Asset and Liability Management, Fund Transfer Pricing, and Liquidity Management SINGAPORE, Nov 14, 2017 - (ACN Newswire) - Hong Leong Finance Ltd has implemented an integrated risk management solution from Kamakura Co for its balance sheet management ... ( read original story ...)
Singapore, Hong Kong monetary authorizes exchange MoU on digitalizing trade
The goal of the project is to build an information highway using distributed ledger technology between the National Trade Platform in Singapore and the Hong Kong Trade Finance Platform, which will make cross-border trade and financing cheaper, safer ... ( read original story ...)
India, Singapore discuss ways to strengthen trade ties
Singapore: Finance Arun Jaitley today called on Prime Minister Lee Hsien Loong and discussed ways to strengthen economic ties between the two countries, an official release said. Both the leaders recalled the shared history of the countries, rooted in ... ( read original story ...)
DBS sees double-digit growth from consumer and SME business in S’pore, HK: CEO
SINGAPORE - DBS Group Holdings expects income from its consumer and SME (small and medium enterprise) business in Singapore and Hong Kong to grow at a double-digit pace, and to potentially contribute 50 per cent of total income in five years, chief ... ( read original story ...)
Singapore October exports rise most in 2-1/2 years, China sales soar
SINGAPORE (Reuters) - Singapore’s exports rose the most in 2-1/2 years in October, well over double expectations as surging sales to China helped more than recoup a decline the month before in a boost to the trade-dependent economy. The affluent city ... ( read original story ...)
Singapore Oct exports rise most in 2-1/2 yrs, China sales soar
SINGAPORE, Nov 17 (Reuters) - Singapore's exports rose the most in 2-1/2 years in October, well over double expectations as surging sales to China helped more than recoup a decline the month before in a boost to the trade-dependent economy. The affluent ... ( read original story ...)
Train crash in Singapore has Edmonton city councillors thinking about Metro Line problems
City councillors were shaking their heads after reports about a a crash on a commuter train line in Singapore on Wednesday suggested it ... Is this a similar arrangement?” Channel News Asia reports 36 people were injured in the crash when one train ... ( read original story ...)
Singapore Business Review Profiles Aditus Co-Founder
Julian Peh has a 15-year history of developing and launching luxury marketing platforms that include websites, apps, and rewards programmes. He previously founded and built Luxury Insider, which turned into one of the leading luxury portals in Asia before ... ( read original story ...)
Andaz Singapore Opens Doors as First Andaz Hotel in Southeast Asia
The hotel is a short 20-minute drive from Changi Airport and only a five-minute drive to Singapore’s Central Business District. “We are extremely excited to open Andaz Singapore and to bring the inspirational and creative Andaz brand to Southeast Asia ... ( read original story ...)
A Chicago trading firm is setting up shop in Singapore to dominate the bitcoin market in Asia
The firm told Business Insider it sees a huge opportunity in Asia for over-the-counter trading. The Asian-outpost will be based in Singapore, but will serve all of Asia and enable the firm to operate as a global, around-the-clock business. DRW ... ( read original story ...)
Quek/Kwek family sees wealth soar to $23.3 billion – here are Malaysia and Singapore’s richest families in 2017
Quek oversees Malaysia’s operations for Hong Leong Group while Kwek runs the Singapore business. Reuters and The Straits Times Malaysia’s Quek/Kwek family of the Hong Leong Group is again the seventh richest family in Asia after gaining $4.8 billion ... ( read original story ...)
Electronics surge tipped to continue next year
Electronics manufacturers in Singapore are looking to another strong year in 2018, after a slew of new product launches - including the iPhone X - helped lift growth in the sector this year. Manufacturing, which makes up a fifth of the Singapore economy ... ( read original story ...)
Singapore Oct exports surge almost 21 pct y/y, top f’cast; China sales strong
SINGAPORE, Nov 17 (Reuters) - Singapore’s non-oil domestic exports (NODX) rose at a much stronger pace than expected in October, thanks to growth in both electronics and non-electronic sectors, official data showed on Friday. Exports increased 20.9 ... ( read original story ...)
Singapore non-oil domestic exports beat expectations to rebound by 20.9% in October
The strong showing in Nodx comes as manufacturers here continue to benefit from a pick-up in global demand, especially for electronics-related shipments. The sector makes up a fifth of the Singapore economy and has been its brightest spot this year. ( read original story ...)
Deciding between HDB loans and bank loans? Here’s a quick reference.
At present, this is 2.6 per cent per annum. Bank loan rates are more variable. There is no perpetual fixed rate home loan in Singapore. Bank interest rates are mainly determined in three ways: Singapore Interbank Offered Rate (SIBOR) loan packages Swap ... ( read original story ...)
Singapore Bank Consortium Releases Blockchain Prototypes to Promote Faster Intra-Bank Payments
Monetary Authority of Singapore (MAS) managing director Ravi Menon told the Singapore Fintech Festival yesterday that the move is one of several Singapore is taking to further its Smart Nation agenda. In the area of retail payments, the MAS and the Bank of ... ( read original story ...)