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  • July 23, 2014
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  1. Lifestyle - Technology

    Huawei takes on Apple, Samsung with launch of 'world's thinnest smartphone'

    Posted Jun 19th 2013, 05:01pm by Agence France-Presse in Singapore

    ... Chinese telecom giant Huawei on Wednesday vowed to catch up with its more popular rivals Apple and Samsung after unveiling its newest phone for the first time in Asia. Huawei unveiled its Ascend P6 at the CommunicAsia telecom and broadcast event in Singapore just hours after its global launch in London, billing it as world’s thinnest smartphone. “I generally do not comment ...

    http://www.scmp.com/lifestyle/technology/article/1264337/huawei-takes-apple-samsung-launch-worlds-thinnest-smartphone
  2. Comment - Insight & Opinion - MY TAKE

    Do we need a BRICS development bank?

    Posted Jul 17th 2014, 04:45am by Alex Lo

    ... Alex Lo alex.lo@scmp.com Development banks aplenty in the world Does the world need another development bank? Brazil, Russia, India, China and South Africa have signed an agreement to create the Shanghai-based BRICS development bank. The aim is to create an alternative to the Western-dominated International Monetary Fund and World Bank. Along with the new bank, the five ...

    http://www.scmp.com/comment/insight-opinion/article/1555464/do-we-need-brics-development-bank
  3. Business - Money

    Chart of the day: Singapore rally set to stall

    Posted Jul 21st 2014, 03:18am by Nicole Elliott

    ... Nicole Elliott Chart of the day: Singapore rally set to stall Singapore’s benchmark Straits Times Index has risen steadily after bouncing from the psychologically-important 3,000 points level in the opening weeks of this year. But it has done so on steadily declining trading volume. This divergence is not a bullish signal. Meanwhile, major resistance, dating back to 2007, sits ...

    http://www.scmp.com/business/money/markets-investing/article/1556906/chart-day-singapore-rally-set-stall
  4. Business - Economy - TRADE

    Singapore June exports decline after electronics shipments slump

    Posted Jul 18th 2014, 12:47am by Reuters

    ... Reuters in Singapore Singapore in electronics exports slump Singapore's exports fell in June from a year ago as electronics shipments slumped, adding to fears that economic restructuring may be eroding local manufacturers' competitiveness. Singapore's exports of electronics fell 17.4 per cent year on year in June after a 15.3 per cent decline in May, trade agency ...

    http://www.scmp.com/business/article/1555862/singapore-june-exports-decline-after-electronics-shipments-slump
  5. Business - Economy

    Singapore GDP decline blamed on manufacturing exodus

    Posted Jul 15th 2014, 01:31am by BLOOM

    ... Bloomberg in Singapore GDP declines surprise 0.8 per cent in second quarter as more companies shift manufacturing operations offshore while labour costs increase Singapore growth hit by production exodus Singapore's economy unexpectedly contracted in the second quarter as higher labour costs and company moves to shift production overseas hurt manufacturing. Gross domestic ...

    http://www.scmp.com/business/economy/article/1554271/singapore-gdp-decline-blamed-manufacturing-exodus
  6. Business - Economy

    Slowing China economy would hit Singapore the worst, says BNP study

    Posted Jul 14th 2014, 03:09am by NICK EDWARDS

    ... Nick Edwards nick.edwards@scmp.com If China sneezes, Singapore catches the worst cold Regardless of whether China is the biggest economy in the world, it is of growing significance ... elsewhere, but with wide variation related to trade dependency. All of the nine economies it analysed have seen increased trade dependency to China since 2000, albeit to varying degrees. Singapore ...

    http://www.scmp.com/business/economy/article/1553597/slowing-china-economy-would-hit-singapore-worst-says-bnp-study
  7. Business - Banking & Finance - PRIVATE BANKING

    Bank of Singapore eyes years of asset and jobs growth

    Posted Jul 07th 2014, 05:26am by George Chen

    ... of Singapore eyes years of asset and jobs growth Bank of Singapore, the private banking arm of OCBC Bank targeting fast-growing Asian billionaires, expects to see all assets under its management hitting US$80 billion by 2017 from the current level where it now stands at over US$50 billion. How to make that happen? It means a lot of new job opportunities. Bank of Singapore was launched ...

    http://www.scmp.com/business/banking-finance/article/1548283/bank-singapore-eyes-years-asset-and-jobs-growth
  8. Business - Money

    Singapore sees money laundering cases hit a record high

    Posted Jul 03rd 2014, 02:08am by BLOOM

    ... Bloomberg in Singapore Singapore dirty-cash cases hit a record high Singapore prosecuted a record number of money laundering cases and seized more than S$115 million (HK$715 million) of suspected criminal proceeds in 2013 as more overseas offenders seek out bank accounts in the city. "Singapore's openness as an international transport hub and financial centre exposes ...

    http://www.scmp.com/business/money/article/1545106/singapore-sees-money-laundering-cases-hit-record-high
  9. Business - Companies - ENTERPRISING HONG KONG AWARDS

    DHL/SCMP Enterprising Hong Kong Awards to celebrate startups and SMEs

    Posted Jul 08th 2014, 01:54am by James Griffiths

    ... director Liu Chee-ming, DBS Bank (Hong Kong) institutional banking group managing director Alex Cheung, Hong Kong Polytechnic University vice-president Angelina Yuen, Hong Kong General Chamber of Commerce SME committee chairman Cliff Chan and Hong Kong Productivity Council director of business management Gordon Lo. Public nomination closes on Friday. More details can be found ...

    http://www.scmp.com/business/companies/article/1549231/dhlscmp-enterprising-hong-kong-awards-celebrate-startups-and-smes
  10. Business - Economy - OUTLOOK

    Confidence rising among Hong Kong's small and medium-sized firms

    Posted Jul 23rd 2014, 01:33am by CHIMA SAU-WAI

    ... for the third quarter, the third successive quarter it has been above 50. A reading above 50 indicates a positive outlook. SMEs’ worries over the global economy are fading GORDON LO, DIRECTOR ... said they plan to increase investments, a significant drop from 21 per cent in the last quarter. Gordon Lo, director of the Hong Kong Productivity Council, said: "SMEs' worries over ...

    http://www.scmp.com/business/economy/article/1557385/confidence-rising-among-hong-kongs-small-and-medium-sized-firms

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