The first nine months of 2016 saw Singapore's onshore fuel oil stocks reach more than 4.1 million tonnes - a two-year high, IHS Fairplay reports. The increase is said to have been supported by decreased demand in Northern Europe, prompting Russia, the ... ( read original story ...)
Singapore’s maritime sector to boost with new lab aiming to cut fuel costs
SINGAPORE: A new research laboratory developing clean energy solutions promises to be a boost for Singapore’s maritime sector. The facility, which was launched on Wednesday (Dec 7), is located at Nanyang Technological University (NTU), with offshore ... ( read original story ...)
Singapore turns up the fintech heat
Businesses explain why Singapore seems to take the lead over HK. According to Bloomberg, tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology ... ( read original story ...)
Singapore is well-positioned to weather global trade shocks: Moody's
Its economic, fiscal and financial buffers often surpass those of AAA-rated peers. Moody's said in a report that its outlook for Singapore's Aaa rating is stable as it expects the government's prudent policies and sound financial position to support the ... ( read original story ...)
Singapore named the most ideal IT hub in Asia
Nearly 9 in 10 businesses in the city said so. Singapore, Hong Kong and Shanghai are identified as the top three cities as ideal IT hubs in Asia, according to a survey conducted by IDG Connect. According to IDG Connect, current location has a huge bearing ... ( read original story ...)
Online Betting in Singapore: What Is Legal and What Isn’t?
In 2014, the long arm of the law decided to outlaw online gambling. But this year, they’ve decided to legalise it—but only for local operators Singapore Pools and Singapore Turf Club, in an attempt to get a slice of that sweet, sweet money from online ... ( read original story ...)
Another trading disruption at Singapore's exchange frustrates investors
SINGAPORE (Reuters) - The Singapore exchange on Thursday suffered its second trading disruption in five months, with the frequency of the stoppages frustrating investors even as authorities try to revitalise the bourse in one of Asia's major financial hubs ... ( read original story ...)
Singapore stresses under a wealth of worries
HONG KONG - Morale in Singapore is at rock bottom. The tiny Southeast Asian nation has worked hard in the 51 years since its birth to establish an outsize voice on the global stage. Now the city's economy is in the doldrums and its influence is in question ... ( read original story ...)
Singapore healthcare providers hinge growth on overseas expansion
This is a trend that is not only unique in Singapore but also holds through across Asia, observes OCBC Investment Research. "While the competition for local patients is offset by the dependence on foreign patients that visit private hospitals, we ... ( read original story ...)
DBS share price soars as interest rate picks up
But, there are many companies that have delivered a better performance in the same period. One such company is DBS Group Holdings Ltd (SGX:D05), Singapore’s largest bank by assets. At the closing price of S$17.97 yesterday, DBS’s share price is up by 8 ... ( read original story ...)
Singapore students outshine in global education ranking
1 in 4 achieves the pinnacle in Science. Singapore outperforms the rest of the world in the OECD’s latest PISA survey, which evaluates the quality, equity and efficiency of school systems. The top OECD countries were Japan, Estonia, Finland and Canada. ( read original story ...)
Singapore tourist arrivals could grow 2-3% next year
It could only hit 16.5m-16.9m on lack of major events. Tourist arrival into Singapore had a good run of 11% yoy growth up to Aug 16, and likely to hit16.2m-16.5m tourists, said CIMB. Going into 2017, the research house expects a moderate growth of 2-3% or ... ( read original story ...)
Singapore’s ATF Launches With Multimedia Writing Initiatives
SINGAPORE – Singapore’s Infocomm Media Development Authority (IMDA) is launching a WritersLab program in association with the Lasalle College of the Arts’ Puttnam School of Film & Animation. The move is in keeping with the ‘Content on every screen ... ( read original story ...)
Singapore top of the class in the OECD's global education survey
Singapore has come top of the class in the Organisation for Economic Co-operation and Development's (OECD) latest global education survey, with the Asian city-state's students the highest performing in tests on basic academic skills. Japan came in second ... ( read original story ...)
Malaysia exports declined 8.6% in October
Exports to ASEAN4 fell 5.1% (share: 25%) amid declines in exports to Singapore (-7.5%; share 13.9%) and Thailand (-8.9%; share 5.4%). This was offset by higher exports to Philippines (8.5%; share 1.8%) and Indonesia (5.4%; share 3.3%). Exports to CLMV grew ... ( read original story ...)
DBS and POSB customers can now get cash from SPH Buzz newsstands
SINGAPORE - DBS and POSB customers now have 60 new places where they can get cash, with the addition of SPH Buzz newsstand outlets to the POSB Cash-Point network. The POSB Cash-Point service lets customers withdraw up cash in $10 multiples, with any item ... ( read original story ...)