Singapore’s Finance Minister Heng Swee Keat has been ranked second in a Hong Kong-based publication’s rankings of finance ministers in the Asia-Pacific region. He was positioned in the sixth place last year, according to a report by Todayonline. ( read original story ...)
Singapore’s Mortgage LTV Ratio is Rising: Is There Cause for Concern?
The loan-to-value ratio (LTV) (as measured as mortgage loan balances divided by residential property values), which is a statistic that illustrates the degree of leverage in the housing market, has increased in recent years to levels seen before the 1998 ... ( read original story ...)
Bank of Singapore to double wealth management staff in Hong Kong to cater to China’s rich
Bank of Singapore, the private banking arm of Singapore’s second-biggest lender OCBC, plans to double its staff in Hong Kong as it eyes wealth management business from China’s growing number of millionaires and billionaires, according to the bank’s ... ( read original story ...)
HSBC Singapore Rugby Sevens: WANTED – The hunt is on!
WANTED – HSBC Singapore Rugby Sevens need your help! They are looking for these four fans from last year’s event. Do you know them? Keep a lookout! The HSBC Singapore Rugby 7s is back with a bang as the top teams from around the world compete over two ... ( read original story ...)
Exclusive-Singapore’s Temasek Interested in Buying Into HNA’s Hong Kong Airlines: Source
SINGAPORE — Singapore state investor Temasek Holdings has expressed interest in buying into Chinese conglomerate HNA's Hong Kong-based carriers, Hong Kong Airlines and Hong Kong Express Airways, according to a source familiar with the matter. However, an ... ( read original story ...)
Is the Singapore Stock Market Cheap or Expensive Right Now?
Knowing how cheap the stock market currently is, can help us to simplify our investing decision. There are two methods to find out if Singapore stocks are a steal or are in an overheated territory right now. The first method is to compare the market’s ... ( read original story ...)
Travel Insurance in Singapore – The Total Guide to What You Must Know in 2018
Buying travel insurance in Singapore is something a lot of us take for granted. Few of us bother to buy travel insurance ahead of time, and even fewer compare to find the best travel insurance in Singapore.In fact, the only time we think of buying a policy ... ( read original story ...)
Singapore uncovers ‘high-tech’ exam cheating plot
A mobile phone, Bluetooth device and skin-coloured ear piece were found on him. The prosecutors said during the opening day of trial that Ms Tan and her accomplices had helped the six students to cheat in their exams at the Singapore Examinations and ... ( read original story ...)
Singapore Stock Market Likely To Reclaim 3,500-Point Level
(RTTNews.com) - The Singapore stock market has finished lower in two of three trading days since the end of the five-day winning streak in which it had climbed more than 140 points or 4.1 percent. The Straits Times index now rests just beneath the 3,500 ... ( read original story ...)
Singapore Exports Post Surprise Fall as Electronics Decline Continues
SINGAPORE — Singapore's non-oil exports unexpectedly fell from a year earlier in March as electronics fell for the fourth consecutive month, official data showed on Tuesday. Exports fell 2.7 percent in March from a year earlier, according to trade agency ... ( read original story ...)
OCBC Bank is first in Singapore to Enable Instant Digital Card Issuance via OCBC Mobile Banking App
OCBC Bank customers have a new, speedy way of resolving a common issue when shopping or dining: Not having the right credit card to enjoy the best discount, rebate or reward. Since last month, OCBC Bank became the first bank to enable customers to transact ... ( read original story ...)
Singapore proposes allowing some Airbnb type rentals but with cap
Airbnb, which previously called Singapore’s regulatory framework “untenable” after news of the illegal rentals broke late last year, said on Monday it welcomed the consultation. “We’re committed to reasonable solutions that will allow responsible ... ( read original story ...)
UOB and PINTEC join forces to make it smarter and faster for companies to extend credit with next-generation digital credit assessment solution
SINGAPORE, April 15, 2018 – United Overseas Bank Limited (UOB) and Pintec Technology Holdings Limited (PINTEC) today announced the launch of their joint venture, Avatec.ai (S) Pte Ltd (Avatec). Avatec aims to help banks and finance companies to ... ( read original story ...)
UOB, China fintech Pintec team up to offer credit services in South-east Asia
SINGAPORE - United Overseas Bank (UOB) has entered into an agreement with Beijing-based financial technology firm Pintec Technology Holdings to set up a joint venture company, Avatec.ai. UOB will have a 60 per cent stake in the joint venture, the bank said ... ( read original story ...)
Singapore seeks feedback on proposal to allow Airbnb-style rentals
SINGAPORE (Reuters) - Singapore began seeking public feedback on proposals to allow short-term rentals of private homes such as those on Airbnb. The government is seeking feedback on issues such as what homes should qualify and the responsibilities of ... ( read original story ...)
Going Digital In Banking — DBS, Citi, BBVA, ING Lead The Way
DBS, the Asian bank headquartered in Singapore, was the first to be named the world’s best digital bank by Euromoney in 2016. When just about every money center, regional, community bank and credit union promotes itself as a digital leader, Euromoney ... ( read original story ...)