The Energy Market Authority (EMA) has allowed companies to import spot LNG into Singapore from 2018, but total quantity is capped at 10% of Singapore’s long-term contracted pipeline gas and LNG supply. The terminal is also adding a Wobbe Index correction ... ( read original story ...)
UPDATE 1 -Singapore Feb factory output rises 8.9 pct, tops forecast
SINGAPORE, March 26 (Reuters) - Singapore’s industrial production in February rose more than expected from a year earlier due to a surge in electronics production, data showed on Monday. Manufacturing output rose 8.9 percent last month from a year ... ( read original story ...)
Singapore, Japan fintech associations to work on joint projects
According to the joint statement, the Financial Services Agency of Japan has updated its legislation to enable established banks and non-bank fintech companies to collaborate. In the same vein, the Monetary Authority of Singapore (MAS) established the ... ( read original story ...)
Singapore Fines a UK Bank and the US Imposes a Consent Order on a Chinese Bank: A Tale of Two Enforcement Actions
Less than a week apart, two major financial institutions (“FIs”) have been hit with penalties for failing to implement adequate anti-money laundering (“AML”) protections. But the penalties imposed by the involved regulators are different. ( read original story ...)
Nine heavy hitters who could land you a job at Citi in HK and Singapore
Gupte has been at the helm of the largest foreign bank by headcount in Singapore since 2016 when he took over from the retiring Michael Zink, and Rajesh Mehta (see below) assumed his former role as regional treasury and trade solutions head. Like many ... ( read original story ...)
Luxe up your business trips at Carlton Hotel Singapore
Take things up a notch on your business trip and stay at the ever-stylish Carlton Hotel Singapore In town for a work trip? Here’s why Carlton Hotel Singapore in Bras Basah is a highlight for business travellers Who says you can’t mix business with ... ( read original story ...)
Singapore Airlines takes delivery of 1st 787-10 Dreamliner built exclusively in North Charleston
Singapore Airlines took the first of 49 787-10s it eventually will buy during a nighttime event featuring Boeing and airline executives, local and state business leaders, Singapore's ambassador to the United States and thousands of Dreamliner campus employees. ( read original story ...)
Singapore pharma on recovery path after worst output in decades
SINGAPORE (Reuters) - Singapore's pharmaceuticals business, among the pillars of the city-state's manufacturing sector, is set to return to strength this year as big global drugmakers ramp up output and advance automation at their production sites across ... ( read original story ...)
POSB Bank picks TSLA to lead creative duties
POSB and parent company DBS Bank currently work with a panel of agencies for creative and digital duties. In addition to TSLA, other agencies on the panel include Tribal Worldwide Singapore and Water’s Edge. When contacted by Marketing, a POSB/DBS ... ( read original story ...)
What Can Wall Street Teach Singapore?
The Singapore stock market is finally beginning to get some love again, due largely to impressive global growth and reflation. According to Bloomberg, the city-state’s equity funds grew by some $2 billion in 2017, the highest annual inflows for more than ... ( read original story ...)
Malaysia shares rise, Singapore equities fall after Fed outcome
Malaysia's FBM KLCI index rose 0.6% to 1,876.87, the highest in three years, while Singapore's Straits Times Index declined 0.6% to 3,491.37, after the Fed raised interest rates by a quarter percentage points as expected. The U.S. central bank's policy ... ( read original story ...)
Singapore’s Bourse Is Expanding Its Stock Research Unit
Singapore Exchange Ltd. says the answer is yes ... ASX Ltd., which runs Australia’s largest stock market, funds a program for outside analysts to research under-covered stocks on its venue. The National Stock Exchange of India Ltd. has a similar initiative. ( read original story ...)
DBS launches Electricity Marketplace
Said Jeremy Soo, DBS Head of Consumer Banking Group (Singapore), “DBS Electricity Marketplace exemplifies how we are reimagining banking, using digital technology and innovation to make life simpler for our customers. Through our partnerships with ... ( read original story ...)
UOB in tie-up with state firm to provide financing for infrastructure projects in Indonesia
SINGAPORE - United Overseas Bank (UOB) has signed a memorandum of understanding with an Indonesian state-owned infrastructure financing company, PT Sarana Multi Infrastruktur (Persero) (SMI), to support infrastructure development initiatives in Indonesia ... ( read original story ...)
DBS Live Fresh Card – MoneySmart Review 2018
Until quite recently, I never had any sort of impression of DBS and POSB credit cards. I always associated Singapore’s go-to bank with mundane, workaday cards like the POSB Everyday Card – the basic bro of credit cards. I guess I’m not the only one ... ( read original story ...)
India, Singapore can work on infra financing: Singapore minister
The development of FinTech has opened up new frontiers for cooperation between Singapore and India. SINGAPORE: India and Singapore can work together on infrastructure financing with opportunities to tap into USD 1.5 trillion funding required for ... ( read original story ...)