When does the Reserve Bank of India intervene and what are some of the key steps it takes? The story so far: On November 17, the Centre, acting on the recommendation of the Reserve Bank of India (RBI) ... ( read original story ...)
Singapore ready to launch wholesale CBDC, local exec says
Singapore is ready to launch its own CBDC, which will facilitate inter-bank settlements, says CFO at Singapore's central bank. ( read original story ...)
Mizuho to Cut Singapore Office Space on Work-From-Home Success
Mizuho Financial Group Inc. is set to trim its Singapore office space, as the Japanese bank looks to revamp the workplace in global financial centers in the wake of the pandemic. ( read original story ...)
Chinese property buyers sharpen focus on Portugal and Singapore, shun four spots troubled by geopolitical risks
Property investors from mainland China are sharpening their focus on Portugal and Singapore as alternative investment locations, while shifting more money out of traditional markets like the US and ... ( read original story ...)
This Time, India Is Getting a Bank Rescue Right
Another Indian bank has failed, the third collapse of a major deposit-taking institution in 15 months and the first since the onset of the coronavirus pandemic. But instead of allowing a zombie lender ... ( read original story ...)
Business Live: Shares flat as focus shifts to rising coronavirus cases; troubled Lakshmi Vilas Bank set to be handed over to Singapore’s DBS
India set to hand troubled Lakshmi Vilas Bank to Singapore's DBS. Th troubled lender may have a suitor, after all. Reuters reports: "Lakshmi Vilas Bank is set to be folded into th ... ( read original story ...)
Buying or renting your own place in Singapore? Here’s a guide to help you
So, you want to get a “bachelor pad”, which essentially, is a home for a single man to call his own. (For women, it’s usually referred to as a “bachelorette pad”, but in this article, we’ll use the ... ( read original story ...)
Goldman expects an 18% return for Asia-Pacific stocks in 2021 — here are the bank’s investment ideas
Pacific will likely be in "a sweet spot" in 2021 as economies grow and interest rates fall — and that will benefit stocks, said Goldman Sachs. ( read original story ...)
6 Sustainable Residences in Singapore for Families Going Green
More and more families in Singapore are adopting eco-friendly lifestyles, starting with choosing beautiful, convenient and green homes. Here are 6 PropertyGuru Singapore Property Award-winning ... ( read original story ...)
Singapore Property Market Index Q4 2020
In the property sector, the third quarter of 2020 saw a burst of activity, with the PropertyGuru Singapore Property Market Index Q4 2020 (PMI Q4 2020) recording a 0.41% increase from 111.9 to 112.4 ... ( read original story ...)
Singapore new private home sales plunge 51.7% in October after new curbs
New private home sales in Singapore plunged more than 50 per cent in October amid a dearth of fresh projects and restrictions on the ... ( read original story ...)
Singapore minister says mega trade deal backed by China ‘signals a commitment’ to economic integration
Pacific countries, including China, Japan, Australia and Singapore, on Sunday signed the Regional Comprehensive Economic Partnership (RCEP). ( read original story ...)
Southeast Asian Currencies Face Central Bank Hurdles This Week
A rally in Southeast Asia’s currencies is petering out as a global surge in coronavirus infections tampered vaccine optimism. Policy outlooks by three central banks this week may offer clues for ... ( read original story ...)
Singapore property solutions firm rolls out tech platform in Philippines
When Ohmyhome, Singapore’s market leader in property solutions platforms, expanded into the Philippines in September, it saw that the demand for residential properties remained strong amid the ... ( read original story ...)
APAC Commercial Property Deals Dive 38% in Q3 as Singapore, HK Go Quiet
Asia Pacific commercial property transactions fell to $26 billion in the third quarter as they tumbled 38 percent year-on-year. ( read original story ...)
Undeterred by COVID-19, Singaporeans on property buying binge
The government cautions Singaporeans from the lure of cheap mortgages, and to remain prudent "given the labour market uncertainties in the current economic situation". ( read original story ...)