Football giants Liverpool Football Club and major sponsor Standard Chartered are launching a new interactive tour that will take fans right into the club’s inner sanctum – and Singapore is the first stop. Titled LFC World, it is a totally immersive ... ( read original story ...)
CEO to Step Down From Standard Chartered-Controlled Firm in Indonesia
Mr. Karpinski, who left Standard Chartered’s Singapore private-equity unit to become Maxpower’s CEO last year, will be replaced by Syamsurizal Munaf, a longtime executive in Indonesia’s oil-and-gas industry, a person familiar with the matter said. ( read original story ...)
Flailing export dampens GDP growth outlook
"While the risk of a major global downturn has subsided somewhat, external demand will continue to be uneven across a number of Singapore’s key export markets. In addition, growth in some trading partners, including the US, will be largely supported by ... ( read original story ...)
S’pore exports back in negative territory
SINGAPORE — Exports of locally made goods plunged back into negative territory in September after coming in flat in August, reflecting the global pressures that Singapore’s trade-dependent economy faces. On a year-on-year basis, non-oil domestic ... ( read original story ...)
Singapore’s non-oil exports fall by 4.8%
SINGAPORE: Exports declined less than expected last month but the outlook for Singapore’s small, trade-dependent economy remains gloomy. Non-oil domestic exports (Nodx) fell 4.8 per cent in September compared with the same month a year earlier – a ... ( read original story ...)
Electronics firms to stay upbeat in the next six months
However, the computer peripherals and infocomms & consumer electronics segments expect business situation ... due to lower demand for construction related materials." More From Singapore Business Review Singapore private banks buck the declining trend ... ( read original story ...)
Singapore starts trial of ex-banker linked to 1MDB Fund
SINGAPORE - A private banker charged with money laundering and other offences in connection with the indebted Malaysian state fund 1MDB went on trial in Singapore on Monday. Yeo Jiawei, a former wealth planner at Swiss private bank BSI, is facing 11 ... ( read original story ...)
Success in south-east Asia: four business rules to observe
Dynamic and rich in opportunities, south-east Asia is a fantastic place to do business. However, before you step off your Singapore Airlines flight and kick off a round of meetings in the region, do your homework: if you want to succeed, it’s vital you ... ( read original story ...)
Singapore Airlines launches non-stop routes from Manchester
Singapore Airlines has launched its two new non-stop routes from Manchester with various celebrations at Manchester Airport along with a formal event attended by Aviation Minister, Lord Ahmad. The inaugural flight to Houston departed on Sunday October 30 ... ( read original story ...)
Why Singapore Wants Its Food Courts to Be Run by Machines, Not People
“Productivity is a vital component of growth especially for when labor contribution to growth is declining, especially in advanced economies such as Singapore,” said David Mann, chief economist for Asia at Standard Chartered Plc. “Singapore has been ... ( read original story ...)
OCBC customers can activate fund transfer with their voice via iPhone's Siri
SINGAPORE - OCBC banking customers can now speak to their Apple iPhone to activate a fund transfer. This is possible with the roll out of a new mobile banking feature that takes advantage of Apple's Siri virtual assistant. Fund transfers can also be ... ( read original story ...)
Singapore's DBS pounces on ANZ assets to extend Asia private banking push
SYDNEY/SINGAPORE (Reuters) - DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ. ( read original story ...)
Singapore's DBS extends Asia private banking push with ANZ assets purchase
SYDNEY/SINGAPORE (Reuters) - DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ. ( read original story ...)
Singapore Inc faces $12 billion debt scramble
HONG KONG (Reuters) - Singapore companies, highly exposed to slowing global trade and a lacklustre commodity market, face a financing scramble in 2017, as more than US$12 billion of their bonds falls due and banks grow wary of lending to the resources sector. ( read original story ...)
DBS extends Asia private banking push with ANZ assets purchase
SINGAPORE: DBS Group said on Monday (Oct 31) it plans to buy Australia and New Zealand Banking Group's (ANZ) wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat ... ( read original story ...)
DBS to Buy ANZ’s Wealth, Retail Units in Five Asian Nations
DBS will pay S$110 million ($79 million) above the book value of the businesses, which operate in Singapore, Hong Kong, China, Taiwan and Indonesia, the lender said in a stock-exchange statement. The deal will add S$23 billion of wealth assets to DBS’s ... ( read original story ...)