Similar fears stalk Singapore, home to more than 200 banks, and dependent on finance for 12.6% of GDP. In London, Berlin and San Francisco, many fintech innovators are betting against the big banks. Singapore, typically, is trying to play both sides of ... ( read original story ...)
UOB economists flag two key challenges for Singapore SMEs
IN A world of increasing uncertainty and protectionism, changes in the digital space and the rise of the millennials will be key challenges for small and medium-sized enterprises (SMEs) here, said economists from United Overseas Bank at their 2017 outlook ... ( read original story ...)
The 6 Billion-Dollar REITs in Singapore’s Stock Market With The Lowest Valuation: No.4 to No.6
There are over 30 real estate investment trusts (REITs) in Singapore’s stock market. And, it appears that investors are not showing them much love at the moment given that around half of the REITs were trading at prices within 10% of their respective 52 ... ( read original story ...)
The 6 Billion-Dollar REITs in Singapore’s Stock Market With The Lowest Valuation: No.1 to No.3
There are over 30 real estate investment trusts (REITs) in Singapore’s stock market. And, it appears that investors are not showing them much love at the moment given that around half of the REITs were trading at prices within 10% of their respective 52 ... ( read original story ...)
POSB pop-up ATMs back for Chinese New Year
You can withdraw new notes for Chinese New Year (CNY) again with POSB's temporary pop-up ATMs, which are available until Jan 27, a day before CNY. These ATMs allow customers to withdraw either 50 pieces of $2 notes; 30 pieces of $10 notes or 10 pieces of $ ... ( read original story ...)
Singapore court jails Swiss banker in 1MDB-linked probe
SINGAPORE (Reuters) - A Singapore court on Wednesday sentenced the former local branch manager of Swiss-based Falcon Private Bank AG to 28 weeks in prison and a fine of S$128,000 ($89,155.12), in an investigation tied to scandal-hit Malaysian state ... ( read original story ...)
POSB pop-up ATMs back for CNY
You can withdraw new notes for Chinese New Year (CNY) again with POSB's temporary pop-up ATMs, which are available until Jan 27, a day before CNY. These ATMs allow customers to withdraw either 50 pieces of $2 notes; 30 pieces of $10 notes or 10 pieces of $ ... ( read original story ...)
Stock Market or Market of Stocks
This means that instead of moving in tandem with the entire stock market and general investors’ sentiment, individual stocks are fluctuating independently based on their own company performance and fundamentals. Hence several assert that this could be ... ( read original story ...)
Singapore jails, fines Swiss bank's ex-manager in 1MDB case
SINGAPORE - A Singapore court found a former manager at a Swiss private bank guilty of failing to report more than $1.26 billion in suspicious transactions in a case linked to the indebted Malaysian state fund 1 MDB. The court on Wednesday sentenced Jens ... ( read original story ...)
2017 Top 10 Travel Credit Cards to Apply for Malaysians (No, Citibank isnt one of it)
The Singapore Airline KrisFlyer AMEX Gold card is a medium entry ... Melbourne & London. No, we dont hate Citibank at all. However that is the most frequent asked question from friends & readers. Apparently Citibank has great marketing, positioning ... ( read original story ...)
Singapore demands return of army vehicles from HK
Singapore on Monday demanded the immediate return of nine armoured troop carriers impounded by Hong Kong while in transit from Taiwan, calling the seizure illegal under international law. The November seizure of the Terrex vehicles by Hong Kong customs has ... ( read original story ...)
Issues with Online Banking in Singapore
I started with DBS Bank and since I had issues with it I had a go at Citibank. As I had to use the security token ... If it can happen to me in Singapore, one of the technologically most advanced countries, imagine what kind of trouble illiterate users ... ( read original story ...)
Carat wins Standard Chartered’s global media planning & buying mandate
Carat, part of Dentsu Aegis Network, has won the Global remit for media strategy, planning and buying for Standard Chartered Bank, led out of Singapore across 60+ markets. The win follows a competitive pitch process. Standard Chartered Bank is an ... ( read original story ...)
Personal data protection: An intrinsic priority of Singapore's largest bank
DBS has over four million customers in Singapore alone. With over 280 branches across 18 markets worldwide, DBS considers personal data protection an intrinsic priority of the bank. "We deal with personal data all the time," says Mr Lam Chee Kin ... ( read original story ...)
Investing Lessons From The Stock Market Performance Of Singapore’s Blue Chips In 2016
In four previous articles of mine, I identified the top six performers and top six losers in 2016 amongst the 30 constituents of the Straits Times Index (SGX: ^STI). The 30 stocks are referred to as blue chips in the context of our local stock market. ( read original story ...)
Steady pipeline of IPOs for Singapore this year
SINGAPORE — The Singapore Exchange (SGX) is expected to witness another healthy year of initial public offering (IPO) activity in 2017 despite the rise of alternative fundraising options for companies, with analysts identifying real estate investment ... ( read original story ...)