Salaries surge at OCBC, but Singapore banks cut headcount

People are getting paid more at OCBC. But Singapore bank results show headcount is falling. The sudden addition of scores of expensive Barclays bankers to its ranks has helped ... ( read original story ...)

RHB Bank gives Singapore football S$1.5m boost

SINGAPORE — It has been a turbulent few weeks for local football, with the sport reeling from revelations of amateur club Tiong Bahru Football Club’s (TBFC) S$500,000 donation to the Asean Football Federation, and a subsequent police raid on the ... ( read original story ...)

IE Singapore helps SMEs tap booming Vietnam market

The last offers a blend of Vietnamese street food. Property developers such as CapitaLand and Keppel Land represent “the first wave” of Singapore companies that established a beachhead in Vietnam in the early 1990s, notes Tan. Besides F&B operators ... ( read original story ...)

Singapore Banks' Hong Kong Envy

Ezra Holdings Ltd., the Singapore-listed offshore services group that sought protection from creditors in the U.S. last month, counts DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. among its biggest unsecured creditors. United Overseas Bank Ltd ... ( read original story ...)

Singapore Creates S$1 Billion Innovation Fund to Drive Growth

The Makara Innovation Fund -- a collaboration between the Intellectual Property Office of Singapore and local private equity firm Makara Capital-- will invest S$30 to S$150 million each in 10 to 15 companies with globally competitive technologies over ... ( read original story ...)

Bank lending in Singapore, Malaysia, Australia and Basel III

How does Basel III Affect Bank Lending in Singapore, Malaysia and Australia? How will Basel affect the macro lending environment? This Basel is not to be confused with Basil, a spice you can use for your pizza and other food. The Basel Committee on Banking ... ( read original story ...)

Get ready for upturn in Singapore property market

I recall walking into a property showroom one Saturday morning near the peak of the property cycle in 2013 to be greeted by an agent who excitedly proclaimed that purchasing a unit was just like buying vegetables. With property prices trending in only one ... ( read original story ...)

HDB loan vs bank loan

However, CPF rates do not change often. For bank loans, things get a bit more complicated. Bank loans can be based on the Singapore Interbank Offered Rate (SIBOR), Swap Offer Rate (SOR), or a bank’s Internal Board Rate (IBR), of which Fixed Deposit Home ... ( read original story ...)

News Roundup (April 2017)

Our top Singapore property stories. Is Singapore’s housing market on the road to recovery? The recovery in Singapore’s residential property market appears to be gathering pace following a protracted downtrend, revealed a CNBC report. The inflection ... ( read original story ...)

Should Singaporeans Be Grateful for Property Cooling Measures?

Singapore’s Second Minister for Finance Lawrence Wong said in a Bloomberg TV interview that the government hasn’t “made any movement in the budget” to relax the property cooling measures because “demand remains very resilient” and “property ... ( read original story ...)

World Bank targets Singapore retail investors

SINGAPORE, April 10 (IFR) - The International Bank for Reconstruction and Development, or World Bank, is exploring a potential issue of retail bonds in Singapore to boost interest in sustainable development bonds and tap the affluent population. In a ... ( read original story ...)