Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Singapore stock market, as represented by the Straits Times Index (SGX: ^STI), finished Thursday flat at 3,437.50 points. The biggest winner ... ( read original story ...)
DBS : Bank accelerates digitalisation transformation with robotics programme
In June, IBM helped DBS set up the COE. Since then, DBS has already optimised more than 50 complex business processes across the bank. Having commenced in Singapore, the RPA programme will now be progressively implemented in other markets including Hong ... ( read original story ...)
Singapore central bank warns of ‘excessive exuberance’ in property market
SINGAPORE (Reuters) - Singapore's central bank warned on Thursday of "excessive exuberance" in the city-state's private housing market, adding that it would take action, if needed, to maintain market stability. Developers have actively taken part in ... ( read original story ...)
Singapore central bank says recent property market developments may pose risks
SINGAPORE (Reuters) - Singapore's central bank warned on Thursday that an expected burst of new supply in the city-state's private housing market could pose risks to sustainable conditions, adding that it would take action, if needed, to maintain market ... ( read original story ...)
Singapore October bank lending up 1.4%: MAS
SINGAPORE - Total bank lending in October climbed 1.4 per cent from September, on the back of higher loans to financial institutions. Total domestic banking unit loans amounted to S$649.56 billion last month, up from S$640.68 billion in September ... ( read original story ...)
Singapore Chili Crabs Reign as Jumbo Wins Restaurant IPO Battle
The debate over Singapore’s favorite crab dish may be settled -- at least on the trading floor. Shares of restaurant chain No Signboard Holdings Ltd., known in the city-state for its signature white pepper crab dish, jumped 11 percent on its debut ... ( read original story ...)
Singapore Property Prices Vulnerable to Rising Supply
The rising supply of homes and slowing population growth may undermine the recent recovery in Singapore residential property prices, the country’s central bank said. Future development projects could potentially add 20,000 private housing units over the ... ( read original story ...)
How To Choose The Right Credit Card in Singapore
Singapore houses a unique and wide array of spenders ... will earn you cashback and rewards on your daily shopping at several merchants. For instance, Citibank has the Citibank SMRT card which promises up to 5% savings on groceries. Shopping could be ... ( read original story ...)
Singapore ratifies United Nations convention condemning racial discrimination
SINGAPORE - Singapore has ratified the United Nations (UN) convention condemning discrimination based on race, colour, descent, nationality or ethnic origin, the Ministry of Culture, Community and Youth (MCCY) said in a statement on Thursday (Nov 30). ( read original story ...)
Singapore shares open 0.2% down on Thursday
SINGAPORE - Local stocks opened 0.2 per cent lower on Thursday (Nov 30), with the Straits Times Index losing 5.76 points to 3,433.23 as at 9.03am. The STI fell as a selloff in technology shares from Apple to Amazon.com dragged down major US indices overnight. ( read original story ...)
Nine things you must do now to land a VP job in Asian banking
These bankers in Singapore and Kong Kong clinched quick promotions to VP level. Here’s how you could too. https://news.efinancialcareers.com/hk-en/250644/easiest-banking-jobs-hong-kong/ It’s arguably never been a better time to work at vice president ... ( read original story ...)
Singapore October bank lending rises 1.4 percent m/m
SINGAPORE, Nov 30 (Reuters) - Singapore’s total bank lending in October rose 1.4 percent from September on the back of increased lending to financial institutions, central bank data showed on Thursday. Loans and advances by domestic banking units in the ... ( read original story ...)
Singapore’s import and export price indices up in October
Import prices rose 3.2%, whilst export prices grew 1.1%. Singapore's import price index rose 3.2% YoY, whilst its export price index went up 1.1% YoY in October, the Singapore Department of Statistics (SingStat) revealed. For imports, oil and non-oil ... ( read original story ...)
Virtual Reality Makes Real Splash at Singapore ATF
Underlining the growing importance of virtual reality, Singapore minister Chee Hong Tat announced the first two VR titles that are part of a partnership with Discovery Networks Asia Pacific. The pair, “Abandoned,” by Hiverlab and Burning Bush Films ... ( read original story ...)
Embracing Tech, Digitalization, Transparency All Key to Success in Singapore Bunker Market, Says New Physical Supplier
CNC Petroleum Pte Ltd (CNC Petroleum), a new physical bunker in Singapore, says embracing digitalization and other technology is key to its success in the world's biggest bunker market. As Ship & Bunker previously reported, CNC Petroleum received its ... ( read original story ...)
Bye Bye Boring Singapore
For all its riches, the one thing Singapore lacks is honest-to-goodness risk-taking. Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on ... ( read original story ...)