The company, which owns the fibre network that is the foundation of Singapore’s next generation nationwide broadband network, is the broadband unit of telecom company Singtel. The initial public offering (IPO) was two times subscribed with S$4.7 billion ... ( read original story ...)
Singapore offers Manila drones, urban warfare training
Singapore said Wednesday it has offered surveillance drones and urban warfare training to Philippine troops battling Islamist fighters, to prevent the militants becoming entrenched and threatening the rest of Southeast Asia. Philippine troops have been ... ( read original story ...)
Singapore offers cargo plane, drones to help Philippines fight militancy
SINGAPORE (Reuters) - Singapore has offered a military transport airplane, drone surveillance aircraft and use of combat training facilities to support the Philippines' fight against the rising threat of Islamist militancy, the defence ministry said on ... ( read original story ...)
HSBC becomes first banks send FIXML messages over Swift for clearing
Tony Lewis, HSBC Head of Securities Services for Singapore said: “Following a number of successful implementations in the region, it is a pleasure to work with SWIFT and SGX on extending our network to cover all domestic clearing and settlements in ... ( read original story ...)
Singapore economy grows 2.5% on back of robust manufacturing
According to HSBC economist Joseph Incalcaterra, Singapore remains bullish in this sector given the assumption of a strong rebound in industrial production (IP). "Within the advance GDP estimate, the ministry assumes a strong rebound in June IP of ... ( read original story ...)
Things to do in August, 2017: Events, concerts, restaurants, bars and travel destinations to check out next month
One of the many highlights of the Singapore Night Festival 2016 was a block party on Armenian Street. It’s easy to check all of these cool events off your list, when you own the HSBC Advance Credit Card, which offers up to 2.5% cash back on all purchases ... ( read original story ...)
Singapore dodges recession as Q2 GDP gets tech boost, Fed risks eyed
SINGAPORE (Reuters) - Singapore's economy grew in the second ... likely reflecting tepid private consumption and a deceleration in wage growth," HSBC analysts said in a research note. Growth in electronics exports has been one of the highlights of Asia's ... ( read original story ...)
Singapore faces escalating school costs in bid to build a ‘smart nation’
Schooling isn’t cheap in Singapore: not just for citizens ... Parents budget S$70,939 for schooling from primary through tertiary level, according to a survey by HSBC Holdings Plc published in June. But for Singaporean families, the government foots ... ( read original story ...)
Some DBS services down over 2 days in August
SINGAPORE — Customers of Singapore’s largest banking group DBS Bank may experience problems in accessing selected banking services on the DBS network over the first weekend of August, according to an email sent out to the bank’s clients seen by TODAY. ( read original story ...)
Indonesia’s Bank Mandiri makes private banking push in Singapore
JAKARTA (Reuters) - Indonesia's largest bank by assets, PT Bank Mandiri Tbk (BMRI.JK), plans to open a full branch in Singapore as it makes a push into private banking in the city-state by targeting freshly declared wealth under Indonesia's tax amnesty scheme. ( read original story ...)
DBS : to Issue US$500 Million Green Bonds Due 2022
SINGAPORE--DBS Group Holdings Ltd. (D05.SG) Wednesday said it will issue US$500 million worth of green bonds, the first such issuance by the Singapore bank. The bonds, due 2022, will bear a quarterly coupon of three-month 0.62% over and above the U.S ... ( read original story ...)
Singapore artist tops ‘comic book Oscars’ nominations
A Singaporean artist's graphic novel has topped the list of nominations for the Eisners, the Oscars of the comic book world. Sonny Liew tells the BBC about the challenges he faced in making the book, which has been criticised by the Singaporean government ... ( read original story ...)
OCBC looks at using artifical intelligence to profile customer behaviour – and detect fraud
SINGAPORE - OCBC Bank is testing out ways to use artificial intelligence (AI) to build a profile of customer behaviour - and do so thoroughly enough to detect fraud. If the technology proves successful, it could prove to be crucial in the fight against ... ( read original story ...)
Singapore’s first e-commerce marketplace for energy powers up
Singapore began liberalising its energy market in 2001 ... Sustainable energy is not just a tree-hugging, feel-good thing. It’s a very practical business process. Lim said businesses can save about 20 per cent of their electricity bills by switching ... ( read original story ...)
Consolidation Likely For Singapore Stock Market
(RTTNews.com) - The Singapore stock market has moved higher in four straight sessions, advancing almost 100 points or 3 percent in its way to a two-year closing high. The Straits Times Index now rests just above the 3,305-point plateau although investors ... ( read original story ...)
Singapore voids marriage after husband’s sex change: report
Singapore has voided the marriage of a couple after the husband underwent a sex change, making their partnership a same-sex union that contravened the city-state's laws, a report said Tuesday. The couple married as man and woman in 2015 but the husband ... ( read original story ...)