Ex-Forex Traders in Singapore Get Jail Time for Cheating Banks

Former HSBC senior dealer Ivan Chng was sentenced to 15 weeks in jail, Singapore High Court Justice See Kee Oon said on Wednesday. Ex-Deutsche Bank trader Toh Hway Khuan was given an eight-week sentence. Neither man was fined. The two were convicted in ... ( read original story ...)

CII signs MoU with SBF, IE Singapore

In a first between the business institutions of India and Singapore, the Confederation of Indian Industry (CII) has entered into a Technology Partnership memorandum of understanding (MoU) with two agencies of Singapore in order to promote expertise for ... ( read original story ...)

Singapore to levy SE Asia's first carbon tax

Singapore plans to implement Southeast Asia’s first carbon tax by 2019, a move that would raise energy costs in the island nation and require more than 30 big polluters such as power plants to pay the levy. The proposal would charge between S$10 (US$7 ... ( read original story ...)

Singapore Morning News Roundup For February 22

Welcome to the Singapore morning news roundup by AEC News Today, your one stop for Singapore news on matters of governance and policies affecting Asean business communities. According to the Singapore Tourism Board (STB), Singapore’s business events ... ( read original story ...)

Singapore to raise water rates by 30 per cent

Singapore's finance minister has announced a rise in domestic water prices of 30 per cent over the next two years, citing the cost of desalination and water reuse. “We have priced water to reflect the higher costs of desalination and NEWater production ... ( read original story ...)

Singapore industrial output seen contracting 2.6% in January

SINGAPORE: Singapore's industrial production in January is expected to have shrunk after a run of strong monthly rises, a Reuters poll showed, though analysts see the electronics sector extending its recent bounce. A Reuters poll of 12 analysts forecast ... ( read original story ...)

Singapore stocks end up 0.91 pct

SINGAPORE, Feb. 22 (Xinhua) -- Singapore shares closed 0.91 percent higher on Wednesday, after U.S. markets closed fresh record highs overnight. U.S. stock prices ended higher on Tuesday, lifted by strong earnings reports from Wal-Mart and Home Depot. The ... ( read original story ...)

Singapore Says Factors Backing Property Demand to Stay (Correct)

Singapore’s property demand remains "very resilient," supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said. “Our economy is still growing, so I think demand is still healthy and our ... ( read original story ...)