Bank of Singapore (BoS), a subsidiary of Singapore's second biggest lender OCBC Bank, said here on Tuesday it has been granted a Category 4 licence to operate a branch in the Dubai International Financial Center (DIFC). The license allows BoS to offer a ... ( read original story ...)
People: CME hires new energy head for Asia-Pacific
Commonwealth Bank has appointed Jason Dunn as global head of commodities structuring in Singapore, according to a source familiar with the move. Prior to joining the Australian bank in September, Dunn worked for Noble Group as a director of client solutions. ( read original story ...)
Private banks to disclose all fees and charges in bond sales
SINGAPORE – Come March, private banks in Singapore will have to disclose fully all fees, charges and rebates in bond sales under enhanced standards in the Private Banking Code of Conduct, the Association of Banks in Singapore (ABS) said on Tuesday (Nov 22). ( read original story ...)
Top firm in Singapore private banking hiring spree
Bloomberg News reports that the BSI bankers joining Julius Baer specialize in managing the wealth of non-resident Indians, the person said, asking not to be identified because the matter is confidential. The Monetary Authority of Singapore said in May it ... ( read original story ...)
Negotiations are ongoing on with Singapore for long-term deal: Bernie Ecclestone
Formula One supremo Bernie Ecclestone said he wants to strike a "long-term" deal with Singapore this year, playing down earlier comments that the city-state is looking to drop its iconic night race. Ecclestone`s latest statement provide some positive news ... ( read original story ...)
Singapore unveils self-driving scooter, ideal for phone-obsessed walkers
The scooter, developed by the National University of Singapore (NUS), is the city-state's latest experiment with driverless vehicles as it pushes ahead with its vision of using autonomous technology to help deal with the challenges of its limited land and ... ( read original story ...)
Coldplay tickets for Singapore concert sold out in less than 2 hours
SINGAPORE: All tickets to Coldplay’s A Head Full of Dreams ... Tickets were previously set aside for Citibank cardholders and Live Nation Lushington's mailing list subscribers. This was the third and final batch of Coldplay concert tickets released ... ( read original story ...)
Self-Driving Cars Coming to Boston
During the road trials, nuTonomy's software is expected to learn local signage and road markings, as well as build on behavioral knowledge gained during recent trials in Singapore. "These tests in the City of Boston will enable our engineers to adapt our ... ( read original story ...)
This is What President Trump Means for Singapore
American politics usually have limited impact on the rest of the world. But what’s happening in the U.S. right now has the potential to affect Singapore – in particular – because of the anti-free trade stance of U.S. President-elect Donald Trump. ( read original story ...)
Singapore slips in ranks of real estate investment favourites
Core assets such as office spaces in Singapore’s CBD are favoured by investors and institutions, but yields and returns have declined on the back of a weaker macroeconomic outlook. Singapore fell 10 places for city investment prospects, dropping to 21 ... ( read original story ...)
Singapore's wealth fund chooses new boss to navigate weaker growth
GIC, the sovereign wealth fund of Singapore, has hired Lim Chow Kiat to be its new boss, overseeing $100bn in assets spanning 40 countries. Mr Lim is an old hand at the organisation, joining after he graduated from university in 1993 and most recently ... ( read original story ...)
DBS Asia X Is Banking On FinTech Startups To Shape The Future Of Financial Services
Well, another familiar Singapore name has since moved in, and it’s none other than DBS. DBS Asia X (DAX) is the name of the bank’s swanky new office, and with it, throw away all of your misconceptions about the typical office you would expect of a ... ( read original story ...)
Singapore is Shaping Up to Become the Blockchain Center of the World
Global financial services companies have their Asian satellites operating from Singapore including AmEx, Citibank, JPMorgan Chase, HSBC and numerous other international financial organizations. For a better understanding of the Singaporean FinTech industry ... ( read original story ...)
Poll – Singapore CPI seen escaping deflation in October
SINGAPORE Singapore's consumer price index (CPI) is likely to be flat in October from a year earlier, escaping deflation for the first time in two years, helped by recent gains in global oil prices, a Reuters poll showed. The median forecast in a Reuters ... ( read original story ...)
Move over, London and Berlin, Singapore’s fintech ecosystem is surging ahead
In her new column for Banking Technology, Devie Mohan, a fintech market strategist, looks at how Singapore has created a fintech ecosystem that is a major threat to the ones in London and Berlin. There are several studies at the moment analysing and ... ( read original story ...)
Ecclestone says Singapore wants to drop F1 race: report
SINGAPORE Singapore does not want to host an annual Formula One grand prix anymore, F1 CEO Bernie Ecclestone told German magazine Auto Motor und Sport, casting doubt on the future of Formula One in Southeast Asia as Malaysia is also considering pulling out. ( read original story ...)