now head of banking at search firm IGS Asia in Singapore. “They have less interest in the meagre 2% to 5% returns from products that just serve to beat deposits rates or inflation.” This means RMs are increasingly working behind the scenes with product ... ( read original story ...)
Singapore among Asian economies set for robust export growth in 2018
SINGAPORE: HSBC Global Research has revised its export forecasts upwards for Asia especially for more trade dependent economies such as Singapore, Malaysia, Korea, Taiwan and Thailand given the region’s strong growth numbers over 2H17, with exports ... ( read original story ...)
The Singapore Stock Market Today: Clearbridge Health Ltd Makes Its Debut
Welcome to a brand-new week, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended Monday at 3,414.82 points, down 2.12 points or 0.06%. Singapore ... ( read original story ...)
Find out which Singapore bank leads in productivity
DBS had the most productive workforce with income per employee at $538,805 annually as of 3Q2017, significantly above the $323,465 for OCBC and $361,289 for UOB. "DBS benefits from economies of scale due to its established presence in Singapore and Hong ... ( read original story ...)
HR Asia Announces Singapore’s Best Companies to Work for in Asia
SINGAPORE, Dec. 18, 2017 /PRNewswire/ -- Twenty-one Singaporean companies have been named the Best Companies to Work for in Asia by human-resource publication, HR Asia. This year, 6,680 employees from a total of 188 companies across Singapore responded to ... ( read original story ...)
The overly pampered NETS enjoys a secured place in the payment industry
32 years ago, Singapore’s leading local banks back then – DBS Bank Ltd, Keppel Bank, OCBC Bank, OUB, POSB, Tat Lee Bank and United Overseas Bank Limited – founded Network for Electronic Transfers (NETS). The aim was to establish a debit network and ... ( read original story ...)
Nine in 10 Singapore SMEs successful in securing debt financing: Spring Singapore survey
Spring Singapore added that a top finance-related challenge for SMEs was managing delays in customers' payment which affected cash flow and working capital management. ( read original story ...)
Singapore – MAS Issues Guide To Digital Token Offerings.
On 14 November 2017, the Monetary Authority of Singapore (“MAS”) issued a guide to digital token offerings which provides general guidance on the application of securities laws in Singapore, in particular the Securities and Futures Act (“SFA”) and ... ( read original story ...)
Watson Farley seals new Singapore alliance after calling time on previous joint law venture
Wong is a banking and finance lawyer while Lim specialises in litigation. The firm, which has six directors, focuses on corporate and banking, litigation and arbitration and real estate. The deal hands Watson Farley a full-service Singapore law practice ... ( read original story ...)
‘Chennai 2 Singapore’ review: Spoofing romance
Chennai 2 Singapore is a non-serious attempt at making an adventure ... his Singaporean cameraman friend (Rajesh Balachandiran), to finance his girlfriend Roshini’s (played by Anju Kurian) cancer treatment. But, let the film’s plot not fool you ... ( read original story ...)
Singapore Online Insurer announces 200% YoY Revenue Growth from Online Sales
Etiqa is the first insurer to integrate with ‘MyInfo’, a digital data vault launched by Government Technology Agency of Singapore (GovTech) and the Ministry of Finance. With this, over 3.3 million consumers on SingPass can purchase insurance in record ... ( read original story ...)
Singapore: The choice of a new generation
Singapore Airlines, Nok Airlines PLC and Park Hotel Group. The summit took premiered new showcases from the all-new Finance industry sector track – bringing together retail banks, private wealth management, personal finance, fintech start-ups and ... ( read original story ...)
KL-Singapore High-Speed Rail to run 4 trains every hour when operations commence in 2026
MyHSR, which falls under the umbrella of Malaysia’s Ministry of Finance, is collaborating with the Land Transport Authority on the project. Out of the 350km line, only 15km will be in Singapore, The Straits Times noted. The project is scheduled to start ... ( read original story ...)
TransferTo and Fern Software Awarded Grant during the Singapore Fintech Festival
The grant has been awarded as part of the United Nations Capital Development Fund (UNCDF) Shaping Inclusive Finance Transformations (SHIFT) Challenge Fund Titled ‘Linking remittances as a catalyst for financial inclusion and women’s economic empowerm ... ( read original story ...)
Singapore’s million-dollar HDB hotspots
In this article, we delve deeper into the prices, locations and transaction volumes of these “million-dollar” flats. Singapore’s million-dollar HDBs hotspots Bishan and Toa Payoh “Hot areas” such as Bishan and Toa Payoh consistently attract ... ( read original story ...)
Sense of underlying unease in Indian market, says DBS Bank
Singapore's DBS Bank said today. While the equity markets and rupee have held their ground, the "cautious mood" is most palpable in the debt markets, the multinational banking and financial services corporation said in a daily market report. DBS noted that ... ( read original story ...)