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SINGAPORE: China’s Belt and Road initiative is a way for China to grow ties with the rest of the world in a "constructive" way, said Singapore Prime Minister Lee Hsien Loong on Friday (Jul 14). Speaking at a dialogue at the annual Business China Awards industry conference, Mr Lee addressed concerns that the initiative had prompted unease over China’s growing influence. “(China’s) influence is… → Read More
SINGAPORE: Temasek Holdings announced on Tuesday (Jul 11) a record net portfolio value of S$275 billion (US$197 billion) as at end-March 2017, up from S$242 billion (US$180 billion) a year ago. The Singapore-based investment company posted a one-year Total Shareholder Return of 13.4 per cent for the year, reversing from the 9 per cent decline the year before. In a statement, Temasek said it… → Read More
GIC posted an annualised real rate of return of 3.7 per cent per year over the 20-year period ending Mar 31, 2017 in its 2016/17 report, down from the 4 per cent rate of return the year before. → Read More
SINGAPORE: The Monetary Authority of Singapore (MAS) said on Thursday (Jun 29) it has not found anything new in the latest filing by the US Department of Justice that warrants further action. The Department of Justice filed civil forfeiture lawsuits this year and last year, seeking assets that it alleges were bought with money misappropriated from Malaysia’s scandal-hit state fund 1Malaysia… → Read More
SINGAPORE: The property market in Singapore has “substantially stabilised” over the last three years, but it is not time yet to ease the cooling measures, Monetary Authority of Singapore (MAS) managing director Ravi Menon said on Thursday (Jun 29). Speaking at the release of MAS’ annual report for 2016/2017, Mr Menon said the cooling measures remain necessary amid strong demand for private… → Read More
JTC CEO Png Cheong Boon says its SolarRoof initiative can "overcome" some of the challenges faced by the local solar market. → Read More
SINGAPORE: The Monetary Authority of Singapore (MAS) is consulting the public on making it easier for financial service institutions to provide digital advisory services here. MAS issued a set of proposals on Wednesday (Jun 7) aimed at supporting innovation in financial services by recognising the unique characteristics of digital platforms. Financial institutions currently regulated under the… → Read More
SINGAPORE: Manufacturing firms from Singapore are exploring opportunities in the Central and Eastern European region, particularly in automotive and aerospace sectors which are strong engines of growth for the local economies. Representatives from 17 Singapore firms co-led by IE Singapore and Singapore Business Federation have completed a week-long business mission to Poland and the Czech… → Read More
PRAGUE: Singapore President Tony Tan Keng Yam on Thursday (May 25) received a symbolic key to the city of Prague, the highest honour in the Czech Republic. Prague mayor Adriana Krnacova presented the key to President Tan in the Old Town City Hall in Prague during his four day State Visit to the Czech Republic. The Old Town City Hall was built in the 14th Century as an administration centre for… → Read More
PRAGUE: Nurturing human talent and staying open to expand global networks are important for “small, young countries like Singapore and the Czech Republic”, said President Tony Tan Keng Yam on Wednesday (May 24) during his state visit to Czech Republic. To facilitate the exchange of knowledge between universities and businesses, Dr Tan and Czech President Milos Zeman witnessed the signing of… → Read More
WARSAW: Singapore and Poland are looking forward to the early ratification of the EU-Singapore Free Trade Agreement (EUSFTA) to boost economic links between the two countries, said President Tony Tan Keng Yam on Monday (May 22) during his state visit to Poland. Speaking at the Poland-Singapore Business Forum, President Tan said the EUSFTA “will send a strong signal of the EU’s commitment to… → Read More
This will be the first state visit by a Singapore Head of State to Poland and the second to the Czech Republic, the Ministry of Foreign Affairs said on Saturday (May 20). → Read More
The KrisFlyer UOB Account allows customers who prefer to spend on a debit card, or who are in the early stages of their careers and may not be eligible for a credit card, to accumulate KrisFlyer miles. → Read More
The Trade and Industry (Industry) Minister says the shopping precinct must evolve to sustain its appeal. → Read More
The partnership will see Star Wars-themed activities rolled out this year, including next month's Star Wars Day: May the 4th Be With You Festival. → Read More
The partnership will see Star Wars-themed activities rolled out this year, including next month's Star Wars Day: May the 4th Be With You Festival. → Read More
World Bank said infrastructure investment is a valuable source of long-term income streams that can help to address global challenges of an ageing population and lower levels of private investment. → Read More
In Asia, Singapore was the second highest placed city after Hong Kong, which ranked 6th globally. Geneva and Zurich were ranked number one and two, globally. → Read More
For companies looking to gain access to the rest of the region, the city-state can help in connecting and developing businesses in particular industries and niches, says Finance Minister Heng Swee Keat. → Read More