SINGAPORE (Reuters) - Strong airline profits and higher defense spending have boosted the outlook for aerospace firms gathering for next week’s Singapore Airshow, but after a surge of activity in 2017 the event is expected to produce few big-ticket ... ( read original story ...)
Bank lending ends flat in December
Bank lending in Singapore closed last year on a flat note, reflecting the contraction in lending in key business segments that included finance, construction and trade. Loans through the domestic banking unit - which captures lending in all currencies ... ( read original story ...)
Mobile payment adoption in Singapore is on the rise despite security concerns
Singapore's usage of mobile payments has grown by 53% since 2017. As Singapore strives to become a cashless economy, usage of mobile payments is on rise, growing by 53% since 2017 which is significantly higher than in the United States (23%) and Australia ... ( read original story ...)
Singapore’s mountain of e-waste
In the 10 minutes you take to read this article, roughly 1,141kg of electrical and electronic items would have been thrown away by people and companies across Singapore. That is the weight of around 7,610 mobile phones. In a year, this figure balloons to ... ( read original story ...)
Youtap Announces New Singapore Corporate Headquarters
SINGAPORE, Jan. 25, 2018 /PRNewswire/ Youtap, a leading mobile financial services company for contactless mobile money payments and financial services in EMEA & Asia, has relocated its corporate headquarters to Singapore. The decision to relocate their ... ( read original story ...)
Singapore: Eating her curries and kway
Hawker centres are a hallmark of eating out in Malaysia, Singapore and Hong Kong. These open-air food halls with shared seating offer a more sanitised option to alfresco dining and mobile street food shops. In the Wok ‘n’ Stroll Hawker Discovery tour ... ( read original story ...)
Mobile payment app SpherePay raises $10m for Southeast Asia expansion
SpherePay, the Singapore-based mobile payment app, has completed a fundraising round of over $10m from undisclosed investors as it looks to become one of the top three payment platforms in Southeast Asia. The company claims to serve over five million users ... ( read original story ...)
Singapore’s SpherePay app raises $10 Million in funding
The operators of SpherePay, a Singapore-based mobile payment app, have raised more than US$10 million from investors, whose names not been disclosed “due to ongoing developments”. The firm said the funding and a strategic partnership with oBike place ... ( read original story ...)
M1, ATMRI to Work on Mobile Phone Network for Drones
The 4.5 HetNet provides secure mobile connectivity that allows drones to fly out of visual range in an urban environment. “NTU Singapore is at the forefront in both autonomous vehicles as well as air traffic management research,” said NTU Singapore ... ( read original story ...)
Singapore’s SpherePay completes $10 million funding round
SpherePay, Singapore's homegrown mobile payment app, announced today that it has completed its fundraising exercise which saw the company raising over USD 10 million. It has not disclosed the name of investors due to on-going developments. With this latest ... ( read original story ...)
Singapore’s Love, Bonito raises US$13M to expand its online womenswear business in APAC
The online fashion brand has both online and retail presence in Singapore, Malaysia, Indonesia and Cambodia, in addition to shipping internationally Singapore’s home-grown digital-first womenswear label —Love, Bonito — today announced that it has ... ( read original story ...)
Singapore wants closer ties with Sabah, Sarawak
SINGAPORE: Singapore Prime Minister Lee Hsien Loong has expressed interest in developing closer relation between the island republic and East Malaysia. “A lot of business can be done between Sabah and Singapore,” he said during a courtesy call by a ... ( read original story ...)
STB unveils “Singapore is boring” video in response to Time Out survey
The Singapore Tourism Board has released a “Singapore is boring” promotional video in response to a Time Out survey that showed the Republic was second to last among exciting cities in the world. In the self-deprecating video posted on the ... ( read original story ...)
Singapore Property Rebound Has Frasers’ CEO Chasing More Land
Singapore’s property rebound has the son of Thai billionaire Charoen Sirivadhanabhakdi chasing more land in the city-state, adding to signs the market is emerging from a four-year slump. Frasers Property Ltd. in December paid S$955.4 million ($727 ... ( read original story ...)
Singapore’s playground for the rich
Measuring just 5 sq km, Sentosa is a niche market. Offering a resort lifestyle just a bridge away from the city, Sentosa is the only place in Singapore that foreigners can buy landed property. Once a Malay graveyard and a British military base in the ... ( read original story ...)
These three charts show how Mapletree Logistics Trust manages business
But, the REIT’s business is still concentrated mainly in the Asia-Pacific region, with Singapore, Japan, and Hong Kong accounting for 70.6% of its revenue. The lease expiry profile of a REIT is important, as it can give us clues on the stability of a ... ( read original story ...)