With a strong pipeline of ICOs in the city, analysts question the future role of venture capital firms. Venture capital activity in Singapore will remain robust for the rest of 2018 due to the launch of more early-stage (seed and Series A) corporate ... ( read original story ...)
Singapore’s biggest bank takes on China giants in fintech battle
SINGAPORE (May 15): Piyush Gupta sees himself as uncomfortably close to the action in the battle between traditional banks and China’s insurgent fintech giants. The chief executive officer of Singapore’s DBS Group Holdings Ltd has been trying to re ... ( read original story ...)
Meet the man whose website is revolutionising Singapore’s ‘inefficient’ property market
Singapore’s real estate market was a vexing obstacle to navigate until Darius Cheung, CEO and co-founder of the country’s homegrown housing website 99.co, helped transform the market with a user-focused approach to home hunting 99.co co-founder and CEO ... ( read original story ...)
Shophouses’ rising yields lure Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Singapore Shares May Reverse Monday’s Losses
The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,560-point plateau although it ... ( read original story ...)
Singapore invites new business models for moneylending
It will issue licenses for up to 16 outlets that will implement their business models. The Ministry of Law (MinLaw) called for proposals to pilot new business models for moneylending in order to "better protect borrowers through business-led improvements ... ( read original story ...)
Tel Aviv, Singapore bourses partner to attract tech companies
JERUSALEM (Reuters) - The Tel Aviv and Singapore stock exchanges have partnered up to allow technology and healthcare companies to list and raise money on both markets simultaneously. The focus will be on Israeli technology and biomed companies seeking to ... ( read original story ...)
Bombardier’s Real-Time Passenger Load Display Software Solution Launches in Singapore
Rail technology leader Bombardier Transportation has announced the launch of its software solution installed on the Singapore Downtown Line's (DTL) existing Train Control Monitoring System (TCMS). This innovative technology maximizes passenger comfort and ... ( read original story ...)
Shophouses’ rising yields are luring Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Property: What to know if you are buying your first property as investment
Unfortunately, property prices are in a slump at the time ... Wrong. The rate of inflation in Singapore is around three per cent per annum, and your investment has not kept up with that. And this is after you’ve put up with various inconveniences ... ( read original story ...)
DBS Chief Has No Plans to Slow Down
Piyush Gupta, into his ninth year as chief executive officer of DBS Group Holdings Ltd., isn’t looking to call it a day. “I’m loving the job. I think we’re making impact as a company,” Gupta said in an interview at his office in Singapore last week. ( read original story ...)
How Singapore is preparing to host a historic meeting between Donald Trump and Kim Jong Un
SEOUL, South Korea — Singapore, a highly manicured city-state shaped by skyscrapers and luxury hotels, is preparing for perhaps the most crucial international diplomatic event of the decade. Kim wants security and Trump wants Kim to get rid of his nukes. ( read original story ...)
Deutsche Bank has no plans to pull out of Asian countries – CEO
The bank’s business in Asia, however, remains key to the lender’s global success, Sewing told a company town hall meeting in Singapore on Monday, according to a Hong Kong-based spokeswoman for the bank. “We can only be relevant to our clients if we ... ( read original story ...)
Singapore commodities companies head to South America
SINGAPORE - U.S.-China trade tensions are causing Singaporean agriculture conglomerates Olam International and Wilmar International to import from South America to avoid higher taxes. Commodities trader Olam International, which reported its January-March ... ( read original story ...)
Singapore launches best practice papers to combat money laundering, terrorism financing
SINGAPORE - Singapore regulators and the banking industry launched on Monday (May 14) two best practice papers to better prevent money laundering and terrorism financing, in the wake of the 1MDB scandal that hit the city-state and amid the increasing ... ( read original story ...)
Oversea-Chinese Banking Corporation Ltd Starts The Year With a Bang
With banks in Singapore doing tremendously well financially in 2017, plus bank stocks up more than 50% on average over the last one-year period, the spotlight was firmly on them as they released their first quarter results for 2018. In this article ... ( read original story ...)