The second Digital Economy Agreement for Singapore, the Australian pact covers several areas of cooperation including cross-border data flow, digital payments, e-commerce, artificial intelligence, and ... ( read original story ...)
Singapore’s United Overseas Bank H1 Profit Down, Declares Dividend; Stock Up
(RTTNews) - Singapore-based United Overseas Bank Ltd. or UOB Group (UOVEF.PK, UOVEY.PK) reported Thursday that second-quarter net earnings fell 40 percent to S$703 million from S$1.17 billion last ... ( read original story ...)
Singapore fuel oil stocks rise as exports crash, imports from Malaysia and Bahamas hit record highs
Singapore's residual fuel oil inventories climbed 3% in the week to Aug. 5 as export volumes plummeted to a near four-month low, official data showed on Thursday. Onshore fuel oil stocks rose 642,000 ... ( read original story ...)
Spurring digitalisation in Singapore’s tourism sector
The Singapore Tourism Board has developed a digital pass and an analytics service, among other initiatives, to digitalise the city-state’s embattled tourism industry ... ( read original story ...)
Singapore Exchange Regulator Seeks More Power to Sanction Firms
Singapore Exchange Ltd.’s regulatory arm wants to beef up its enforcement powers, as it seeks to deter wrongdoing at a time when companies face financial pressure from the coronavirus pandemic. ( read original story ...)
AREIT IPO 2x oversubscribed
Ayala Land Inc. reported that its subsidiary AREIT, Inc., the first Philippine real estate investment trust, has completed its P12.34 billion initial public offering with shares two times ... ( read original story ...)
Singapore’s HDB resale volume in July highest in two years
The number of Housing Board flat resale transactions continued to remain high in July, with prices creeping up, according to flash data released by real estate portal SRX Property on Thursday (Aug 6). ( read original story ...)
Sula Vineyards to export wines to Singapore, tap other South-East Asian markets
Nashik-based Sula Vineyards will begin exporting to Singapore to expand its presence in the South-East Asian wine market. "Singapore is a thriving wine hub. The Singaporean consumer now has the choice ... ( read original story ...)
AREIT completes landmark IPO, 2x oversubscribed
The country’s first real estate trust (REIT), Ayala Land-backed AREIT Inc., has completed its P12.33 billion initial public offering (IPO), ushering in a dividend-yielding new asset class which ... ( read original story ...)
DBS is ‘best positioned’ among Singapore’s banks amid headwinds: CreditSights
DBS has "far more diversified" revenue streams compared to its competitors in Singapore, says Pramod Shenoi of CreditSights. He also discusses the Monetary Authority of Singapore's latest dividend ... ( read original story ...)
Six companies qualify for Pakistan LNG import tender
Six companies have technically qualified for an import tender by Pakistan LNG to buy two cargoes of liquefied natural gas (LNG) for delivery in September, according to a notice on the company’s ... ( read original story ...)
MATRIXX Software Wins Gold Stevie® Award for Work with giga!, Singapore’s First and Only All-Digital Mobile Service
MATRIXX Software Wins Gold Stevie® Award for Work with giga!, Singapore’s First and Only All-Digital Mobile Service ... ( read original story ...)
India’s Sula Vineyards to export its wines to Singapore, gateway to Southeast Asian wine market
Rajeev Samant, founder and CEO of Sula Vineyards, said, “Singapore is a thriving wine hub. The Singaporean consumer now has the choice of experiencing robust flavours of our wines.” ... ( read original story ...)
Singapore Banks Post Profit Declines on Mounting Provisions
DBS Group Holdings Ltd. and United Overseas Bank Ltd. posted second straight profit declines after setting aside more provisions for loan losses during the pandemic-fueled recession. ( read original story ...)
Singapore’s largest bank reports 22% fall in quarterly profit as it guards against pandemic-induced risks
Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 ... ( read original story ...)
Singapore’s DBS Second-Quarter Profit Beats Estimates as Business Picks Up
Singapore's DBS Group Holdings reported a 22% fall in second-quarter net profit on Thursday after shoring up loan loss allowances in a pandemic-hit market, but its profit came just above market ... ( read original story ...)