The fund also recommended changes to bank regulations to ensure that lenders are able to access sufficient amounts of foreign exchange in times of crisis. "Singapore's financial system is ... ( read original story ...)
Singapore’s TPG Offers Free Unlimited Data Roaming in Malaysia and Indonesia
TPG, Singapore's 4th mobile operator announced that it will offer free unlimited data roaming in Malaysia and Indonesia for its subscribers from mid-July 2019. TPG subscribers can enjoy hassle-free ... ( read original story ...)
IMF reaffirms Singapore’s financial sector oversight as ‘among the best globally’
SINGAPORE (July 17): The International Monetary Fund (IMF) has reaffirmed Singapore’s financial sector oversight to be “among the best globally”. The economic fundamentals of Singapore were strong and ... ( read original story ...)
Billionaire James Dyson buys Singapore’s most expensive penthouse flat
British billionaire and bagless vacuum inventor Sir James Dyson has bought the biggest, highest and most expensive flat in Singapore, according to reports. Dyson and his wife splashed out 73.8 million ... ( read original story ...)
Hong Kong millionaires moving cash to Singapore as political crisis lingers
A major Asian wealth manager said it has received a large flow of new money in Singapore from Hong Kong over recent weeks, requesting not to be identified due to the sensitivity of the issue. One Hong ... ( read original story ...)
BitMarket Closes Down, Binance in Singapore: The Weekly Show
which will allow users to buy and sell cryptocurrencies with Singapore dollars (SGD). As Finance Magnates reported, initially, traders can access Bitcoin, Ethereum and Binance Coin on the new exchange ... ( read original story ...)
Singapore is not expecting full-year recession at this point: Heng Swee Keat
SINGAPORE — Singapore is not expecting a full-year recession ... Heng said in a Facebook post on Friday (12 July). Heng, who is also the Finance Minister, said the latest advance GDP estimates ... ( read original story ...)
One-third of people in Singapore see investing as a form of gambling: OCBC study
SINGAPORE — About 33 per cent of people in Singapore think of investing as a form of gambling, indicating that many lag behind when it comes to growing their wealth and preparing for retirement, ... ( read original story ...)
Singapore or Hong Kong. Who will win the virtual banking race?
Singapore is following in the footsteps of Hong Kong with its disruption of the city’s banking system. The development of virtual banking is likely to bring vitality to the economy and could even ... ( read original story ...)
Singapore economy: leaders ease recession fears as US-China trade war bites
Ex-Singapore finance chief Tharman Shanmugaratnam shortlisted for IMF top job, but will Europeans hand over the title? Heng, also finance minister, said the data reflected “heightened uncertainties ... ( read original story ...)
Blog: Singapore plots path to 5G leadership
Singapore’s hyper-competitive mobile sector has four mobile network operators and seven MVNOs. The three incumbents all started 5G trials in 2018, but none have set a launch target. At some point one ... ( read original story ...)
Singapore Exchange proposes price limits on stocks in auction sessions
SINGAPORE (Reuters) - Singapore Exchange’s (SGXL.SI) regulatory unit is proposing imposing price limits during daily stock auctions to prevent incidents such as the $41 billion flash crash in January ... ( read original story ...)
Singaporeans taking small steps in long road to financial wellness: OCBC
SINGAPORE (July 15): The good news is that while the average Singaporean has embarked on his journey towards financial wellness, it’s going to take some time for him to reach his destination. This is ... ( read original story ...)
Nervous Hong Kong Millionaires Are Moving Their Cash to Singapore
(Bloomberg) -- Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long-term effects of the political crisis in the Chinese city. While the Hong Kong ... ( read original story ...)
Singapore June private home sales up 25.5% from year earlier
SINGAPORE (Reuters) - Sales of private homes by developers in Singapore rose 25.5% in June from a year earlier, government data showed on Monday. Data compiled by the Urban Redevelopment Authority ... ( read original story ...)
Singapore’s Top Performing Stock Under Siege After Budweiser Shelves IPO
Thai Beverage PCL’s crown as top performer in Singapore this year is under siege after rival Anheuser-Busch InBev NV shelved the initial public offering of its Asian unit to raise up to $9.8 billion. ... ( read original story ...)