The Monetary Authority of Singapore, the nation's central bank, has mandated that financial institutions comply with risk management guidelines within the next 12 months in an effort to strengthen the ... ( read original story ...)
Singapore’s stock dispute with India ends, but creates new uncertainties
Unlike the SGX Nifty, single-stock Indian futures in Singapore have no liquidity. But none is needed. The bank selling the swap will use its foreign institutional investor account in India to manage ... ( read original story ...)
Accor’s Franchise Deal in Singapore Underscores Mounting Challenges for Budget Chain Oyo
Oyo Hotels & Homes has a competitor in Accor Hotels, which has just inked a deal to franchise 15 budget hotels in Singapore-branded Fragrance Hotel. Even before there was an Oyo or the other budget ... ( read original story ...)
Perennial 2Q earnings down 75% to $2.2 mil on higher finance costs
SINGAPORE (Aug 7): Perennial Real Estate Holdings reported revenue for 2Q19 ended June surged 52.4% to $27.6 million from $18.1 million. However earnings fell 74.9% to $2.2 million from $8.6 million ... ( read original story ...)
46 countries sign UN treaty named after Singapore
Deputy Prime Minister and Finance Minister Heng Swee Keat added last night: "The signing of the Convention is a clear signal of our commitment to a rules-based international order." Singapore was the ... ( read original story ...)
NSE & Singapore Exchange Get Approvals To Launch Joint Products At GIFT
India's National Stock Exchange (NSE) and Singapore Exchange (SGX) got a set of approvals from statutory regulators for their proposal to launch products jointly at the Gujarat International Finance ... ( read original story ...)
NSE, SGX Get Regulatory Approval To Trade Through Gujarat Finance Hub
The National Stock Exchange and its Singapore counterpart received regulatory approvals for a trading link through the international finance hub in Gujarat to help overseas investors hedge risks in ... ( read original story ...)
Underserved remittance service in Singapore gets boost from pilot using blockchain-enabled tokenised currency
(Aug 5): In June, the Monetary Authority Singapore announced that it would be issuing two full digital bank licences and three digital wholesale bank licences to players of non-bank parentage. But ... ( read original story ...)
Singapore Retail Banking Survey: 65% of Singapore Customers Interested in Digital Banking
According to a recent survey, in Singapore digital banking has some pent up demand. JD Power has published a brief retail banking satisfaction study and, according to their numbers, 65% of consumers ... ( read original story ...)
Commemorate Singapore’s History at the One and Only Bicentennial Edition of Chinatown Mid-Autumn Festival 2019
Chinatown to sing a celebratory tune as dazzling street decorations, nostalgic Singaporean icons and hawker food rich in taste and history trace Singapore’s journey from founding to future SINGAPORE - ... ( read original story ...)
Iran Sanctions Breach Suspicion Prompts Bank to Seize Ships
The bank also cited a Bloomberg article describing similar activity ... Gas Infinity was placed under sheriff’s arrest in Singapore on July 22 and Sea Dragon on July 24, according to information from ... ( read original story ...)
Trump’s new tariffs on China might shrink the global economy, says bank CEO
President Donald Trump's new tariffs on China could "shrink" the global economy, said the chief executive of Singapore's second-largest lender by assets, Oversea-Chinese Banking Corp, on Friday. On ... ( read original story ...)
Singapore’s ordinary folk spend faster than the rich: Andy Mukherjee
(Bloomberg Opinion) -- Singapore is Asia’s Monte Carlo, a playground of the wealthy. The city-state has two casinos, an annual Formula One race, and the third-highest concentration of ultra-rich ... ( read original story ...)
A Singapore Company Takes on World Education!
SINGAPORE - Media OutReach - 5 August 2019 - MindChamps PreSchool Limited (MindChamps) has joined the ranks of internationally-renowned brands as the latest case study by Dr Joseph Michelli, featuring ... ( read original story ...)
Singapore Press Holdings Limited Led the Stock Market Lower in July
The Singapore stock market barometer, the Straits Times Index (SGX: ^STI), declined by 0.6%, or around 21 points, to 3,300.8 last month. Of the 30 index stocks, 16 were in the red, 12 were in the ... ( read original story ...)
30 Singapore Shares That Could Go on to Crush the Stock Market
If you are looking for Singapore stocks to buy in August, look no further. We found some interesting candidates using our data provider, S&P Global Market Intelligence, and the Magic Formula ... ( read original story ...)