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Credit Suisse sues REI Agro in Singapore over alleged loan fraud

21-Jan-2015 Intellasia | Bloomberg | 6:00 AM

Credit Suisse Group AG sued REI Agro Ltd in Singapore claiming the Indian basmati rice producer and 16 related companies conspired to get loans for non-existent trades of the [...]
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Growing shadow IT practice offers opportunities for Singapore CIOs

21-Jan-2015 Intellasia | Zdnet | 6:00 AM

Organisations in Singapore are setting aside 22 percent of their IT budget as well as other resources to address the increasing presence of shadow IT in their environment. [...]
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Made-in-Singapore engines for some of Scoot’s new Boeing 787 aircraft

21-Jan-2015 Intellasia | Straits Times | 6:00 AM

Singapore Airlines’ budget arm, Scoot, which will receive the first of its 20 new Boeing 787 aircraft in the coming weeks, will have some of the aircraft fitted with [...]
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PR PMEs get higher monthly income than Singapore citizens: Manpower minister

21-Jan-2015 Intellasia | CNA | 6:00 AM

“The gross monthly income of resident PMEs is higher since Permanent Residents typically have to display good employability before they are granted residency,” [...]
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Stronger laws to crack down on errant retailers by mid-2015 after Sim Lim saga

21-Jan-2015 Intellasia | Yahoo Newsroom | 6:00 AM

Current legislation will be reviewed so that swifter action can be taken against errant retailers and unfair trading practices, said minister of State for Trade and Industry [...]
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Proposed law will ban alcohol retail sales in Singapore from 10:30pm

21-Jan-2015 Intellasia | Yahoo Newsroom | 6:00 AM

A new Bill introduced in Singapore’s Parliament on Monday plans to ban public consumption and retail sale of alcoholic drinks from 10:30pm to 7am islandwide. Once the [...]
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Nippon Paint tycoon is now Singapore’s richest man

21-Jan-2015 Intellasia | Asia One | 6:00 AM

Goh Cheng Liang, the founder of Nippon Paint South-East Asia Group (Nipsea), is now the richest man in Singapore, Bloomberg reported. Goh’s net worth of $8.2 billion [...]
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Parliament: Singapore will benefit from lower oil prices

21-Jan-2015 Intellasia | Straits Times | 6:00 AM

The Singapore economy will benefit from lower oil prices since it is a net importer of oil, said minister for Trade and Industry Lim Hng Kiang in Parliament on Monday. [...]
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Singapore to deploy planners to support fight against ISIS

Singapore to deploy planners to support fight against ISIS

21-Jan-2015 Intellasia | CNA | 6:00 AM

The Singapore Armed Forces (SAF) has sent a needs assessment and survey team, and a liaison officer, and will further deploy planners to support the multinational coalition [...]
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Singapore and Albania sign open skies agreement for airlines

21-Jan-2015 Intellasia | Straits Times | 6:00 AM

Singapore has signed a new open skies agreement with Albania. The agreement allows designated airlines to fly between both countries, said the Ministry of Foreign Affairs in [...]
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Rising US dollar, falling euro won’t have ‘significant impact’ on Singapore: Lim Hng Kiang

21-Jan-2015 Intellasia | CNA | 6:00 AM

Since Singapore’s exchange rate is not used as a tool to directly manage export competitiveness, demand conditions in major export markets would have a more significant [...]
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Singapore will consider matching Malaysia’s VEP ‘in some form’: Transport minister

21-Jan-2015 Intellasia | CNA | 6:00 AM

Transport minister Lui Tuck Yew said Malaysia’s proposed vehicle entry levy appears to be more akin to a toll on foreign-registered vehicles for revenue purposes. He [...]
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No official word yet on Johor reclamation work, says Singapore – Bernama

21-Jan-2015 Intellasia | Bernama | 6:00 AM

Singapore has yet to receive official confirmation from Malaysia on two land reclamation projects in the Straits of Johor, reports Channel News Asia (CNA). The local [...]
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Daily Briefing: Residential investment sales surge over 100pct in Q4; Buyers snapped up 31 Marine Blue units

20-Jan-2015 Intellasia | Singapore Business Review | 6:00 AM

And controversial Forest City project approved. Residential property investments in Singapore shot up 102 percent to $316 million in Q4 2014 from $156 million during the [...]
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Paint tycoon Goh Cheng Liang is Singapore’s richest man: Report

20-Jan-2015 Intellasia | CNA | 6:00 AM

With a fortune of $8.2 billion (S$10.8 billion), the founder of Nippon Paint South-East Asia Group has overtaken UOB’s Wee Cho Yaw as Singapore’s richest. Goh [...]
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