They will explore cooperation on standards development and technology partnerships. Singapore and the United States deepened their ties as they renewed the US-Singapore Collaboration Platform Memorand... ( read original story ...)
MAS finalises framework for payment services in Singapore
The Monetary Authority of Singapore (MAS) has finalised a new regulatory framework for payment services in Singapore, in a move to guard against risks as the payment landscape evolves. The Payment Ser... ( read original story ...)
BHP to pay $529m in back taxes, shake up ownership of Singapore hub as part of ATO settlement
The Singapore arm would buy minerals from BHP’s Australian ... Herbert Smith Freehills & Sam Mostyn Chair Citibank Australia. ( read original story ...)
Singapore third-quarter GDP growth seen losing momentum, trade war dims outlook
SINGAPORE (Reuters) - Singapore is expected to report slower third-quarter economic growth than initially thought, a Reuters poll showed, as the manufacturing sector faces strains from weaker global d... ( read original story ...)
Singapore is APAC’s most prepared city: study
It topped the governance rankings ahead of Tokyo and Ho Chi Minh. Singapore topped the list as the most prepared city in the Asia Pacific (APAC) region, a study by Cushman and Wakefield revealed. It b... ( read original story ...)
EU and Singapore boost trade ties
A trade deal between the European Union and Singapore could create significant new opportunities for business, according to the head of HSBC’s trade finance division. The EU-Singapore Free Trade Agree... ( read original story ...)
BHP to pay $390 million to Australia’s tax authorities to help settle dispute over Singapore hub
As part of the deal, the world's largest miner will pay a total of about A$529 million ($386.43 million) in additional taxes on income for 2003 to 2018, BHP said in a statement. The Melbourne-based mi... ( read original story ...)
BHP to pay $390 million to Australia tax authorities to help settle dispute over Singapore hub
(Reuters) - BHP on Monday said it had signed an agreement with Australia’s tax authorities to settle a long-running dispute over the global miner’s operations in Singapore. As part of the deal, the wo... ( read original story ...)
BHP to Pay $386 Million to Settle Tax Dispute Over Singapore Marketing Unit
(Reuters) - Global miner BHP said on Monday it signed an agreement with the Australian Taxation Office (ATO) to settle the transfer pricing dispute regarding its marketing operations in Singapore. As ... ( read original story ...)
Controversial Singapore Athletics technical director Volker Herrmann quits
Controversial Singapore Athletic Association (SAA) technical director Volker Herrmann has resigned, and will serve his last day on 2 December, an SAA media statement said on Wednesday (14 November). T... ( read original story ...)
Credit Suisse sees investment opportunities in China, Singapore and Indonesia
The U.S.-China trade escalation has taken a toll on Asian stocks for much of 2018. The MSCI Asia ex-Japan index is down more than 20 percent from its highs in 2018. Suresh Tantia, investment strategis... ( read original story ...)
Singapore’s Gushcloud buys back shares from its investor Yello Digital
This includes the full 62 per cent buyback that YDMG previously held within Gushcloud at an agreed price of USD$8.2 million Singapore-based Gushcloud International, a holding company that operates glo... ( read original story ...)
Affordable mobile internet is driving e-commerce and ride-hailing in Southeast Asia, report finds
Affordable mobile internet is driving rapid growth in sectors like e-commerce and ride-hailing in Southeast Asia, according to a new study from Google and Singapore's Temasek Holdings. The six Southea... ( read original story ...)
Wilmar cut to ‘hold’ by OCBC on softening soybean margins; China IPO in 4Q19 seen
SINGAPORE (Nov 18): OCBC Investment Research is downgrading Wilmar International to “hold” after warning uncertainty over soybean crushing margins may grow as the trade dispute between the US and Chin... ( read original story ...)
HDB mortgage interest rates remain unchanged in first quarter 2019
Now let’s say you got $250,000 from the bank instead. At a rate of two per cent for 25 years, the monthly repayment is just $1,060 per month. At the end of 25 years, the total interest paid is $67,891 ... ( read original story ...)
Singapore morning news for November 19
A RASH of analyst downgrades rounds up the latest September-quarter corporate earnings parade, in which more companies fell short of the street’s growth forecasts and positive surprises grew rarer. TH... ( read original story ...)