Singapore’s financial regulator, The Monetary Authority of Singapore, recently announced plans to grant up to five digital bank licenses. Applications which are open to non-bank participants will ... ( read original story ...)
Singapore virtual banks to snag up to 2% market share
"The commercial banks in Singapore are not as active in the unsecured space," said Simon Chen, a bank analyst at Moody's Investors Service in Singapore. "It's a small proportion of the banks' loan ... ( read original story ...)
Property market remains resilient despite school holidays
Demand for new homes in June - typically a slow month in the Singapore property market due to the school holidays - appeared resilient although developers sold fewer units. Analysts noted that last ... ( read original story ...)
Myanmar nationals stage protest outside Singapore Embassy in US capital
The protest was held in support of several Myanmar nationals who were recently arrested in Singapore, according to a Burma News International report. Another protest was scheduled to be held outside ... ( read original story ...)
IMF cuts forecast for Singapore’s 2019 economic growth to 2%
SINGAPORE (Reuters) - The International Monetary Fund (IMF) has trimmed its 2019 economic growth forecast for Singapore to 2% from 2.3%, the Washington-based lender said on Tuesday, as global trade ... ( read original story ...)
Singapore 2019 Economic Growth Outlook Lowered to 2% by IMF
The International Monetary Fund sees Singapore’s economic growth slowing to 2% in 2019 as global trade tensions hurt external demand. Growth will probably stabilize in the “medium term” around 2.5%, ... ( read original story ...)
IMF says Singapore’s financial sector oversight ‘among the best globally’ but sees economy slowing to 2%
SINGAPORE (July 16): The International Monetary Fund (IMF) has reaffirmed Singapore’s financial sector oversight to be “among the best globally”. The economic fundamentals of Singapore were strong and ... ( read original story ...)
What Are The MOM Retrenchment Benefits in Singapore? Read If You Think You Might Be Retrenched Soon
In case it happens to you, you should know about MOM retrenchment benefits in Singapore. Retrenchment is a risk any private sector employee faces. While waves of retrenchment ebb and flow, a recent ... ( read original story ...)
Singtel will give free mobile data to people that walk
Aggressive' and 'intense' competition from a carrier in India as well as only counting prepaid customers who are actually paying for a service saw Singtel Group drop 40 million mobile customers in the ... ( read original story ...)
Southeast Asian tech boom leaves Singapore exchange standing
When Singapore’s homegrown technology unicorns Razer and Sea Group cantered off to list in Hong Kong and New York a couple of years ago, the city-state’s bourse knew things had to change. The ... ( read original story ...)
Is the Singapore Stock Market Expensive Right Now?
Knowing the valuation of the Singapore stock market can help us to simplify our investing decision. There are two methods to determine if Singapore shares are cheap or expensive currently. The first ... ( read original story ...)
IMF urges Singapore banks to strengthen FX liquidity
The fund also recommended changes to bank regulations to ensure that lenders are able to access sufficient amounts of foreign exchange in times of crisis. "Singapore's financial system is ... ( read original story ...)
Singapore’s TPG Offers Free Unlimited Data Roaming in Malaysia and Indonesia
TPG, Singapore's 4th mobile operator announced that it will offer free unlimited data roaming in Malaysia and Indonesia for its subscribers from mid-July 2019. TPG subscribers can enjoy hassle-free ... ( read original story ...)
IMF reaffirms Singapore’s financial sector oversight as ‘among the best globally’
SINGAPORE (July 17): The International Monetary Fund (IMF) has reaffirmed Singapore’s financial sector oversight to be “among the best globally”. The economic fundamentals of Singapore were strong and ... ( read original story ...)
Billionaire James Dyson buys Singapore’s most expensive penthouse flat
British billionaire and bagless vacuum inventor Sir James Dyson has bought the biggest, highest and most expensive flat in Singapore, according to reports. Dyson and his wife splashed out 73.8 million ... ( read original story ...)
Hong Kong millionaires moving cash to Singapore as political crisis lingers
A major Asian wealth manager said it has received a large flow of new money in Singapore from Hong Kong over recent weeks, requesting not to be identified due to the sensitivity of the issue. One Hong ... ( read original story ...)