Business News

Singapore to launch blockchain technology for interbank payments

MAS issues property investment warning in view of dire economic outlook

MAS cautions against overseas property obligations which can get muddled with currency fluctuations.

Nov 30, 2016

By Jacob J

Singapore slips up in terms of ability to attract top talent

Singapore's competitiveness was affected by its comparatively low investment in education.

Nov 29, 2016

By Jacob J

Standard Chartered job cuts: Most senior level job losses will be in Singapore

Standard Chartered unveiled a cost cutting blueprint in December which laid out a plan to save $2.9 billion by 2018.

Nov 29, 2016

By Jacob J

Singapore faces recession as GDP shrinks 2% and exports slump 5.4% in third quarter

The Ministry of Trade and Industry says employment growth in the near term is expected to be weak.

Nov 24, 2016

By Jacob J

With Donald Trump intent on killing TPP, China to lead trade and diplomacy in Asia

China has tended to see the TPP as part of U.S. efforts to exclude it from setting global rules and to rally others against Beijing.

Nov 23, 2016

By Reuters

Malaysian ringgit hits 1-year low against Sing dollar; rate cut unlikely on Wednesday

Wednesday's meeting of the Malaysia's central bank's monetary policy committee is in the spotlight.

Nov 22, 2016

By Jacob J

China's Anbang close to buying $2.3 billion Japanese property from Blackstone

The residential property deal will be Japan's biggest property deal since the global financial crisis.

Nov 21, 2016

By Jacob J

Fullerton cancels IPO over delays but says may launch share sale as early as in January

Fullerton raised $100 million through a maiden bond offering in June, a move that gave it the leeway to delay the IPO.

Nov 21, 2016

By Jacob J

Lee tells Apec killing trans-pacific treaty will destabilize global trade

The focus is now on Beijing's increasing role in a world without the trans-pacific partnership (TPP)

Nov 19, 2016

By Jacob J

Malaysian ringgit, Singapore dollar plunge as Greenback soars on Fed rate hike hopes

US dollar makes significant gains after Fed comments, rising to a thirteen-and-a half-year high against a basket of major currencies.

Nov 18, 2016

By Jacob J

Singapore assets under management growth declines year-on-year

Is Singapore heading to full-blown recession in 2017?

Shipments to the biggest trading partners -- the US, China and the European Union -- on are steady decline.

Nov 17, 2016

By Jacob J

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore October exports contract 12% in worse than expected slump

Export numbers hit by an even fall in the shipment of both electronics and non-electronic products.

Nov 17, 2016

By Jacob J

Oil rebounds after 8% fall as Iran says open to talks with Saudi Arabia

Swissco posts US$300 million net loss year to date, goes into judicial management

Singapore's Swissco Holdings reports a S$418.5 million (US$296 million) net loss in the third quarter.

Nov 15, 2016

By Jacob J

Challenges in the New Age Banking Landscape

New age banking: Changing landscape, emerging challenges

Great importance has to be given to future growth and newer product launches.

Nov 14, 2016

By Haribabu Thulluri,

SGX pulls up Swiber Holdings over $710 mln project linked to bond defaults

Offshore vessel provider Vallianz reports 85% fall in third quarter profits

Vallianz reduced aggregate administrative expenses and finance costs in the third quarter.

Nov 14, 2016

By Jacob J

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