Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Singapore stock market, as represented by the Straits Times Index (SGX: ^STI), finished Thursday flat at 3,437.50 points. The biggest winner ... ( read original story ...)
DBS : Bank accelerates digitalisation transformation with robotics programme
In June, IBM helped DBS set up the COE. Since then, DBS has already optimised more than 50 complex business processes across the bank. Having commenced in Singapore, the RPA programme will now be progressively implemented in other markets including Hong ... ( read original story ...)
Singapore central bank warns of ‘excessive exuberance’ in property market
SINGAPORE (Reuters) - Singapore's central bank warned on Thursday of "excessive exuberance" in the city-state's private housing market, adding that it would take action, if needed, to maintain market stability. Developers have actively taken part in ... ( read original story ...)
Singapore central bank says recent property market developments may pose risks
SINGAPORE (Reuters) - Singapore's central bank warned on Thursday that an expected burst of new supply in the city-state's private housing market could pose risks to sustainable conditions, adding that it would take action, if needed, to maintain market ... ( read original story ...)
Singapore October bank lending up 1.4%: MAS
SINGAPORE - Total bank lending in October climbed 1.4 per cent from September, on the back of higher loans to financial institutions. Total domestic banking unit loans amounted to S$649.56 billion last month, up from S$640.68 billion in September ... ( read original story ...)
How To Choose The Right Credit Card in Singapore
Singapore houses a unique and wide array of spenders ... will earn you cashback and rewards on your daily shopping at several merchants. For instance, Citibank has the Citibank SMRT card which promises up to 5% savings on groceries. Shopping could be ... ( read original story ...)
Nine things you must do now to land a VP job in Asian banking
These bankers in Singapore and Kong Kong clinched quick promotions to VP level. Here’s how you could too. https://news.efinancialcareers.com/hk-en/250644/easiest-banking-jobs-hong-kong/ It’s arguably never been a better time to work at vice president ... ( read original story ...)
Singapore October bank lending rises 1.4 percent m/m
SINGAPORE, Nov 30 (Reuters) - Singapore’s total bank lending in October rose 1.4 percent from September on the back of increased lending to financial institutions, central bank data showed on Thursday. Loans and advances by domestic banking units in the ... ( read original story ...)
Which banking jobs in Singapore have the biggest vacancies?
Digital banking is a good choice. HSBC, Standard Chartered, Citi: they are three of the Western banks most entrenched in the Asian region. The first two generate most of their profits from Asia, while Citi employs more people in Singapore than any other ... ( read original story ...)
Singapore’s DBS Bank lowers India’s FY18 GDP growth to 6.6 pc
Singapore's DBS Bank today lowered India's GDP growth forecast for current fiscal to 6.6% from the previous 6.8%, citing that businesses were "still adjusting" to the new GST regime and there was "limited room" for fiscal support. The bank, however ... ( read original story ...)
DBS Bank lowers India’s FY18 GDP growth to 6.6%c
Singapore’s DBS Bank today lowered India’s GDP growth forecast for the current fiscal to 6.6 per cent from the previous 6.8 per cent, citing that businesses were “still adjusting” to the new GST regime and there were “limited room” for fiscal ... ( read original story ...)
UOB to boost employees’ digital skills to push design thinking and planning
United Overseas Bank (UOB) has unveiled the first phase of its Professional Conversion Programme (PCP) to strengthen the digital capabilities of Singapore employees. Approximately 900 branch employees including service associates and assistant branch ... ( read original story ...)
Singapore Fintech Festival 2017
IMF’s Christine Lagarde tweeted that Singapore Fintech Festival offered a ‘glimpse of the future’. And just like her I am eager to witness how Asia will embrace Fintech and how this will transform that part of the world. Here at Fintech Finance ... ( read original story ...)
OCBC Bank Is The First Singapore Bank To Tap Artificial Intelligence And Machine Learning To Combat Financial Crime
On any one typical work day, an OCBC Bank anti-money laundering (AML) compliance analyst would log into the bank’s transaction monitoring system and find up to hundreds of potentially suspicious transactions he or she had to review. These transactions ... ( read original story ...)
Singapore Stock Market May Open Under Pressure
(RTTNews.com) - The Singapore stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had advanced more than 85 points or 2.7 percent. The Straits Times Index now rests just above the 3,435 ... ( read original story ...)
Lapidoth mulls Australian, Singapore IPO for Gaval
Lapidoth is abandoning its plan for a TASE IPO for its international trading business. Investment company Lapidoth Capital Ltd. (TASE: LAPD), controlled by chairperson Jacob Luxenburg, is moving towards an IPO for Gaval, its international commercial arm. ( read original story ...)