Singapore’s central bank is assessing whether additional regulations are required to protect investors in cryptocurrencies, an official said in a speech released on Thursday. The city-state - which is aiming to be a hub for financial technology and so ... ( read original story ...)
Singapore’s planned terror response stokes concerns over press freedom
The move comes as Singapore considers legislation to fight fake news, which critics say could further hinder press freedom already limited by laws on what may be said or published. Singapore's minister of law, K. Shanmugam, has said that keeping falsehoods ... ( read original story ...)
Microsoft to buy solar power in Singapore in first renewable deal in Asia
SINGAPORE (Reuters) - Microsoft Corp said on Thursday it will buy solar power from the Sunseap Group in Singapore, the technology company’s first renewable energy deal in Asia. Microsoft will purchase 100 percent of the electricity generated from Sunseap ... ( read original story ...)
Alibaba sets up AI research centre in Singapore
Chinese e-commerce giant Alibaba on Wednesday opened an artificial intelligence research institute in Singapore in partnership with a local university, as the battle to develop AI technology heats up. The institute, a tie-up with Nanyang Technological ... ( read original story ...)
Singapore looking at investor protection rules for cryptocurrencies
SINGAPORE (Reuters) - Singapore’s central bank is assessing whether additional regulations are required to protect investors in cryptocurrencies, an official said in a speech on Thursday. The city-state - which is aiming to be a hub for financial ... ( read original story ...)
How did Singapore’s banks fare in 2017?
Amongst the three, OCBC had the best return on equity. The trio of banks in Singapore – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) – make up slightly more than 40% ... ( read original story ...)
“I’m a headhunter in Singapore. I’m now rejecting 100% of overseas job applications”
Singapore’s drive to encourage employers to hire more locals is generally a good thing, but in investment banking it’s having some unwanted consequences. https://news.efinancialcareers.com/sg-en/301800/indian-techie-singapore-employment-pass/ As we all ... ( read original story ...)
Hats off to Singapore for raising taxes
Singapore is moving boldly, and wisely, in a different direction. The government is raising levies on property, goods and services, carbon and certain imported services. Not radically, but assertively nonetheless. A stamp duty rise to 4% from 3% applies ... ( read original story ...)
Singapore’s City Developments focuses on fund management
City Developments, under former CEO Grant Kelley, entered into fund management through three property investment programs, called "Profit Participation Schemes," totaling 3.5 billion Singapore dollars ($2.6 billion). Now Kwek will take the big leap forward. ( read original story ...)
Bombardier Global 7000 Aircraft Mock-up Heads to Singapore for Asia-Pacific Debut
A full-scale mock-up of the Global 7000 aircraft will be on display in Singapore for two weeks as of March 1, offering guests a rare opportunity to experience the unparalleled luxury of this unique business jet – The Bombardier Global 7000 aircraft is in ... ( read original story ...)
Malaysia-Singapore stock market link to benefit retail investors
The Malaysia-Singapore stock market linking proposal is set to benefit retail investors, in particular, says DBS Group Research. “It has the potential to increase securities revenue for the Singapore Exchange (SGX) and generate interest, particularly ... ( read original story ...)
Vingroup picks banks for $1 billion residential property arm IPO: sources
The IPO would follow last year’s listing of Warburg Pincus-backed Vincom Retail JSC VRE.HM, Vietnam’s biggest shopping mall operator and also a unit of Vingroup, which raised roughly $700 million. The participation of Singapore sovereign wealth fund ... ( read original story ...)
Vietnam’s Vingroup picks banks for $1 bln IPO of property unit: Sources
SINGAPORE: Conglomerate Vingroup JSC , Vietnam's biggest property developer, has picked four foreign banks to work on a planned IPO of its residential property unit that could raise about $1 billion, sources familiar with the matter said. Vingroup has ... ( read original story ...)
Singapore: ICA seizes 121 live birds, 4,500 sachets of chewing tobacco at Woodlands Checkpoint
Singapore's Immigration and Checkpoints Authority (ICA ... CITES permits are required for any import, export and re-export of CITES species, including their parts and products. Under the Endangered Species (Import and Export) Act, offenders can be fined ... ( read original story ...)
Singapore’s UOL eager to bulk up overseas property portfolio
SINGAPORE -- Local real estate developer UOL Group is keen to buy more properties overseas, especially in London, as part of an effort to slowly diversify its portfolio. "We are Singapore-centric, but moving forward, we want to move a little bit of our ... ( read original story ...)
Ex-property agents plead guilty to illegal short-term rentals
Nonetheless, she revealed that the company is committed to working with the government in finding a legislative solution that suits the city-state. Interested in renting a property in Singapore? Check out our collection of guides. ( read original story ...)