SINGAPORE Singapore lender DBS Group is expanding its wealth management business and expects the segment will account for as much as a fifth of its revenues in a few years as it capitalizes on a trend of Asia growing richer, its CEO Piyush Gupta said. ( read original story ...)
Singapore still the best destination for Asia's ultra-rich
investment and business. "The moderated property prices from the effect of property cooling measures have enhanced the value proposition of Singapore property, and demand for property is gradually returning with improved transaction volume over the past ... ( read original story ...)
Tax agreement with India comes into force in Singapore
The third protocol amending the existing India-Singapore Double Taxation Avoidance Agreement (DTAA) entered into force on Monday, Singapore’s tax authorities have said. This would mean that the provisions provided in the third protocol — signed in ... ( read original story ...)
SPH and SBF help Belt & Road portal expand reach
The Singapore Business Federation (SBF) and Singapore Press Holdings (SPH) yesterday extended their collaboration on the Chinese- language Belt & Road portal, a year after its official launch. SBF and SPH signed two Memoranda of Understanding (MOU), one on ... ( read original story ...)
Singapore KrisFlyer Award Chart Devaluation: Up to 30% More
Coupled with the award chart increases, popular Singapore First Class and Business Class saver awards will increase 28-30% in mileage terms. Singapore Suites New York JFK to Singapore via Frankfurt: 93,500 KrisFlyer miles with 15% online discount ... ( read original story ...)
10 good reasons to do business in Singapore
When you think of economic powerhouses around the globe, you generally picture the United States, China, Japan, the United Kingdom and Germany. But there is one particularly nation that does not get the praise that it has earned in recent years: Singapore. ( read original story ...)
How Did The Land Systems Business Segment Of Singapore Technologies Engineering Ltd Fare In 2016?
Singapore Technologies Engineering Ltd (SGX: S63) is an engineering conglomerate with four main business segments, namely, Aerospace, Electronics, Land Systems, and Marine. The company recently announced its 2016 full year results. Given the complexity ... ( read original story ...)
Singapore Krisflyer Devaluation: 15%+ Increases Across the Board & 1 Small Positive Move
Singapore Air has announced some changes to their Krisflyer program. While there is one bit of positive news, in the whole this is a devaluation. The changes will go into effect on March 23, 2017. Let’s take a look. Here is the bad news: Revisions to ... ( read original story ...)
Aladdin Street Singapore now a global partner of Manchester United
Aladdin Street Singapore, part of Aladdin Group is now a global partner of English Premier League side Manchester United. In the announcement press conference that was held at the Red Devils' home, the Old Trafford, and also attended by team captain Wayne ... ( read original story ...)
Singapore bakers nominated for World Gourmet Summit Awards for the first time
The 21st World Gourmet Summit (WGS) will be returning to Singapore with three new award categories for its Awards of Excellence, one of which is dedicated to talented bakers in the country. The other two categories are Restaurant of the Year and ... ( read original story ...)
Singapore tightens regulations for Uber and Airbnb
SINGAPORE, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia. The rules, some say, are a sign that even ... ( read original story ...)
Mugabe, 93, flies to Singapore for 'medical review'
Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a "scheduled medical review", his spokesman said. Mugabe appeared frail at his birthday party on Saturday, when he stood for more than an ... ( read original story ...)
Singapore property still a top draw for Asia's ultra-rich
SINGAPORE's property market remains high on the agenda of Asia's ultra-rich, notwithstanding the cooling measures still in place. Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class ... ( read original story ...)
Singapore is second most favoured destination for Asian UHNWIs to own homes
Singapore has been ranked by Asian ultra-high-net-worth individuals (UHNWIs) as the second most preferred destination to acquire a residential property overseas after the UK, revealed Knight Frank’s latest Wealth Report. This comes as concerns over ... ( read original story ...)
DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest bank by ... ( read original story ...)
NEWSMAKER-DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE, March 2 DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest ... ( read original story ...)