Singapore fined Credit Suisse Group AG and United Overseas Bank Ltd. a total of S$1.6 million (S$1.2 million) after a two-year regulatory review of banks involved in fund flows linked to 1Malaysia Development Bhd., or 1MDB. Credit Suisse was fined S$ ... ( read original story ...)
Singapore government donates $138,490 to support Sri Lanka disaster relief
The Singapore government will make a US$100,000 (S$138,490) contribution to support disaster relief efforts in Sri Lanka following the loss of lives and destruction caused by heavy flooding and landslides across the country. The contribution was revealed ... ( read original story ...)
Singapore emerges as second largest trader of shark fin in the world
In a report released by wildlife trade monitoring group, TRAFFIC, it has been revealed that Singapore is now the second largest trader of shark fin. Hong Kong tops the list in terms of revenue, according to findings done in 2012-2013. The same report also ... ( read original story ...)
Singapore Dairy Market 2011-2017 – Research and Markets
Research and Markets has announced the addition of the "Singapore Dairy Market 2017" report to their offering. Industrial applications of dairy products should be treated with caution when comparing data across categories. For example, care should be taken ... ( read original story ...)
AlphaGo And The Future Of The Stock Market
How would a potential “god of the stock market” be used then ... only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Stanley Lim doesn’t own shares in any companies mentioned. ( read original story ...)
How Singapore exports its model for a Smart City
This tiny country has established itself as a model for smart urban development and exports its know-how to giants like India and China. Singapore is tiny, beside the giants of India and China; it nevertheless manages to play an important role where ... ( read original story ...)
KSH Holdings FY2017 net profit down 33.4%
With this, the company proposed “final and special cash dividends of 1.5 Singapore cents and 0.5 Singapore cent per share, respectively, bringing the total dividends declared in FY2017 to 3.25 cents per share”. KSH also proposed to issue one bonus ... ( read original story ...)
Prime Minister Lee Hsien Loong launches new E W Barker Centre for Law and Business at NUS
But Singapore's laws cannot be static because globalisation and technology are changing how business is done, he said at the launch of the E W Barker Centre for Law and Business. "Up to date, effective but not onerous regulation has become a new source of ... ( read original story ...)
Recruitment firm HRnetGroup going for $175m IPO on SGX
SINGAPORE -HRnetGroup, Singapore's largest recruitment firm, has lodged a preliminary prospectus for a listing on the mainboard of the Singapore Exchange with plans to start trading on June 16. The group expects to raise up to S$175 million by issuing 194 ... ( read original story ...)
This bank is betting that boat racing will bring in the millennial customers
Singapore-based bank DBS is hoping an aquatic event can help it ride the millennial wave. The bank is marketing directly to that generation — often defined as those aged 18 to 35 — for a regatta this Thursday to Sunday in downtown Singapore. ( read original story ...)
Singapore REITs to be seen as growth vehicles in the long term
We opine that AREIT’s business/science park and hi-tech portfolio (48% of overall portfolio value) will position it defensively against the slowdown in Singapore from the unprecedented simultaneous supply glut across other industrial segments," UOB ... ( read original story ...)
DBS : rsquo; David Gledhill wins prestigious MIT Sloan CIO Leadership award
At DBS, he is also the Director of Singapore Clearing House, a member of an IBM Advisory Board and the National Super Computing Centre Steering Committee, and a board advisor to the Singapore Management University School of Information Systems. MIT was ... ( read original story ...)
Singapore Shares Likely Rangebound On Monday
The Singapore stock market on Friday ended the three-day winning streak in which it had picked up more than 20 points or 0.6. The Straits Times Index now rests just beneath the 3,220-point plateau and it is looking at little movement on Monday. The global ... ( read original story ...)
HSR to boost trade between M’sia and S’pore
KUALA LUMPUR: The Malaysia Singapore Business Council (MSBC) sees the upcoming KL-Singapore high-speed rail (HSR) project as a strategic avenue to boost trade between the two countries. Its chairman Datuk Seri Dr Nik Norzrul Thani said the council saw ... ( read original story ...)
One in three Singapore workers prefer more ethical employers over high salary
According to EY, more than two in five (44%) in APAC and a third (33%) in Singapore say they would accept a lower salary if it meant working for an ethical employer. This was the result of 1,698 employees from large businesses in 14 Asia-Pacific ... ( read original story ...)
Singapore Morning News For May 29
Changi Airport has handled more than 1 billion passengers since it opened on Jul 1, 1981, the airport said in a media release on Monday (May 29). Bloomberg reported that as Singapore Airlines Ltd. considers broadening its debt sources amid plans to spend $ ... ( read original story ...)