Category: FINANCE

Finance Minister Heng Swee Keat said besides spending prudently and effectively there is a need to grow Singapore's revenue through new taxes or raising taxes over time. During his Budget 2017 round-up speech, the minister noted that this challenge of ... ( read original story ...)

Credit Suisse in Singapore has launched two solutions in the digital space to keep up with consumer expectations: digital client on boarding for private banking and automated account aggregation and reporting. Digital client onboarding for private ... ( read original story ...)

Mesitis will enable the bank’s Singapore-domiciled clients who have accounts with Credit Suisse’s Singapore Branch to participate in a pilot program to gain access to Canopy that allows access to bankable and non-bankable assets across different ... ( read original story ...)

And it wants to poach bankers who’ve just moved from Barclays to Bank of Singapore. http://news.efinancialcareers.com/sg-en/213178/this-is-what-your-private-banking-salary-and-bonus-should-be-in-singapore/ The ex-Barclays bosses heading up Standard ... ( read original story ...)

SINGAPORE Singapore's inflation rose at its fastest pace in two years in January, led by services and oil-related items, virtually shutting out the prospect of further monetary policy easing at the central bank's next meeting in April. The all-items ... ( read original story ...)

(Bloomberg) -- Deutsche Bank AG plans to review strategic options over coming weeks that include a capital increase and the partial sale of its asset-management business, according to people with knowledge of the plans. The supervisory board is scheduled ... ( read original story ...)

(Bloomberg) -- Deutsche Bank AG is nearing a plan to boost capital by more than 10 billion euros ($10.6 billion) through an equity offering and the partial sale of its asset management unit, according to people with knowledge of the discussions. The ... ( read original story ...)

SINGAPORE (Feb 22): UOB KayHian is maintaining its “overweight” rating on the local banking sector, keeping DBS Group Holdings and Oversea-Chinese Banking Corp as its top buys. In a Monday report, UOB lead analyst Jonathan Koh says the outlook for 2017 ... ( read original story ...)

A new offering from DBS is a first in Singapore, according to the bank, by allowing clients to conduct their banking transactions, manage their wealth and also trade on a single platform. A new offering from DBS is a first in Singapore, according to the ... ( read original story ...)

The Singapore dollar has dropped against most major currencies on Friday as surveys showed private sector growth is slowing and inflation outlook remains subdued in the island economy. Despite the broad weakness in the US dollar, the Singdollar weakened ... ( read original story ...)

A general view of factories at an industrial park in Singapore September 16, 2014. Reuters Singapore's private sector growth indicator has dropped to a 4-month low in February, due to slower expansions in output, new orders and hiring, according to the ... ( read original story ...)

A bus stop in Jurong, Singapore. Singaporean firm DP Architects says it has designed a bus stop that “makes waiting fun.” The bus stop, first spotted by Citylab, features swings, books, a rooftop garden, bicycle parking, phone chargers, artwork by ... ( read original story ...)