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Venture, recent IPOs among changes to MSCI, FTSE indices
SINGAPORE - Electronics manufacturer Venture Corp has been added to two stock indices, and removed from one after mid-year reviews by index providers MSCI and FTSE. The firm is now included in the MSCI Singapore Index, as well as the FTSE Value-Stocks ... ( read original story ...)
MyRepublic launches first mobile plans for supporters, won’t charge for excess data usage
In its foray into mobile services, Singapore fibre broadband operator MyRepublic launched its first two mobile plans exclusively for its subscribers and supporters on Wednesday (16 May). MyRepublic, which recently announced a tie-up with local telco ... ( read original story ...)
Singapore Exchange : Tel-Aviv Stock Exchange Establish Partnership to Grow Cross-Border Capital Raising Opportunities for Technology Companies
TEL AVIV, Israel, May 15-- The Tel-Aviv Stock Exchange issued the following news release: Singapore Exchange (SGX) and The Tel-Aviv Stock Exchange (TASE) today announced that they have established a partnership focused on growing capital raising ... ( read original story ...)
This Singapore bank is best-placed to cash in on the property boom
It has the greatest percentage share exposure to housing loans at 27.6%. UOB may be in the best position to take advantage of the recent pickup in the residential property market, according to RHB Research, as it has the greatest percentage share exposure ... ( read original story ...)
New Singapore anti-terror law can order media blackout
SINGAPORE – Singapore has introduced a law that gives the police special powers during terrorist attacks, including widely banning journalists and members of the public from reporting on the scene. The law, which took effect on Wednesday, has the power ... ( read original story ...)
UOB Indonesia announces Painting of the Year competition
The first Painting of the Year competition was held in Singapore in 1982 and began in Indonesia in 2011. UOB Indonesia president director Kevin Lam said art plays an important role in enriching people’s lives while also strengthening community ties. ( read original story ...)
U.S.-China trade fears halt soybean imports
Singapore/Beijing | Reuters — China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum ... ( read original story ...)
Singapore Crime Busters Tackle 1MDB to Penny Stocks: QuickTake
At stake is the Southeast Asian nation’s reputation as a safe -- and responsible -- hub for finance and business. 1. Is white-collar crime a particular problem? Singapore ranks among the least corrupt nations globally, but it’s surrounded by countries ... ( read original story ...)
Singapore: China Taisan Technology Group Holdings Ltd (CTTG:SI) Stock Technicals
Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.05. The projected lower bound is: 0.02. The projected closing price is: 0.04. A big white candle occurred. ( read original story ...)
First Singapore mission to Colombo in new FTA era says leveraging Sri Lanka for South Asia
The trade balance is in favour of Singapore at a 5.3 import to export ratio. Despite this, year on year exports have more than doubled last year-from 2016’s $108 Million to $221 Mn in 2017. In the corresponding period, imports to Sri Lanka from S’pore ... ( read original story ...)
ICO boom threatens Singapore’s VC scene
With a strong pipeline of ICOs in the city, analysts question the future role of venture capital firms. Venture capital activity in Singapore will remain robust for the rest of 2018 due to the launch of more early-stage (seed and Series A) corporate ... ( read original story ...)
Singapore’s biggest bank takes on China giants in fintech battle
SINGAPORE (May 15): Piyush Gupta sees himself as uncomfortably close to the action in the battle between traditional banks and China’s insurgent fintech giants. The chief executive officer of Singapore’s DBS Group Holdings Ltd has been trying to re ... ( read original story ...)
Meet the man whose website is revolutionising Singapore’s ‘inefficient’ property market
Singapore’s real estate market was a vexing obstacle to navigate until Darius Cheung, CEO and co-founder of the country’s homegrown housing website 99.co, helped transform the market with a user-focused approach to home hunting 99.co co-founder and CEO ... ( read original story ...)
Shophouses’ rising yields lure Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Singapore Shares May Reverse Monday’s Losses
The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,560-point plateau although it ... ( read original story ...)