Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. After staging concerts in Singapore for the past two decades, the city-state’s best-performing initial public offering this year is taking its entertainment on the ... ( read original story ...)
Singapore IPO activity this year poised to surpass 2016 levels
There was quite a number of successful Initial Public Offerings (IPO) in Singapore for the first half of the year, and this could spell a stellar overall IPO activity for 2017. According to the latest figures by PwC Singapore, IPOs for 1H17 raised US$329m. ( read original story ...)
Singapore banker admits to laundering in 1MDB case
SINGAPORE -- A former banker serving a jail term for witness tampering in Singapore’s investigation of 1Malaysia Development Bhd, Yeo Jiawei, has admitted to money laundering. Yeo also pleaded guilty on Wednesday to cheating his former employer. He was ... ( read original story ...)
Singapore banker admits to money laundering in 1MDB linked case
SINGAPORE: Yeo Jiawei, a former banker serving the longest jail term in Singapore’s probes linked to 1Malaysia Development Bhd., admitted to money laundering. Yeo, who also pleaded guilty Wednesday to cheating his former employer, was handed a 30-month ... ( read original story ...)
Singapore urged to halt Malaysian drug convict’s execution
Human rights activists have urged Singapore to halt the looming execution of a Malaysian drug trafficker, citing a pending appeal in his home country and alleged flaws in his trial. Prabagaran Srivijayan was sentenced to death in 2012 for trafficking 22.24 ... ( read original story ...)
Cambodia bans sand exports after environmental group pressure
PHNOM PENH — Cambodia has banned all sand exports on environmental grounds, the Ministry of Mines and Energy said on Wednesday (July 12), officially ending the sale of sand to Singapore which has for years used it to reclaim land along its coasts. ( read original story ...)
Cambodia bans sand exports after activist group pressure
PHNOM PENH -- Cambodia has banned all sand exports on environmental grounds, the Ministry of Mines and Energy said on Wednesday, officially ending the sale of sand to Singapore which has for years used it to reclaim land along its coasts. The ministry said ... ( read original story ...)
Singapore ready for ‘automatic exchange of financial account information’ relationship with Indonesia: MOF
JAKARTA - Singapore is ready to have an Automatic Exchange of Financial Account Information (AEOI) relationship with Indonesia, said the city-state's Ministry of Finance (MOF). "This is in line with our consistent position for a level playing field with ... ( read original story ...)
Singapore Restaurant Festival 2017 – 30% Savings At Top Restaurants
DBS and POSB cardmembers are entitled to purchase the Singapore Restaurant Festival Dining Voucher Set worth $100 at a discounted price of $70, redeemable at over 200 participating restaurants. That’s a whopping 30% discount! The vouchers come in ... ( read original story ...)
Seven big new trends shaking up Singapore banking jobs
Here’s what’s shaping the banking job market in Singapore right now. http://news.efinancialcareers.com/sg-en/289569/entitlement-culture-singapore-bankers/ We’re into the second half of the year. This is not traditionally the best time to look for a ... ( read original story ...)
Singapore sentences ex-BSI banker to additional jail time
SINGAPORE (Reuters) - A Singapore court jailed a former wealth manager of Swiss bank BSI for four and a half years on Wednesday for money laundering and cheating in a case linked to an investigation involving the Malaysian fund 1MDB. The former banker ... ( read original story ...)
Singapore, UK, New Zealand, and UAE among World’s Stand Out Digital Economies
(Graphic: Business Wire) The research identifies Singapore, the United Kingdom, New Zealand, the United Arab Emirates, Estonia, Hong Kong, Japan, and Israel as digital elites characterized by high levels of digital development and a fast rate of digital ... ( read original story ...)
Singapore Stock Market Inherits Flat Lead
(RTTNews.com) - The Singapore stock market on Tuesday wrote a finish to the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,220-point plateau and it figures to see a ... ( read original story ...)
Commentary: What London can learn from Singapore’s high-rise living
SINGAPORE: Hawker centres, the outdoor food courts where locals gather for cheap evening meals, are the heart of most Singapore neighbourhoods. There is one close to my house, where families sit chatting on brightly coloured benches as dusk falls, ordering ... ( read original story ...)
Indonesia to bring home tax money parked in Singapore
Read also: Repatriated funds from Singapore reaches Rp 84.52 trillion Finance Minister Sri Mulyani Indrawati received the offer from Singapore on the sidelines of the G20 Summit in Germany last week. “This is a positive. I will follow up so that we can ... ( read original story ...)
Singapore unveils first look at new cybersecurity laws
Singapore has unveiled the first draft of a proposed cybersecurity bill, which aims to provide a framework to monitor and manage the country's cybersecurity wellbeing and empower authorities to carry out their functions. New legislations were necessary to ... ( read original story ...)