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 ...)
Singapore must ‘stand up and be counted’: PM Lee on country’s foreign policy
MUNICH: As a small country, Singapore has to "take the world as it is" but at the same time protect the country's fundamental interests, especially in matters of safety, security, or its position in the world. Prime Minister Lee Hsien Loong said this on ... ( read original story ...)
Swiss Singapore to start naphtha trading in Singapore, may add U.S. office – sources
SINGAPORE, July 11 Commodity trader Swiss Singapore Overseas Enterprises is expanding its trading operations in Singapore and may start an office in the United States by the end of the year, said three industry sources on Tuesday. The company, which is ... ( read original story ...)
Singapore: ‘Strict’ Cybersecurity Bill faces public scrutiny
Singapore’s critical sectors have to remain vigilant as hackers have become more sophisticated. Source: Shutterstock SINGAPORE is getting ready to vote on the proposed Cybersecurity Bill which will impose stricter requirements on critical information ... ( read original story ...)
Temasek’s portfolio seen at record, led by Singapore stocks, China banks
SINGAPORE Singapore state investor Temasek Holdings' assets likely rebounded last year and rose by at least 10 percent to a record, propelled by gains in shares of Chinese banks and domestic companies. One of the world's biggest investors, Temasek [TEM.UL ... ( read original story ...)
DBS India net profit up 50% on strong loan growth
Mumbai: Singapore based DBS Bank said its net profit in India rose to Rs 13 crore in the year ended March 2017 up 50% from Rs 9 crore a year earlier driven by a 24% loan growth and as fee income doubled to Rs 623 crore from Rs 280 crore a year earlier. ( read ...
Mugabe in Singapore again for medical reasons amid concerns
HARARE, Zimbabwe — Zimbabwe’s President Robert Mugabe is in Singapore for medical reasons, prompting opposition figures to question whether the 93-year-old still has the stamina to run the country. State media, quoting an information ministry statement ... ( read original story ...)
DBS Bank of Singapore sees imports rising 9% this year
SINGAPORE: Imports are likely to grow percent to 9 percent this year on sustained domestic demand, although such increase would be slower than the 18.4-percent expansion a year ago, DBS Bank of Singapore said Monday. The bank said in a report the sluggish ... ( read original story ...)
New tech to keep Singapore-Malaysia border – the world’s busiest – safe
Security at Singapore's entry points has been beefed up with facial recognition technology, laboratories that can detect biological threats and even a walk-through system that puffs air at individuals to allow for trace amounts of explosives to be detected. ( read original story ...)
Siemens opens Singapore digital hub to develop smart solutions for businesses
said Siemens in a news release. Key target areas are urban infrastructure, advanced manufacturing and healthcare. The launch of the digitalisation hub took place simultaneously at parallel events in Singapore and at Siemens' headquarters in Munich. ( read original story ...)
Bank recruiter slams “entitlement culture” among Singapore job seekers
I recruit in-house for a US bank in Singapore. Just recently I approached a candidate who had been let go by one of the British banks. She had been out of work for around three months and hadn’t had any promising interviews. Her background was ... ( read original story ...)
APP hires former Singapore army general as sustainability chief
Bernard Tan, who has led Singapore bank DBS’s Indonesian operations since 2009, joins as the annual haze season is due to hit. The Singapore skyline during the haze of 2015. A third of the fires that affected Singapore are believed to have been started ... ( read original story ...)
Pearl Bank Apartments makes 4th attempt at en-bloc sale
SINGAPORE: Pearl Bank Apartments, the iconic horseshoe-shaped building at Outram, is attempting a collective sale for the fourth time. An extraordinary general meeting was held on Saturday (Jul 8), during which Colliers International was appointed ... ( read original story ...)
Singapore releases overarching Cybersecurity Bill for public consultation
SINGAPORE - Critical information infrastructure (CII) owners in Singapore must report security breaches, and cyber-security vendors providing highly sensitive services here will need to be licensed if a proposed Cybersecurity Bill gets the greenlight. The ... ( read original story ...)
3 Things to Know Before the Stock Market Crashes
But other investors might be wondering if we are enjoying too much of a good thing. After all, as history shows, the Singapore stock market has declined from time to time… (This phenomenon is not unique to our local market, of course!) Who is right and ... ( read original story ...)
Singapore Shares May Extend Friday’s Gains
(RTTNews.com) - The Singapore stock market has moved higher in two of three trading days since the end of the three-day slide in which it had surrendered more than 45 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,230-point ... ( read original story ...)