... about asset quality are clouding the outlook for banks in Malaysia and Singapore even as lending shows signs of stability. In Malaysia, outstanding loans in the banking system grew 5.3% in 2016, its slowest pace in at least 10 years, according to data ... ( read original story ...)
Singapore bank lending rise in December
SINGAPORE: Singapore’s total bank lending in December rose 1.1% from November, on the back of a rise in loans to the building and construction sector, central bank data showed. Reportedly, loans and advances by domestic banking units in the city-state ... ( read original story ...)
Stark jobs warning from senior Singapore banking techie: don’t become a specialist
He adds: “There are, for example, fewer specialist coding roles at banks in Singapore than there used to be. As banking technologists, we’re always working to automate systems that might do us out of a job.” “Until recently you could build an IT ... ( read original story ...)
UNICREDIT STRENGTHENS CORPORATE & INVESTMENT BANKING INTERNATIONAL NETWORK
Constance Au joined UniCredit from Deutsche Bank in Singapore where she most recently served as Director and Head of Corporate Banking Coverage Singapore. She holds a BA and an MA in Business Administration from the University of Toledo. Florence ... ( read original story ...)
Your next Asian banking job isn’t even advertised. Here’s how to uncover it
Here’s how to uncover these opportunities. http://news.efinancialcareers.com/au-en/150207/recruiters-reveal-their-nine-worst-resume-nightmares/ If you’re after a banking job in Hong Kong or Singapore, your search is unlikely to be straightforward. ( read original story ...)
Small savers flock to Singapore Savings Bond
This is on top of options such as the ATMs of DBS/POSB, OCBC and UOB, and the internet banking portal of DBS/POSB. Aditya Gupta, head of e-business Singapore, OCBC Bank said: "With many customers now banking on their phones, we want to offer them the ... ( read original story ...)
Bank of Singapore: Trump Trade Turning Into Trump Fade
Feb.01 -- Sim Moh Siong, executive director and FX strategist at Bank of Singapore, discusses the U.S. dollar, the impact of Donald Trump's policies on markets and the strengthening euro. He speaks to Bloomberg's Rishaad Salamat on "Bloomberg Markets." ( read original story ...)
What does this year hold for Singapore dollar?
With regards to the Monetary Authority of Singapore (MAS), BMI pointed out that Singapore's central bank will likely keep its Singapore dollar policy on hold at its bi-annual meeting in April 2017 as growth and inflation remain within the monetary ... ( read original story ...)
Singapore stocks find favor with institutional investors in January, DBS leads
SINGAPORE (NewsRise) -- As institutional investors returned to the Singapore market in January, financial stocks were among their top picks. DBS Group Holdings, Southeast Asia's largest lender by assets, headed the popularity list for the third consecutive ... ( read original story ...)
Singapore SIPMM manufacturing PMI rises to 26-month high, SGD rises
the Singapore Institute Of Purchasing & Materials Management said on Thursday. The Manufacturing PMI increased to 51 in January of 2017, its highest since November 2014, from 50.6 in the previous month. Separately, the PMI for electronics sector rose to 51 ... ( read original story ...)
Singapore’s manufacturing PMI index rises again in January, GDP likely to grow 1 pct-2 pct in 2017
Singapore’s electronics and manufacturing PMI rose again in January. The manufacturing PMI rose 0.4 points to 51, while electronics PMI rose 0.6 points to 51.8. New orders index, production index and export orders all saw improvements. This follows the ... ( read original story ...)
Singapore manufacturing activity expands for 5th straight month in January
SINGAPORE: Manufacturing activity in Singapore grew for the ... A corresponding index for the electronics sector also posted an expansion, with the PMI for December at 51.8, an increase of 0.6 point from the previous month. Although the readings indicate ... ( read original story ...)
Singapore Jan factory activity rises to 2-year high – SIPMM PMI
It attracted S$9.4 billion last year including S$2.2 billion in the electronics industry. That was down from the S$11.5 billion in fixed asset investment commitments EDB reported for 2015. ($1 = 1.4097 Singapore dollars) Reporting by Masayuki Kitano ... ( read original story ...)
Samsung in talks with Japan's Murata for S8 batteries – Nikkei
(Reuters) - Samsung Electronics Co Ltd is discussing a supply deal with Japan's Murata Manufacturing for batteries for its Galaxy S8 smartphones, the Nikkei business daily reported. The Galaxy S8 will replace Samsung's Galaxy Note 7, which was recalled ... ( read original story ...)
LG Electronics posts 2016 operating profit of $1.2 billion
SEOUL (Reuters) - South Korea's LG Electronics Inc reported on Tuesday a 2016 operating profit of 1.34 trillion won ($1.15 billion), up 12 percent from the previous year. In the fourth quarter, the company swung to an operating loss of 35 billion won ... ( read original story ...)
Quest for Halal food-Mustafa Centre/24 hour Halal shopping centre (Singapore)
They have everything and anything under one roof. Halal meats-mutton,sheep,deer,ostrich,turkey,duck,chicken and cold cuts, spices, fruits, clothes, bookstore, electronics,baby stuff, souvenirs,jewellery,money changer,cafe…Located nearest to Farrer Park ... ( read original story ...)