Companies mentioned in this report: Standard Chartered Private Bank, HSBC, Citibank, DBS, OCBC, Bank of Singapore and Vontobel. - Expats constitute half of Singapore's HNW population, hence constituting a lucrative target market. - Accelerated demand for ... ( read original story ...)
Singapore, Indonesia ready to exchange taxpayers’ financial data – ministries
About 11 percent of those assets were expected to be repatriated back to Indonesia. On Wednesday, Singapore's Ministry of Finance said in a statement the city-state "is ready to have an Automatic Exchange of Financial Account Information (AEOI ... ( read original story ...)
Singapore’s Top Performing IPO This Year Surged 158%
Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. After staging concerts in Singapore for the past two decades, the city-state’s best-performing initial public offering this year is taking its entertainment on the ... ( read original story ...)
Singapore IPO activity this year poised to surpass 2016 levels
There was quite a number of successful Initial Public Offerings (IPO) in Singapore for the first half of the year, and this could spell a stellar overall IPO activity for 2017. According to the latest figures by PwC Singapore, IPOs for 1H17 raised US$329m. ( read original story ...)
Singapore ready for ‘automatic exchange of financial account information’ relationship with Indonesia: MOF
JAKARTA - Singapore is ready to have an Automatic Exchange of Financial Account Information (AEOI) relationship with Indonesia, said the city-state's Ministry of Finance (MOF). "This is in line with our consistent position for a level playing field with ... ( read original story ...)
Singapore Restaurant Festival 2017 – 30% Savings At Top Restaurants
DBS and POSB cardmembers are entitled to purchase the Singapore Restaurant Festival Dining Voucher Set worth $100 at a discounted price of $70, redeemable at over 200 participating restaurants. That’s a whopping 30% discount! The vouchers come in ... ( read original story ...)
Seven big new trends shaking up Singapore banking jobs
Here’s what’s shaping the banking job market in Singapore right now. http://news.efinancialcareers.com/sg-en/289569/entitlement-culture-singapore-bankers/ We’re into the second half of the year. This is not traditionally the best time to look for a ... ( read original story ...)
Singapore Stock Market Inherits Flat Lead
(RTTNews.com) - The Singapore stock market on Tuesday wrote a finish to the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,220-point plateau and it figures to see a ... ( read original story ...)
Indonesia to bring home tax money parked in Singapore
Read also: Repatriated funds from Singapore reaches Rp 84.52 trillion Finance Minister Sri Mulyani Indrawati received the offer from Singapore on the sidelines of the G20 Summit in Germany last week. “This is a positive. I will follow up so that we can ... ( read original story ...)
DBS India net profit up 50% on strong loan growth
Mumbai: Singapore based DBS Bank said its net profit in India rose to Rs 13 crore in the year ended March 2017 up 50% from Rs 9 crore a year earlier driven by a 24% loan growth and as fee income doubled to Rs 623 crore from Rs 280 crore a year earlier. ( read ...
3 Things to Know Before the Stock Market Crashes
But other investors might be wondering if we are enjoying too much of a good thing. After all, as history shows, the Singapore stock market has declined from time to time… (This phenomenon is not unique to our local market, of course!) Who is right and ... ( read original story ...)
Singapore Shares May Extend Friday’s Gains
(RTTNews.com) - The Singapore stock market has moved higher in two of three trading days since the end of the three-day slide in which it had surrendered more than 45 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,230-point ... ( read original story ...)
What changed your market overnight while you were sleeping
Nifty50 futures on the Singapore Stock Exchange were trading 5.50 points lower at 9,668, indicating a flat to negative opening for the domestic market. Nifty made Doji Cross on daily chart A ‘Doji’ is formed when the index opens and closes around the ... ( read original story ...)
Continued Support Tipped For Singapore Shares
The Singapore stock market on Wednesday snapped the three-day slide in which it had surrendered more than 45 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,250-point plateau, and it may find additional support again on Thursday. ( read original story ...)
The Singapore banking jobs where you have no future
After some career longevity in Singapore? Want to work in banking when you get senior? Avoid these jobs. http://news.efinancialcareers.com/sg-en/288643/olivier-berthier-moneythor-singapore-fintech/ The recent wave of redundancies at global banks in ... ( read original story ...)
Singapore millennial entrepreneurs focus on personal development in business pursuits: HSBC report
Singapore Millennials' entrepreneurial spirit is now being driven more by personal development than personal wealth and family expectations, departing from the previous generations and other Asian markets. According to HSBC's latest report, Singapore ... ( read original story ...)