Singapore has been a safe harbor – to date – in the volatile Southeast Asian region, which has been plagued by intermittent terrorist attacks. But Lion City has been on high alert and a growing number of its citizens fear that the wealthy city-state ... ( read original story ...)
Singapore president’s car almost fined for breaking traffic rules
In Singapore no one is above the law ... allowed the convoy to come quickly to the scene in the event of an emergency, they added. The online news reported that the police and LTA have reviewed this incident and SecCom officers have been reminded to ... ( read original story ...)
Singapore authorities’ housing market warning may fall on deaf ears
SINGAPORE (Reuters) - Singapore's authorities are concerned the island-state's property market could be setting itself up for a fall. A series of aggressive land deals by developers, against the backdrop of rising apartment sales and the first quarterly ... ( read original story ...)
Singapore’s P2P Lending Platforms and Industry: an Overview
Singapore was ranked the sixth largest market in APAC with a total of US$163.75 million raised in 2016. Southeast Asia’s total alternative finance market reached a record of US$215.94 million in 2016, a 362% growth compared with 2015’s market size of ... ( read original story ...)
Powering S’pore’s growth through green finance
Financial institutions here are doing their bit. Besides the guidelines on responsible financing introduced by the Association of Banks in Singapore in 2015, Second Minister for Finance Lawrence Wong also announced last month that the government will push ... ( read original story ...)
1MDB fallout: Singapore’s central bank bans two more finance professionals
Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. In July, a ... ( read original story ...)
Fintech Singapore 2017 in Review
In addition to collaborating closely with the private sector, the authority has initiated a number of projects of its own to be at the forefront of fintech and digital finance. Year 2017 was all about fostering collaboration, building Singapore’s fintech ... ( read original story ...)
Singapore bans two more finance execs for 1MDB-related money laundering breach
Singapore on Tuesday banned a jailed banker from working in its financial services industry for life over his links to the worldwide money-laundering scandal involving neighbouring Malaysia's state fund 1MDB. In a statement on Tuesday, the MAS said that it ... ( read original story ...)
Four Singapore IPOs raised $3.92b in Q3
NetLink NBN Trust's $2.3b "megadeal" boosted the lineup. Four initial public offerings (IPO) in Singapore raised up to $3.92b (US$2.9b) in Q3, which is 566% higher than last year's amount. According to Ernst and Young (EY), NetLink NBN Trust's $2.3b (US$1 ... ( read original story ...)
Bank of Singapore hires bankers to manage Middle East, Indian money
SINGAPORE (BLOOMBERG) - The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore ... ( read original story ...)
Eyeing overseas Indian wealth, Bank of Singapore to expand Dubai office
The private-banking arm of Oversea-Chinese Banking Corporation is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire ... ( read original story ...)
Review: Singapore Airlines A380 Business Class JFK-FRA
This Review of Singapore Airlines A380 Business Class is from my recent JFK to Frankfurt flight. I hadn't flown Singapore Business Class for over 4 years, and knew not to expect anything close to the service and accommodations of Singapore Suites. ( read original story ...)
A café opened in Singapore that accepts bitcoin instead of cash and has a cryptocurrency ATM for people running low
and each coin is now worth about 0.13 of a Singapore dollar, or $0.10, Tome added. With an in-store cryptocurrency ATM, customers can make cash-to-bitcoin deposits while waiting for their coffee and sandwich at the café. Business Insider visited Ducatus ... ( read original story ...)
Singapore cryptocurrency cafe launches as regulators sound warnings
SINGAPORE (Reuters) - Just a street away from Singapore's central bank, a cryptocurrency firm has set up what it claims is the first cafe in the city-state to be owned and operated by a business promoting its own digital coin. The downtown pitstop, which ... ( read original story ...)
5 Facts About Singapore-Listed REITs
Singaporeans love to invest in real estate. It is, therefore, no surprise that real estate investment trusts (REITs) have been a popular investment vehicle in Singapore since its debut in 2002. Without further ado, here are five interesting facts about ... ( read original story ...)
Singapore Central Bank Urges ‘Extreme Caution’ on Bitcoin Investment
The Monetary Authority of Singapore (MAS), the country’s de facto central bank, has become the latest financial watchdog to issue a warning on the risks of investing in cryptocurrencies. Citing the recent “speculative” escalation in prices across ... ( read original story ...)