Travel itch among the affluent bumps card billings for UOB

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 ...)

Singapore eyes more Spanish firms operating on the island

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 ...)

How much are Singapore Properties Worth?

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 ...)

Singapore central bank tests blockchain for bank-to-bank payments

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 ...)

Oversea Chinese Banking : Bank of Singapore to open in UAE

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 sets up branch in Dubai financial free zone

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 ...)

People: CME hires new energy head for Asia-Pacific

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 ...)

Private banks to disclose all fees and charges in bond sales

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 ...)

Top firm in Singapore private banking hiring spree

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 ...)

This is What President Trump Means for Singapore

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 ...)

Singapore slips in ranks of real estate investment favourites

Core assets such as office spaces in Singapore’s CBD are favoured by investors and institutions, but yields and returns have declined on the back of a weaker macroeconomic outlook. Singapore fell 10 places for city investment prospects, dropping to 21 ... ( read original story ...)