HONG KONG (Reuters) - Hong Kong and Singapore’s de facto central banks unveiled plans on Wednesday to link trade finance platforms they are developing with blockchain technology, to reduce potential fraud and errors in the multi-trillion-dollar funding ... ( read original story ...)
Singapore won’t regulate cryptocurrencies, remains alert to risk
Singapore doesn’t plan to regulate cryptocurrencies such as bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said. “As of now I see no basis for wanting to ... ( read original story ...)
Singapore needs to be on guard for inflation pickup: MAS
Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth ... ( read original story ...)
OCBC Bank planning research push into rival market Hong Kong
SINGAPORE — Singapore’s second-largest lender has decided that the best place to expand its research is the Republic’s rival market Hong Kong. OCBC Bank plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by year-end ... ( read original story ...)
Singapore Needs to Be on Guard for an Inflation Lift, Central Bank Chief Says
MAS stuck to its neutral currency policy earlier this month Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. ( read original story ...)
Singapore’s Second-Largest Lender Plans a Push Into Hong Kong Research
That would supplement the roughly 50 firms already tracked by Bank of Singapore Ltd., OCBC’s private banking unit, she said. OCBC previously invested in mid-cap coverage of Singapore stocks in an attempt to dominate that area of its home market. ( read original story ...)
Is there a glass ceiling for women in Singapore business?
As part of BBC World News’ 100 Women Season I spent some time taking a detailed look at women in business within Singapore. Talking to prolific members of the business community, I set out to investigate whether there is a glass ceiling within Singapore ... ( read original story ...)
Singapore Telecommunications : Singtel, DBS attract record number of firms in third annual 99% SME Shopping Week
Singapore, 24 October, 2017 - Singtel and DBS today gave small and medium enterprises (SMEs) another boost by kicking off Singapore's only annual shopping event to rally support for SMEs' businesses. The third edition of the 99% SME Shopping Week was ... ( read original story ...)
Singapore Exports Slump in September on Downturn in Electronics
Singapore Unveils New Regulations For Airbnb And Other Rental Platforms Singapore to double rail network length by 2030 (Bloomberg) -- A surge in Singapore exports proved short-lived as a plunge in electronics orders put the brakes on goods flows in the ... ( read original story ...)
Singapore Sept. exports post surprise decline as electronics stumble
SINGAPORE (Reuters) - Singapore’s exports unexpectedly fell from a year earlier in September, data showed on Tuesday, their first on-year contraction in five months as electronics shipments posted their first decline in almost a year. Non-oil domestic ... ( read original story ...)
Singapore’s new car cap will keep over 1,500 cars from hitting its roads in a year
Singapore’s Land Transport Authority (LTA) announced yesterday (Oct. 23) that it’s setting the new growth target for cars and motorcycles at 0%, replacing the present rate of 0.25%. The new target will come into effect from February next year. The body ... ( read original story ...)
Singapore bans additional cars from its roads from next February
Singapore is to freeze the number of cars and motorbikes on its cramped roads from next year. The city state – one of the most expensive places on the planet to buy a new car – only allowed a growth rate of 0.25% but that will be cut to zero from ... ( read original ...
Solar industry fears for thousands of jobs should U.S. impose import restrictions
SINGAPORE (Reuters) - Singapore-headquartered solar panel maker REC hopes to be exempt from potential U.S. restrictions on imports following a recent trade finding that said no significant injury to the United States had been caused by makers including ... ( read original story ...)
ARA fuel oil stocks down on exports to Singapore
Stocks stood at around 1.26 million tonnes, a one-month low, after a very large crude carrier departed with a cargo to Singapore, PJK’S Jacob van den Berge said. Gasoline stocks were little changed at 804,000 tonnes as imports offset exports during the ... ( read original story ...)
Southeast Asia’s Best Imports Ever
He spent 10 years in Singapore, winning one S.League title and four Singapore ... Merzagua, who was named Best Import in Malaysia in 1996, steered unfancied Penang to top division titles in 1998 and 2001. They were also runners-up in 1999 and 2000 during ... ( read original story ...)
Singapore slaps limit on number of cars on its roads
Vehicles are also subject to huge price markups because of various taxes and import duties, which means a small SUV can set you back more than 100,000 Singapore dollars ($74,000). And that doesn't include the cost of the certificate. Currently, the ... ( read original story ...)