Tag: news

SINGAPORE — Singapore and the United States on Friday (31 May) agreed to renew a long-standing agreement for the US’ use of military facilities in Singapore. The Memorandum of Understanding (MOU), ... ( read original story ...)

during which the two reaffirmed the "excellent and long-standing bilateral defence relations" between Singapore and the United States, according to a Ministry of Defence (MINDEF) news release. The ... ( read original story ...)

(Bloomberg) -- United Overseas Bank Ltd.’s chief executive officer said he is comfortable going outside his family for a successor to run the lender his grandfather founded more than eight decades ago ... ( read original story ...)

Singapore this month joined the rapidly growing list of countries seeking to shield their citizens from harmful content online by passing anti-fake news legislation. While critics have focused on the ... ( read original story ...)

SINGAPORE (Reuters) - Singapore, the tiny Southeast Asian city-state, is an unlikely place for a farming revolution. With tiered fish farms, vegetable plots atop office buildings and lab-grown shrimp, ... ( read original story ...)

WASHINGTON: The United States on Tuesday (May 28) added Singapore and Malaysia to a watchlist of trading partners for currency practices, citing both countries' foreign exchange intervention ... ( read original story ...)

(Bloomberg) - United Overseas Bank Ltd. is betting Southeast Asia will shield it from the escalating trade war between the U.S. and China, distancing itself from the approach of its two main rivals ... ( read original story ...)

(Bloomberg) -- Singapore made the U.S. Treasury’s watchlist for currency manipulation for the first time, throwing a spotlight on its exchange rate policies. Load Error The U.S. uses three criteria to ... ( read original story ...)

SINGAPORE, May 29 (Reuters) - The Monetary Authority of Singapore said on Wednesday it does not manipulate its currency for export advantage, after the U.S. Treasury flagged the city-state as one of ... ( read original story ...)

(Bloomberg) -- The U.S. Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny. Singapore made the list because ... ( read original story ...)

HONG KONG (Reuters) - HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe’s biggest lender by assets sharpening its focus on ... ( read original story ...)

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore leapfrogged Hong Kong and the U.S. to take the top spot among the world’s most competitive economies for ... ( read original story ...)

Vietnam’s economy could be bigger than Singapore’s by 2029, says DBS Bank Ltd. The Southeast Asian nation has the potential to grow at a pace of about 6%-6.5% over the next decade, DBS forecasts, ... ( read original story ...)

Ravi Menon will remain in his post as managing director of Singapore’s central bank for another term, according to people with knowledge of the matter. Menon’s two-year term at the Monetary Authority ... ( read original story ...)

(Bloomberg) -- Ravi Menon’s term as managing director of the Monetary Authority of Singapore was extended for another two years, providing stability at the central bank at a time of growing economic ... ( read original story ...)

(Bloomberg) -- Trax, a Singapore-based startup serving the retail industry, is finalizing a deal to raise $100 million at a pre-money valuation of about $1.1 billion, a price tag that could make it ... ( read original story ...)