Singapore’s GDP to grow slower this year

And with the property market showing incipient signs of recovering ... companies continue to struggle with labour shortages and slower demand. Nonetheless, Singapore’s positive business environment and sound economic fundamentals are expected to provide ... ( read original story ...)

Overly optimistic bids may derail property market rebound

While the property market is expected to head for a rebound, analysts believe the optimism surrounding Singapore’s property market may lead to market instability, reported Singapore Business Review. This comes as the intense competition for en bloc sites ... ( read original story ...)

Singapore’s Frasers Property appoints Ilaria del Beato UK CEO

Frasers Property UK, a member of Singapore-listed Frasers Centrepoint, has appointed Ilaria del Beato as its chief executive officer. Del Beato brings with her nearly 30 years of real estate and finance experience, most recently as CEO of GE Capital UK. ( read original story ...)

Home loan: What is SIBOR?

The Association of Banks in Singapore published a proposal on 4 December to improve the way it calculates SIBOR. SIBOR stands for Singapore Interbank Offered Rate, and is simply an interest rate that banks in Singapore charge to one another. While that may ... ( read original story ...)

DBS Bank to keep mortgage scheme

Paredes also said DBS Bank hopes to double the premium of its general insurance business in three years after entering into a 15-year regional general insurance distribution partnership agreement with Chubb in Hong Kong, Singapore, China and Taiwan. ( read original story ...)

Singapore property market rebound may extend through 2019

Analysts believe the four-year slump that has plagued Singapore’s property market may have come to an end as private home prices rose for a second consecutive quarter in the period ended-31 December. In fact, analysts at Credit Suisse expect home prices ... ( read original story ...)

MAS seeks more details on loans for property projects

The Monetary Authority of Singapore (MAS) placed more scrutiny on the way banks are funding property development projects, by gathering more data from them via a new survey sent out last month, reported The Business Times. The move comes as developers made ... ( read original story ...)