Singapore exports rebound in June after 2 months of flat growth

SINGAPORE: Non-oil exports in Singapore rose 8.2 per cent last month from a year ago after flat growth in the previous two months, trade agency International Enterprise (IE) Singapore said on Monday (Jul 17). However, on a month-on-month seasonally ... ( read original story ...)

China’s Lufax to launch first overseas platform in Singapore

Competition has been rising among governments across Asia - most notably Hong Kong and Singapore - which have launched a raft of initiatives to grab a slice of the $100 billion invested in financial technology globally. Besides Hong Kong, Lufax had also ... ( read original story ...)

Singapore gets to grips with NSFR rules

The Monetary Authority of Singapore (MAS) issued Notice 652 on July 10, which will require DBS Bank, OCBC Bank and United Overseas Bank to maintain a net stable funding ratio of 100 percent from January 1, 2018. The NSFR, a key reform announced by the ... ( read original story ...)

DBS Group plans US dollar Green bond debut

HONG KONG, July 17 (IFR) - DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar Green bonds, which would be the first offshore issue of this kind from a Singapore issuer. The bank plans to sell 144A/Reg ... ( read original story ...)

The future of local farming: Balancing technology and nature

But as technology sinks ever deeper roots in Singapore’s urban jungle, some in the industry say that its overemphasis may root out the rustic nature of farming and, for younger generations, a loss of knowledge of where our food comes from. While older ... ( read original story ...)

UOB plans to strengthen Islamic banking operations

UOB Malaysia acting head of Islamic banking Amir Alfatakh Yusof ... “At the moment, customers across three markets – Singapore, Thailand and Indonesia – have shown interest in Islamic banking. We want to build our capabilities and support our ... ( read original story ...)

MyRepublic is pressured to get 2% of MVNO market share

If it wants its bid to pay off in terms of profits. Following its failure to secure Singapore's fourth mobile operator license in December 2016, MyRepublic now plans to offer mobile services as a mobile virtual network operator (MVNO) in Singapore from ... ( read original story ...)

Singapore: An autonomous innovation center

Pang Kin Keong, Singapore’s Permanent Secretary for Transport and the Chairman of its Committee on autonomous driving, said “We face constraints in land and manpower. We want to take advantage of self-driving technology to overcome such constraints ... ( read original story ...)

UOB unveils fund transfer via messaging app

It is the first bank in Singapore to do so. Singapore banking giant UOB launched UOB MyKey and PayNow, allowing customers to send money using any messaging app. UOB MyKey allows customers to send up to $1,000 to any mobile number using any messaging app ... ( read original story ...)

Singapore penthouse tests luxury market

The asking price for a new three-storey Singapore penthouse, complete with a private pool on the 64th floor, has reached a dizzying S$100 million (US$72.6 million). Due to be formally unveiled later this year, Wallich Residence's penthouse is in the ... ( read original story ...)