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FINANCIAL SERVICES, HOTELS & TOURISM, SHIPPING & MARINE | Staff Reporter, Singapore
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Daily Briefing: Singapore sees record number of visitors; Noble Group shares surge on news of key investor

And here are four things you may not know about credit card eligibility.

Singapore's international visitor arrivals rose 7.7 percent last year to a record 16.4 million, helped by more travellers from China, India and Indonesia, but the tourism board forecast a slower pace of growth for 2017. Tourism receipts rose 13.9 percent to an all-time high of S$24.8 billion, the Singapore Tourism Board (STB) said, based on preliminary estimates. Arrivals last year accelerated from an increase of around 1 percent in 2015. The tourism figures exceeded the STB's forecast for 2016. Read more here.

Shares in troubled commodities trader Noble Group soared Tuesday, its biggest rise in more than a year, after the company said it was in talks with a strategic investor. Singapore-listed Noble said in a statement to the stock exchange that it is "currently engaged in discussions regarding a possible strategic investment" in the firm. It did not name the company but people familiar with the talks identified the potential investor as China's Sinochem Group, Bloomberg News reported. Click here for the full story.

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