Many mortgages are pegged to publicly set benchmarks, such as the Singapore Interbank Offered Rate. OCBC's latest offer works out to 0.7 per cent for the first year, 0.65 per cent for the second year, 0.60 per cent for the third year and 0.55 per cent for ... ( read original story ...)
Singapore amongst the best countries for women entrepreneurs
Singapore also topped the category with the highest rated conditions for women business ownership and entrepreneurship. However, even with a strong showing in support infrastructure for entrepreneurship, Singapore demonstrates a comparatively low ... ( read original story ...)
SGX rules at least 5% of mainboard IPOs must go to retail investors, starting May 2
SINGAPORE - The Singapore Exchange (SGX) will mandate all mainboard IPO companies to allocate to retail investors at least 5 per cent, or S$50 million, whichever is lower, of their offer size. The introduction of the minimum IPO allocation is aimed at ... ( read original story ...)
SGX mandates mainboard IPO firms to allot 5% for small investors
It is aimed to facilitate greater retail participation. Singapore exchange announced that it will be mandating all mainboard IPO companies to allocate at least 5% of $50m, whichever lower, to retail investors. According to Chew Sutat, SGX's Executive Vice ... ( read original story ...)
At least 5% of SGX mainboard IPOs to be set aside for retail investors
“We recognise that market forces are dynamic and will continue to monitor the public subscription trends of IPOs to ensure that the minimum allocation amounts are appropriate for the Singapore market,” said Mr Chew. ( read original story ...)
Chart of the Day: Singapore's export performance has been strong in recent months
Singapore's non-oil domestic exports (NODX) have picked up in recent months, recording strong double-digit growth. According to Standard Chartered, the oil and chip prices and higher demand for electronics exports along the electronics supply chain may ... ( read original story ...)
Singapore lines up 4 key strategies to create enough, better jobs
He said they were selected because of their business focus on active job seekers (people looking ... He said the local and foreign workforce must complement each other better to sharpen Singapore's competitive edge. Because Singapore can never be self ... ( read original story ...)
Banking on his new skills
He chose to pursue a Bachelor of Business in Banking and Finance (Double Major), awarded by Murdoch University, at Kaplan in Singapore because of the programme’s ideal duration and flexible study schedule. “With a diploma in banking and finance from ... ( read original story ...)
Judge to Rule on Singapore Teen's Asylum Case This Month
CHICAGO — A Chicago immigration judge will decide this month whether a Singapore teenager arrested for online posts mocking his government will be granted asylum in the U.S. Amos Yee testified at a hearing lasting most of Tuesday. Kenneth Jeyaretnam ... ( read original story ...)
Singapore millennials look to property for financial security
The latest survey by Manulife found that 68 percent of Singapore millennials plan to purchase property. Despite having the lowest satisfaction with rental yields in Asia, Singapore millennials (those aged between 25 and 34) favour investing in property ... ( read original story ...)
SCB’s regional CEO Anna Marrs visits Bangladesh
Anna Marrs joined Standard Chartered as Group Head of Strategy and Corporate Development in January 2012. Anna has lived and worked primarily in New York, London and now Singapore, where she lives with her husband and two children. She holds an MBA from ... ( read original story ...)
Home-grown Technology Company PatSnap Invests S$22 Million in Singapore Research Centre
SINGAPORE, March 7, 2017 /CNW/ - PatSnap, a Singapore-based software company that is able to provide a single point of analysis for Research and Development (R&D) and Intellectual Property (IP) teams, announced that it will be investing S$22 million in a ... ( read original story ...)
Singapore needs 15,000 rail engineers by 2030: Transport
As it expands its MRT network and improves rail reliability. The Ministry of Manpower is in need of additional 15,000 rail engineers and technicians by 2030, as it grows Singapore's rail network. According to Transport Minister Khaw Boon Wan, LTA and the ... ( read original story ...)
Home loans war between DBS and UOB results in competitive rates
DBS grew its home loan book 10.1 per cent last year to S$64.5 billion. UOB was not far behind, expanding 9 per cent to S$61.5 billion. OCBC Bank, the second largest bank in Singapore, grew its home loan book by 7.3 per cent to S$60.1 billion. Ms Tok said ... ( read original story ...)
Singapore – Highlights Of Proposed Amendments To The Banking Regulations And Banking (Corporate Governance) Regulations.
This article aims to provide a brief overview of the consultation paper released by the Monetary Authority of Singapore (“MAS”) on 7 February 2017 on the proposed amendments to the Banking Regulations and the Banking (Corporate Governance) Regulations. ( read original story ...)
Intuit Singapore to Launch Self-Employed Mobile App
SINGAPORE, March 7, 2017 /PRNewswire/ -- Intuit Inc. (Nasdaq: INTU), the global leader of small business management and accounting software solutions, today announced plans to launch QuickBooks Self-Employed, a new way for the Singaporean self-employed ... ( read original story ...)