Category: FINANCE

The move comes after the start-up received its Capital Market Services licence from the Monetary Authority of Singapore in August. In March, United Overseas Bank (UOB) announced its US$10 million (S$14.3 million) investment in the start-up for an ... ( read original story ...)

Denes Ban said: “We are excited to be operating in Singapore, which is fast becoming a leading global fintech center. We look forward to strengthening our winning team of UOB and the Sassoon family by adding new Singapore partners, investors, and ... ( read original story ...)

You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,228 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. You can find out more information about the SSB here. ( read original story ...)

UOB notes that this is possibly a result of the weaker real wage growth and less-tight labour market, and evident in the contraction in Singapore’s retail sales numbers over the past year. "Faced with the onset of poorer economic prospects and job market ... ( read original story ...)

Profit-taking on DBS Group, Genting Singapore, Wilmar International and Global Logistic ... Strong buying interest in UOB Group and Singtel helped bolster the market. UOB rose 0.9 per cent or 18 cents to $21.01, while the telco climbed 0.3 per cent or ... ( read original story ...)

SINGAPORE (Nov 30): UOB Kay Hian is keeping its “overweight” call on the Singapore banking sector while maintaining its “buy” recommendations on DBS Group and Oversea-Chinese Banking Corp (OCBC) at target prices of S$20.15 and S$10.45 respectively. ( read original story ...)

It also believes that enhanced government support for Singapore-based offshore marine companies will ... NPL formation up to 3Q16 remained high. Positively, OCBC and UOB have indicated that no new names were identified in 3Q16. ( read original story ...)

SINGAPORE: The Monetary Authority of Singapore (MAS) said on Friday (Dec 9) it is aware of the case involving DBS Hong Kong whose employees were reportedly arrested over an alleged leak of customer data. It added that DBS is cooperating with Hong Kong ... ( read original story ...)

... home prices in Singapore are forecast to dip by 3 to 7 per cent next year, while rents are expected to fall by 5 to 10 per cent, burdened by persistent housing oversupply and the imminent rise in interest rates, said OCBC Investment Research analysts ... ( read original story ...)

This article was originally on GET.com at: 10 Best Attractions In Singapore Measuring at just a little under 720 square kms, Singapore does not exactly have a big land area to explore for those who want a little adventure. However the island city-state has ... ( read original story ...)

SINGAPORE: The Monetary Authority of Singapore (MAS) on Friday (Dec 9) said it is cooperating with Hong Kong authorities on a case involving DBS Hong Kong whose employees were reportedly arrested over an alleged leak of customer data. According to a ... ( read original story ...)

Businesses explain why Singapore seems to take the lead over HK. According to Bloomberg, tax benefits, government help and easy access to regional markets led Joe Seunghyun Cho to choose Singapore as the headquarters for his six financial technology ... ( read original story ...)

Its economic, fiscal and financial buffers often surpass those of AAA-rated peers. Moody's said in a report that its outlook for Singapore's Aaa rating is stable as it expects the government's prudent policies and sound financial position to support the ... ( read original story ...)

Nearly 9 in 10 businesses in the city said so. Singapore, Hong Kong and Shanghai are identified as the top three cities as ideal IT hubs in Asia, according to a survey conducted by IDG Connect. According to IDG Connect, current location has a huge bearing ... ( read original story ...)

In 2014, the long arm of the law decided to outlaw online gambling. But this year, they’ve decided to legalise it—but only for local operators Singapore Pools and Singapore Turf Club, in an attempt to get a slice of that sweet, sweet money from online ... ( read original story ...)

SINGAPORE (Reuters) - The Singapore exchange on Thursday suffered its second trading disruption in five months, with the frequency of the stoppages frustrating investors even as authorities try to revitalise the bourse in one of Asia's major financial hubs ... ( read original story ...)