SINGAPORE — DBS Group Holdings and smaller rival United Overseas Bank (UOB) are set to report their lowest quarterly profit in at least two years, hurt by bad loan provisions for a battered oil services sector, a survey of analysts by Reuters has shown. ( read original story ...)
Singapore and Indonesia agree on third maritime border treaty
SINGAPORE: After 10 rounds of discussions over three years, Singapore and Indonesia have agreed on a third maritime border treaty. The two countries’ foreign ministers on Friday (Feb 10) exchanged the Instruments of Ratification for the treaty which will ... ( read original story ...)
Committee on the Future Economy outlines direction for Singapore's economic development
SINGAPORE: The Committee on the Future Economy (CFE) tasked to set the direction for Singapore’s economic development released its report on Thursday (Feb 9), outlining seven strategies for the next decade. Speaking at a press conference, co-chair of the ... ( read original story ...)
Singapore, Indonesia exchange ratification instruments to bring maritime treaty into force
SINGAPORE - A landmark treaty between Singapore and Indonesia that demarcates maritime boundaries in the eastern part of the Strait of Singapore has come into force. Foreign Minister Vivian Balakrishnan and his counterpart, Indonesian Foreign Minister ... ( read original story ...)
Singapore Telecommunications : Singtel Newsstand enhances its data-free offerings with leading SPH lifestyle magazines
02/08 Singapore Telecommunications Ltd. ADR 2017 Q3 - Results - Earnings Call Slide.. 2016 Singtel's (SGAPY) CEO Chua Sock Koong on Q2 2017 Results - Earnings Call Tran.. 2016 Singapore Telecommunications Ltd. ADR 2017 Q2 - Results - Earnings Call Slide.. ( read original story ...)
50 Tankers Idle In Singapore, UAE Ports
Around 50 oil product tankers are idling at the ports of Singapore and Fujairah ... According to lobby group BIMCo, as quoted by Hellenic Shipping News, this January saw the addition of 12 newbuilds to the global VLCC fleet. Maintenance season in the ... ( read original story ...)
How much will it cost to live in Singapore in 2050
Of late, we have been hearing about how Singapore is becoming more and more expensive each year. ECA International, a global HR consultancy firm, published a survey recently on the cost of living in various cities in the world. Unsurprisingly, Singapore's ... ( read original story ...)
Singapore's total fertility rate dipped to 1.20 in 2016
SINGAPORE - Slightly more Singaporeans tied the knot last year but fewer had children, according to latest preliminary figures released on Friday (Feb 10). There were just 68 more marriages, bringing the total to 23,873 unions in which at least one spouse ... ( read original story ...)
Singapore Property Investment: SRX MRT Rule For Investing www.dougleschan.com
Also, we highlight three areas to consider for property investment. These professional are already planning their moves to take advantage of the new MRT Line. Why? Because these professionals subscribe to the MRT Rule for Investing in Singapore Property. ( read original story ...)
Amanda Tan set for professional debut at HSBC Women’s Champions
SINGAPORE — At the 2014 HSBC Women’s Champions, Amanda Tan was an amateur golfer who found herself starstruck by her idols. Come next month, she could go head to head with some of the world’s best female golfers as a pro. Fresh from clinching a ... ( read original story ...)
Singapore banks' sour loans in focus as oil service sector stresses
SINGAPORE Feb 10 Singapore's DBS Group Holdings and smaller rival United Overseas Bank are set to report their lowest quarterly profit in at least two years, hurt by bad loans provisions for a battered oil services sector. Nearly a dozen Singapore-listed ... ( read original story ...)
DBS sells PwC Building in S$747 million deal
SINGAPORE - DBS Group Holdings said on Friday (Feb 10) it has agreed to sell PwC Building at Cross Street to an indirect subsidiary of Manulife Financial Corp in a deal that values the 28-storey office tower at S$747 million. The deal is done through the ... ( read original story ...)
Chart of the Day: Is Singapore mobile penetration strong enough to support fintech?
3G/4G subscribers reached 8.4m in 2016. Singapore's fintech sector is poised for growth, facilitated by its highly mature ICT market and supportive regulatory landscape. According to a report by BMI Research, Singapore has one of the world's most ... ( read original story ...)
Standard Chartered: the digital bank with a human touch
We are now offering credit cardholders in six markets (Singapore, Indonesia, Malaysia, Vietnam, India and the UAE) up to 25 percent cashback for all global Uber rides. This collaboration is part of Standard Chartered’s digital agenda to deliver simple ... ( read original story ...)
Ex-DBS bankers back fintech remittance startup
SINGAPORE - Former DBS bankers are backing a fintech remittance-payments startup with the potential to disrupt the lucrative trillion-dollar global-payments industry. The homegrown fledgling, called SingX, on Thursday billed itself as a cheaper ... ( read original story ...)
Singtel's net profit up 2% in Q3 on strong demand for cybersecurity, home services
SINGAPORE: Singtel on Thursday (Feb 9) reported that its net profit rose 2 per cent year-on-year to S$973 million in the third quarter, due to strong core business and higher contributions from regional mobile associates. However, group revenue fell 1.5 ... ( read original story ...)