Singapore Q4 GDP beats forecasts as manufacturing rebounds

SINGAPORE (Reuters) - Singapore's economy posted surprisingly strong growth in the fourth quarter, although the outlook is clouded by worries over a slowdown in China and uncertainty over rising global trade protectionism under the incoming Trump ... ( read original story ...)

India, Indonesia Key Areas of Focus for DBS in 2017

DBS' wealth management business has quadrupled over the past six years and now accounts for to 13 to 14 percent of group revenue. "Over the next five years, we think it could get up to 20 percent," he said in a report on Singapore banks' prospects during ... ( read original story ...)

MIT Signs with OCBC Bank in Singapore

MIT secures contract with Major Bank in Singapore for its TRAC system MIT successfully acquired yet another new major customer when it signed a contract with OCBC Bank, on May 10th 2016 to support the bank’s Commodity Trade Finance business with its TRAC ... ( read original story ...)

Forecast: Singapore economy will likely dodge recession

Head of treasury research and strategy at OCBC Bank, Ms Selena Ling The committee is charged with finding strategies to keep the Republic's economy competitive and identify areas of growth. Although most analysts see the Monetary Authority of Singapore ... ( read original story ...)

Singapore Slingers turn back fighting Alab Pilipinas anew

Time and again, Bobby Ray Parks Jr. and Alab Pilipinas kept coming at the home team Slingers on Sunday at the OCBC Arena in Singapore. Time and again as well, however, reinforcements Justin Howard and Xavier Alexander came through for the Singaporeans. ( read original story ...)

Singapore banking on rising interest rates

SINGAPORE (Dec 19): Singapore banks are set to see net interest ... The research house is putting OCBC as its preferred bet for the sector. According to Lim, this is due to OCBC’s ability to maintain lower-than-peers’ credit cost trends; its position ... ( read original story ...)

The 10 best countries for expats to work in

However, 53% of expats working in Singapore said they felt more fulfillment in their jobs. Average expat salary: $84,802. 71% of expats who go to Sweden to work say the work culture is an improvement on their native country. Dean Blackburn, Head of HSBC ... ( read original story ...)

The Netherlands drops in HSBC's Expat Explorer Survey ranking

HSBC’s Expat Explorer Survey is in its ninth year ... For example, job security, life-work balance and the cost of raising children were rated far higher than Singapore, the winner of the Expat Explorer Survey. For culture and social life however ... ( read original story ...)

90% car loan in Singapore – How it works?

Singaporean or Singapore PR only • Applicant must be Sole-proprietor ... Step 3 – Get a Loan with a Bank or in-house finance. • Step 4 – Register the car under Z10 for cars and Z11 for station wagon, jeeps and land rover. o Z10 and Z11 is the ... ( read original story ...)

Singapore Exchange courts IPOs with contentious weapon

SINGAPORE -- The Singapore Exchange has long promoted itself as the "Gateway to Asia" for international companies and investors seeking funds from the region. The problem is that SGX is steadily losing traffic flow to its rivals, particularly the Hong Kong ... ( read original story ...)

Rising global economic tide may not lift Singapore's boat

"This time it's different," said Francis Tan, UOB economist. "Unlike in the past where there seemed to be quite a correlation between global growth and Singapore's growth, sadly there's a disjoint now." The World Bank forecasts 2017's global growth at 2.8 ... ( read original story ...)