Chart of the Day: Property sales jumped 14% in January-February

DBS analyst Derek Tan noted that Singapore is approaching the traditional peak period for property transactions in the coming months, which around 55%-60% transacted between April to September in any given year. “Given the positive sales momentum ... ( read original story ...)

Promoted: Meet Martin Bundle in Singapore with Imagine Cruising

From iconic skylines to Grand Prix finishing lines, witness one of the biggest sporting events in the world with tickets to the Singapore Grand Prix and the opportunity to enjoy an exclusive event accompanied by F1 legend Martin Brundle; before enjoying a ... ( read original story ...)

OCBC Bank Singapore unveils $182m data center

Oversea-Chinese Banking Corporation (OCBC) has officially opened its SG$240m (US$182.5m) data center, designed to meet the regional business requirements of OCBC Group across 18 countries. The facility has been operational since Q3 of 2017, after a ... ( read original story ...)

VP Bank to expand headcount in Singapore

Don't miss Employee Benefits Asia, Asia's leading C&B conference in Hong Kong, Kuala Lumpur, Philippines and Singapore in May. Register now! VP Bank, a Liechtenstein-based bank, will be upgrading its Singapore subsidiary to a full branch in a bid to ... ( read original story ...)

Retail Banking Country Snapshot: Singapore

Insight into consumer preferences in Singapore and the reasons for taking out financial products and how this has evolved in recent years. -Understanding around the main providers dominating the current account, savings, mortgage, and loan markets and the ... ( read original story ...)

Swiss bank Pictet gets licence to expand Singapore operations

Swiss private bank Pictet Group announced that it has secured a so-called wholesale bank licence that enables it to expand operations in Singapore. The licence, which was recently granted by the Monetary Authority of Singapore, allows Pictet’s Singapore ... ( read original story ...)

Singapore remains destination of choice for expatriate workforce

In Singapore, nearly three-quarters of expats polled said that the city-state offers better earning potential than their home country. HSBC and UOB joins DBS and BOC to offer 3 Years Fixed Rate Mortgage Packages Singapore, being a multi-racial island city ... ( read original story ...)

Standard Chartered’s Singapore branch fined USD$4.9m

For allegedly being unable to satisfy the requirements on anti-money laundering, authorities in Singapore have fined Standard Chartered Plc a total of SGD6.4m (USD4.9m). Interestingly, the punishment comes less than two years after the bank received a ... ( read original story ...)

Singtel expands mobile wallet across Southeast Asia and India

SINGAPORE -- Singapore Telecommunications is expanding its mobile wallet service across Southeast Asia and India by linking the product with those of affiliated companies, in a bid to tap into growing demand for mobile payments among regional travelers. ( read original story ...)

The Best POSB & DBS Credit Cards Singapore Review 2018

Even though our beloved DBS / POSB is the most popular savings bank in Singapore, up until a few years ago you would not have associated them with good credit cards. Back then, nobody ever flaunted their DBS credit cards the way rich and successful people ... ( read original story ...)

West Sumatra ornamental fish exports dominate Singapore market

SINGAPORE: West Sumatra`s ornamental freshwater and sea fish have a viable market, especially for exports to Singapore, Yos Meri, head of the provincial Marine and Fisheries Service, stated here on Monday. “West Sumatra has some 20 species of specific ... ( read original story ...)

Cairns protein powder producer eyes an export deal to Japan

The delegates from IM Holdings, of Singapore, and Gold Star, of Japan, were hosted by Advance Cairns. Adam Phillips, of Life Grip Supplements, is in advanced talks to export to Singapore and Japan thanks to the expo. “The best part of the conference was ... ( read original story ...)

Singapore denies acquisition of new Leopard tank variant

Despite denying the acquisition of the Leopard 2A7, it does look like Singapore is ordering additional Leopard 2 tanks, with the German government’s annual military equipment export report stating that a further seven was delivered to Singapore in 2016. ( read original story ...)