SINGAPORE (July 4): DBS Group Holdings (DBS), Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) have enjoyed a decades-long dominance of the banking market in Singapore. But a ... ( read original story ...)
Higher fixed deposit rates luring savers from Singapore Savings Bonds: DBS
SINGAPORE - Retail investors' interest in Singapore Savings Bonds (SSBs) has waned in recent months, likely due to competition from banks offering higher rates for fixed deposits, DBS Group Research ... ( read original story ...)
Manufacturing, electronics sectors continue decline
The electronics sector PMI shrank for an eighth consecutive quarter, coming in at 49.2, 0.2 points lower than in May. United Overseas Bank economist Barnabas Gan said the PMI number "reinforces our ... ( read original story ...)
Raheja to buy Citibank property in Mumbai’s BKC for Rs 400 crore
Among these were Interglobe Aviation’s property arm, Singapore’s GIC, Godrej Fund Management and ... among others and is a serious contender to float a real estate investment trust. Citibank had ... ( read original story ...)
Firm fined for illegally importing more than 2.5 tonnes of fresh vegetables from Malaysia
SINGAPORE: A company was fined S$7,500 on Wednesday (Jul 3) for illegally importing more than 2.5 tonnes of fresh vegetables from Malaysia, the Singapore Food Agency (SFA) said in a media release. In ... ( read original story ...)
Virtual banks could be bad news for small lenders in Singapore, Moody’s says
Singapore's decision to issue new digital bank licenses to non-banking companies will adversely affect smaller lenders in the sector as it will ramp up competition, ratings agency Moody's said in a ... ( read original story ...)
Tie-up enables ICBC customers in Singapore to use soCash app
Singapore to extend its services to ICBC customers, enabling them to perform basic banking services like cash withdrawal from neighbourhood shops using the soCash app. It adds ICBC to a list of ... ( read original story ...)
Exclusive: In blow to Singapore’s expansion, Malaysia bans sea sand exports
SINGAPORE/KUALA LUMPUR (Reuters) - Malaysia, Singapore’s biggest source for sea sand, has banned the export of the commodity, according to officials in Kuala Lumpur, a move that traders said could ... ( read original story ...)
Singapore Stock Market May Find Renewed Support
(RTTNews) - The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had stumbled more ... ( read original story ...)
More Singapore SMEs Are Able to Access Financing in 2018
kindly visit their webpage at https://smeloan.sg/blog/2018-sme-finance-accessibility-survey. As we cross the halfway mark in 2019, recent released economic data suggests that the overall macro view of ... ( read original story ...)
Singapore’s Wealth Fund Warns Markets Face Future of Low Returns
Singapore’s sovereign wealth fund GIC Pte expects the U.S.-China trade war, Brexit and over-hyped valuations in developed markets to weigh on returns in coming years. GIC, which released its annual ... ( read original story ...)
3 Singapore Companies to Invest in During the US-China Trade War
With that said, though, here are three Singapore companies investors can consider that could help soften the blow should tensions escalate. Singapore Telecommunications Limited, also known as ... ( read original story ...)
Can Singapore Technologies Engineering Ltd (SGX:S63) Maintain Its Strong Returns?
By way of learning-by-doing, we'll look at ROE to gain a better understanding of Singapore Technologies Engineering Ltd (SGX:S63). Our data shows Singapore Technologies Engineering has a return on ... ( read original story ...)
Malaysia MVNO offers free data roaming with Singapore debut
Malaysian mobile virtual network operator (MVNO) redONE has made its official debut in Singapore following a month-long pilot launch that kicked off in late-May. Its service plans start from S$8 a ... ( read original story ...)
Singapore wealth fund GIC warns of low returns amid trade war
SINGAPORE (Reuters) - Singapore sovereign wealth fund GIC Pte Ltd said it is now more cautious about the investing environment than it was last year and is bracing for low returns due to high ... ( read original story ...)
Belfast could be Singapore-style tax-free zone, says Johnson
Belfast could be turned into a Singapore-style tax-free zone under proposals being considered by Boris Johnson, the frontrunner to become the new prime minister. At a hustings in the Northern Ireland ... ( read original story ...)