Sentiment in the Singapore property market appears to be improving after the government eased some of its curbs on the sector, but unsold inventory will still weigh in the short-term, a DBS executive said Tuesday. Speaking to CNBC's "Squawk Box," DBS ... ( read original story ...)
Bank lending in Singapore, Malaysia, Australia and Basel III
How does Basel III Affect Bank Lending in Singapore, Malaysia and Australia? How will Basel affect the macro lending environment? This Basel is not to be confused with Basil, a spice you can use for your pizza and other food. The Basel Committee on Banking ... ( read original story ...)
Six of the hottest technology jobs at banks in Singapore now
Banks in Singapore are hiring technologists. Here’s a selection of the most interesting jobs on offer. http://news.efinancialcareers.com/sg-en/279753/asia-banking-technology-jobs/ Banks may be shifting some of their technology jobs from Singapore to ... ( read original story ...)
Growth Prospects of The Cards and Payments Industry in Singapore 2020
Liquid Group launched the Liquid Pay mobile wallet in November 2016, and in May 2016 relaunched Dash in collaboration with Standard Charted Bank, Citibank, DBS Bank, OCBC Bank, and UOB telecom provider Singtel. Singapore’s payment cards market has ... ( read original story ...)
Get ready for upturn in Singapore property market
I recall walking into a property showroom one Saturday morning near the peak of the property cycle in 2013 to be greeted by an agent who excitedly proclaimed that purchasing a unit was just like buying vegetables. With property prices trending in only one ... ( read original story ...)
Need help? Virtual 'officers' will reply
The bank is looking to expand Emma's functions, but it would not elaborate. DBS Bank was the first bank here to launch its POSB digibank Virtual Assistant chatbot, available on Facebook Messenger, in January. It handles basic queries such as branch ... ( read original story ...)
Singapore maritime aims to launch Maritime Capital Forum
SINGAPORE: The Singapore Shipping Association (SSA) is working towards boosting Singapore’s debt and equity markets with the launch of a Maritime Capital Forum later this year, as part of a wider blueprint for growth in various key areas in 2017. A new ... ( read original story ...)
Why DBS could be the biggest tech start-up in Singapore
Its CEO said the group seeks to act like a 22,000-person start-up. DBS Group Holdings Ltd (SGX: D05) is the second largest listed company in Singapore’s stock market. For those who may not know, DBS Group is also the largest among the three major banks ... ( read original story ...)
Fashion e-commerce group iFashion to raise US$10M via IPO by end of 2017, pursuing a few more acquisitions
Acquisitions have always been a part of iFashion’s strategy as the company is heading towards IPO, and the company stated that it is pursuing a few more acquisitions before the listing. Its latest purchase was Singapore-based lifestyle marketplace ... ( read original story ...)
Costlier to do business in S’pore
Singapore is routinely ranked among the top when it comes to global competitiveness, mainly because of its low company tax rates, good infrastructure and easy procedures to open a business, rather than cost effectiveness. It was placed fourth out of 61 cou ... ( read original story ...)
Hong Kong vs. Singapore: Weighing Asia's financial hubs
Singapore is a gateway to Southeast Asia and is seen as a wealth management hub, but Hong Kong boasts easy access to China's trade and capital flows, and has held the title of top global IPO market for two consecutive years. "I think that Singapore is ... ( read original story ...)
iFashion Group plans to go public by year-end, looking to raise $10Mn via IPO
Singapore-based iFashion Group is looking to raise an IPO by this year-end. It aims to raise $10 million in the initial public offering and expects to be valued at $40-50 million in terms of market capital. The company has been planning to go public for ... ( read original story ...)
The Top 11 Quality Dividend Stocks from the Singapore Stock Market
Two weeks ago, Singapore Exchange Limited (SGX: S68) launched the SGX Developed Asia ex Japan Quality Index. The new index is a regional index built on what are considered to be “quality factors.” In the accompanying report for the launch of the ... ( read original story ...)
Ooredoo : Maldives IPO set for April 30
04/21 DJ SINGAPORE TELECOMMUNICATIONS: SingTel Units Sign Pacts for S$4.1 Billion in Loa.. 04/21 DJ Verizon Customers Defect As Competition Ramps Up -- WSJ 04/20 DJ VERIZON COMMUNICATIONS: for First Time, Loses Core Wireless Customers -- 3rd Up.. ( read original story ...)
Fintech Trend: Why Switzerland Pushes For Cooperation With Singapore
The fintech industry of Singapore is praised by some of the largest banks and financial institutions across the world, including UBS, DBS and Citibank. In the past few years, the three multi-billion dollar banks established innovation labs and investment ... ( read original story ...)
Cheap travel deals fuel demand from Singapore holiday makers
SINGAPORE - Undaunted by the spate of global terror attacks ... Although people continue to travel to the US for business and studies, demand for leisure travel has taken a hit despite the lower airfares -- which have gone down by 15 to 20%, said Ms ... ( read original story ...)