In a 2015 article by The Economist, it was reported that China produces about “80% of the world’s air-conditioners, 70% of its mobile phones and 60% of its ... Now, let’s think about us in Singapore – ... ( read original story ...)
Grab to get new S$181 million headquarters in Singapore
Grab, which started as a ride-hailing app in 2012, quickly grew to offer food and package deliveries, mobile payments and financial services. It currently operates in Singapore, Indonesia, the Philipp... ( read original story ...)
Mobile Payment
Singtel’s Dash users can now make payments using Apple Pay at millions of participating online and offline merchants. This integration is made available thanks to a deepened relationship between Singt... ( read original story ...)
Consensus keeps Ascott Residence Trust at ‘hold’ but DBS has it at ‘buy’
SINGAPORE (Jan 30): Despite Maybank Kim Eng and consensus maintaining Ascott Residence Trust (ART) given its disappointing DPU performance over the past few years, DBS Group Research is maintaining it... ( read original story ...)
Bank of Singapore’s new MD reveals surprising hotspot in local job market
Bank of Singapore has snared a senior technologist from rival Julius Baer as competition for tech talent heats up within private banking. Anju Tiwari joined BoS earlier this month as a managing ... ( read original story ...)
CBS Study: Buyers are applying for lesser mortgage loans with new housing curbs
Seven months after the Monetary Authority of Singapore (MAS) announced the latest housing curbs on property purchases, buyers are taking up lesser mortgage loans, a study by Credit Bureau Singapore (C... ( read original story ...)
OCBC remains positive on Mapletree North Asia Commercial Trust after a stable 3Q
SINGAPORE (Jan 30): OCBC Investment Research continues to rate Mapletree North Asia Commercial Trust (MNACT) at “buy” with a higher fair value estimate of $1.35 compared to $1.34 previously. To recap, ... ( read original story ...)
UOB sees deficit of $1.2 bil in FY2019 Budget as govt takes early measures
SINGAPORE (Jan 30): Singapore is expected to see a small and manageable deficit of $1.2 billion for its FY2019 Budget, says UOB, which comes off the back of a moderating domestic economy. Taking centr... ( read original story ...)
Doing Business in Singapore: What to Know Before Entering the Market
The Republic of Singapore is a prosperous nation-state on the Straits of Malacca, near the southern tip of the Malaysian peninsula. For a variety of reasons, some of which we’ll explore in greater det... ( read original story ...)
Singapore’s $1.4 Billion Telco Takeover Leaves Wireless Giant in a Bind
Keppel and SPH have a waiver from the Singapore bourse allowing them take M1 private if ... we will not be commenting,” Axiata said in a statement in response to Bloomberg News queries. Axiata managem... ( read original story ...)
Singapore bank loans grind to a halt at 0.5% in 2019
Total loans and advances fell to 2.8% in November 2018 from October's 3.4%. Singapore bank loans are expected to grow by a measly 0.5% by the end of 2019 from a previous estimate of 3% as the slowing ... ( read original story ...)
OCBC Travel Insurance Singapore Review 2019
At such high prices, it’s no wonder that OCBC runs near-constant promotions to keep its premiums competitive. Usually you can get around 50% off single trip plans. The current OCBC travel insurance pr... ( read original story ...)
Data Breaches Dent Singapore’s Image as a Tech Innovator
HONG KONG — Singapore takes pride in being a technology hub where municipal decisions are driven by cutting-edge data science. “Data is the new currency, and with open data, the possibilities are endl... ( read original story ...)
LGBT+ people in Singapore ‘more fearful’ after HIV data leak
KUALA LUMPUR (Thomson Reuters Foundation) - A major leak of the confidential data of 14,200 people with HIV in Singapore could hamper a fight against new infections among LGBT+ people in the city-stat... ( read original story ...)
Singapore Regulator Warns Against ‘National Cryptocurrency’ Scam
As we have a highly intelligent reader-base here at Finance Magnates, I hope that no one took the ... A case in point – this Tuesday the Monetary Authority of Singapore (MAS) had to release an announc... ( read original story ...)
Property Predictions For 2019
We spoke to several property experts to give us their predictions for 2019. “The Singapore property market is expected to see robust growth in 2019 and we expect to see at least 40 new project launche... ( read original story ...)