Guess which bank had the highest income for the period. According to the Singapore Exchange (SGX), for the first three quarters of 2017, the three Singapore banks have averaged 6% YoY growth in net profit. Here's more from SGX: DBS’ total income and ... ( read original story ...)
Singapore shares open 0.4% up on Friday
SINGAPORE - Local stocks opened 0.4 per cent higher on Friday (Dec 1), in line with US stocks overnight, with the Straits Times Index moving up 13.62 points to 3,447.16 as at 9.12am. About 125.6 million shares worth S$280.6 million in total changed hands ... ( read original story ...)
A rising global hub: Why more people are doing business in Singapore
It is the legal jurisdiction with the right balance of things to provide a good home for their investments. Such destination can serve as a vehicle and legal base for international equity investments, or a regional hub – or even a new home for HNWIs. ( read original story ...)
Singapore Investor Conference Puts Media Ethics Top of the Agenda
The debut edition of the Media Investors’ Summit conference in Singapore on Thursday made morals, not money, its centerpiece. “A failure to address the lack of ethics can come back to bite us commercially,” said noted Singapore producer Chan Gin Kai ... ( read original story ...)
Singapore IMDA Chief Explains New Initiatives
After taking office in January, Tan Kiat How, CEO of Singapore’s Infocomm Media Development Authority spoke to Variety at the Singapore Media Festival. He discussed new initiatives and the performance of existing ones. Variety: What new initiatives the ... ( read original story ...)
New Technology, New Look Highlight 13th Texas Chicken® Opening in Singapore
Restaurant Relocation and Remodel at Changi Airport Showcasing Latest Innovations for Brand ATLANTA, Nov. 30, 2017 /PRNewswire/ -- On Tuesday morning, October 31 st, the 13 th Singapore restaurant location for Texas Chicken® opened at Changi Airport in ... ( read original story ...)
Standard Chartered Singapore Marathon: Traffic arrangements
The police have announced road closures for the Standard Chartered Singapore Marathon on Sunday (Dec 3) and the Kids Dash will be held on Saturday. Many roads along the full marathon, half marathon and 10km race courses will be affected before, during and ... ( read original story ...)
Singapore and Denmark can work more closely together in smart cities, maritime innovation
SINGAPORE - When Prime Minister Lee Hsien Loong visited the Danish capital of Copenhagen in 2009 for a climate change conference, he was struck by the sight of people cycling after sunset in the depths of a freezing winter. "I concluded that if the Danes ... ( read original story ...)
Singapore’s first family feud over ‘big brother’
One of the sons of Singapore’s founding father Lee Kuan Yew has announced that he was leaving the country “for the foreseeable future” after he and his sister said they had lost confidence in the leadership of their brother Lee Hsien Loong, Singapore ... ( read original story ...)
The Singapore Stock Market Today: No Signboard Holdings Ltd and Cromwell European REIT Go Public
Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Singapore stock market, as represented by the Straits Times Index (SGX: ^STI), finished Thursday flat at 3,437.50 points. The biggest winner ... ( read original story ...)
DBS : Bank accelerates digitalisation transformation with robotics programme
In June, IBM helped DBS set up the COE. Since then, DBS has already optimised more than 50 complex business processes across the bank. Having commenced in Singapore, the RPA programme will now be progressively implemented in other markets including Hong ... ( read original story ...)
Singapore central bank warns of ‘excessive exuberance’ in property market
SINGAPORE (Reuters) - Singapore's central bank warned on Thursday of "excessive exuberance" in the city-state's private housing market, adding that it would take action, if needed, to maintain market stability. Developers have actively taken part in ... ( read original story ...)
Singapore central bank says recent property market developments may pose risks
SINGAPORE (Reuters) - Singapore's central bank warned on Thursday that an expected burst of new supply in the city-state's private housing market could pose risks to sustainable conditions, adding that it would take action, if needed, to maintain market ... ( read original story ...)
Singapore October bank lending up 1.4%: MAS
SINGAPORE - Total bank lending in October climbed 1.4 per cent from September, on the back of higher loans to financial institutions. Total domestic banking unit loans amounted to S$649.56 billion last month, up from S$640.68 billion in September ... ( read original story ...)
Singapore Chili Crabs Reign as Jumbo Wins Restaurant IPO Battle
The debate over Singapore’s favorite crab dish may be settled -- at least on the trading floor. Shares of restaurant chain No Signboard Holdings Ltd., known in the city-state for its signature white pepper crab dish, jumped 11 percent on its debut ... ( read original story ...)
Singapore Property Prices Vulnerable to Rising Supply
The rising supply of homes and slowing population growth may undermine the recent recovery in Singapore residential property prices, the country’s central bank said. Future development projects could potentially add 20,000 private housing units over the ... ( read original story ...)