IT must be nice to be Western and superior. It must be nice to judge from afar a grieving and poorly understood nation that is often confused with China. As Singapore came to terms this week with the loss of a titan, the country also came under scrutiny, a great deal of which was admiring in a back-handed way. Read more at The Business Times.
AS worldwide smartphone sales crossed the one billion mark in 2014, the fourth quarter of the year saw Apple, armed with two bigger sized iPhones, firing a salvo at long-time rival Samsung. After four years and many quarters of giving ground to the Korean giant, Apple retook the No 1 crown by claiming a 20.4 per cent market share in comparison to Samsung's 19.9 per cent. Read more at The Business Times.
FROM May 1, OCBC will pay a maximum of 3.25 per cent interest annually on up to S$60,000 held in its customers' 360 accounts, as it tries to lock them in further with the sale of investment products. Read more at The Business Times.
"Observers said that Mr Lee's death is unlikely to unsettle financial markets here because leadership transition has been smoothly accomplished, and Mr Lee has not been actively involved in day-to-day decisions on Singapore's economy for many years." http://btd.sg/1LOYY4h
Singapore's Prime Minister has declared a period of National Mourning from Monday, March 23, to Sunday, March 29. Founding prime minister Lee Kuan Yew died early Monday morning. Read more at The Business Times.
SHENYANG developer Kingsford Development sold 140, or about 40 per cent, of its 320 launched units at the mixed-use Kingsford Waterbay at Upper Serangoon over the weekend. Read more at The Business Times.
VOLATILE market conditions have led to a dearth in initial public offerings (IPOs) in Singapore so far this year - and the famine could persist if conditions do not improve. Read more at The Business Times.