Singapore
Busted: Fraud cases in Singapore surge 13% to 2,068
Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.
Busted: Fraud cases in Singapore surge 13% to 2,068
Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.
Friends Provident International appoints Ian Black as regional sales manager
Mr. Black will take over from David Scammell in Singapore.
Keppel’s subsidiary to merge with Floatel International
Keppel and Aqua Pellentesque can now acquire Floatel shares at about S$4.29 per share.
Amtek Engineering’s profit could surge 80% in FY 2011
CIMB believes that their FY11 profit forecast of S$49.7m is achievable.
“The world is your oyster”: MOS Teo Ser Luck
The Minister of State for Trade and Industry said entrepreneurs should not be constrained by Singapore’s small domestic market.
Decent dividend: Telcos a ‘safe refuge’ with a stable 7% yield
The dividends are backed by higher free cash flow to equity of 6-8% except for StarHub.
BH Global Marine’s stocks unscathed by recent sell-off
Its share price declined by only 10% since the beginning of the month.
SOS: Lower rates hurt NOL
Container shipping volumes went up but average revenue per Forty-foot Equivalent Unit dropped 17%.
Qantas to give SIA a run (or flight) for their money
Australia’s biggest airline is setting up an Asian unit with cabins “better than the A380s” to snatch passengers up from Singapore’s flag carrier.
Singapore banks face double threat
Analyst warns there will be continued pressure on net interest margin, and loan growth is seen coming to a standstill.
Singapore to retain monetary policy, says MAS
The Monetary Authority of Singapore noted that interest rates are market-determined and that the current monetary policy stance remained appropriate.
Singapore Exchange appoints Arulraj Devadoss as Head of Human Resources
Mr Devadoss will begin his new role with SGX by December 1.
RHB wins three-year currency exchange tender at Changi Airport
This means that RHB will increase the number of its currency exchange counters from 2 to 15, located across all the terminals at the Changi Airport.
70% of the top 100 sites hosted malicious content over the last 3 years
Web developers have focused too much on all other web aspects EXCEPT security, says Ovum.
Near-term supply deficiency to result in public homes with sticky price tags
DMG Research cites the current low interest rate environment and positive carry on rental properties as key factors in driving down home prices.
Swap offered rate turns negative for the first time
But the majority of mortgages and commercial loans are not linked to the SOR but rather to the Singapore Interbank Offered Rate, so don’t fret.
Commercial payment solutions in AsiaPac grow 22.9%
Steady business travel within the region largely contributed to the rise in gross dollar volume for the first half of 2011.
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