SINGAPORE: The sweeping trade deal signed yesterday in Chile has unlocked considerable potential for Singapore firms, the Ministry of Trade and Industry (MTI) said yesterday. Minister for Trade and Industry (Trade) Lim Hng Kiang, who was in Santiago for th ... ( read original story ...)
HSBC launches Singdollar income bond fund
HSBC Global Asset Management yesterday said it has launched its first dedicated Singapore dollar income bond fund for retail investors here. The minimum investment sum stands at $1,000, and investors may buy into the fund at any HSBC retail banking branch ... ( read original story ...)
Man jailed 2 months for illegally importing 80 corals
SINGAPORE - A man was sentenced to two months' jail on Wednesday (March 7) for illegally importing corals. Cheng Yee Yong, 39, committed the offence last year. A total of 75 hard corals and five soft corals wrapped in plastic bags lined with paper and ... ( read original story ...)
RPT-China’s palm oil imports seen waning on record soybean buys – officials
"Rapeseed oil demand will increase as it becomes cheaper.There is parity to import canola oil from Canada as there aregood margins," said one trader in Singapore. "They have bumper(canola) crops in most areas of Canada and Australia, so theseed becomes ... ( read original story ...)
First Resources Ltd’s Stock Is Near A 52-Week Low Now: Is It A Bargain?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). First Resources currently has ... ( read original story ...)
SIIC stock to start Hong Kong trading on March 23 after getting in-principle nod for dual listing
... Singapore-listed SIIC Environment has received in-principle approval from the Stock Exchange of Hong Kong for a dual primary listing in the Chinese territory. Trading in Hong Kong is now expected to begin when the Hong Kong market opens on March 23. ( read original story ...)
Singapore boosts taxes to shore up revenue for aging nation
(Photographer: Sanjit Das/Bloomberg) SINGAPORE Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population. ( read original story ...)
Singapore Exchange brings dual-class IPO battle to Hong Kong, offers better listing terms
Singapore Exchange (SGX) expects to let the first company with a dual-class share structure list in the second half of this year as it looks to complement the Chinese onshore and Asian capital markets in allowing tech firms to raise funds, bourse officials ... ( read original story ...)
Singapore highlights risks in HK in bid to attract Chinese IPOs
Singapore Exchange officials have a clear pitch to Chinese companies looking to go public: “We are not China.” The line — implying that Singapore is protected from the political reach of China but Hong Kong is not — is part of the accelerating ... ( read original story ...)
JD.com-backed Sasseur REIT to list on SGX; IPO to raise $396 mil
SINGAPORE (Mar 9): Sasseur REIT ... The REIT plans to raise $396 million in its initial public offering (IPO) that comprises 495 million units, representing. 42% of the issuer’s post-listing stock of 1.18 billion units, at 80 cents per unit, giving ... ( read original story ...)
Bank of Singapore hires Anthony Simcic as managing director of international team
SINGAPORE - Bank of Singapore, the private banking subsidiary of OCBC Bank, on Friday (March 9) announced the hiring of Anthony Simcic as managing director of its international team. Mr Simcic - who has more than 18 years of banking experience - will join ... ( read original story ...)
Singapore inks new TPP trade pact with 10 other countries
SINGAPORE: Moving along without the United States, the remaining 11 countries of the Trans-Pacific Partnership (TPP) on Thursday (Mar 8) signed a new version of the multilateral trade pact, resuscitating a landmark deal that would slash tariffs and foster ... ( read original story ...)
Growth of Singapore’s women start up founders slowed down to 22%
Women in Singapore continue to be weighed down by their protracted challenges in achieving work-life balance. The rate of Singapore’s women entrepreneurs doing startup activity went down to 22%, indicating a widening gender divide in the country ... ( read original story ...)
Singapore Market May Find Renewed Selling Pressure
(RTTNews) - The Singapore stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had tumbled more than 120 points or 3.5 percent. The Straits Times Index now rests just above the 3,480-point ... ( read original story ...)
Reebok LES MILLS LIVE in Singapore for the First Time
SINGAPORE, March 9, 2018 /PRNewswire/ -- For the first time ever, the internationally famed exercise-to-music fitness programs, Reebok LES MILLS LIVE, will offer fitness fanatics in Singapore the chance to work out together with the LES MILLS family ... ( read original story ...)
1,400 people from Singapore have US$50m or more in net assets
Singapore’s ultra-wealthy population surged to 1,400 individuals ... which is lifting GDP as well as stock and property markets. ( read original story ...)