Category: PROPERTY

China’s 4th largest bank, Bank of China has announced that Singapore will be home to its Bank of China Innovation Lab in their bid to propel the bank to a new era. This lab intended to serve the follo... ( read original story ...)

co.lab will help Australian fintechs crack the Asian market. Australian bank Westpac has unveiled an Asia innovation hub called co.lab in Singapore as it aims to ease the growth plans of fintech firms ... ( read original story ...)

SINGAPORE - Deutsche Bank on Wednesday (Nov 13) launched its first Asia-Pacific innovation lab in Singapore, and will develop ideas with start-ups for its wealth management business. The German bank d... ( read original story ...)

Singapore continues to make groundbreaking moves in the cryptocurrency world. The country has been lauded as one of the most crypto-friendly environments despite the fact that the central government h... ( read original story ...)

The Monetary Authority of Singapore (MAS) concluded and exchanged the cooperation agreements with the People's Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC) this week duri... ( read original story ...)

MAS’ statutory bail-in regime only applies to Singapore-incorporated banks and Singapore-incorporated bank holding companies (at least one subsidiary which is a Singapore-incorporated bank) (each, a “ ... ( read original story ...)

Using the Sharia principle of “murabaha” or marked-up sale, you then sell those commodities back to the bank after a period of time, for a profit. Interestingly, in the case of Maybank’s Singapore Dol... ( read original story ...)

The move is a part of its strategy to further digitise client solutions. Deutsche Bank has unveiled its first Asia Pacific Innovation Lab in Singapore, according to a media release. The Innovation Lab ... ( read original story ...)

Property stocks have certainly taken a hit in recent months. The Singapore government’s sudden announcement of additional property cooling measures caused related stocks to tumble in July. City Develo... ( read original story ...)

Already the world’s largest destination for real estate investment, Asia’s emergent middle-class population and improving business environment mean the opportunities available are only set to expand, ... ( read original story ...)

Property experts had previously thought that the government’s property cooling measures introduced mid-way through 2018 would have a chilling effect on the market. However, it seems that may not be th... ( read original story ...)

The property has four distinctive residences: the Royal Suite, Governor Suite, Ambassador Suite and the Presidential Suite. On the 18th floor, the Royal Suite (measuring (1,615 square feet) was inspir... ( read original story ...)

Revenue from its Singapore strategic business unit climbed 58% to $1.36b. Frasers Property saw its profit jump 10.1% YoY from $689.1m to $759m for its FY 2018, an announcement revealed. Revenue also i... ( read original story ...)

Investors who once found a safe haven in Singapore's property market are rethinking their strategies after the surprise cooling measures introduced in July is increasingly weighing on the returns of t... ( read original story ...)

An elite roster of winning properties and developers took the stage at the 8th annual PropertyGuru Asia Property Awards (Singapore) gala dinner, presented by Kohler on Friday evening (12 October) at t... ( read original story ...)

Trade tensions and higher interest rates will dampen borrowing. Loans extended by Singapore banks is poised to fall to 4% by end-2018 and 3% by 2019 as deepening US-China trade tensions and an upswing ... ( read original story ...)