BANDAR SERI BEGAWAN - Financial cooperation between Singapore and Brunei received a boost on Saturday (May 12) with the signing of two new agreements. The signings of the agreements - a memorandum of understanding (MOU) to exchange information related to ... ( read original story ...)
Mahathir Picks Lim as Finance Minister, Returns Zeti to Council
Malaysian Prime Minister Mahathir Mohamad named Lim Guan Eng as finance minister and set up an advisory board ... the high-speed rail to connect the capital Kuala Lumpur with Singapore. “We want to review all contracts that are not in favor or do not ... ( read original story ...)
Malaysia’s new finance minister has a ‘stellar’ economic record in Penang
As finance minister, Lim will be expected to oversee the new ... so that the government can still maintain fiscal discipline," said Hasan Jafri, who heads Singapore-based business consultancy HJ Advisory. But he added: "He will have to work quickly to ... ( read original story ...)
Q&A: Former finance minister Kevin Falcon explains B.C. Liberal role in housing crisis
Kevin Falcon played a key role in the Liberal cabinet as B.C.'s finance minister. After his resignation ... I kept raising in the different markets I was in, particularly in Singapore, Hong Kong and China, was trying to get an understanding of what ... ( read original story ...)
Ex-Genting Singapore V-P admits to insider trading
Genting Singapore's former vice-president of finance, Ms Kunye Tagi, has admitted to insider trading and has paid the Monetary Authority of Singapore (MAS) a civil penalty of $50,000 without court action. This follows a joint investigation by the ... ( read original story ...)
Energy storage’s day in the Singapore sun
“The Singapore government focuses on the ecosystem approach so we have the perfect finance base and a knowledge base such as Nanyang Technological University.” He adds that the transition for new technologies from test bed to real-world application is ... ( read original story ...)
A tech startup’s guide to Singapore
Here are some investors startups can look forward to meeting in Singapore: B Capital: Co-founded by Facebook’s Eduardo Saverin, the firm invests in startups along tech-reliant verticals like healthcare, transportation, finance, and consumer enablement. ( read original story ...)
OCBC Bank Launches Digital Transformation Programme For 29,000 Employees
With an investment of $20 million to train and develop the digital skills of all 29,000 employees of the OCBC Group globally, the OCBC Future Smart Programme is the largest-scale and most ambitious digital transformation initiative by a Singapore bank. ( read original story ...)
Singapore retail sales drop 1.5% in March, as car sales slump again
SINGAPORE – Retail sales dropped 1.5 per cent in March from a year ago, reversing the Chinese New Year-fueled 8.6 per cent jump seen in February, as car sales continued to slump. Excluding motor vehicles, takings at the till rose 2.6 per cent, according ... ( read original story ...)
6 things to know about Singapore before Trump and Kim Jong-un meet there
President Donald Trump said that his historic summit with Kim Jong Un will take place in Singapore on June 12. Here are some relavant facts about the city-state: 1. Until November 2017, Singapore was North Korea’s seventh largest trading partner In ... ( read original story ...)
Apple Watch Series 3 With LTE Connectivity Launches in Denmark, Sweden, India, and Taiwan
The Apple Watch Series 3 with LTE connectivity today became available for purchase ... Puerto Rico, Switzerland, Singapore, Hong Kong, the UK, Denmark, Sweden, India, and Taiwan. Buyer's Guide: Apple Watch (Neutral) ( read original story ...)
Stunned Investors in Singapore Tech Darling Suffer 33% Loss
After a spectacular rise for two years, Singapore’s biggest technology company is suddenly returning to earth. All eyes in the country’s financial community have been on Venture Corp., an electronics stock that more than tripled since April 2016 to ... ( read original story ...)
DBS FHR Home Loan – The Fixed Deposit Home Rate and Why It’s So Different From Other Home Loans
Just because it’s not “actively enforced”, doesn’t make sex between consenting male adults any less of a crime in Singapore, in the eyes of the law. Variable rates are the Section 377A of home loans. Just because the bank says that the board rates ... ( read original story ...)
Is It a Good Time to Buy Bank Stocks Now?
Favourable macro-economic conditions have led to growth in almost every business segment of the three main banks in Singapore, which are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corp Limited (SGX: O39), and United Overseas Bank Ltd (SGX ... ( read original story ...)
Bank of Singapore’s Nicholson Sees 10-Year Between 2.80-3.20%
May.09 -- Bank of Singapore Head of Fixed Income Discretionary Portfolio Management Gareth Nicholson discusses Mahathir Mohamad's victory in Malaysia’s election, and talks about emerging markets and bonds. He speaks on "Bloomberg Markets." ( read original story ...)
OCBC Bank to spend $20 million on digital upskilling programme
Singapore's OCBC Bank is to spend $20 million on a workforce digital transformation programme designed to equip its 29,000 staff with the skills required to stay relevant in a technologically-driven banking culture. The bank says that the 'Future Smart ... ( read original story ...)