SINGAPORE — Last year, American law enforcement officials pressed the Swiss bank UBS about Henry Hsiaw, a Taiwan-born American whom they accused of failing to file tax returns. The world has changed since the days when Swiss banks stood as the peak of ... ( read original story ...)
Terrorism In Southeast Asia: Is Singapore In The Crosshairs?
Singapore has not suffered any terrorist attacks since the mid-1990s. Despite the absence of any attacks, Singapore is increasingly vulnerable to terrorism and is a potential target for transnational militant groups from neighbouring countries, insider ... ( read original story ...)
School’s Out: How Singapore Keeps University Reserved for the Elites
That the mergers were done on the basis of protecting elitism was a widely-held belief. On the Facebook page of Singapore’s cable news television Channel NewsAsia, where the news was shared, commentator Alan Wong remarked: “Brilliant move or limiting ... ( read original story ...)
Singapore travel deals and steals: May 11 to 18 (VIDEO)
To celebrate Mother’s Day, YTL Hotels is offering a 72-hour Singapore Residents’ Package ... as well as a free 24” trolley bag with bookings of S$3,800 and up charged to Citibank credit cards (limited to new bookings, while stocks last). ( read original story ...)
Mugabe in Singapore for eye treatment, spokesman says
HARARE Zimbabwean President Robert Mugabe is seeking advanced treatment in Singapore for eye problems caused by old age that can make it look as if he has dozed off in public, his spokesman told a state-owned newspaper. The 93-year-old Mugabe is often ... ( read original story ...)
Exxon Mobil buys Singapore petrochemical plant, boosts output in Asia
SINGAPORE Exxon Mobil Corp (XOM.N) said on Thursday it has reached an agreement to buy a refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore that will boost its output and meet demand in Asia. The company expects to complete the ... ( read original story ...)
An eclectic entrepreneur in Singapore
Elim Chew is one of Singapore's most colourful entrepreneurs. From her days as a hairdresser in London, to running restaurants and farms in Asia, she has some business advice for just about anyone willing to listen. Sharanjit Leyl joined her one morning ... ( read original story ...)
Singapore Morning News For May 11
Singapore can ‘partner China in one belt one road initiativeAs a developed country not short of roads and ports, Singapore may not seem like a natural partner for China’s One Belt, One Road (Obor) initiative, for which infrastructure building is a key ... ( read original story ...)
Mindshare Singapore names new account lead for HSBC
Mindshare has appointed Nick Barger (pictured) as managing partner to lead the agency’s HSBC account. The role is effective immediately and will see him reporting to Melissa Tang, managing director at Mindshare Singapore. Meanwhile, he takes over from ... ( read original story ...)
OCBC says will buy NAB's mortgage portfolio in Singapore, Hong Kong
SINGAPORE Singapore's Overseas-Chinese Banking Corp (OCBC.SI) said on Thursday it will acquire National Australia Bank's (NAB.AX) private wealth business in Singapore and Hong Kong, increasing its mortgage portfolio by around 4 percent. The city-state's ... ( read original story ...)
OCBC Agrees to Buy National Australia Bank Asian Wealth Units
Singapore-based OCBC said the business is made up of a mortgage portfolio of about $1.7 billion and deposits of some $3.05 billion, according to a stock exchange filing Thursday. The purchase price will be determined based on the book value of the NAB ... ( read original story ...)
More consolidation in Asian private banking as OCBC to buy NAB's Singapore and Hong Kong business
Southeast Asia's second largest lender OCBC agrees to buy NAB's private wealth business in Singapore and Hong Kong. Agreement follows several similar deals over the past few years, which saw a few non-Asian banks exiting the region's wealth management ... ( read original story ...)
Here's what it's like to fly first class on Singapore Airlines, one of the best airlines in the world
Breakfast in bed and restaurant dining might not be what you picture when you think of air travel, but in first class on Singapore Airlines, it's all part of the service. The airline, named the third best in the world by consumer-aviation website Skytrax ... ( read original story ...)
Singapore Market May Sputter On Thursday
(RTTNews.com) - Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had moved higher in three straight sessions - advancing almost 25 points or 0.7 percent in that span. The Straits Times Index now rests just beneath the 3,250-point ... ( read original story ...)
Salaries surge at OCBC, but Singapore banks cut headcount
People are getting paid more at OCBC. But Singapore bank results show headcount is falling. http://news.efinancialcareers.com/sg-en/282133/dbs-technology-contractors/ The sudden addition of scores of expensive Barclays bankers to its ranks has helped ... ( read original story ...)
New Report and Forecast on Asia Pacific OTT video from Rethink Technology Research
We have further forecasts for Australia, Korea, Malaysia, Philippines, Singapore, Thailand and Taiwan. This report is essential reading for any company considering entry into these core markets in Asia Pacific. ( read original story ...)