(Reuters) - Millennium & Copthorne Hotels Plc has agreed to be acquired by majority owner City Developments Ltd (CDL) in a deal that values the British company at 2.23 billion pounds, the two ... ( read original story ...)
Singapore banks’ bad loan ratio to hit 1.7% by 2020
"SMEs are particularly vulnerable to Singapore's economic slowdown ... For household loans that were predominantly mortgages, Moody's predict that NPL ratio will stay low as the strong labor market ... ( read original story ...)
Cambodia’s Hun Sen says Singapore supported genocide
PHNOM PENH/HANOI (Reuters) - Cambodian Prime Minister Hun Sen has accused Singaporean Prime Minister Lee Hsien Loong of supporting genocide because of comments Lee made about Vietnam’s 1978 invasion ... ( read original story ...)
Thirsty Singapore taps into innovation to secure its water future
SINGAPORE, June 7 (Thomson Reuters Foundation) - Every day after his morning run, Adam Reutens-Tan washes under a half-full camping shower hooked on the ceiling of his bathroom. The modified shower, ... ( read original story ...)
Singapore May forex reserves drop to $265.4 bln – central bank data
SINGAPORE, June 7 (Reuters) - Singapore’s foreign exchange reserves fell to $265.42 billion in May, a drop of more than 10 percent from the month before, preliminary data from the central bank showed ... ( read original story ...)
Singapore’s main real estate brokerages offer great value and defense, say analysts
SINGAPORE (June 7): Phillip Capital and CGS-CIMB Research are initiating positive coverage on both APAC Realty and PropNex, the two main market players within Singapore’s real estate brokerage sector. ... ( read original story ...)
Singapore CEOs less bullish on revenue growth than global peers
32% of Singapore CEOs understand the mandate to do so, and highlighted that taxation is no longer limited to management by the finance and tax team. Amidst growing risks, Singapore CEOs seek merger ... ( read original story ...)
FEATURE-Thirsty Singapore taps into innovation to secure its water future
SINGAPORE, June 7 (Thomson Reuters Foundation) - Every day after his morning run, Adam Reutens-Tan washes under a half-full camping shower hooked on the ceiling of his bathroom. The modified shower, ... ( read original story ...)
Singapore ‘deep tech’ startups face funding hurdle as risks higher
Singapore startups specialising in "deep technology" need investors that are less risk-averse and more willing to stick their bets on young companies that take longer to generate returns. One ... ( read original story ...)
Former bank officer jailed after taking more than $200k from accounts of two elderly clients
SINGAPORE - A former bank relationship manager was sentenced on Thursday (June 6) to three years and 10 months' jail after making off with more than $200,000 from two elderly clients. Liaw Tick Kwan, ... ( read original story ...)
Singapore’s anti-fake news law could muzzle free speech
Singapore has recently joined the list of countries seeking to protect their citizens from harmful online content. But many complain the government's move "criminalizes free speech" and encourages ... ( read original story ...)
What will Singapore’s producer responsibility laws mean for business?
Another concern is that Singapore is short on recycling infrastructure ... There are already a number of e-waste collection points dotted around the city, including in electronics stores and in busy ... ( read original story ...)
Singapore adds Visa to contactless transit payments
Singapore's Land Transport Authority (LTA) has added Visa cards to its contactless transit payments initiative, SimplyGo. SimplyGo allows commuters to use their Mastercard or Visa contactless bank ... ( read original story ...)
Jail for DBS employee who cheated elderly bank customers of more than S$200,000
SINGAPORE: A relationship manager at DBS Bank who cheated two bank customers, gaining more than S$200,000 for himself, was jailed for three years and 10 months on Thursday (Jun 6). Liaw Tick Kwan, 37, ... ( read original story ...)
DBS helps SMEs in the retail and F&B sectors reduce cost of managing cash
SINGAPORE (June 4): DBS says that digital transactions from its SME customers have increased by 70%, while transaction value has increased by 25%, since the bank launched DBS MAX, Singapore’s first ... ( read original story ...)
Yoma well placed to tap into Myanmar’s potential economic growth, says DBS
SINGAPORE (June 4): DBS Group Research believes Yoma Strategic Holdings is well placed to tap into Myanmar’s potential economic turnaround, with its diversified portfolio in the property, consumer and ... ( read original story ...)