there in the future. At this point, Genie Finance is limited to Singapore but Tan said it is likely to roll out to Indonesia and Thailand over the coming months. The company has also introduced ... ( read original story ...)
The Singapore Stock Market’s Near A 52-Week High: Here Are 9 Things Investors Should Keep In Mind – No.1 to No.4
It may seem like a distant memory now, but stock markets around the world – Singapore’s included – began trading in 2016 with ample fear and anxiety. Many market indexes ended up falling between 10% and 20% in the first few weeks of 2016. Fast ... ( read original story ...)
The Singapore Stock Market’s Near A 52-Week High: Here Are 9 Things Investors Should Keep In Mind – No.5 to No.9
It may seem like a distant memory now, but stock markets around the world – Singapore’s included – began trading in 2016 with ample fear and anxiety. Many market indexes ended up falling between 10% and 20% in the first few weeks of 2016. Fast ... ( read original story ...)
Singapore’s stock market rally slammed by oil and gas woes
The S&P 500 index slid for a third day, dragged by financial (-0.9%) and utility (-0.68%) sectors. Market sentiment has been weighed by news that the FBI is probing possible ties between Russia and Donald Trump’s presidential campaign, according to FBI ... ( read original story ...)
Singapore Bank Stocks: More Oil Pain to Come?
DBS is Maybank Kim Eng’s preferred pick within its Singapore banks coverage despite having the largest exposure to Ezra Holding, the Singaporean oil & gas services company which has filed for U.S. bankruptcy. Maybank Kim Eng has a hold rating DBS with a ... ( read original story ...)
Singapore banks’ exposures Ezra ‘lower than expected’
SINGAPORE (March 20): UOB KayHian says it is keeping to its conservative 2017 earnings forecast for Singapore’s banking sector, which is 6% below consensus estimates for DBS and 7% below consensus estimate for OCBC. This comes after factoring the banks ... ( read original story ...)
Singapore Bans Ex-Bankers Linked to 1MDB From Working in Financial Sector
SINGAPORE—Singapore’s central bank said it has banned a former director of Goldman Sachs Group Inc.’s local branch from operating in the financial sector and plans to ban three more people from other banks, following investigations linking them to ... ( read original story ...)
Singapore banks, energy services stocks wobble following Ezra bankruptcy filing
Ezra has $1.5bn of total liabilities, with Singapore lender DBS facing the single biggest hit, with loans to Ezra of $272m. The bank said on Monday morning via a spokesman: Our exposures to Ezra Holdings were moved to non performing in the third quarter ... ( read original story ...)