FintechIF EXCLUSIVE: Singapore digital banks: Compete or collaborate?International Finance DeskAugust 5, 2019March 18, 2020 by International Finance DeskAugust 5, 2019March 18, 2020 With a digital banking licence, Singapore’s fintech startup InstaReM plans to change the dynamics of banking customer experience... Read more
AviationSingapore Airlines reports decline in profit by 21% for Q1International Finance DeskAugust 2, 2019 by International Finance DeskAugust 2, 2019 The net profit calculated for the first quarter of the year reportedly fell from S$120 mn a year ago to S$111 mn... Read more
Wealth ManagementSingapore’s sovereign wealth fund to invest in Adnoc oil pipelines.International Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 The landmark investment comes months after Wall Street giants KKR and BlackRock signed a $4 billion pipeline deal.... Read more
Wealth ManagementSingapore wealth management fintech StashAway raises $12 mnInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The funding led by one of the earliest Alibaba investors will be used for product development and expansion.... Read more
Ports and ShippingJurong Port: Singapore retains top clean fuel bunkering port spotInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The new facility has a capacity to store up to 252,000 cubic metres of clean, low-sulphur petroleum... Read more
Ports and ShippingSingapore ranks first among world’s maritime centres for sixth straight yearInternational Finance DeskJuly 12, 2019December 23, 2019 by International Finance DeskJuly 12, 2019December 23, 2019 The evaluation scores reflects Singapore's strength in ship management and shipbroking services... Read more
Ports and ShippingSingapore begins Tuas Port’s phase 2 construction using modern techInternational Finance DeskJuly 5, 2019December 23, 2019 by International Finance DeskJuly 5, 2019December 23, 2019 The completed Tuas project will have a capacity to handle up to 65 million TEUs annually... Read more
EconomySingapore to be hit hardest by trade war; ICAEW predicts slow GDP growthInternational Finance DeskJuly 4, 2019December 12, 2019 by International Finance DeskJuly 4, 2019December 12, 2019 Singapore’s GDP growth fell from 3.1 percent last year to 1.9 percent in 2019... Read more
HealthcareNovena, Sinopharm form $150 mn China-Singapore healthcare fundInternational Finance DeskJune 27, 2019 by International Finance DeskJune 27, 2019 Fund will invest in medical services, biomedical projects, and mature drugs companies... Read more
Wealth ManagementHSBC eyes Singapore to boost wealth management in core Asian marketsInternational Finance DeskMay 30, 2019November 14, 2019 by International Finance DeskMay 30, 2019November 14, 2019 HSBC intends to add 300 staff in Asian wealth management this year with 50 additions in Singapore... Read more