PETALING JAYA: As Malaysia’s durian exporters eye a potentially huge market in China on the heels of a “Durian King Festival” scheduled in Nanning city from Nov 3 to 5, traders in Thailand and Singapore are worried about the impact it would have on ... ( read original story ...)
Singapore journalist probed for breaching import law after using drone in Myanmar
BANGKOK - Two journalists from Singapore and Malaysia are being investigated by Myanmar police for breaching export and import laws after flying a drone over a parliament building in Naypyitaw. Singapore journalist Lau Hon Meng, 43, and Malaysian ... ( read original story ...)
Will DBS protect clients’ interests
DBS, the largest bank in both Southeast Asia and Singapore, could be using the acquisition of foreign banks as a shortcut to accelerate growth. In 2013, DBS cancelled its plan to buy Indonesia’s Bank Danamon. One year later, it acquired French ... ( read original story ...)
Singapore wants fewer cars on its roads. Here’s what it means for Grab and Uber
The sharing concept extends to carpooling – a pre-existing concept given new life through mobile apps. Singapore startup Ryde made this its core concept, while also adding cab booking features through a partnership with local taxi operator Comfort DelGro ... ( read original story ...)
Tough, but not impossible to retire happy in Singapore
Singaporean property consultant Mr Kamal (not his real name) works in Malaysia and shuttles between Kuala Lumpur and Singapore every month to care for his elderly mother who lives alone in a flat in Jurong. Life is tough for the 41-year-old who feels that ... ( read original story ...)
Singapore stocks gain for third day; OCBC Bank hits record high
Singapore stocks gained for a third day on Friday, led by lenders such as Overseas-Chinese Banking Corp on strong results while positive Asian cues also boosted risk appetite. Stocks in Asia extended gains after a batch of strong earnings from Alphabet ... ( read original story ...)
Singapore’s 2018 economic growth likely to ‘moderate’ from this year
SINGAPORE: The Republic’s economic growth is expected to remain firm next year, although expansion “could moderate from this year”, the Monetary Authority of Singapore (MAS) said in its latest macroeconomic review released on Friday (Oct 27 ... ( read original story ...)
Singapore aims to finish its own cryptocurrency trial next year
Singapore will conclude its experiment with blockchain technology and its own digital currency next year before deciding whether to commercialize the trial, the country's regulator has told CNBC. In 2016, the Monetary Authority of Singapore (MAS) announced ... ( read original story ...)
Singapore Exchange Chief Hopes to Win World’s Biggest IPO
Singapore Exchange Ltd.’s chief executive officer said his company is still in the running to win a listing of the shares of oil giant Aramco, in what could be the world’s biggest initial public offering. “We’re as good as any other exchange ... ( read original story ...)
MindChamps inks deals ahead of Singapore IPO
MindChamps PreSchool has inked agreements with Chinese investors ahead of a planned initial public offering (IPO) on the mainboard of the Singapore Exchange. MindChamps, the largest operator and franchiser of premium-range pre-school centres in Singapore ... ( read original story ...)
Daily Briefing: MAS warns Singapore to prepare for inflation growth; Wealth management drives banks’ profits
Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth ... ( read original story ...)
Singapore stocks rise to two-month highs, Malaysia equities decline
helped by a rally in Genting Singapore. Oversea-Chinese Banking Corp. edged higher after third-quarter earnings exceeded estimates. Malaysia shares fell ahead of the presentation of the 2018 budget. Singapore's FTSE Straits Times index rose 0.4% to 3,356.25. ( read original story ...)
Singapore will stop adding cars to the roads in 2018
Singapore will not allow its personal car population to grow starting in February. Singapore's ban is part of an effort to conserve land; 12% of the island's land area is taken up by roads. The city-state is planning to invest billions in public transit. ( read original story ...)
Eye on Bedok: Singapore’s most populous neighbourhood
Tay Huey Ying, head of research at JLL Singapore, identifies Seaside Residences and Grandeur Park Residences as the two most recent property launches in the area. Both are 99-year leasehold condominium projects, with the 841-unit Seaside Residences having ... ( read original story ...)
Singapore now has ‘most powerful passport in the world’: Index
The red Singapore passport has topped a global passport ranking index thanks to one more country removing visa requirements for Singaporeans. Developed by Arton Capital, a financial advisory firm which provides investor programmes for residence and ... ( read original story ...)
Singapore set to freeze number of cars on roads
SINGAPORE: Singapore, one of the most expensive places in the world to buy a vehicle, will freeze the number of private cars on its roads for at least two years, a rare move in Asia where many cities are increasingly gridlocked. The city-state said the ... ( read original story ...)