Singapore central bank cautions property investors

Singapore's property investors got a yellow card from the city-state's central bank in its annual financial stability review. "Before investing in property, investors should be aware that rising vacancy rates, declining rentals and impending interest rate ... ( read original story ...)

Citi launches its digital mobile payment service in Singapore

a digital wallet which allows its credit card holders in Singapore to make payments via their mobile phones. To use Citi Pay, customers will need to log into the app using their Citibank online user ID and password before the app automatically populates ... ( read original story ...)

How technology redefines the role of government

ABOUT THE AUTHOR: Liu Feng-Yuan is Director of the Data Science Division at the Government Technology Agency. This piece first appeared in The Birthday Book 2016, a book of essays by 51 different authors on Singapore’s Next Big Thing. TODAY will be ... ( read original story ...)

DBS, Bank of Singapore ready for acquisitions in wealth mission

HONG KONG/SINGAPORE — DBS Group Holdings and Bank of Singapore, Asia’s largest home-grown private banks, will consider more acquisitions as they grapple for a bigger slice of business from the region’s growing number of millionaires. DBS would look ... ( read original story ...)

Troop carriers seized: Is China sending Singapore a message?

Singapore's Ministry of Defence said the shipment of Terrex infantry carriers had been delayed on November 23 during a routine inspection by Hong Kong Customs. Local media reports have suggested the seizure was at Beijing's request. It certainly earned ... ( read original story ...)

Singapore losing edge in drawing and keeping talent: IMD report

Singapore - Singapore has slipped five places to 15th in the latest world-talent ranking by Swiss business school IMD. Hong Kong was Asia's only representative among the top 10-ranked world economies in terms of how well they develop, attract and retain ... ( read original story ...)

Singapore Power deploys IoT platform

Our collaboration with Silver Spring in harnessing the power of digital technology will enable us to better serve our customers in the future.” Singapore Power, together with Singapore’s Energy Market Authority (EMA), is also exploring the possibility ... ( read original story ...)

Standard Chartered goes in cost cutting mode

Standard Chartered Chief Executive Bill Winters this month branded the bank's income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul. Singapore: Standard Chartered is set to cut about a tenth ... ( read original story ...)

Standard Chartered Said to Cut 10% of Investment Banking Staff

At the corporate finance business, about 10 to 15 managing directors are leaving in the shakeup, with Singapore the most affected office, said the person. Standard Chartered had about 84,500 employees at the end of June, down about 1,500 from the same ... ( read original story ...)

Global job cuts at Standard Chartered

Standard Chartered is cutting 10% of its global corporate and institutaional banking headcount, Reuters reports. According to the news agency, the job cuts will be rolled out starting this week across all the bank’s major business in Singapore and Hong Kong. ( read original story ...)