"If they can do the job, why not?" UOB is the only Singapore bank that's still run by a family after OCBC Bank and others chose outsiders as their CEO or merged. Under Wee's billionaire father, UOB ... ( read original story ...)
Singapore housing loans shrink again, with overall lending flat in April: MAS data
Overall bank lending in Singapore was flat in April from a month ago, bogged by the decline in consumer loans and moderated growth in business lending. Loans through the domestic banking unit - which ... ( read original story ...)
This ‘Fake News’ Law Threatens Free Speech. But It Doesn’t Stop There.
Singapore this month joined the rapidly growing list of countries seeking to shield their citizens from harmful content online by passing anti-fake news legislation. While critics have focused on the ... ( read original story ...)
Singapore, United States agree to renew MOU on use of military facilities
SINGAPORE — Singapore and the United States on Friday (31 May) agreed to renew a long-standing agreement for the US’ use of military facilities in Singapore. The Memorandum of Understanding (MOU), ... ( read original story ...)
Singapore, US reaffirm bilateral defence relations, agree to renew MOU
during which the two reaffirmed the "excellent and long-standing bilateral defence relations" between Singapore and the United States, according to a Ministry of Defence (MINDEF) news release. The ... ( read original story ...)
Singapore overtakes US, Hong Kong to be world’s most competitive economy
Out of the four key categories that were assessed, Singapore made it to the top five for three of them, namely economic performance (5th), government efficiency (3rd) and business efficiency (5th). ... ( read original story ...)
Singapore Bank Billionaire’s Son Says ‘Why Not’ Let an Outsider Succeed Him
(Bloomberg) -- United Overseas Bank Ltd.’s chief executive officer said he is comfortable going outside his family for a successor to run the lender his grandfather founded more than eight decades ago ... ( read original story ...)
Singapore confronts food crisis with sky farms and lab-grown shrimp
Singapore is widely known as one of the most prosperous economies in the world. With a population of 5.6 million, the island boasts a high-ranking and developed education system, a thriving technology ... ( read original story ...)
DBS Group expects RBI to cut 25 bps at June 6 meet
SINGAPORE: Singapore-based DBS Group expects the Reserve Bank of India's (RBI) rate-setting panel to make a 25-bp cut in the repo rate at the June 6 meeting, taking the total cut to 75 basis points ... ( read original story ...)
IPC Wins Two SBR Technology Excellence Awards 2019
today announces the win of two awards in the Singapore Business Review Technology Excellence Awards 2019. Best Connectivity for Financial Services - Connexus Cloud earned IPC the award for ... ( read original story ...)
A ‘Fake News’ Law Gives Singapore Worrisome Powers
Singapore this month joined the rapidly growing list of countries seeking to shield their citizens from harmful content online by passing anti-fake news legislation. While critics have focused on the ... ( read original story ...)
Vietnam emerges as top electronics manufacturer: Singapore’s DBS bank
Vietnam is poised to become a leading electronics powerhouse in the Association of Southeast Asian Nations, or ASEAN, in the coming years if it sustains its current pace of growth, according to a ... ( read original story ...)
Singapore’s Ohmyhome to help simplify housing transactions in Malaysia
KUALA LUMPUR: Singapore-based property tech startup Ohmyhome is all set to kick off operations in the Klang Valley by the end of June. The firm’s foray into Malaysia marks an ambitious push to ... ( read original story ...)
Woman arrested for allegedly pocketing mobile phone sets worth S$300,000
SINGAPORE: A 38-year-old woman was arrested on Saturday (May 25) after she allegedly pocketed more than 400 sets of mobile phones worth about S$300,000. The police said in a media release that they ... ( read original story ...)
SembMarine is now looking cheap but beware of the risks: OCBC
SINGAPORE (May 30): OCBC Investment Research is maintaining its “hold” call on Sembcorp Marine (SMM) while lowering its fair value estimate to $1.60 from $1.77 previously upon slashing its ... ( read original story ...)
Singapore dethrones US as most competitive economy
Thanks to advanced tech infrastructure, skilled labour, immigration laws, and business efficiency. Singapore ranked as the world's most competitive economy for the first time since 2010, the IMD World ... ( read original story ...)