... Mandiri in collaboration with Swiss Lombard Odier will introduce a new banking product on April 16 for Indonesians who want to repatriate their funds that are parked in Singapore. “The product is in the form of a mutual fund with different ... ( read original story ...)
Bank of China, ICBC join 7 other banks offering PayNow in Singapore
The banks have joined the ranks of Citibank Singapore, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and United Overseas Bank as participating banks of the service. PayNow enables customers of participating banks to send and receive ... ( read original story ...)
Use augmented reality to explore history at Singapore bicentennial events in 2019
SINGAPORE: Technology will help bring 700 years of history to life when Singapore commemorates the 200th anniversary of Sir Stamford Raffles’ landing on the island. Augmented reality (AR) trails at the Singapore River and Fort Canning Park, roadshows as ... ( read original story ...)
Hong Kong beats Singapore as top IPO destination in Asia… for now
But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)
Deutsche Bank picks retail specialist Christian Sewing as CEO
He joined Deutsche Bank in 1989 and has worked in Frankfurt, London, Singapore, Tokyo and Toronto. “Our view is that Sewing seems to be an OK candidate,” said one major investor who spoke on condition of anonymity. Sewing’s appointment was a blow to ... ( read original story ...)
HDB Or Bank Loan: Pros & Cons To Consider Before Deciding On Which Housing Loan To Take
One of the first financial decisions that Singapore families will have to make when buying a HDB flat is the type of housing loan to take. In essence, we have two choices. We can opt for a HDB loan or a bank loan. But which should you opt for? In recent ... ( read original ...
Singapore Morning News For April 9
Singapore and China inked a Memorandum of Understanding (MOU) on Sunday (Apr 8) to promote greater collaboration between companies from both countries in third-party markets along the Belt and Road routes. On April 6, National University of Singapore (NUS ... ( read original story ...)
Profit Taking Expected For Singapore Stock Market
The Singapore stock market has climbed higher in consecutive trading days, gathering more than 100 points or 3 percent along the way. The Straits Times index now rests just above the 3,440-point plateau although it may run out of steam on Monday. ( read original story ...)
Deutsche Bank sacks chief executive
Mr Achleitner has remained silent as speculation of a management change at the bank has mounted. Mr Cryan was previously chief financial officer at UBS before leaving to head European operations of Temasek, Singapore’s sovereign wealth fund. ( read original story ...)
These banks in Singapore will hire you without an elite foreign degree
Didn’t study at an elite overseas university, but still want to work at a global investment bank in Singapore? Here’s where to apply. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ Couldn’t afford to study at an ... ( read original story ...)
Christian Sewing to become new CEO of Deutsche Bank -Spiegel
He has been a member of the management board since 2015. Sewing joined Deutsche Bank in 1989 and has worked in Frankfurt, London, Singapore, Tokyo and Toronto, according to the bank's website. His appointment would be a blow to co-deputy Marcus Schenck ... ( read original story ...)
Singapore is warming up to blockchain but many challenges remain, say experts
In Singapore, stakeholders in the ecosystem are warming up to the idea that blockchain is here to stay, but there remain many challenges. Today, at a panel discussion in the De/Centralize 2018 event moderated by Mohan Belani, Co-founder and CEO of e27 ... ( read original story ...)
How Currency Movements Affect Singapore Interest Rates And Your Interest Rate Sensitive Stocks & Financial Assets
There is a rather good summary in Bloomberg on why Singapore’s Central Bank do not hold a Key Interest Rate. I think its a good read, a good refresh to go through some thought process when it comes to how externalities affect your Singapore investments ... ( read original story ...)
CBI questions ICICI Bank CEO Chanda Kochhar’s brother-in-law in Videocon deal investigation
Unidentified officials said Rajiv Kochhar was scheduled to fly to Singapore. “A team got Kochhar to the agency ... The CBI has initiated a preliminary inquiry to determine whether ICICI Bank broke the law by sanctioning the Rs 3,250-crore loan to ... ( read original story ...)
ASEAN finance ministers, central bank governors reaffirm commitment to AEC Blueprint 2025
SINGAPORE, April 6 (Xinhua) -- The ASEAN (the Association of Southeast Asian Nations) finance ministers and central Bank governors on Friday reaffirmed their commitment to the bloc's economic community blueprint 2025. The blueprint 2015 includes strategic ... ( read original story ...)
ICICI Bank loan case: CBI questions Rajiv Kochhar and Venugopal Dhoot’s close aide
ICICI Bank loan case: Rajiv Kochhar was questioned for the third consecutive day in connection with the case. According to the agency officials, he was asked about the role of his Singapore-based company Avista Advisory in the restructuring of loan ( read original story ...)