McKinsey & Co in Singapore has just rehired veteran financial services consultant Reet Chaudhuri from Standard Chartered. He was at Stand Chart for just 10 months and it was his first role at an international bank. Chaudhuri has joined McKinsey as a ... ( read original story ...)
Singapore finance sector sees boom in tech jobs, even as industry growth slows
SINGAPORE -Never mind numeracy skills. To work in a bank these days, a jobseeker is better off being a designer, digital data analyst or tech developers. The Monetary Authority of Singapore (MAS) said in its annual report last week noted a net increase of ... ( read original story ...)
Singapore, China to step up collaboration on five areas in finance
BEIJING: Singapore and China are working to step up their collaboration in five areas in the financial sector, Singapore’s Deputy Prime Minister Tharman Shanmugaratnam said on Thursday (Jun 29). He was speaking to Singapore media on the last day of his ... ( read original story ...)
Singapore PM to Address Family Feud
Jul.02 -- Singapore Prime Minister Lee Hsien Loong and his two younger siblings are embroiled in a spat that centers on the fate of the house that belonged to their late father, the country’s first prime minister, Lee Kuan Yew. Bloomberg's Haslinda Amin ... ( read original story ...)
Oxley Road: Full text of speech by Finance Minister Heng Swee Keat
SPEECH BY MINISTER FOR FINANCE MR HENG SWEE KEAT IN PARLIAMENT ON JULY 4 ... I also interacted with Mrs Lee, both in Singapore and on several overseas trips. I learnt that both of them, especially Mrs Lee, valued their privacy deeply. ( read original story ...)
MAS on 1MDB scandal: ‘naming and shaming’ a better deterrent than big fines
In addition to penalizing the banks, it also barred several individuals from participating in the Singapore finance industry. Singapore is among at least six countries that launched probes into allegations that nearly $700 million had flowed from the debt ... ( read original story ...)
Singapore’s MAS says not time to ease property curbs
Singapore's central bank says it is not yet time to ease property curbs and the adjustments made by the government in March do not signal an unwinding of the measures. While the property market has stabilised, "it is, however, not time yet to ease the ... ( read original story ...)
Fact or fiction: Anyone can trade in Singapore
As Asia and Singapore becomes increasingly digitised, processes get automated and several industries are disrupted by technology, in particular, finance. From robo advisors to even analysts, there is no denying that finance in Singapore has been disrupted ... ( read original story ...)
‘Blockbuster’ listings to lead strong IPO rebound in this major exchange
"Blockbuster" listings such as NetLink Trust will help Singapore's IPO market to rebound strongly in 2017, according to a Deloitte report The current pipeline brings total funds raised so far this year to 3 billion Singapore dollars ($2.2 billion), nearly ... ( read original story ...)
IPO activity expected to for 2017 expected to surpass 2016
Singapore, 3 July 2017 –Singapore’s Initial Public Offerings (IPOs) have raised US$329 million in H1 2017 according to latest figures by PwC Singapore, published today. The volume of IPO funds raised by the end of 2017 is likely to surpass 2016 levels ... ( read original story ...)
SGX’s IPO volume in 2017 expected to surpass 2016’s: PwC S’pore
SINGAPORE – Initial public offerings (IPO) on the Singapore Exchange (SGX) have raised US$329 million (S$454 million) in the first half of this year, showed figures published on Monday (July 3) by business consultancy PwC Singapore, which said the volume ... ( read original story ...)
Step-By-Step Guide to Investing in Your First Singapore Savings Bond
Apply at an ATM near you. The ATM must be that of DBS/POSB, OCBC and UOB. Apply through Internet Banking under Singapore Government Securities. If you are using OCBC, the OCBC mobile application works too! Remember to have your CDP account number with you ... ( read original story ...)
HSBC hires head of equities for Southeast Asia
There’s a new man leading equities advisory at HSBC in Singapore. http://news.efinancialcareers.com/sg-en/288188/bankers-singapore-pay-rises/ HSBC’s private bank has recruited an executive director from Bank of Singapore as its new head of equities for ... ( read original story ...)
10 Unbelievable 1-For-1 Hotel Restaurant Deals Not To Be Missed This July 2017
HSBC allows you to get it for half its original price. Housed within a luxury boutique hotel disguised as a heritage building from the 1950s, The Salon at Hotel Vagabond Singapore serves classic western cuisine and artisanal traditional plates with a twist. ( read original story ...)
Singapore IPO activity disappoints in 1H17
Eight IPOs launched in the said period raised only US$324m. The latest report from Ernst & Young Solutions LLP noted that there were five initial public offerings (IPOs) in the second quarter of the year, raising a combined total of US$182m. For the first ... ( read original story ...)
NParks partners OCBC in plant-restoration project
Launched in partnership with OCBC Bank, the programme is part of NParks' ongoing habitat-enhancement efforts under the Nature Conservation Masterplan (NCMP). The NCMP, announced in 2015, lays out Singapore's biodiversity conservation roadmap until 2020. ( read original story ...)