HSBC’s Private Bank and Retail Banking and Wealth Management unit is primed for expansion, especially in Hong Kong, Singapore and mainland China, markets where the firm already has an “established presence”. While most of the growth will be in wealth ... ( read original story ...)
Trump slams press over Singapore as GOP embraces his praise for Kim
But what will be the impact of the Singapore summit and the G-7 blowup ... "So funny to watch the Fake News, especially NBC and CNN. They are fighting hard to downplay the deal with North Korea. 500 days ago they would have 'begged' for this deal-looked ... ( read original story ...)
Are Homes In Singapore Really That Expensive (Compared To Similar Cities)?
Demographia’s International Housing Affordability Survey also lists Singapore’s property market as “seriously unaffordable”, with a price-to-median-income ratio of 4.8 in 2017. To find out the relative affordability of Singapore’s housing market ... ( read original story ...)
Projected population growth of 6.3 million in 2030 expected to impact property market upswing
The current property market upswing has encouraged buyers and investors to re-enter the Singapore property market in anticipation of higher future property prices. A research report by DBS Insights said that the high land prices and momentum seen in the ... ( read original story ...)
AccorHotels to Expand Pullman Brand to Singapore
AccorHotels and EL Development, a Singapore-based property developer, will open a new-build five-star Pullman hotel on a prime site on Hill Street, in the civic and cultural heart of the city. The 342-room hotel will be Singapore’s first Pullman and will ... ( read original story ...)
Jail, fine for man who received stolen property totalling over $440k in cash
Khoo, 23, who served with the Singapore Civil Defence Force, was jailed for 15 months and fined $3,000 on Tuesday (June 12) after pleading guilty to two counts of receiving stolen property and one count of being involved in illegal gambling activities. ( read original story ...)
Frasers Property opens 2nd Tianjin development as it aims to double footprint in China
SINGAPORE - Mainboard-listed Frasers Property said that its Frasers Hospitality business has opened Fraser Place Binhai Tianjin - its second property in Tianjin - on Tuesday (June 12), as the property developer looks to double its footprint in China over ... ( read original story ...)
Pullman To Open First Hotel in Singapore
AccorHotels and EL Development Pte Ltd, a Singapore-based property developer, have announced they will open a new-build five-star Pullman on a prime site on Hill St, in the civic and cultural heart of the city. The 342-room hotel will be Singapore’s ... ( read original story ...)
Singapore Deputy PM Says Progress on Global Trade May Unravel
Global trade faces greater uncertainty and there’s a risk progress that’s been made on commerce may unravel because of dispute between China and the U.S., Singapore Deputy Prime ... over accusations of intellectual property theft. ( read original story ...)
Pullman to make Singapore debut in 2022
The first Pullman-branded hotel in Singapore is slated to open on Hill Street in 2022, the outcome of a partnership between Accorhotels and property developer EL Development, which through this deal makes its first foray into hotels. Pullman Singapore will ... ( read original story ...)
Wolters Kluwer Survey Shows Singapore’s Bankers Concerned Over MAS 610
The survey asked more than 50 compliance, risk, finance and IT professionals at more than 25 banks in Singapore for their views on key challenges they face. The scope of new proposals in the Monetary Authority of Singapore’s overhaul of the MAS 610 ... ( read original story ...)
FWD Insurance partners DBS to launch e-claims payments via PayNow
PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore, DBS/POSB, HSBC, Maybank, OCBC, Standard Chartered Bank, and United Overseas Bank. To receive payments via PayNow, FWD ... ( read original story ...)
Singapore IPOs lag Asian peers as homegrown companies rush to list abroad
Cross-border listings ballooned 300% in value compared to domestic flotations which surged 64%. With a growing number of Singapore companies choosing to list abroad, the number of cross-border listings ballooned 300% in terms of volume and 166% in terms of ... ( read original story ...)
Market Reaction Muted After Singapore Summit
The Singapore summit with US President Donald Trump and North ... The jobs report further highlighted the difficulties facing the Bank of England which is clearly keen to start raising interest rates and normalising monetary policy. Unemployment remains ... ( read original story ...)
‘Where is Singapore?’: Trump-Kim summit a PR coup for tiny city-state
SINGAPORE (Reuters) - As images of North Korean leader Kim Jong Un strolling by revelers at a rooftop bar the night before an unprecedented meeting with President Donald Trump circulated around social media sites, U.S. citizens started asking 'Where is ... ( read original story ...)
‘Nirav Modi flees to Brussels, believed to be travelling on Singapore passport’
The diamond merchant, wanted in India's biggest-ever banking scam, is said to be travelling in and out of the UK freely, possibly on a Singapore passport, not an Indian one. On Monday, the CBI had requested Interpol for a red corner notice + against Nirav ... ( read original story ...)