SINGAPORE: The Singaporean boat captain detained in Indonesia for nearly a year for illegally entering its waters faces a third set of charges for violations under Indonesia's shipping law. The charges against Shoo Chiau Huat were read out on Tuesday (Apr ... ( read original story ...)
TPG spends SG$23.8m on more Singapore mobile broadband spectrum
Australian telecommunications provider TPG has announced spending a further SG$23.8 million on acquiring more mobile broadband spectrum in the Singaporean market, winning 2x 5MHz in the 2.5GHz band during the general spectrum auction this week. "We are ... ( read original story ...)
Standard Chartered hires from ANZ in Singapore
As ANZ cuts back, Standard Chartered has bolstered its structured finance team in Singapore. http://news.efinancialcareers.com/sg-en/278365/launched-singapore-private-equity-firm-aged-26/ Standard Chartered has been hiring for its structured finance team ... ( read original story ...)
M1 aims to sharpen enterprise focus, unveils new mobile plans
M1 has introduced two mobile plans tailored for business users as it looks to increase its service offerings for the local enterprise market. The Singapore telco announced the M1 Enterprise Mobile 6 and 12 plans, offering unlimited local messaging and ... ( read original story ...)
Citibank, Diners Club, Virgin Money overhaul credit card points
Citi Rewards Platinum: 3 Citibank Rewards will equal one Singapore Airlines KrisFlyer mile for Platinum cardholders, compared to the 2.5:1 conversion rate currently in place. Citi Signature: Converting points to KrisFlyer sees the current 2:1 exchange rate ... ( read original story ...)
Singapore manufacturing posts faster expansion in March
Thanks to higher new orders and new exports. The March reading of the Singapore Purchasing Managers’ Index (PMI) recorded an increase of 0.3 point from the previous month to record a faster expansion rate at 51.2. According to the latest figures from ... ( read original story ...)
DemystData Celebrates its One-Year Anniversary in Singapore with the Launch of a New Center of Excellence
SINGAPORE, April 4, 2017 /PRNewswire/ -- DemystData announced its plans for a new Global Center of Excellence (CoE) in Singapore that will build up capabilities in data science and engineering, develop best practices in leveraging big data, and champion ... ( read original story ...)
HSBC Singapore becomes a ‘direct life insurer’
According to guidelines issued by the Monetary Authority of Singapore (Mas), a Tier 1 insurer is defined as a direct life or composite insurer with total assets of at least S$5bn (£2.8bn, $3.6bn, €3.3bn), that is subject to higher corporate ... ( read original story ...)
Best bank accounts for expats in Singapore: Multi-currency savings account with HSBC
Just because you’ve moved abroad, it doesn’t mean your life stops back home – get your finances sorted wherever you are with these nifty international banking services Some of you might find this routine familiar: one week you’re hot-desking it in ... ( read original story ...)
How DBS manages to keep tech cost down
It has been insourcing people. DBS Group Holdings Ltd (SGX: D05) is going digital and the results are beginning to show. For 2016, DBS Group’s total income was $11.5 billion, an increase of 6% year on year. Interestingly, profit before allowances grew at ... ( read original story ...)
Insights from Google and Facebook at the Future of Digital Banking, Asia Pacific – Hosted by MarketForce
“The Future of Digital Banking: Asia-Pacific” was hosted by Marketforce on March 21 and 22, 2017 in Singapore. The conference managed to bring together an interesting set of C-suite, senior bankers, industry experts, tech companies and the startup communit ( read original story ...)
HSBC Insurance becomes Tier-1 insurer
HSBC Insurance (Singapore) has become a Tier-1 insurer under the Monetary Authority of Singapore. This means it has met certain requirements: A direct life or composite insurer with total assets of at least $5 billion. Tier-1 insurers are subject to higher ... ( read original story ...)
Singapore Deports Indian Imam For Comments Against Jews, Christians
Singapore: An Indian Imam living in Singapore will be repatriated for his remarks against Jews and Christians. Nalla Mohamed Abdul Jameel, 47, had pleaded guilty to a charge of promoting enmity between different religious groups and was fined Sg $4,000 ($ ... ( read original story ...)
M1 unveils corporate mobile plan offerings
On the other hand, the Enterprise Mobile 12 plan, priced at $75 a month, offers 12GB of data for corporate customers. Excess usage is billed at Singapore’s lowest data charge of $5.35 per GB. A key feature on both plans is the M1 Enterprise Data Passport ... ( read original story ...)
Singapore Technologies Engineering : Kevin Steen Appointed new CEO of VT iDirect
Herndon, VA, April 3, 2017-Singapore Technologies Electronics Limited's related US Satellite communication company, VT iDirect, Inc. (iDirect), a world leader in satellite-based IP communications technology and a company of Vision Technologies Systems ... ( read original story ...)
Consumer Payments Country Snapshot: Singapore 2016
NEW YORK, April 3, 2017 /PRNewswire/ -- Consumer Payments Country Snapshot: Singapore 2016 Summary Singapore has a very well-developed payments system, with strong penetration of all forms of payment cards and healthy growth over the past few years. ( read original story ...)