Business News

United Overseas Bank to issue 500 mln euro worth bonds due 2025

United Overseas Bank on Wednesday said it intends to issue 500 million euro worth of 0.500 percent covered bonds due 2025.

Jan 10, 2018

By Aastha Agnihotri

New bilateral deal permits Singapore startups to pilot tech solutions in India

The International Enterprise (IE) Singapore and the Confederation of Indian Industry (CII) has signed a bilateral deal allowing Singapore startups to take part in India's technology ecosystem.

Jan 9, 2018

By Kiersnerr Gerwin Tacadena

Singapore economy expands by 1.8 per cent in Quarter 1

Insurance newbie acquires Zurich Life SG business

Singapore Life, the newest insurance company in Singapore, is acquiring Zurich Life Insurance business portfolio in the city-state amounting to around S$6 billion.

Jan 9, 2018

By Kiersnerr Gerwin Tacadena

Global cues, buying support lift equity indices

Positive Asian cues lifted the key indices of the Indian equity market during the early morning trade session on Monday.

Jan 8, 2018

By IANS

Why consumers still hesitate on shopping online via smartphones

Most consumers still avoid shopping online via mobile apps as they often worry they are not seeing the full picture or that they could be missing out on special offers.

Jan 8, 2018

By IANS

Next-Gen software key growth enabler for Indian businesses: Survey

For an overwhelming 97 per cent of Indian businesses, adopting Next-Gen software solutions is the key to driving growth and expansion.

Jan 8, 2018

By IANS

Panasonic, RubyCon amongst fined for price-fixing and cartel activities

The Competition Commission of Singapore fined five electronic parts maker comprising of Panasonic, RubyCon, SCC, ELNA, and Nichicon due to cartel activities and fixed-pricing of Aluminium Electrolytic Capacitors (AEC).

Jan 8, 2018

By Kiersnerr Gerwin Tacadena

Why 2018 would be a stellar year for Singapore banking giants

Singapore's biggest local banks OCBC, DBS, and UOB are expected to have a great year this 2018 with the expected hike in interest rate and the robust loan growth.

Jan 8, 2018

By Kiersnerr Gerwin Tacadena

CapitaLand ditches 20 mall properties in China

As part of its reconstitution strategy in its Chinese market, CapitaLand entered a transaction to divest 20 malls in China.

Jan 8, 2018

By Kiersnerr Gerwin Tacadena

Finance Minister Heng Swee Keat suffers a stroke

Budget 2018: Deloitte urges Singapore to stagger GST rate hikes

Deloitte Singapore is expecting the Budget 2018 to tackle the proposal of staggering the GST rate hikes to lessen the financial impact of the move to the lower income group in the city-state.

Jan 5, 2018

By Kiersnerr Gerwin Tacadena

Singapore's GIC taps Canadian group to acquire US student housing

The joint venture between amongst Singapore sovereign wealth fund GIC, CPPIB, and The Scion Group acquired a new student portfolio in the United States university markets for US$1.1 billion.

Jan 5, 2018

By Kiersnerr Gerwin Tacadena

How can Singapore sharpen its global competitiveness?

Ernst & Young (EY) is calling for Singapore to include in its Budget 2018 measures to harmonise tax schemes in order to promote a greater cross-border flow of capital and labour.

Jan 5, 2018

By Kiersnerr Gerwin Tacadena

China Q4 GDP grows 6.8 percent, slightly more than expectations, but rises debt risks

Singapore manufacturing sector clocks 16th month of PMI expansion

Figures from the Singapore Institute of Purchasing and Materials Management showed that the manufacturing sector expanded for the 16th consecutive month in December.

Jan 4, 2018

By Kiersnerr Gerwin Tacadena

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines cancels plans to charge credit card fees

Earlier SIA said they would charge 1.3 percent service fee from January 20 based on the total amount of the booking for flights departing from Singapore.

Jan 4, 2018

By Bhaswati Guha Majumder

Editage expands its global footprint with offices in Singapore, London

Editage inaugurated its new office in the central business district of Singapore. The global scholarly communications company has increased its physical presence in South East Asia by setting up an office at Chevron House, a well-known skyscraper in Raffles Place, Singapore.

Jan 3, 2018

By IANS

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