Strong regulatory support from MAS buoyed the lion city to score the APAC crown. Singapore easily beat Hong Kong and Australia in its readiness for open banking, according to a report by the International Data Corporation. The report assesses a country's ... ( read original story ...)
Singapore’s bank lending rises 0.8 pct in April from month earlier
SINGAPORE, May 31 (Reuters) - Singapore’s total bank lending rose 0.8 percent in April from a month earlier as loans to businesses increased, central bank data showed on Thursday. Loans and advances by domestic banking units in the city-state amounted to ... ( read original story ...)
Singapore Airlines Business Class Award Space for 4 Passengers, US-Asia
American Express, Citibank, Chase, Capital One and other banks are advertising ... and cash back (and currencies that can be converted into the same). If you have Singapore Airlines miles first class awards turn out to be easy to book — on their old ... ( read original story ...)
Tech In Check: OCBC Bank’s head of digital Cedric Dias
Kicking off the series is Cedric Dias (pictured), head of digital marketing, consumer financial services Singapore, OCBC Bank. In his current role, Dias is tasked with growing the digital footprint, creating meaningful engagements with consumers and ... ( read original story ...)
Singapore: DBS Group Holdings Ltd (DBSM:SI) Heffx Daily Technicals
Overall, the bias in prices is: Sideways. The projected upper bound is: 29.44. The projected lower bound is: 27.04. The projected closing price is: 28.24. A black body occurred (because prices closed lower than they opened). During the past 10 bars, there ... ( read original story ...)
Losses loom for Singapore banks as Hyflux struggles to stay liquid: Moody’s
Half of the embattled firm’s debt comes in the form of unsecured bank loans. Around 30 local Singapore banks and foreign subsidiaries run the risk of registering losses as water treatment firm Hyflux struggles to stay afloat after it applied for court ... ( read original story ...)
5 UOB YOLO Card Benefits and Promotions You Need to Know About in 2018
Since it was introduced in 2017, the UOB YOLO Card has become the best credit card in Singapore for weekend dining and entertainment. And UOB has made it even better. For new cardmembers who sign up and are approved by 30 Jun 2018, you get up to 12% ... ( read original story ...)
AirAsia shares tumble as India probe threatens IPO plans
SINGAPORE/KUALA LUMPUR (Reuters) - AirAsia Group Bhd (AIRA.KL) shares plunged on Wednesday after federal police in India filed a case against the airline accusing it of corruption - a probe that threatens to delay its India unit’s IPO plans and ... ( read original story ...)
How chest-thumping nationalism killed potent stock connect between India & Singapore
A stock connect between India and Singapore, modeled on the popular Shanghai-Hong Kong ... and investors are fleeing emerging-market risk. So India wants all its equity derivative trading to go to … the boondocks. SGX clearly underestimated the zeal ... ( read original story ...)
Singapore bourse delays Indian futures launch amid legal dispute
Singapore’s stock exchange has delayed the launch of its new Indian ... who rely on SGX’s platform to manage the risks of their exposures to the Indian market, and significantly diminishes access to, and interest in the capital markets in India”. ( read original story ...)
Singapore & the future of finance: global lighthouse on a little island
In 1942, Austrian economic prophet Joseph Schumpeter coined the term “creative destruction.” Schumpeter envisioned innovation to be the key driver by which industries are “destroyed” and replaced with newer, more creative ones. This force is seen ... ( read original story ...)
Standard Chartered takes on new team head in Singapore hiring drive
Standard Chartered has made another senior hire in Singapore as part of its digital-banking expansion. Burak Ceviz joined Stan Chart earlier this month from Turkey’s Odeabank as head of digital servicing, according to his public profile. Ceviz’s moves ... ( read original story ...)
Finance Twitter says Dr M will give LKY son the run for the money!
With 90% of the railroad project to be done in Malaysia, and most of the expenditure falling on the Malaysian government, was there really a need for Singapore to be involved? The Finance Twitter site said, Tun Dr Mahathir Mohamad is moving for the kill as ... ( read original story ...)
Genting Singapore may be the major victim of the dropped HSR project
Will Genting Singapore be the major victim of the the Malaysian Government’s decision to scrap the high-speed rail project between Singapore and Kuala Lumpur? The Prime Minister of Malaysia, Dr Mahathir Muhammad had yesterday in no uncertain terms ... ( read original story ...)
TH Group expects IPO in Singapore within next two years
TH Group may one-up Vietjet and VNG by becoming the first Vietnamese firm to have its stock listed on an overseas stock exchange. However, the IPO is planned for 2020, which leaves a lot of space for action for the other firms. The first phase of TH Group ... ( read original story ...)
Singapore Shares: Support Expected At 3,500 Points
The Singapore stock market headed south again on Friday, one session after it had halted the two-day slide in which it had fallen more than 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,515-point plateau and it may tick ... ( read original story ...)