A unit of Coastal Oil, Coastal Oil Singapore entered liquidation in December due to the sharp plunge in oil prices. DBS Bank (Hong Kong) and Standard Chartered Hong Kong were among other lenders to th... ( read original story ...)
Liquidation of Coastal Oil Singapore affects at least 10 banks in SG and HK
... at least 10 banks in both Singapore and Hong Kong for some half a billion Singapore dollars. DBS Bank and Standard Chartered were among the lenders affected. It is reported that 60 percent of the ... ( read original story ...)
Allure of cycling on closed roads draws participants to OCBC Cycle 2019
This will be his third straight year participating in the annual OCBC Cycle event, which is into its 11th edition. He said, “I like the event because I’m able to cycle on Singapore roads without other ... ( read original story ...)
Malaysia, Singapore ministers to meet on ‘other bilateral issues’ after ministerial committee talks postponement: Malaysia’s foreign ministry
SINGAPORE: Malaysia’s economic affairs minister Azmin Ali will meet Singapore ministers to discuss “other bilateral issues” following the postponement of the 14th meeting of the Joint Ministerial Comm... ( read original story ...)
Singapore to continue supporting enterprise transfer in this year’s budget: finance minister
SINGAPORE, Jan. 12 (Xinhua) -- Singapore will continue to back up for the better and quicker economic transfer of its enterprises, Finance Minister Heng Swee Keat said here Saturday evening ahead of t... ( read original story ...)
Singapore companies gearing up for hybrid cloud
Singapore enterprises are increasingly in favour of hybrid cloud as they move away from traditional datacentres, a study has found. According to Nutanix’s inaugural Enterprise cloud index, Singapore c... ( read original story ...)
Singapore Postpones Monday’s Meeting With Malaysia After Dispute on Territorial Waters
Singapore and Malaysia agreed to postpone a ministerial meeting amid a dispute on territorial waters, a sign that tensions between the neighbors may be intensifying in spite of efforts to forge closer ... ( read original story ...)
How to Face Singapore Stock Market Volatility
Singapore stocks appear to be the most volatile according to Tradingview. Some stocks fluctuate to over 100% during the day. This is high fluctuation when compared to developed markets where fluctuati... ( read original story ...)
Beginner’s Guide To Investing In Singapore Stocks In 2019
You may have heard stories of people who have been making afortune on the stock market in Singapore. That has probably got you thinking ofhow you can follow the same path and retire early from your re... ( read original story ...)
Singapore utility group rolls out first batch of electric vehicle charging points
Drivers will be able to locate a charging point nearest to their location through SP's mobile app, which also provides updates on the drivers' charging sessions as well as facilitate payment. Elon Mus... ( read original story ...)
Trouble in paradise for Singapore’s policymakers as economic slowdown sets in
SINGAPORE (Jan 11): The headwinds of geopolitical stresses, market turbulence and policy uncertainties in the major global economies are no friend to small, open and trade-dependent Singapore. Apart ... ( read original story ...)
OCBC downgrades SATS back to ‘hold’ due to limited near-term upside
SINGAPORE (Jan 11): OCBC Investment Research is downgrading SATS back to “hold” while raising its fair value to $5.34 from $5.23 previously, after updating its cost of equity (COE) assumptions to fact... ( read original story ...)
HSBC Private Banking in Singapore makes senior appointments
HSBC Private Banking in Singapore announces several key appointments for its investment services and product solutions (ISPS) team. Significantly, this includes two newly created roles: chief market s... ( read original story ...)
2 Reasons Why Long Term Investors Should Consider UOB Now
United Overseas Bank Ltd (SGX: U11), commonly referred to as UOB, is one of the three main local banks listed in Singapore. UOB stocks are currently out of favor among investors; at its current price ... ( read original story ...)
DBS property loans shrunk 40-50% after cooling measures
Since the property cooling measures imposed by the Government was implemented, DBS property loans segment shrunk by 40 to 50 per cent. In July, the Singapore government increased the Additional Buyer’ ... ( read original story ...)
Singapore Air Fires Pilot for Failing Pre-Flight Alcohol Test
(Bloomberg) -- More pilots in Asia are showing up sloshed to work. Singapore Airlines Ltd. became the latest carrier to report dealing with inebriated staff, firing a pilot for failing an alcohol test ... ( read original story ...)