SINGAPORE - Some holders of DBS' Visa Debit Card will now be able to spend overseas in the country's local currency while avoiding high foreign exchange and conversion fees. This is possible if their Visa debit card is linked to a DBS Multi-Currency ... ( read original story ...)
Singapore Technologies Engineering : ST Engineering's Electronics Arm Acquires 51% equity stake in SP Telecommunications Pte Ltd
Singapore, 18 January 2017 - Singapore Technologies Engineering Ltd (ST Engineering) today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has entered into a conditional share purchase agreement to acquire a ... ( read original story ...)
Singapore closer to launching 5G mobile networks: IMDA
SINGAPORE — The Republic is another step closer to seeing 5G networks being deployed here, with the Info-communications Media Development Authority (IMDA) announcing yesterday that it will launch a public consultation later this year on mobile technology ... ( read original story ...)
New DBS scheme allows customers to save on FX fees
SINGAPORE — Travelling overseas or shopping on overseas-based online stores? Some DBS debit card owners can now save on additional charges such as merchant and foreign exchange conversion fees when making electronic payments in 12 currencies from ... ( read original story ...)
Singapore December exports jump on back of 40% rise in China shipments
An aerial view of shipping containers stacked at the port of Singapore February 14, 2012. REUTERS/Edgar Su/ Singapore exports in December rose 9.4 percent on the back of a rebound in the shipment of both electronic and non-electronic goods. Figures ... ( read original story ...)
10 leading companies from Singapore
This has enabled Singapore to become home to firms that are world leaders in sectors as diverse as banking, telecommunications, and even food processing. Here, then, is a brief description of the country’s 10 leading companies based on total revenue ... ( read original story ...)
Several duped by phishing emails since start of the year: Police
the Singapore Police Force (SPF) said in an advisory on Tuesday (Jan 17). Victims would receive an email purportedly from their bank informing them that someone had logged into their Internet banking account. Recipients would then be prompted to verify the ... ( read original story ...)
Will bad loans continue to haunt Singapore banks this year?
It will slow down and the impact will be manageable, says Moody's. Singapore's three largest banks, DBS Bank Ltd., Oversea-Chinese Banking Corp Ltd, and United Overseas Bank Limited, face continued downward pressure on their solvency metrics of asset ... ( read original story ...)
Moody's: Singapore banks will weather through further weakening in asset quality
Moody's Investors Service says that Singapore's three largest banks - DBS Bank Ltd. (DBS, Aa1/Aa1 stable, a1), Oversea-Chinese Banking Corp Ltd (OCBC, Aa1/Aa1 stable, a1) and United Overseas Bank Limited (UOB, Aa1/Aa1 stable, a1) - face continued downward ... ( read original story ...)
Asian private banks target next generation of super-rich
The natural optimism of the seasoned Asian private banker has been hard to dent. It has withstood the implosion of BSI in Singapore, the private banking operation found culpable of anti money laundering failings, and the continuing problem that Asia has ... ( read original story ...)
SBI hits overseas debt market with $500 million five-year bond sale
The money will be raised through its London branch and will be listed on the Singapore Exchange,” two investment banking sources told PTI here today. When contacted State Bank refused to comment citing confidentiality clause as the market moving nature ... ( read original story ...)
Greenpeace calls HSBC out on financing deforestation
Singapore-listed Noble Group, and Korea’s Posco Daewoo Corporation. By financing these companies, HSBC is violating its own policies on responsible lending, said Greenpeace. Annisa Rahmawati, senior forest campaigner, Greenpeace Southeast Asia ... ( read original story ...)
Singapore, Indonesia economic ties set to strengthen: Lim Hng Kiang
SINGAPORE: Robust economic ties between Singapore and Indonesia are set to strengthen following 50 years of diplomatic relations, Trade and Industry (Trade) Minister Lim Hng Kiang said on Tuesday (Jan 17). Speaking at the Singapore Manufacturing Federation ... ( read original story ...)
IMDA to seek public, industry feedback on 5G mobile developments
The Info-communications Media Development Authority of Singapore (IMDA) plans to have a public consultation later this year on developments relating to fifth generation mobile networks (5G) and the spectrum required to run them, it announced on Tuesday ... ( read original story ...)
Singapore Market May Test Support At 3,000 Points
(RTTNews.com) - The Singapore stock market headed south again on Monday, one session after it had snapped the two-day slide in which it had surrendered more than a dozen points or 0.4 percent. The Straits Times Index now rests just beneath the 3,015-point ... ( read original story ...)
Singapore December exports jump 9.4 pct y/y, top expectations
SINGAPORE (Reuters) - Singapore's non-oil exports rose more than expected in December from a year earlier as shipments to China jumped, official data showed on Tuesday, Non-oil domestic exports (NODX) last month rose 9.4 percent from a year earlier, the ... ( read original story ...)