Singapore’s property demand remains "very resilient," supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said. “Our economy is still growing, so I think demand is still healthy and our ... ( read original story ...)
Standard Chartered : Ageing – Passing the baton to Asia
Singapore and Hong Kong set to age fastest. In a new special report, Standard Chartered's Global Research team assesses the policy responses of countries in the region that most urgently need to tackle challenges related to ageing. It also analyses the ... ( read original story ...)
Singapore's Home Curbs May Stay for Some Time, Minister Says (1)
who’s also the second finance minister, said in a Bloomberg Television interview with Haslinda Amin. “If you look at the market today, demand remains very resilient.” Singapore’s government has been steadfast in its commitment to cool the housing ... ( read original story ...)
Fitch Rates UOB's Basel III Tier 2 Subordinated Notes Final 'A+'
Fitch Ratings has assigned Singapore-based United Overseas Bank Limited's (UOB) SGD750m 3.5% Basel III-compliant Tier 2 subordinated notes a final rating of 'A+'. The notes will be issued on 27 February 2017. This follows the receipt of final documents ... ( read original story ...)
UOB loan growth expands 8.9%
It was driven by Singapore and Indonesia. UOB demonstrated a pristine asset quality with NPL ratio receding 14bp qoq to 1.47% in 4Q16, according to research firm UOB KayHian. The report noted that UOB loan growth expanded in the past quarter, growing 8.9%. ( read original story ...)
Singapore Bourse May Halt Losing Streak
(RTTNews.com) - The Singapore stock market has tracked lower in back-to-back sessions, dipping more than a dozen points or 0.4 percent along the way. The Straits Times Index now rests just beneath the 3,095-point plateau, although the market may find ... ( read original story ...)
Singapore to retain home curbs for some time
SINGAPORE: Singapore’s residential property curbs are expected to stay for some time as the city-state’s economy remains stable and demand is still “very resilient,” National Development Minister Lawrence Wong said. Singapore home prices fell 3% in ... ( read original story ...)
Singapore Budget 2017: All you need to know in 3 minutes
SINGAPORE - Finance Minister Heng Swee Keat delivered a forward-looking comeback Budget speech on Monday (Feb 20) after suffering a stroke last year. Some of the highlights include a water price increase, help for companies and workers, as well as support ... ( read original story ...)
Singapore's Home Curbs May Stay for Some Time, Minister Says
Singapore’s residential property curbs are expected to stay for some time as the city-state’s economy remains stable and demand is still "very resilient," National Development Minister Lawrence Wong said. Singapore home prices fell 3 percent in 2016 ... ( read original story ...)
HSBC profits slump after volatile year
HSBC reported on Tuesday that annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing recovery. Europe's biggest bank said net profit ... ( read original story ...)
Singapore carbon tax would hit refiners, help renewables
SINGAPORE (Reuters) - Singapore's proposed plan to tax greenhouse gas emissions would likely hit oil refiners hard, ramping up costs in an industry that has been central to the city-state's rapid development over the last half-century. Monday's ... ( read original story ...)
Singapore 'fire rainbow' cloud phenomenon lights up sky
A rare cloud phenomenon over Singapore has delighted people in the city-state. The multi-coloured glow appeared in the sky on Monday in the late afternoon, lasting for about 15 minutes, and was seen across the island. Media reports said it was likely a ... ( read original story ...)
Singapore, UK renew bilateral Economic and Business Partnership
SINGAPORE: Singapore and the United Kingdom on Tuesday (Feb 21) renewed the bilateral Economic and Business Partnership (EBP), the Ministry of Trade and Industry (MTI) announced in a news release. This paves the way for greater economic cooperation and ... ( read original story ...)
Sequans Collaborates with STMicroelectronics on Turnkey LTE-M IoT Design Kit
Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com, , Monarch, the world's first and ... ( read original story ...)
Singapore Technologies Engineering : ST Engineering's Electronics Arm Sets Up Subsidiary In Saudi Arabia
Singapore, 21 February 2017- Singapore Technologies Engineering Ltd (ST Engineering), today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has set up a subsidiary, Singapore Technologies Electronics (Saudi ... ( read original story ...)
Mortgage insurance: What is it and why homeowners should get it
This is especially so for homeowners who reside in a private property. In Singapore, mortgage insurance is also known as a Mortgage Reduced Term Assurance (MRTA) as the sum assured is gradually reduced as the housing loan gets paid off every month. ( read original story ...)