SINGAPORE (Nikkei Markets) -- DBS Group Holdings expects two developments to boost opportunities for the bank in the next few years, according to its chief executive. The first is structural reforms and the clampdown on corruption in India, which would ... ( read original story ...)
From Singapore to China to IPO
Calvin Cheng has taken an unusual path. This time a decade ago, he was an executive in the modelling industry in his native Singapore. A few years later, he set up his own company in China. Today he’s taking that to IPO. “I was never in the modelling ... ( read original story ...)
Change to POSB Invest-Saver
That’s how I noticed the recent update to the POSB Invest-Saver this month. For both the Singapore ETFs [i.e. Nikko AM SG STI ETF (G3B on SGX) and ABF SG Bond Index Fund (A35 on SGX)], the monthly debiting from the savings account is now on the 15th ... ( read original story ...)
Singapore – HRnetGroup makes strong IPO debut trading above IPO price
Singapore-based recruitment firm HRnetGroup made its IPO debut on the Singapore Exchange (SGX) on Friday reaching a peak trading share price of up to SGD 0.96 (USD 0.69), up 6.7% from its IPO price of SGD 0.90 (USD 0.65). Shares closed at SGD 0.925 (USD 0.67). ( read original story ...)
Best Cashback Credit Cards in Singapore
DBS/POSB has updated its ever-popular cashback card with several ... Categories: This card gives you 7% cash rebate on dining both in Singapore and abroad, and 5% cashback on supermarkets, hospital bills (this is just awesome, isn’t it?), ( read original story ...)
OCBC Bank issues Writ of Summons to Nam Cheong unit over US$10 million owed
SINGAPORE - OCBC Bank has commenced legal action against a unit of offshore marine group Nam Cheong over US$10 million owed to the bank. The firm and its subsidiary Nam Cheong International (NCIL) have on Monday (June 19) received a Writ of Summons and ... ( read original story ...)
Singaporean banks ramp up cashless payment capabilities
Singapore banks are among these companies; they have been investing in fintech that eases cashless transactions to raise their game compared to other mobile payment companies. DBS Bank (DBS) and OCBC Bank have launched QR code payments as an alternative ... ( read original story ...)
UOB signs two deals to boost Chinese firms’ expansion into Southeast Asia
SINGAPORE - Local lender UOB signed two agreements to facilitate Chinese companies expanding into Southeast Asia through China's Belt and Road initiative. Mr Wee Ee Cheong, deputy chairman and chief executive of UOB, said: "China and Southeast Asia form ... ( read original story ...)
Get 5,000 bonus miles with the HSBC Premier credit cards – World Elite is now 45,000 miles!
2 HSBC Premier card points can be exchanged for either 1 Avios, 1 Cathay Pacific mile, 1 Singapore Airlines mile or 1 Etihad Guest mile. This means that the bonus is worth an extra 5,000 Avios or other miles. What is the total bonus you get? The free ... ( read original story ...)
11 things you need to know before you apply to a Singapore bank
An 11-point guide to getting hired by DBS, OCBC and UOB. http://news.efinancialcareers.com/sg-en/286360/soh-siew-choo-dbs-women-in-technology/ Singapore’s three local banks – DBS, OCBC and UOB – may not be adding new headcount as aggressively as they ... ( read original story ...)
How DBS Bank forays into India
MUMBAI: Singapore-based DBS Bank, known for its mobile-only customer accounts, is now extending its reach to debt capital market, or DCM, helping Indian companies raise money overseas. In the past year, the bank, which had limited participation in dollar ... ( read original story ...)
Fewer concerns of GST being inflationary: DBS
The Development Bank of Singapore (DBS) said in its economic report on India that the tax incidence is "likely to rise mainly on selected service sector categories" after the GST is implemented. "(And) even if price increases lift these service indices by ... ( read original story ...)
Singapore Stock Market May Find Traction On Monday
(RTTNews.com) - The Singapore stock market has tracked into the red in three straight sessions, slipping more than 25 points or 0.7 percent in that span. The Straits Times Index remains just above the 3,230-point and it figures to be rangebound again on ... ( read original story ...)
Singapore property stock may build on best rally in five years
While property stocks aren’t as cheap as they were six to nine months ago, most are still trading at a discount to their book value and will outperform the overall market, she said. The Singapore property stock index is trading at a price-to-book value ... ( read original story ...)
Standard Chartered donates $250,000 to The Straits Times School Pocket Money Fund
SINGAPORE - On a day billed as Community Play Day at the Singapore Sports Hub, Standard Chartered Bank did its part for the community by donating $250,000 to the Straits Times School Pocket Money Fund (STSPMF), which provides pocket money to students from ... ( read original story ...)
MMA: UFC might consider Singapore as regular Fight Night stopover
"Operationally, it's easy and clean.” If an annual event is confirmed, Fight Night Singapore will join the likes of the HSBC Women’s Champions, HSBC Singapore Rugby Sevens, Women’s Tennis Association (WTA) Finals, and the Formula One night race in ... ( read original story ...)