Tag: banking

SINGAPORE (Reuters) - Singapore downgraded its forecasts on economic growth and exports for 2016 after confirming a contraction in output in the third quarter, raising the risk of a recession amid fresh uncertainty around global trade under U.S. President ... ( read original story ...)

High demand to see the British soft-rock band perform is creating a thriving resale market where tickets are going at a 3,000-percent premium. ( read original story ...)

OVERSEA-CHINESE Banking Corporation (OCBC) has established a US$10 billion global covered bond programme that will be available to certain non-US investors outside of the US. This programme, announced in a filing to the Singapore Exchange on Wednesday ... ( read original story ...)

SINGAPORE - UOB is gunning for 40 per cent growth in billings in its regional credit and debit cards base over four years, following an outperformance this year in this competitive market, a top executive said in an interview on Tuesday. This strategy will ... ( read original story ...)

It is currently home to 200 Spanish businesses. More Spanish firms will be calling Singapore their casa as Parliamentary Secretary for Trade and Industry Low Yen Ling urged more business to anchor their operations in the city-state. At the Spain-Singapore ... ( read original story ...)

Have you ever wondered how much are Singapore’s residential properties worth? How much housing loan is outstanding in Singapore’s property market? Chart 1: Total value of Singapore’s Residential Property assets, 3Q 2016, Singstat, iCompareLoan.com ... ( read original story ...)

BANK of Singapore has been granted a category 4 licence to operate a branch in the Dubai International Financial Centre (DIFC), a federal financial free zone in the United Arab Emirates. The licence will allow Bank of Singapore to offer a comprehensive ... ( read original story ...)

Singapore’s central bank is testing out the use of blockchain for banks making payments to each other. The Monetary Authority of Singapore (MAS), the country’s central bank, is working with IT supplier R3 and a consortium of financial institutions on a ... ( read original story ...)

SINGAPORE'S banks and financial services companies are facing increasing competition from foreign markets in their efforts to recruit candidates with the skills they require, shows a survey. Specialist recruiter Robert Half's survey found that more than ... ( read original story ...)

Dubai - Mubasher: Bank of Singapore has been granted a Category 4 licence to open a branch in the Dubai International Financial Centre (DIFC), according to a statement. The bank will offer a comprehensive range of customised private banking solutions. ( read original story ...)

Bank of Singapore (BoS), a subsidiary of Singapore's second biggest lender OCBC Bank, said here on Tuesday it has been granted a Category 4 licence to operate a branch in the Dubai International Financial Center (DIFC). The license allows BoS to offer a ... ( read original story ...)

Commonwealth Bank has appointed Jason Dunn as global head of commodities structuring in Singapore, according to a source familiar with the move. Prior to joining the Australian bank in September, Dunn worked for Noble Group as a director of client solutions. ( read original story ...)

SINGAPORE – Come March, private banks in Singapore will have to disclose fully all fees, charges and rebates in bond sales under enhanced standards in the Private Banking Code of Conduct, the Association of Banks in Singapore (ABS) said on Tuesday (Nov 22). ( read original story ...)

Bloomberg News reports that the BSI bankers joining Julius Baer specialize in managing the wealth of non-resident Indians, the person said, asking not to be identified because the matter is confidential. The Monetary Authority of Singapore said in May it ... ( read original story ...)

SINGAPORE: All tickets to Coldplay’s A Head Full of Dreams ... Tickets were previously set aside for Citibank cardholders and Live Nation Lushington's mailing list subscribers. This was the third and final batch of Coldplay concert tickets released ... ( read original story ...)

American politics usually have limited impact on the rest of the world. But what’s happening in the U.S. right now has the potential to affect Singapore – in particular – because of the anti-free trade stance of U.S. President-elect Donald Trump. ( read original story ...)