Majority of them expect to finally lay back at 60. The latest HSBC report found out that Singapore millennials expect to retire younger than other working age generations despite having the lowest retirement prospects of any generation. According to the ... ( read original story ...)
Singapore Morning News For May 23
Singapore’s non-oil domestic exports (NODX) faced a steep decline this April 2017. Analysts argue that this was brought about by the big drop in pharmaceutical exports. Consumer prices in Singapore dipped in April from the previous month, according to ... ( read original story ...)
Singapore Press : The Straits Times and WAN-IFRA to hold conference on fighting fake news
SINGAPORE, 23 May 2017-The rise of fake news has become a pressing danger to modern societies. From deliberate hoaxes created to cause mischief, manipulate opinions and votes or make money, to media outlets re-circulating unverified or erroneous content ... ( read original story ...)
Singapore bourse nears deal with regulator for start-up IPOs
Singapore: Singapore Exchange Ltd is nearing a deal with the city’s technology regulator to develop a system designed to encourage local start-ups to list on the bourse, according to people familiar with the matter. Under the agreement, the bourse ... ( read original story ...)
Malaysia’s Lotte Chemical sets ceiling price for $1.4 billion IPO: IFR
SINGAPORE/KUALA LUMPUR Malaysia's Lotte Chemical Titan Holding [TTNP.UL] has set a ceiling price of 8 ringgit a share for its planned IPO, giving it a total size of up to 5.9 billion ringgit ($1.37 billion), IFR Asia reported, citing three sources with ... ( read original story ...)
Singapore Post Limited’s Stock Is Down 18% Over The Last 12 Months: Here’s Why
Over the last 12 months, Singapore Post’s stock price has declined by 18% ... Meanwhile, the latter is about the overall mood of market participants – are investors more greedy than fearful, more pessimistic than optimistic et cetera? ( read original story ...)
Singapore exports are down, but not just because of pharma
The decline was primarily driven by the downturn in China demand. Singapore's non-oil domestic exports (NODX) faced a steep decline this April 2017. Analysts argue that this was brought about by the big drop in pharmaceutical exports. The overall ... ( read original story ...)
Singapore Exchange Said to Be Near Deal With Regulator for IPOs
Singapore Exchange Ltd. is nearing a deal with the city’s technology regulator to develop a system designed to encourage local startups to list on the bourse, according to people familiar with the matter. Under the agreement, the bourse operator would ... ( read original story ...)
What changed your market while you were sleeping
Nifty50 futures on the Singapore Stock Exchange were trading 17 points, or 0.18 per cent, higher at 9,466, indicating a positive opening for the domestic market. “For intraday traders, the strategy will be to buy on dips in the 9,410-9,400 range with a ... ( read original story ...)
Singapore’s OCBC starts private-banking business in Indonesia
SINGAPORE -- Oversea-Chinese Banking Corp., Singapore's second-largest bank by assets, has launched private banking in Indonesia in a bid to expand its market share in Asia's wealth management industry. The bank announced Monday that local subsidiary OCBC ... ( read original story ...)
OCBC launches onshore private banking in Indonesia through local unit
SINGAPORE – Oversea-Chinese Banking Corp (OCBC) has launched onshore private banking services in Indonesia through its subsidiary OCBC NISP, Singapore’s second largest lender said on Monday (May 22), further entrenching its leading position in wealth ... ( read original story ...)
Singapore, Poland presidents want more economic ties
Singapore President Tony Tan Keng Yam says he and Poland's president have discussed closer bilateral economic and trade ties and their countries' roles in growing trade between Europe and Asia. Tony Tan is the first president of Singapore to visit Poland ... ( read original story ...)
IndiGo launches daily non-stop flight between Singapore and Bengaluru
With the launch of the daily direct flight, IndiGo offers an affordable and convenient option on two of the busiest business sectors. Kumar, said “Both Singapore and Bengaluru are strong business and tourism hubs and attract significant passenger traffic. ( read original story ...)
This Singapore Start-up Wants to be the Trivago of the Mortgage World
Eugene Huang knows the mortgage business like the back of his hand. He spent eight years at Standard Chartered Bank—first as a mortgage advisor, then eventually as the head of a 70-strong sales team, handling SGD24 billion in loan books. Still, he felt ... ( read original story ...)
Singapore exports dip in April, ending 5 months of growth
SINGAPORE — Non-oil domestic exports (Nodx) posted a surprise contraction last month, dipping 0.7 per cent from a year ago against economists’ expectations of an expansion and ending a growth streak that was the strongest in more than six years. ( read original story ...)
Singapore’s OCBC Bank eyes ultra rich in Indonesia with set up of new private wealth business
Singapore's second largest lender Oversea-Chinese Banking Corporation (OCBC) on Monday launched an Indonesian private banking unit as the bank expands its wealth management presence in the region. The new onshore unit will be run by OCBC NISP, the ... ( read original story ...)