That’s what DBS Chief Innovation Officer (CIO) Neal Cross did at the 47th St Gallen Symposium (SGS) that was held in early May. Besides Education Minister Ong Ye Kung, Cross was another speaker from Singapore who stood out. Neal Cross at the opening of ... ( read original story ...)
The Weekly Nibble: Is the Local Stock Market Cheap Currently?
3. Are Singapore Stocks Expensive Or Cheap Currently? We should always be mindful of the value of stocks when investing. On that note, my fellow Fool Chong Ser Jing recently investigated the local stock market to see if it is cheap or expensive now. ( read original story ...)
Why the world’s expats just dumped Australia out of their top 10 global destinations
Singapore is top of the heap for living the expat live. It’s so good that the country is draining away Australians to work there. HSBC’s latest annual global Expat Explorer report shows 57% of expats originally chose to move to Australia for a better ... ( read original story ...)
DBS Marina Regatta 2017: Singapore’s Biggest BayFest
Singapore’s largest giant inflatable water obstacle course ... and the people to the Bay, DBS/POSB initiatives such as the DBS Marina Regatta, DBS Marina Bay Sailing Programme, POSB PAssion Run for Kids, and its other complimentary cycling and yoga ... ( read original story ...)
Here Are Some Of The Singapore Market’s Cheapest Stocks Right Now
I have a habit of studying Singapore’s stock market at the start of every month to determine how cheap or expensive stocks are. One way I do so is to determine the number of net-net stocks that are available in the market. A net-net stock is a stock with ... ( read original story ...)
Indonesia’s Mandiri eyes S’pore private banking business
Indonesia's largest lender Bank Mandiri wants a piece of the lucrative private banking business in Singapore, particularly the accounts of wealthy Indonesian clients. Recent reforms in Indonesia, including a successful tax amnesty, have made ultra-rich ... ( read original story ...)
Singapore to pave the way for tech startup IPOs
Singapore is paving the way for promising technology companies in the country to go public through an agreement inked between the Infocomm Media Development Authority (IMDA) and Singapore Exchange (SGX), the largest bourse in Southeast Asia. By submitting ... ( read original story ...)
The Fintech World Series: Singapore
The ABS (the Association of Banks in Singapore) have strived to assist the fintech sector by providing a string of industry guidelines on this page, the attached PDFs included covering ‘Finance-as-a-Service: API PlayBook’, blockchain and its ... ( read original story ...)
Where can a regular twenty-something realistically travel to with the KrisFlyer UOB account?
It’s not that difficult to spend $500 on your basic necessities, especially in a place like Singapore. If wanderlust is in your blood and you want your daily spend and savings to help you satisfy that wanderlust, the KrisFlyer UOB account is something ... ( read original story ...)
The Singapore Stock Market For The Week: A Blue-Chip Recap
Over the past week, Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI), climbed by 0.6% to close at 3,240 points. SATS, which provides institutional and airline food catering services as well as airport and cruise terminal services ... ( read original story ...)
DBS, OCBC financed Indonesian palm oil firms engaged in unsustainable practices: Report
SINGAPORE: DBS Bank and OCBC Bank have been financing palm oil firms accused of environmentally-damaging and unsustainable practices in Indonesia, according to a report released on Friday (Jun 2). The report by non-government organisations (NGOs ... ( read original story ...)
From Fitness To Food – Meet The Folks Behind The Highlights Of DBS Marina Regatta 2017
The DBS Marina Regatta is back from the 1-4 June, once again transforming The Promontory @ Marina Bay into Singapore’s Biggest BayFest. Have you ever wondered what goes into the making of the DBS Marina Regatta? We spoke to a few of this year’s ... ( read original story ...)
DBS re-prices credit curve with a floater
Singapore lender DBS Group Holdings on June 1 raised US$750 million through a three-year floating rate note (FRN) in a tightly-priced funding exercise. The Reg S/144A transaction was priced at par with a spread of 49bp over three-month Libor, which was in ... ( read original story ...)
DBS suspends coverage of Noble Group
Singapore bank says recent events make it difficult to anticipate potential outcomes for company. Singapore’s DBS Bank has suspended its coverage of struggling dry bulk charterer Noble Group in the wake of downgrades by the three major ratings agencies. ( read original story ...)
Many firsts for HSBC’s S$1bn CoCo perp
HSBC Holdings stormed into the Singapore dollar bank capital market on Thursday with a S$1bn ($722m) additional tier one that notched up a number of firsts, as the issuer took advantage of the liquidity and stability of the currency. By Rashmi Kumar 08:45 ... ( read original story ...)
Tech Startups Can Now IPO At Home, Thanks To A New Partnership And Funding By SGX And IMDA
Although our country has a strong economy, Singapore hasn’t been a particularly attractive place for IPOs, the latest down the list being Sea’s preference for US instead. Startups tend to list in Australia (ASX) instead, due to the perception that ... ( read original story ...)