A number of Chinese companies have already chosen Singapore as their bases for venturing overseas, mainly to Southeast Asian markets. OneConnect Financial Technology Singapore Co. Ltd, a member of ... ( read original story ...)
This is Singapore’s plan to avoid running out of water
It is testing smart water meters that use wireless technology and immediately detect excessive usage or leaks. And it invested in five wastewater recycling plants that now provide 40% of Singapore's ... ( read original story ...)
Biosensors widens medical technology influence to save lives
“The clinical trial in Singapore showcases the proven superior safety and ... “More than underscoring technology, we also emphasise the human side through our values, heritage and our clients’ ... ( read original story ...)
TPV Technology heading for privatisation by scheme of arrangement
SINGAPORE - CEIEC (HK) Limited, and parties acting in concert with it, are proposing to take mainboard-listed electronics company TPV Technology private through a scheme of arrangement. Electrical ... ( read original story ...)
How Hong Kong is catching up to Singapore in urban farming tech
"Singapore has quite aggressive targets ... Causeway Bay operation for research and development and a base in Cyberport to develop the mobile farm technology. Beyond the hydroponic technology, Mak ... ( read original story ...)
Singapore is heading for a recession. The trade war is hurting
Hong Kong (CNN Business)Singapore could be heading for a recession after it reported a big drop in economic activity in the second quarter of the year. The wealthy city state is being hurt by the ... ( read original story ...)
UOB Kay Hian reports 22% drop in 2Q earnings to $15.6 mil on lower trading volume
SINGAPORE (Aug 13): Brokerage house UOB Kay Hian posted 2Q19 earnings of $15.6 million, a 22.4% fall from $20.1 million for the same quarter last year. This was due primarily to lower q-o-q trading ... ( read original story ...)
Singapore cuts growth forecast to almost zero
outlook for the city-state has darkened considerably in recent months as the US and China, its two biggest trading partners, continue to spar over trade Singapore's central business district skyline. ( read original story ...)
Singapore slashes 2019 GDP forecast as global risks expand
Singapore has been hit hard by the Sino-U.S. trade war, which has disrupted world supply chains in a blow to business investment and corporate profits. "Obviously, it feels like the storm is coming if ... ( read original story ...)
Singapore: Downbeat growth assessment – Standard Chartered
Analysts at Standard Chartered notes that Singapore’s final Q2 GDP print expanded by 0.1% y/y (-3.3% q/q SAAR), broadly unchanged from the advance print of 0.1% y/y (-3.4% q/q SAAR). “H1-2019 growth ... ( read original story ...)
Singapore slashes 2019 GDP growth forecast after sharp second-quarter contraction
SINGAPORE (Reuters) - Singapore slashed its full-year economic growth forecast on Tuesday, as global conditions were seen worsening and final second quarter data showed the economy shrank 3.3% on the ... ( read original story ...)
Singapore economy tipped for recession as US-China trade war slams imports, exports, manufacturing
Singapore’s economy has been tipped to enter recession in the third quarter of 2019 as the fallout from the US-China trade war continues to rock the Southeast Asian nation after second quarter growth ... ( read original story ...)
DBS exec: Hong Kong fund flows to Singapore are “overstated”
Singapore — Because of the ongoing political unrest, are the rich folks of Hong Kong really flocking to Singapore? DBS claims otherwise. In an interview with CNBC, DBS chief executive Piyush Gupta ... ( read original story ...)
5 Important Insights DBS Group’s CEO Told Analysts
In DBS’s latest earnings brief, it was no different, with Mr. Gupta once again delivering useful insights. Here are five key things he told analysts. In response to a question on the impact of ... ( read original story ...)
3 Singapore Blue Chips to Enjoy a Secure Retirement
Singapore’s largest bank, DBS Group Holdings Ltd (SGX: D05), is the first company on my list. On top of our city-state, the bank has operations in Hong Kong, China, Taiwan, India, and Indonesia. Being ... ( read original story ...)
Genting Singapore may shell out $1b in FY2019 capex: analyst
As Genting Singapore undertakes $4.5b revitalisation project of Resort World Sentosa, the company may incur around $800m-$1b in related land acquisition costs, according to DBS Equity Research which ... ( read original story ...)