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 ...)
Volvo will bring autonomous electric buses to Singapore
Together with NTU, one of the world’s leading universities of technology, and Singapore and its Land Transport Authority, we now have the possibility of testing various solutions under realistic conditions. The technology developed in Singapore can ... ( 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 ...)
The Singapore finance events that will land you a new job in 2018
We reveal the top Singapore events to attend if you want to network your way into a new finance job in 2018. https://news.efinancialcareers.com/sg-en/304695/julia-raiskin-citi/ It’s time to start planning your 2018 job search, and planning it meticulously. ( read original story ...)
Cryptocurrency player Ripple keen to set off blockchain waves in Singapore
Ripple, which sees South-east Asia as a priority market with pressing remittance demands, is among the firms that have held early talks with the Monetary Authority of Singapore (MAS) for its technology to be part of the MAS's blockchain experiment in cross ... ( read original story ...)
Singapore Students to Use Lab Simulator for Port Training
Singapore-based tertiary school Republic Polytechnic (RP ... RP says the lab will offer both students and staff the highest quality port operations and technology-related training. It will also serve as a career hub for RP students who are interested ... ( read original story ...)
Baidu brings its autonomous driving tech to Singapore with a new US$200M fund
Apollo Southeast Asia will support autonomous driving and intelligent transportation tech in Singapore via investments in advanced mobility projects, technology exchange, the establishment of research programmes. The joint venture will also help Baidu ... ( read original story ...)
4 reasons why refinancing using the cheapest home loan isn’t always the best move
Think of it as applying and getting a home loan a second time around – besides qualifying, you also need to pay conveyancing fees again. That means forking out between $2,000 to $3,000 to a law firm, to settle the paperwork. (You can try looking for a ... ( read original story ...)
Report: Average home prices in Singapore could rise by 17% over 2018-2021
Investment volumes to remain strong for Singapore, while home prices are forecast to rise. The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed a 2018 Asia Pacific ... ( read original story ...)
Singapore property seen on path to recovery after prolonged slump
SINGAPORE - Singapore's housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years. After hitting a record peak in the third quarter of 2013, a string of government ... ( 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 ...)
MAS puts more scrutiny on bank loans for property development
A DBS spokesman told BT: "DBS remains vigilant to any signs of market weakness in the property market and we continue to exercise prudence when underwriting new loans." The group-level balance sheets of most Singapore-listed local developers have not shown ... ( read original story ...)
Singapore Property Rebound Just Starting as Prices Seen Jumping
(Jan 10): Credit Suisse Group AG and Morgan Stanley are calling the end of Singapore’s property downturn, after a second consecutive quarterly increase in private residential prices. Home prices may rise as much as 10 percent this year, according to ... ( read original story ...)
Daily Briefing: Noble sells power, gas unit for $168m; Analysts forecast 15% growth in property market
Analysts believe that 2018 will be the turnaround year for the Singapore property market. After 3 years of falling prices, analysts now forecast growth of between 3% and 15% for 2018. According to Alan Cheong, Savills Singapore’s senior director ... ( read original story ...)
Vietnam arrests fugitive tycoon deported from Singapore
SINGAPORE/HANOI (Reuters) - A fugitive Vietnamese property tycoon who is accused of spilling state secrets was arrested in Hanoi on Thursday after Singapore deported him, despite appeals that his life could be in danger in Vietnam. Phan Van Anh Vu ... ( read original story ...)
Cathay Pacific, Singapore Air need to look beyond their planes
Over time, the premium differentiation enjoyed by Cathay and Singapore Airlines has been eroded too as other airlines have worked to catch up. The carriers have framed their business options as a competitive battle to carry passengers from A to B ... ( read original story ...)