Read also: How Kimly brewed its way to Singapore's first 'kopi-o IPO' The firm organises and promotes events such as concerts, mostly in Singapore. For the financial year ended December 2015, its net profit leapt to S$4.1 million from S$337,000 the year ... ( read original story ...)
ExxonMobil says in talks to buy Singapore's Jurong Aromatics
SINGAPORE (Reuters) - ExxonMobil said on Wednesday it is in ... Thomson Reuters publication Project Finance International reported on Tuesday. Borelli Walsh had been appointed the receivers and managers of JAC by lender BNP Paribas. Lotte Chemical Corp ... ( read original story ...)
Singapore’s central bank likely won’t be turning hawkish any time soon
Singapore's economy may be perking up, but the central bank isn't likely to turn hawkish at this month's policy review, analysts said. Khoon Goh, head of Asia research at ANZ, said in a note on Wednesday that the question wasn't really whether Singapore's ... ( read original story ...)
Why banking accountant jobs are not so hot right now in Singapore
Banks are looking at offshoring such positions. If you know anything about accounting jobs at banks, you’ll know that most of them go to so-called ‘product controllers’ – the people who keep track of the profit and loss made on banks’ trading desks. ( read original story ...)
OCBC Bank Launches First A.I. Powered Home Renovation Loan Specialist Chat Bot
With more than 20,000 enquiries logged since its launch in January, OCBC Bank announced today the success of the first-of- its-kind specialised home and renovation loan chatbot service in Singapore. More than 10% of the chat sessions have been converted ... ( read original story ...)
Standard Chartered hires from ANZ in Singapore
As ANZ cuts back, Standard Chartered has bolstered its structured finance team in Singapore. http://news.efinancialcareers.com/sg-en/278365/launched-singapore-private-equity-firm-aged-26/ Standard Chartered has been hiring for its structured finance team ... ( read original story ...)
Citibank, Diners Club, Virgin Money overhaul credit card points
Citi Rewards Platinum: 3 Citibank Rewards will equal one Singapore Airlines KrisFlyer mile for Platinum cardholders, compared to the 2.5:1 conversion rate currently in place. Citi Signature: Converting points to KrisFlyer sees the current 2:1 exchange rate ... ( read original story ...)
Singapore manufacturing posts faster expansion in March
Thanks to higher new orders and new exports. The March reading of the Singapore Purchasing Managers’ Index (PMI) recorded an increase of 0.3 point from the previous month to record a faster expansion rate at 51.2. According to the latest figures from ... ( read original story ...)
DemystData Celebrates its One-Year Anniversary in Singapore with the Launch of a New Center of Excellence
SINGAPORE, April 4, 2017 /PRNewswire/ -- DemystData announced its plans for a new Global Center of Excellence (CoE) in Singapore that will build up capabilities in data science and engineering, develop best practices in leveraging big data, and champion ... ( read original story ...)
HSBC Singapore becomes a ‘direct life insurer’
According to guidelines issued by the Monetary Authority of Singapore (Mas), a Tier 1 insurer is defined as a direct life or composite insurer with total assets of at least S$5bn (£2.8bn, $3.6bn, €3.3bn), that is subject to higher corporate ... ( read original story ...)
Best bank accounts for expats in Singapore: Multi-currency savings account with HSBC
Just because you’ve moved abroad, it doesn’t mean your life stops back home – get your finances sorted wherever you are with these nifty international banking services Some of you might find this routine familiar: one week you’re hot-desking it in ... ( read original story ...)
How DBS manages to keep tech cost down
It has been insourcing people. DBS Group Holdings Ltd (SGX: D05) is going digital and the results are beginning to show. For 2016, DBS Group’s total income was $11.5 billion, an increase of 6% year on year. Interestingly, profit before allowances grew at ... ( read original story ...)
Insights from Google and Facebook at the Future of Digital Banking, Asia Pacific – Hosted by MarketForce
“The Future of Digital Banking: Asia-Pacific” was hosted by Marketforce on March 21 and 22, 2017 in Singapore. The conference managed to bring together an interesting set of C-suite, senior bankers, industry experts, tech companies and the startup communit ( read original story ...)
HSBC Insurance becomes Tier-1 insurer
HSBC Insurance (Singapore) has become a Tier-1 insurer under the Monetary Authority of Singapore. This means it has met certain requirements: A direct life or composite insurer with total assets of at least $5 billion. Tier-1 insurers are subject to higher ... ( read original story ...)
Don’t Say Bojio: 8 Best 1-For-1 Makan Deals for POSB/DBS Cards This Month You Didn’t Know Exist
Foodies out there in Singapore, you’ll be psyched to know there’s a lot of hidden 1-for-1 deals out there you probably didn’t know exist. Here’s a tip we just found out yesterday, check out DBS/POSB or any other cards’ websites regularly for ... ( read original story ...)
Standard Chartered has been poaching from ANZ in Singapore
As ANZ cuts back, Standard Chartered has bolstered its structured finance team in Singapore. http://news.efinancialcareers.com/au-en/278365/launched-singapore-private-equity-firm-aged-26/ Standard Chartered has been hiring for its structured finance team ... ( read original story ...)