Growth in the region is expected to reach US$115m in 2030. Singapore, amongst other highly-connected economies, will play a vital role in boosting Asia's smart home market, which is expected to reach US$115m in 2030. This would account for 30% of the ... ( read original story ...)
Singapore central bank chief: Policymakers need to keep calm and carry on amid currency swings
Policymakers will have to accept that their currencies will depreciate against the greenback as the U.S. begins its tightening cycle, Ravi Menon, Singapore's central bank chief, said on Monday. His comments came as currencies across Asia have tumbled in ... ( read original story ...)
Singapore December exports jump on back of 40% rise in China shipments
An aerial view of shipping containers stacked at the port of Singapore February 14, 2012. REUTERS/Edgar Su/ Singapore exports in December rose 9.4 percent on the back of a rebound in the shipment of both electronic and non-electronic goods. Figures ... ( read original story ...)
10 leading companies from Singapore
This has enabled Singapore to become home to firms that are world leaders in sectors as diverse as banking, telecommunications, and even food processing. Here, then, is a brief description of the country’s 10 leading companies based on total revenue ... ( read original story ...)
Several duped by phishing emails since start of the year: Police
the Singapore Police Force (SPF) said in an advisory on Tuesday (Jan 17). Victims would receive an email purportedly from their bank informing them that someone had logged into their Internet banking account. Recipients would then be prompted to verify the ... ( read original story ...)
Will bad loans continue to haunt Singapore banks this year?
It will slow down and the impact will be manageable, says Moody's. Singapore's three largest banks, DBS Bank Ltd., Oversea-Chinese Banking Corp Ltd, and United Overseas Bank Limited, face continued downward pressure on their solvency metrics of asset ... ( read original story ...)
Moody's: Singapore banks will weather through further weakening in asset quality
Moody's Investors Service says that Singapore's three largest banks - DBS Bank Ltd. (DBS, Aa1/Aa1 stable, a1), Oversea-Chinese Banking Corp Ltd (OCBC, Aa1/Aa1 stable, a1) and United Overseas Bank Limited (UOB, Aa1/Aa1 stable, a1) - face continued downward ... ( read original story ...)
Asian private banks target next generation of super-rich
The natural optimism of the seasoned Asian private banker has been hard to dent. It has withstood the implosion of BSI in Singapore, the private banking operation found culpable of anti money laundering failings, and the continuing problem that Asia has ... ( read original story ...)
SBI hits overseas debt market with $500 million five-year bond sale
The money will be raised through its London branch and will be listed on the Singapore Exchange,” two investment banking sources told PTI here today. When contacted State Bank refused to comment citing confidentiality clause as the market moving nature ... ( read original story ...)
Singapore Market May Test Support At 3,000 Points
(RTTNews.com) - The Singapore stock market headed south again on Monday, one session after it had snapped the two-day slide in which it had surrendered more than a dozen points or 0.4 percent. The Straits Times Index now rests just beneath the 3,015-point ... ( read original story ...)
Singapore December exports jump 9.4 pct y/y, top expectations
SINGAPORE (Reuters) - Singapore's non-oil exports rose more than expected in December from a year earlier as shipments to China jumped, official data showed on Tuesday, Non-oil domestic exports (NODX) last month rose 9.4 percent from a year earlier, the ... ( read original story ...)
Singapore leads INSEAD's global talent competitiveness index
It placed second, trailing behind Switzerland. According to INSEAD's 2017 Global Talent Competitiveness Index, Singapore still leads with Switzerland in terms of attracting and retaining talent. The index measures how countries grow, attract and retain ... ( read original story ...)
Singapore to prop up Southeast Asia's muted IPO market in 2017
KUALA LUMPUR/SINGAPORE, Jan 16 Singapore is set to be 2017's hottest spot for initial public offerings (IPOs) in tropical Southeast Asia with sales of stakes in business and real estate trusts, while currency volatility and weak investor sentiment curb ... ( read original story ...)
Why the Korean Stock Market is Interesting: Samsung Electronics & Corporate Governance
The article Why the Korean Stock Market is Interesting: Samsung Electronics & Corporate ... More From ValuePenguin: Best Credit Cards with Promotion and Bonus 2017 Best Personal Loans in Singapore 2017 Best Travel Insurance 2017 ( read original story ...)
Singapore Bourse May Extend Losing Streak
(RTTNews.com) - The Singapore stock market has moved lower in back-to-back sessions, sliding more than a dozen points or 0.4 percent along the way. The Straits Times Index now rests just above the 2,990-point plateau, and the market figures to open lower ... ( read original story ...)
Singapore tries to become a fintech hub
Similar fears stalk Singapore, home to more than 200 banks, and dependent on finance for 12.6% of GDP. In London, Berlin and San Francisco, many fintech innovators are betting against the big banks. Singapore, typically, is trying to play both sides of ... ( read original story ...)