In Singapore’s real estate sector ... TDSR has significantly reduced the amount of debt available to finance the purchase of residential property. Based on our analysis of household balance sheets, the level of mortgage liability to a household ... ( read original story ...)
Singapore stumbles in the most-visited city rankings
Bangkok nudged to 2nd place, pushing Singapore to 4th place. Bangkok knocks off London and Singapore as it places second in the most-visited cities in 2015, according to the international market research group Euromonitor. Singapore is now fourth in the ... ( read original story ...)
Singapore factory-gate inflation fastest in five years on oil price rise
A money changer displays currency notes in Singapore October 10, 2007. Reuters Singapore's producer price index has jumped 9 percent from a year earlier in December, pushed by a 47.3 percent surge in the oil index, Department of Statistics Singapore said ... ( read original story ...)
Singapore Bourse Called Rangebound On Friday
(RTTNews.com) - The Singapore stock market bounced higher again on Thursday, one day after it had snapped the four-day winning streak in which it had gained more than 40 points or 1.3 percent. The Straits Times Index now rests just above the 3,050-point ... ( read original story ...)
Citibank revising minimum required balance on Feb 1
Citibank Singapore customers will soon have to save and/or invest at least $15,000 with the bank, or face increased account service fees. For the past few weeks, the bank has been issuing alerts to customers across all its segments - from retail to private ... ( read original story ...)
Singapore 2016 employment growth lowest since 2003
Public servants and contractors sit at their desks at a public housing administration center in Singapore June 13, 2016. REUTERS/Edgar Su Employment growth prospects look grim in Singapore with the latest report by the Ministry of Manpower showing total ... ( read original story ...)
4 Tips on Buying a Car in Singapore
you can also read about the best car loans that you can get in Singapore and how much they cost on average. 1. Decide Whether Your Budget Can Afford A Car As cars are so expensive, a majority of buyers take a bank loan to finance their purchase. ( read original story ...)
UOB set to gain from NIM widening
The bank's NIM could widen by 1.78% this year. Singapore banking giant UOB is set to yield from the expected widening of net interest margins (NIM) this year, according to RHB Research. The firm said this would come as the Singapore Interbank Offered Rate ... ( read original story ...)
Rebound Tipped For Singapore Stock Market
(RTTNews.com) - The Singapore stock market gave up just a pair of points on Wednesday - but that was enough to halt the four-day winning streak in which it had gained more than 40 points or 1.3 percent. The Straits Times Index now rests just beneath the ... ( read original story ...)
Hong Kong bourse eyes new market in fight with Singapore over IPOs
Enticing global tech companies has thus become a strategic move for Singapore to lift its IPO market and close its gap with Hong Kong ... The Hong Kong bourse is likewise hoping to diversify its stock offerings on both geographical and sector bases ... ( read original story ...)
Singapore Bourse May Add To Winnings On Wednesday
(RTTNews.com) - The win streak has hit four sessions now for the Singapore stock market, which has picked up more than 40 points or 1.3 percent along the way. The Straits Times Index now rests just above the 3,040-point plateau, and the market is looking ... ( read original story ...)
Chart of the Day: Singapore banks' NPL ratios higher than their global peers'
OCBC has the highest proportion of overseas NPLs. According to Moody's Investors Service, driven by the Singapore banks' diverse geographic mix, particularly in higher risk markets in other parts of Southeast Asia and Greater China, the banks’ NPL ratios ... ( read original story ...)
'Inflated' condo loans: UOB drops suit against some
There has been a significant development in the civil suit that United Overseas Bank (UOB) took out against developer Lippo Marina Collection (LMC) and seven individuals. UOB has dropped five defendants from its suit - over allegedly inflated loans to ... ( read original story ...)
A former regulator talks speed and special interests in the stock market
Market prices are not less reliable, and trading continues as before with the exception that brokers and their investor customers can now choose a stock exchange that puts their interests first. In fact, publicly available trade data shows that IEX ranks ... ( read original story ...)
Win Streak May End For Singapore Stocks
(RTTNews.com) - The Singapore stock market has finished higher now in three straight sessions, gathering more than 25 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,025-point plateau, although investors may cash in ... ( read original story ...)
DBS : launches first-of-its-kind online Letter of Credit service
DBS has launched a new service that allows SMEs to apply for a Letter of Credit (LC) online within five minutes and have it issued within two business days. A first in Singapore, the service makes it simpler and faster for SMEs to apply for trade finance ... ( read original story ...)