Travel itch among the affluent bumps card billings for UOB

SINGAPORE - UOB is gunning for 40 per cent growth in billings in its regional credit and debit cards base over four years, following an outperformance this year in this competitive market, a top executive said in an interview on Tuesday. This strategy will ... ( read original story ...)

Singapore draws largest share of IPO funds in S-E Asia

SINGAPORE: The Singapore Exchange (SGX) has topped its South-east Asian peers in attracting new listings so far this year, led by three large Reit listings. The market is likely to stay healthy next year with more property sector deals expected, analysts ... ( read original story ...)

Singapore in the driving seat as it negotiates new F1 deal

SINGAPORE After negotiating Singapore's current Formula One deal, Bernie Ecclestone said in 2012 the hardest thing was explaining to the authorities that "we don't race for free". Four years on, the F1 boss appears to be frustrated again as he tries to ... ( read original story ...)

Formula One's Ecclestone seeks 'long-term' Singapore deal

Formula One supremo Bernie Ecclestone said he wants to strike a "long-term" deal with Singapore this year, playing down earlier comments that the city-state is looking to drop its iconic night race. Ecclestone's latest statement provide some positive news ... ( read original story ...)

How much are Singapore Properties Worth?

Have you ever wondered how much are Singapore’s residential properties worth? How much housing loan is outstanding in Singapore’s property market? Chart 1: Total value of Singapore’s Residential Property assets, 3Q 2016, Singstat, iCompareLoan.com ... ( read original story ...)

Singapore eyes more Spanish firms operating on the island

It is currently home to 200 Spanish businesses. More Spanish firms will be calling Singapore their casa as Parliamentary Secretary for Trade and Industry Low Yen Ling urged more business to anchor their operations in the city-state. At the Spain-Singapore ... ( read original story ...)

Researchers in Singapore trial self-driving mobility scooter

Researchers in Singapore are running a trial of self-driving mobility scooters aimed at helping people move across short distances. Nathan Frandino reports. Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest ... ( read original story ...)

Singapore central bank tests blockchain for bank-to-bank payments

Singapore’s central bank is testing out the use of blockchain for banks making payments to each other. The Monetary Authority of Singapore (MAS), the country’s central bank, is working with IT supplier R3 and a consortium of financial institutions on a ... ( read original story ...)

Oversea Chinese Banking : Bank of Singapore to open in UAE

Dubai - Mubasher: Bank of Singapore has been granted a Category 4 licence to open a branch in the Dubai International Financial Centre (DIFC), according to a statement. The bank will offer a comprehensive range of customised private banking solutions. ( read original story ...)

Bank of Singapore sets up branch in Dubai financial free zone

Bank of Singapore (BoS), a subsidiary of Singapore's second biggest lender OCBC Bank, said here on Tuesday it has been granted a Category 4 licence to operate a branch in the Dubai International Financial Center (DIFC). The license allows BoS to offer a ... ( read original story ...)

People: CME hires new energy head for Asia-Pacific

Commonwealth Bank has appointed Jason Dunn as global head of commodities structuring in Singapore, according to a source familiar with the move. Prior to joining the Australian bank in September, Dunn worked for Noble Group as a director of client solutions. ( read original story ...)

Private banks to disclose all fees and charges in bond sales

SINGAPORE – Come March, private banks in Singapore will have to disclose fully all fees, charges and rebates in bond sales under enhanced standards in the Private Banking Code of Conduct, the Association of Banks in Singapore (ABS) said on Tuesday (Nov 22). ( read original story ...)