China has allocated 19.33 million mt of oil product export quotas under the general trade route to the country's five state-owned oil companies -- CNPC, Sinopec, CNOOC, Sinochem and China National Aviation Fuel, market sources said late Sunday. The new ... ( read original story ...)
StarHub : MyRepublic partners Starhub to offer mobile services
Fibre broadband company MyRepublic has partnered local telecommunications firm Starhub to offer mobile services in Singapore. The Mobile Virtual Network Operator (MVNO) partnership will enable MyRepublic to utilise StarHubs mobile network infrastructure ... ( read original story ...)
Singtel Group to bring ONE Championship’s martial arts content to mobile customers
Singapore – Singtel and its mobile associates Globe and Telkomsel today signed a Memorandum of Understanding to collaborate with ONE Championship, the world’s largest martial arts organisation, to deliver martial arts-related content and other digital ... ( read original story ...)
MyRepublic partners Starhub to offer mobile services
Fibre broadband company MyRepublic has partnered local telecommunications firm Starhub to offer mobile services in Singapore. The Mobile Virtual Network Operator (MVNO) partnership will enable MyRepublic to utilise StarHub’s mobile network ... ( read original story ...)
MyRepublic to offer mobile services as virtual operator after tie-up with StarHub
Fibre broadband operator MyRepublic will be offering mobile services in Singapore in the months ahead, after it inked a deal with StarHub to enter the market as a virtual operator. MyRepublic will use StarHub’s network to deliver services to users ... ( read original story ...)
UPDATE 2-Singapore bank OCBC’s Q1 profit at 3-1/2 yr high, tad below estimates
SINGAPORE, May 7 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares ... ( read original story ...)
UPDATE 1-Singapore bank OCBC’s Q1 profit up 29 pct, tad below estimates
SINGAPORE, May 7 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) posted a 29 percent rise in quarterly profit on Monday, underpinned by strong growth in net interest income and wealth management, but missed market estimates. The results ... ( read original story ...)
OCBC Profit Climbs on Lending Income, Lower Loan Allowances
Net income increased 29 percent from a year earlier to S$1.11 billion ($832 million) in the three months ended March, the Singapore-based bank said Monday. The bad-loan ratio improved from the previous quarter and OCBC’s loan portfolio is “sound ... ( read original story ...)
Cycling: Participants of OCBC Cycle 2018 community rides set for stunning views
SINGAPORE - OCBC Cycle 2018's community rides take place on Sunday (May 6) at the Singapore Sports Hub with participants set to enjoy breathtaking views of the country's skyline. Both The Sportive Ride (40.8km) and The Straits Times Ride (23km), will take ... ( read original story ...)
POSB trials new cashless programme for senior citizens in Yishun
SINGAPORE - These days, Madam Asmah Md Yassin ... She does not have to constantly top-up the amount in the free contactless ATM card she received from POSB because it is linked to her bank account. The Yishun resident is one of 62 in the estate, aged ... ( read original story ...)
UOB posts record profit of US$733mil for first quarter
SINGAPORE: United Overseas Bank (UOB)racked up record-breaking results in the first quarter thanks to a triple treat of higher net interest margins, strong growth in wealth management income and a big drop in bad debt charges. Earnings shot up 21% to a new ... ( read original story ...)
Singapore firms need ‘something special’ to thrive globally, says Finance Minister
SINGAPORE’S Finance Minister Heng Swee Keat pointed out that while country’s growth rate is expected to be lower than in previous decades, that does not mean firms will find opportunities curtailed Unless Singapore firms bring “something special ... ( read original story ...)
Singapore March factory output up 5.9%, electronics solid
Singapore: Singapore’s industrial production grew slightly more than expected in March from a year earlier as electronics output continued to show strong growth, data showed on Thursday. Manufacturing output in March rose 5.9 percent from a year earlier ... ( read original story ...)
Singapore factory growth slows in April, electronics cool: SIPMM PMI
SINGAPORE, May 2 (Reuters) - Activity in Singapore factories expanded at a slightly slower pace in April, as the hot electronics sector cooled, a survey showed on Wednesday. The Singapore Institute of Purchasing & Materials Management’s Purchasing ... ( read original story ...)
ST Electronics merged STELCOMMS and infocomm unit
STELCOMMS’ staff and assets were moved to STEE-InfoComm. ST Electronics has streamlined its entities through a short-form amalgamation under Section 215D of the Singapore Companies Act. According to an announcement, STELCOMMS Pte Ltd (STELCOMMS ... ( read original story ...)
Singapore’s factory output rises, powered again by tech
SINGAPORE (Nikkei Markets) -- Singapore's factories produced more goods than expected in March, muting concerns of a slowdown especially as the key electronics segment continued to expand. Still, many economists held to the view that the pace of growth ... ( read original story ...)