at US$107,424 — over 30 per cent larger than that of the average millennial in Singapore. In contrast, POSB, with a tradition of offering low-cost banking services for the mass market, captures the smallest wallet size at US$36,959, the survey showed. ( read original story ...)
DBS wades into used car market with launch of online site
SINGAPORE — Singapore’s largest lender officially launched DBS Car Marketplace yesterday, the biggest direct seller-to-buyer car marketplace in the Republic, in partnership with sgCarMart and Carro. DBS Bank said buyers can get an online interest rate ... ( read original story ...)
“I’m an Aussie banker in Singapore and I’m shocked by ruthless recruiters here”
I’ve just moved from Sydney to Singapore and I’m shocked by how ruthless and aggressive banking recruiters are here. http://news.efinancialcareers.com/sg-en/292319/recruitment-times-banking-singapore/ I moved to Singapore from Sydney earlier this year ... ( read original story ...)
Renewed Consolidation Called For Singapore Stock Market
(RTTNews.com) - The Singapore stock market on Thursday ended the four-day slide in which it had surrendered almost 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,325-point plateau although it figures to head south again on ... ( read original story ...)
Singapore’s OCBC aims to tap flagship Chinese initiatives for growth
Singapore’s second largest lender, Oversea Chinese Banking Corporation, aims to benefit from China’s flagship “Belt and Road Initiative” and Greater Bay Area projects, according to chief executive Samuel Tsien. OCBC hopes to profit from servicing ... ( read original story ...)
Singapore playing catch-up in mobile banking use: Study
SINGAPORE —Despite the Republic having one of the highest mobile penetration rates among millennials in the world, only 67 per cent of this group indicated regular mobile banking use. This contrasts with market leaders the United States (78 per cent) and ... ( read original story ...)
How Did the Singapore Stock Market Perform Today?
Hi, Fools! Here are three things about the local stock market and investing in general that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended the day after our nation’s birthday at 3,323.24 points. This was a slight increase ... ( read original story ...)
DBS unveils Singapore’s first bank-led car marketplace
Singapore's largest bank DBS made history as it launched its own car marketplace in partnership with sgCarMart and Carro. The launch of the DBS Car Marketplace follows the recent proposal by the Monetary Authority of Singapore to relax anti-commingling ... ( read original story ...)
M’sia to benefit greatly from Asean’s infrastructure-backed growth – HSBC
KUALA LUMPUR: Malaysia is expected to reap immense benefits from ASEAN’s infrastructure -backed growth, says HSBC Bank Malaysia Bhd ... such as the East Coast Rail Link and the Kuala Lumpur-Singapore High-Speed Rail project. “Meanwhile, a strategic ... ( read original story ...)
HSBC takes tech route to end trade paper trail
HSBC now aims to revolutionise the $2tn world of documented ... a partner at consultancy Bain & Co in Singapore. “That has struggled over the last 20 years for a few reasons” including the difficulty in getting all constituents to move together. ( read original story ...)
Are DBS Be Your Own Boss (BYOB) and Save as You Earned (SAYE) Account Good?
You must also not having a salary credit arrangement with POSB/DBS bank from 01 Sep 16 to 28 Feb 17 ... If you put your money for 1 or 2 years in a Singapore Savings Bonds, it will net you 1.23%/yr. When you evaluate, you have to be realistic how ... ( read original story ...
DBS Bank launches online marketplace for buying, selling cars
SINGAPORE - DBS Bank has launched an online marketplace for cars, the first of its kind in Singapore to be helmed by a bank - a one-stop solution for those looking to purchase or sells cars. The launch comes after a proposal by the Monetary Authority of ... ( read original story ...)
It could now take you 23 weeks to find a new banking job in Singapore
To find out, we asked several Singapore recruiters (Black Swan, Charterhouse, KS International, LMA, Morgan McKinley, Nastrac, Selby Jennings, Randstad, and Robert Walters) to provide minimum and maximum hiring times across 10 broad banking job functions. ( read original story ...)
CFTE to help ASEAN finance professionals acquire Finance 2.0 skills
The Centre for Finance, Technology and Entrepreneurship (CFTE) has been working closely with the Monetary Authority of Singapore (MAS) to formalise plans to expand CFTE’s education initiative to the ASEAN with the purpose of training finance ... ( read original story ...)
Take part in UOB’s 2017 Painting of the Year
The annual UOB POY competition is the longest-running art competition in Singapore and is one of the most prestigious in Southeast Asia. Currently, it is held in four countries in the region – Indonesia, Malaysia, Singapore and Thailand. Over the years ... ( read original story ...)
DesignSingapore Council Awards Four Scholarships
Singapore Writers Festival 2017 recently unveiled a line-up of famous international writers that wil... Take part in UOB’s 2017 Painting of the Year United Overseas Bank (UOB) is calling for entries for this year’s 36th UOB Painting of the Year (U... ( read original story ...)