Pharmaceutical shipments can be highly volatile but they did the trick last month, driving Singapore export growth to a seven-month high. Non-oil domestic exports jumped 15.5 per cent over the same month last year, easily trumping economist expectations of ... ( read original story ...)
Grab Clinches Deal With HSBC
Ride-hailing startup Grab has secured a $370 million five-year asset-backed syndicated facility from HSBC Singapore, said to boost the financing of the homegrown company’s vehicle fleet growth in Singapore. According to a statement by HSBC on Sunday ... ( read original story ...)
Singapore Exports Surge
Singapore’s exports grew at a surprisingly robust pace in ... recently saying it would levy additional tariffs on as much as $50-billion worth of Chinese imports. Beijing has responded with similar measures on US products. Although many observers say ... ( read original story ...)
My country wants to go cashless, so I redesigned a digital wallet, DBS PayLah!
Paylah! is a mobile payment solution developed by Development Bank of Singapore (DBS) where transfers are done through a registered mobile number or via QR codes. The app was first introduced as an alternative to internet banking for peer-to-peer transactions. ( read original story ...)
UPDATE 2-U.S. oil slumps as China threatens duty on U.S. crude imports
SINGAPORE, June 18 (Reuters) - U.S. oil prices slumped on Monday after China threatened duties on American crude imports in an escalating trade dispute with Washington. U.S. West Texas Intermediate (WTI) crude futures CLc1 touched their lowest level since ... ( read original story ...)
Bank uses AI to select job candidates
Singapore bank DBS is using artificial intelligence (AI) to screen applicants for wealth management jobs, with the aim of saving 40 man-hours a month. Check out the latest findings on how the hype around artificial intelligence could be sowing damaging ... ( read original story ...)
For South Koreans, Singapore summit was far from a failure
(CNN)We've made much of what President Donald Trump failed to get from Kim Jong Un in Singapore. Those failures would include steps toward verifiable irreversible denuclearization -- and a guarantee of an end to human rights abuses. Those are just a couple ... ( read original story ...)
Singapore housing market recovers, prices could surge 20% this year
Singapore’s housing market is showing signs of recovery from a four-year slump even as officials watch cautiously after previous bouts of overheating. Property prices climbed 3.9 per cent in the first quarter, the biggest gain in almost eight years. ( read original story ...)
Leave Your ATM Cards At Home – NETSPay Now Extended To OCBC And UOB Customers
With the inclusion of OCBC and UOB users, more than 11 million cardholders in Singapore will be able to use NETSPay at more than 105,000 acceptance points island-wide. NETSPay users can store up to 10 ATM bank cards on the app, letting them choose between ... ( read original story ...)
Singapore’s exports surge despite fall in electronics
SINGAPORE (Nikkei Markets) -- Singapore's exports grew at a surprisingly robust pace in May as shipments of items such as pharmaceuticals surged, outweighing the decline in electronics. Still, economists remained cautious about reading too much into the ... ( read original story ...)
Trump slams Schumer criticism of his Singapore deal, offers ferocious defense of his arrangement with Kim
Funny how the Fake News, in a coordinated effort with each other ... The president has pronounced his pride in the deal since he shook hands with Kim in Singapore. The agreement does include the return of the remains of American service members lost ... ( read original story ...)
OCBC, UOB join the NETSPay mobile app
SINGAPORE - OCBC Bank and UOB customers can now digitally store their NETS ATM bankcards on the NETSPay mobile app, NETS announced on Monday (June 18). This allows them to make NETS payments through their mobile phones instead of using their physical NETS ... ( read original story ...)
UPDATE 1-U.S. oil slumps as China threatens duty on U.S. crude imports
SINGAPORE, June 18 (Reuters) - U.S. oil prices slumped on Monday after China threatened duties on American crude imports in an escalating trade dispute with Washington. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.84 a barrel ... ( read original story ...)
Spike in Singapore’s non-oil exports in May
Both electronic and non-electronic re-exports rose. Total trade rose over the year in May, supported by both export and import growth. Singapore-headquartered online media company targeting Indian Diaspora across Singapore, US, UK and Dubai. Connected to ... ( read original story ...)
Singapore May Home Sales Climb to Nine-Month High
Singapore home sales jumped to the highest in nine months in May, underscoring signs the city-state’s property market is recovering. Developers sold 1,121 units last month, the Urban Redevelopment Authority said Monday. That’s more than the revised 732 ... ( read original story ...)
Singapore Exchange India Futures to Continue as Dispute Drags On
(Bloomberg) -- Singapore Exchange Ltd. and National Stock Exchange of India Ltd. will remain partners for a little longer than both anticipated. An arbitrator deciding on a quarrel between the exchanges over Indian stock futures contracts ordered them to ... ( read original story ...)