SINGAPORE: For an art showcase evocatively called An Atlas Of Mirrors, it probably shouldn’t be surprising to come across so many artworks that take its title literally. At this year’s Singapore Biennale, which opened Oct 27 and runs for four months ... ( read original story ...)
OCBC Q3 earnings up 5%, beating forecasts, but asset quality remains stressed
SINGAPORE (REUTERS, BLOOMBERG) - OCBC earnings grew in the third quarter due partly to improved performance of its insurance business, but core banking profit has weakened while asset quality issues persisted. Singapore's second biggest lender said net ... ( read original story ...)
Singapore's UOB profit falls 7.8 percent; bad debt charges jump
SINGAPORE (Reuters) - Singapore's United Overseas Bank (UOBH.SI) posted a 7.8 percent drop in third-quarter net profit on Friday, hurt by a jump in bad debt charges due to losses from its exposure to the oil and gas sector. Singapore banks are facing ... ( read original story ...)
Garbine Muguruza vs Svetlana Kuznetsova WTA Finals Singapore tennis live: Kuznetsova already into semifinals
Svetlana Kuznetsova is already into the semifinals and Garbine Muguruza is already out: Who will find more incentive to win Friday’s WTA Finals Singapore match? It could be a strange match on Friday as Svetlana Kuznetsova, already qualified for the WTA ... ( read original story ...)
Singapore’s Fintech Push
Monetary Authority of Singapore’s “regulatory sandbox” — The country’s financial regulator has taken a liberal approach and announced the creation of a “regulatory sandbox.” This will allow start-ups and existing companies in the financial ... ( read original story ...)
ZEDRA hires from HSBC for new Singapore chief
Independent trust, corporate and fund services firm ZEDRA has hired Wendy Sim to lead the development of its Singapore office, which will additionally support markets in North and South Asia. Independent trust, corporate and fund services firm ZEDRA has ... ( read original story ...)
Stresses for Singaporean Energy Firms Deepening, OCBC CEO Says
OCBC was the first of Singapore’s three large banks to report quarterly profit. United Overseas Bank Ltd. is due to post its results on Friday, while earnings from DBS Group Holdings Ltd., Southeast Asia’s largest lender, are scheduled for Oct. 31. ( read original story ...)
OCBC posts 5% jump in Q3 profit, beating expectations
SINGAPORE: The Oversea-Chinese Banking Corp (OCBC) beat estimates with a 5 per cent rise in quarterly profit in the third quarter of the year, helped by gains from its insurance and wealth management units, according to its financial results released on ... ( read original story ...)
Singapore loses mantle as world's easiest place to do business: World Bank
But who wants to work in new number one, New Zealand? Singapore has conceded its number-one ranking to New Zealand on ease of doing business despite numerous efforts, World Bank study found. In the annual 'Doing Business' report, Singapore was pushed out ... ( read original story ...)
Singapore’s economy may not grow soon: MAS
SINGAPORE: The local economy “is not expected to pick up ... will be largely supported by domestic consumption which tends to be less import-intensive, it noted. In Asia, a similar story of domestic demand cushioning growth amid flagging exports is ... ( read original story ...)
UPDATE 2-Singapore awards LNG import licences to meet future demand
SINGAPORE, Oct 24 Pavilion Gas and Shell Eastern Petroleum have been appointed as importers of liquefied natural gas (LNG) into Singapore, the trade minister said on Monday, as the city-state gears up to take more LNG. Singapore, which relies almost ... ( read original story ...)
Singapore to scale up halal food exports
SINGAPORE: Singaporean Deputy Prime Minister Tharman Shanmugaratnam has recently announced the start of a hub to get the country’s firms into the global halal food market, Straits Times reported. Speaking at a charity gala dinner held by the Singapore ... ( read original story ...)
Singapore awards Pavilion, Shell LNG import permits
Singapore’s Energy Market Authority (EMA) selected Pavilion Gas and Shell as importers of the next tranche of LNG for Singapore. The two companies have been awarded the license each through a two-stage request for proposals (RFP) process carried out to ... ( read original story ...)
Singapore considers more spot LNG imports, developing domestic gas trading market
Singapore has joined the International Energy Agency (IEA) as an association country, the city-state's trade minister said on Monday. Singapore, which relies nearly exclusively on natural gas for electricity generation, now receives takes the bulk of its ... ( read original story ...)
Singapore awards two new LNG import licences to meet future demand
"Singapore fully supports the IEA's new vision to expand its outreach to emerging economies, particularly in Asia", said S Iswaran, Singapore's Minister for Trade and Industry. Singapore, which relies nearly exclusively on natural gas for electricity ... ( read original story ...)
New LNG imports to bring to Singapore gas from US, Australia and Russia, among others
THE start of the new tranche of liquefied natural gas (LNG) imports next year will bring to Singapore gas from the US, Australia, Norway, Russia, Qatar and Brunei. These countries are part of the global LNG supply portfolios of Pavilion Energy and Shell ... ( read original story ...)