Singapore's OCBC Bank is to offer merchants a fingerprint-based point of sale device capable of handling multiple payment form factors and loyalty schemes. Developed by local technology company Touché, the platform is able to accept traditional card ... ( read original story ...)
Trump cancels Singapore summit in letter to Kim Jong Un
Washington (CNN)President Donald Trump will not meet North Korean leader Kim Jong Un next month, he announced in a letter to Kim released by the White House Thursday morning, scrapping plans for what would have been a historic diplomatic summit. "I was ... ( read original story ...)
What Trump, Kim Jong Un were expected to discuss at historic summit in Singapore
"This missed opportunity is truly a sad moment in history," the letter ended. The news comes after North Korea allegedly demolished its nuclear test site and canceled its upcoming meeting with South Korea. At the time, it threatened to ax its historic ... ( read original story ...)
AVA Agri Food & Veterinary Authority of Singapor : Woman fined $4,000 for the illegal import of a sugar glider
23 May 2018: 24-year-old Nur Syahirah binte Hussein, was fined $4,000 for the illegal import of a sugar glider into Singapore. 2. In February 2018 at Woodlands Checkpoint, an officer from the Immigration & Checkpoints Authority (ICA) found the offender ... ( read original story ...)
Woman hit with $4k fine for illegally importing a baby sugar glider
On top of not having an official import licence issued by the Agri-Food & Veterinary Authority of Singapore (AVA), Syahirah was also charged with the failure to ensure the animal was not subjected to unnecessary suffering. AVA reminded the public that ... ( read original story ...)
India raises import duty on wheat to 30% amid record domestic crop forecast
"At current [20%] import duty, wheat imports are not at parity [with domestic prices]. It might be that the increase is to prevent any chance of Black Sea wheat from coming in," said a trader based in Singapore. Sowing for the current wheat season began in ... ( read original story ...)
China’s Sinopec to boost U.S. crude imports to all-time high: sources
SINGAPORE (Reuters) - Sinopec, Asia’s largest refiner, will boost U.S. crude oil imports to an all-time high as China tries to reduce its trade deficit with the United States, two sources with knowledge of the matter said on Wednesday. The company’s ... ( read original story ...)
Exmar : Gunvor charters Exmar FSRU for third Bangladesh LNG import project
The Exmar FSRU, a non-propelled vessel, is currently at the Keppel Shipyard in Singapore undergoing site-specific modification ... The other two firm Bangladesh LNG import projects are also using FSRUs. FSRU developments have continued apace over the ... ( read original story ...)
Vietnam considering raising import tax on oil products from July 1: traders
Vietnam imported 4.36 million mt of oil products over January-April, up 10.7% year on year, most of it from Malaysia, South Korea and Singapore, according to preliminary Vietnam Customs data released May 10. The tax hike talk comes as Vietnam's second ... ( read original story ...)
Asian shares mixed as US mulls new tariffs on auto imports
Shares rose in Indonesia, Taiwan and Singapore but fell in Thailand. TRUMP ON TRADE: China and Japan both condemned the Trump administration’s decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts ... ( read original story ...)
Singapore records growths in both merchandise trade, services trade in 1Q
to 116.6 billion Singapore dollars. This extended the 4.1 percent growth in the fourth quarter of 2017. The Review attributes the total services trade growth to the better performances in both services exports and imports, which increased 6.1 percent and 3 ... ( read original story ...)
Singapore Warns Eight Crypto Exchanges as Scrutiny Increases
Singapore warned eight cryptocurrency exchanges about their activities in the city-state as regulators around the world step up scrutiny of digital-asset trading. The platforms, which weren’t named, shouldn’t facilitate trading in tokens that are ... ( read original story ...)
HSBC Continues Hiring Spree for Asia Equities
Others joining the London-based bank in Hong Kong include Edman Wong from Citigroup and CLSA Ltd.’s Vivek Gandhi, who will be based in Singapore, the people added. The hires are part of a restructuring of HSBC’s global equities operation since Hossein ... ( read original story ...)
Singapore upgrades first-quarter GDP, 2018 outlook on resilient demand
“It shows that they’re a little bit confident going forward,” OCBC bank chief economist, Selena Ling said, adding that the revision is in line with Singapore’s central bank’s monetary policy change in April, when it tightened for the first time ... ( read original story ...)
Child Education in Singapore: How Much It Really Costs and How to Save On It
Because primary and secondary school is heavily subsidized for locals in Singapore, it is easy for parents to under-budget for education. However, this would be a mistake as school fee comprises only a small portion of the total cost of education. ( read original story ...)
India-Singapore Futures Fight a `Concern’ for MSCI’s CEO
(Bloomberg) -- The chief executive officer of MSCI Inc., one of the world’s biggest index compilers, said his firm is “concerned, quite a lot” about the dispute between exchanges in India and Singapore that threatens a popular offshore futures contract. ( read original story ...)