Small savers flock to Singapore Savings Bond

This is on top of options such as the ATMs of DBS/POSB, OCBC and UOB, and the internet banking portal of DBS/POSB. Aditya Gupta, head of e-business Singapore, OCBC Bank said: "With many customers now banking on their phones, we want to offer them the ... ( read original story ...)

Bank of Singapore: Trump Trade Turning Into Trump Fade

Feb.01 -- Sim Moh Siong, executive director and FX strategist at Bank of Singapore, discusses the U.S. dollar, the impact of Donald Trump's policies on markets and the strengthening euro. He speaks to Bloomberg's Rishaad Salamat on "Bloomberg Markets." ( read original story ...)

What does this year hold for Singapore dollar?

With regards to the Monetary Authority of Singapore (MAS), BMI pointed out that Singapore's central bank will likely keep its Singapore dollar policy on hold at its bi-annual meeting in April 2017 as growth and inflation remain within the monetary ... ( read original story ...)

Samsung in talks with Japan's Murata for S8 batteries – Nikkei

(Reuters) - Samsung Electronics Co Ltd is discussing a supply deal with Japan's Murata Manufacturing for batteries for its Galaxy S8 smartphones, the Nikkei business daily reported. The Galaxy S8 will replace Samsung's Galaxy Note 7, which was recalled ... ( read original story ...)

LG Electronics posts 2016 operating profit of $1.2 billion

SEOUL (Reuters) - South Korea's LG Electronics Inc reported on Tuesday a 2016 operating profit of 1.34 trillion won ($1.15 billion), up 12 percent from the previous year. In the fourth quarter, the company swung to an operating loss of 35 billion won ... ( read original story ...)

Singapore sees little growth in investment this year

Singapore sees little growth in fixed-asset investments this year after commitments fell to the lowest level since at least 2007, the Economic Development Board said. Capital investment in facilities and equipment planned over the next five years stood at ... ( read original story ...)

2017 investments likely to remain similar to last year's: EDB

Highlighting uncertainties stemming from events such as elections in Europe as well as proposed policies from US President Donald Trump that could shape the operating environment, EDB's chairman, Beh Swan Gin, said the good news for Singapore is that its ... ( read original story ...)