BEIJING - China said on Monday it had lodged a protest with Singapore after Singaporean armoured troop carriers were seized by Hong Kong customs en route back from Taiwan, as a state-owned newspaper warned against Singapore's "hypocrisy". The nine troop ... ( read original story ...)
Singapore tops Asia's built asset performance index
Returns per capita from infrastructure and buildings was valued at $51,097. Singapore generates the highest built asset income per person in Asia, at US$35,900 ($51,097) per capita, followed by Hong Kong at US$21,400 ($30,459), according to the Global ... ( read original story ...)
Chinese paper warns Singapore military 'hypocrisy' could harm relations
BEIJING The Global Times, China's nationalist state-owned tabloid, has warned that Singapore's "hypocrisy" over its military relationship with Taiwan could harm bilateral relations with China, according to an op-ed published on Monday. Nine Singaporean ... ( read original story ...)
Singapore: A top spot for Middle Eastern travelers
A bridge between East and West for the last several centuries, Singapore is synonymous with both rich traditions and modernity – all of which make it a favored destination for many. With its colorful ethnic areas and modern business centers, and lush ... ( read original story ...)
Singapore's manufacturing output up 1.2% in October
Electronics sector surged 24.6%. Singapore’s manufacturing output increased 1.2% in October 2016, data from Economic Development Board of Singapore show. Excluding biomedical manufacturing, output fell 1.4%. On a seasonally adjusted month-on-month basis ... ( read original story ...)
Standard Chartered to cut 10 percent of corporate, institutional banking staff: sources
SINGAPORE/HONG KONG Standard Chartered (STAN.L) is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter told Reuters on Monday, as the bank keeps up an aggressive drive to cut costs. ( read original story ...)
11 Things You'll Only Learn From Going Through The Singapore Army
As in a real man, not one who blindly follow orders. To help you along, POSB has designed a special savings programme for NSFs - Save As You Serve (SAYS) scheme. POSB SAYS allows you to decide on the amount to save monthly - even an amount as little as S$ ... ( read original ...
Barclays Wealth Units Priced Below Estimate in Sale to OCBC
The final price is based on 1.75 percent of the $13 billion of Barclays assets transferred to Bank of Singapore, OCBC’s private-banking arm, the Singaporean lender said Monday in an exchange filing. OCBC had given an indicative price of $320 million in ... ( read original story ...)
Singapore Customs seize 5,000 bags of counterfeit rice
SINGAPORE: More than 5,000 bags of counterfeit rice imported from India were seized, Singapore Customs said on Friday. The owner of the Singapore-registered trademark, who suspected that the imported rice infringed its trademark, had reported the shipment ... ( read original story ...)
Singapore govt slashes economic growth, exports forecasts for 2016
SINGAPORE: Singapore’s government slashed its economic growth and exports forecasts for 2016 after the economy contracted in the third quarter, reinforcing the risk of a recession amid fresh uncertainty around global trade under US President-elect Donald ... ( read original story ...)
Stocks to watch: OCBC, Keppel Corp, Swissco, Rickmers Maritime
OCBC Bank: Bank of Singapore (BOS), the private banking unit of OCBC Bank, has completed the acquisition of the wealth and investment management (WIM) businesses of Barclays plc in Singapore and Hong Kong for a lower price than stated earlier. BOS ... ( read original story ...)
Bank of Singapore completes acquisition of Barclays' investment business
It acquired the business for a lower price. OCBC's private banking unit Bank of Singapore has recently completed the acquisition of the wealth and investment management (WIM) businesses of Barclays in Singapore and Hong Kong for a lower price than what was ... ( read original story ...)
Singapore's central bank provides infrastructure to drive innovation
MAS shares its initiatives on enabling innovation such as publishing APIs and testing the feasibility of using blockchain for inter-bank payments. The Monetary Authority of Singapore (MAS) recently announced that it will facilitating the infrastructure ... ( read original story ...)
Wireless sensor technology to help keep an eye on elderly residents
SINGAPORE: A pilot trial for wireless sensor technology has been launched in two HDB studio apartments to track elderly residents' movements. The new technology has sensors that can detect movements as well as track sleeping patterns such as snoring and ... ( read original story ...)
Singapore extends loans to troubled oil-linked companies
They can now borrow for up to $5m. The Ministry of Trade and Industry announced the enhancement to IE Singapore’s Internationalisation Finance Scheme (IFS) and the reintroduction of SPRING’s Bridging Loan (BL) for companies in the Marine and Offshore ... ( read original story ...)
Black Friday Singapore 2016: Biggest deals and offers you cannot miss
Black Friday, the biggest bargain hunting festival returns to Singapore on 25 November as traders bring in ... and Warehouse, while DBD/POSB cardholders enjoy 30% off for both regular priced and sale items at these brand outlets on all online purchases. ( read original story ...)