Singapore's big three bank stocks have reported their first half earnings but United Overseas Bank has emerged as the pick of the bunch for Maybank Kim Eng. The brokerage upgraded UOB (U11.SG) to buy from hold on its 'selective lending' strategy and its ... ( read original story ...)
OCBC Bank and China’s Bank of Ningbo to deepen ties over 10 years
SINGAPORE - OCBC Bank has inked a 10-year strategic cooperation agreement with its associate company, China's Bank of Ningbo, said the Singapore bank on Tuesday (Aug 22). The plan is to "deepen collaboration across a broad range of business areas ... ( read original story ...)
Some remains found in search for missing U.S. sailors after collision near Singapore, officials say
Some remains have been found in the search for the 10 sailors reported missing in the collision between the USS John S. McCain and an oil tanker in Southeast Asian waters on Monday. On Tuesday, the commander of the U.S. Pacific Fleet said some remains of ... ( read original story ...)
Coca-Cola, PespiCo and others agree to limit sugar in drinks in Singapore
Seven major drinks companies including Coca-Cola and PepsiCo will limit the sugar content of drinks they sell in Singapore, as part of the city-state’s campaign to fight diabetes. Singapore is one of the first countries in Asia to target sugary drinks ... ( read original story ...)
We Downloaded OCBC Pay Anyone To Make Our Life More Convenient. Here’s What We Think.
As we shared in one of our articles, we are advocates for going cashless in Singapore. So an app like OCBC Pay Anyone comes in handy for us when we go Dutch at a gathering. To pay our friend who was waiting to collect money from the rest, we did a quick ... ( read ...
Export of vegetables to Singapore on the rise
Summary: Vegetables are lifted to Singapore by Singapore-bound Scoot Airlines and the Kuala Lumpur –bound Air Asia and Malindo Air flights. Nearly 400 tonnes of perishables – vegetables, fruits and flowers – were being exported to Singapore per month ... ( read original story ...)
Singapore Is Seeking Business With Startups to Spur Them
Singapore’s government will support technology startups by doing business with them rather than having them rely on grants as the city-state pushes ahead with a plan to become a high-tech hub, a top minister said. The government wants to fuel private ... ( read original story ...)
Singapore may renegotiate EU trade deal after Brexit removes British markets
Singapore has raised the prospect of renegotiating terms on a long-awaited free trade deal with the European Union (EU) due to the impact of Brexit, a Square Mile official has revealed. Sherry Madera, the City of London Corporation's special adviser for ... ( read original story ...)
What we know about the latest US Navy collision near Singapore
The USS John S. McCain, a Navy guided-missile destroyer, collided with a commercial vessel east of Singapore early Monday morning, and 10 sailors remain missing following the incident, according to officials. The ship had been heading to Singapore on a ... ( read original story ...)
Singapore Property Awaits Its Sail Moment
Almost exactly 13 years ago, Kwek Leng Beng, the billionaire chairman of City Developments Ltd., then Singapore's biggest builder by market value, did something outlandish. Together with partner AIG Global Real Estate, he launched Sail@MarinaBay, an ... ( read original story ...)
Singapore ends 5-day slump, leads Asian-market gains
Singapore ... with market capitalizations of at least $5 billion there were trading within 2% of Monday’s close, underscoring directionless trading, thanks to the earlier strength in the yen. The Japanese currency rose after Monday stock trading ended ... ( read original story ...)
Search continues for missing soldiers after U.S. destroyer collision in Singapore
SINGAPORE -- Three navies searched Southeast Asian waters for 10 missing U.S. sailors for a second day Tuesday as the Navy ordered a broad investigation into the performance and readiness of the Pacific-based 7th Fleet after the USS John S. McCain and an ... ( read original story ...)
Ericsson and Verizon push LTE past 1Gbps
"Gigabit LTE requires spectrum, more than what most operators have ... and triple carrier aggregation, also trialling LAA across Singapore in July last year. ( read original story ...)
Centre to help S’pore tech solution firms opens in Guangzhou
Singapore companies that provide advanced manufacturing technology solutions are getting a leg-up to enter the China market. Trade agency International Enterprise (IE) Singapore and Ascendas-Singbridge have launched the Singapore Manufacturing Innovation ... ( read original story ...)
Stricken U.S. destroyer arrives in Singapore after collision, 10 sailors missing
SEOUL — A frantic search continued Monday for 10 sailors missing after a collision between a U.S. Navy guided-missile destroyer and an oil tanker three times its size off Singapore. Meanwhile, The U.S. Navy pushed ahead with investigations into the ... ( read original story ...)
UOB has hired a DBS veteran for a senior director role in Singapore
UOB has recruited an experienced banker from rival DBS. http://news.efinancialcareers.com/sg-en/279174/standard-chartered-hires-anz-singapore/ UOB has hired one of Singapore’s most experienced structured finance specialists from rival DBS. Simon Tan has ... ( read original story ...)