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"SINGAPORE — City Developments Ltd (CDL), Singapore’s second-largest developer, may seek to buy offices this year as rising interest rates make such assets cheaper worldwide. “We are coming into a very good time for acquisitions,” said Mr Grant Kelley, the CEO of CDL, in an interview here. “The long-term trend line for assets for the next 12 to 24 months could be deflationary, because I believe as interest rates go up, fixed income will become more attractive and maybe liquidity will drain from real estate assets a little bit.”", www.todayonline.com
"Eight in 10 Singaporeans will likely whip out their mobile phones instead of cash or credit cards to pay for goods and services in a physical store, finds Visa survey, which is released as Apple Pay support is extended to more banks in the country.", www.zdnet.com
"SINGAPORE — If you have a credit or debit card from one of the major local banks here, you can start using tech giant Apple’s mobile payment and digital wallet service from Wednesday (May 25). Apple Pay was limited only to American Express card members when the service was first introduced in Singapore last month.", www.todayonline.com
"SINGAPORE — Apple Pay — which allows customers to use their Apple mobile devices to tap and pay via contactless payment terminals — could be the catalyst for contactless mobile payments to finally take off here, experts say as all the major banks have now agreed to work with the service. Mr Michael Yeo, senior market analyst at IDC Financial Insights, said: “What Apple Pay does is to immediately give a large chunk of Apple phone users who have a recent model iPhone the chance to start using mobile payments almost immediately.", www.todayonline.com
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