According to MAS letters of intent, the central bank of Singapore will collaborate with India and South Korea on distributed ledger projects. The first partnership began with authorities from the Indian region of Andhra Pradesh (GoAP). The organizations ... ( read original story ...)
Singapore Michelin-starred food hawker to start chain
A Singapore street-food chef who was awarded a Michelin star this year announced Friday a partnership with a multinational culinary company to offer customers across Asia a taste of his prize-winning braised chicken dish. Chan Hon Meng announced in a joint ... ( read original story ...)
Singapore's Oversea-Chinese Banking profit up 5%; bad debts swell
SINGAPORE -- Oversea-Chinese Banking Corp., Singapore's second-largest bank by assets, said Thursday its net profit rose 5% on the year to 943 million Singapore dollars ($677 million) for the third quarter ending in September. Despite a drop in the bank's ... ( read original story ...)
Rise and… sigh? Being sleepless is big business in Singapore
SINGAPORE: Musician Axel Serik used to be unable to sleep for long stretches, sometimes even more than a week. “It was really, really bad. I remember playing shows many times without sleep and it was horrible,” he said. “I was searching high and low ... ( read original story ...)
5 works to check out at the Singapore Biennale 2016
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 ...)