The latest PMI reading was attributed mainly to faster growth in factory output, as well as higher new orders and new exports, according to results released yesterday by the Singapore Institute of Purchasing and Materials Management (SIPMM), which compiles ... ( read original story ...)
B+H Architects present first Women’s Leadership Forum in Singapore
Chairwoman at Indochina Investment Group Singapore; Mairead Lavery, Senior Vice President Business Development, Export Development Canada; and Marie-Claude Dumas, President Clean Power at SNC-Lavalin, among others. “Women all over the world are ... ( read original story ...)
Exports shrink for first time since November 2016
According to the Department of Statistics, exports to countries such as Japan (-RM1.2 billion), China (-RM931.5 million), Indonesia (-RM918.3 million), Singapore (-RM596.3 million) and Mexico (-RM318.6 million) all declined. Similar to exports, imports too ... ( read original story ...)
Second VLCC export cargo heads to China: In the LOOP
The second direct-to-VLCC export of US crude from the Louisiana Offshore Oil Port ... The delivered price of LOOP Sour crude to North Asia was assessed at $67/b Monday in Singapore, using the assessed value of LOOP Sour crude on Thursday. ( read original story ...)
Indeed launches first SEA technology hub in Singapore
Indeed has launched the first technology hub in South East Asia. Located in Singapore, the new centre joins San Francisco, Seattle, Hyderabad and Tokyo as a key technology centre for the firm. The new hub, Singapore Engineering Centre, is looking to create ... ( read original story ...)
OCBC chief executive Samuel Tsien’s pay rises 15.6% to S$9.69m in 2017
SINGAPORE - OCBC Bank's chief executive Samuel Tsien has got a 15.63 per cent increase in pay in 2017 from a year ago, the bank disclosed in its annual report on Friday (April 6). Mr Tsien received S$9.69 million in 2017. In 2016, his total remuneration ... ( read original story ...)
Singapore Morning News For April 6
Facebook admitted today that 65,009 Facebook users in Singapore may have had their information “improperly shared” with British political consultancy firm, Cambridge Analytica. These accounts are among the up to 87 million Facebook accounts worldwide ... ( read original story ...)
Bank of Thailand governor says accommodative policy needed
SINGAPORE: Thailand’s monetary policy should remain accommodative to nurture the economic recovery and as inflationary pressure remains weak, central bank Governor Veerathai Santiprabhob said. Thailand is still in the “early stage of a recovery of ... ( read original story ...)
Good design thinking ‘critical’ in transforming Singapore again: PM Lee
Speaking at the Singapore University of Technology and Design’s first Ministerial Forum on Thursday (Apr 5), Mr Lee also noted that there are many design issues to think about when reimagining Singapore. Good design thinking was a key reason for ... ( read original story ...)
Singapore calls for more efforts to crowd in private capital on ASEAN infrastructure projects
Heng said that the infrastructure opportunities in ASEAN would require significant financing, when he delivered his keynote speech at the 8th World Bank-Singapore Infrastructure Finance Summit. He quoted Asian Development Bank's report as saying that for ... ( read original story ...)
Is Sun Life Financial Inc. or Bank of Nova Scotia Better for International Exposure?
Through its subsidiaries or partnerships, Sun Life has foreign operations in the U.K., Ireland, Hong Kong, Bermuda, India, Malaysia, Vietnam, the Philippines, Singapore ... the stock provides a yield of 3.5%. Bank of Nova Scotia’s international division ... ( read original story ...)
UN’s top court to hear Malaysia vs Singapore island row
After years of failed negotiations, the parties turned to ICJ, which in 2008 ruled the island belonged to Singapore. Another rocky outcrop called Middle Rocks was found to belong to Malaysia, while a low-tide bank called South Ledge was deemed to be in ... ( read original story ...)
Singapore’s 1Q GDP growth to exceed 4% on-year: Maybank forecasts
SINGAPORE (April 5): Maybank Kim Eng expects Singapore’s central bank to normalise and shift to a “slight appreciation bias” for the S$NEER band from its current neutral stance, which has been in place since April 2016. This comes prior to the MAS ... ( read original story ...)
Venture boss trumps bank CEOs with $12m pay cheque
Chairman and chief executive Wong Ngit Liong's remuneration package - not counting share-based payments - easily trumped the $5.5 million he reaped in 2016 and comfortably eclipsed what Singapore's ... while United Overseas Bank CEO Wee Ee Cheong saw ... ( read original story ...)
UPDATE 1-Four marine refuelling barges seized in Singapore over unpaid debt – source
Vessels seized on behalf of Maybank for unpaid debts - source (Updates to add responses from law firm, bank in 4th paragraph) SINGAPORE, April 5 (Reuters) - Four marine refuelling barges owned and operated by Vermont UM Shipping Pte Ltd were seized in ... ( read original story ...)
5 Things To Know Before Buying a Second Property In Singapore
For a start, here are 5 things you need to cover before you buy your second property in Singapore: 1) Your eligibility to buy ... taken from HDB or banks to purchase HDB flats, the monthly mortgage repayment instalment cannot exceed 30% of a borrower ... ( read original story ...)