SINGAPORE Feb 28 Singapore's total bank lending in January slowed for the first time in four months, due to a fall in general commerce, central bank data showed on Tuesday. Loans and advances by domestic banking units in the city-state amounted to S$617.1 ... ( read original story ...)
Singapore Retail Banking Country 2016 Market Growth Opportunities, Analysis and Forecasts Report 2016-2021
Singapore has a highly concentrated market for most financial products, with DBS, POSB, and OCBC dominating the provision of current accounts, savings accounts, and mortgages. Consumers are cautious in their choice of provider, favoring those with strong ... ( read original story ...)
Finance firms eyeing bigger slice of the SME pie
Singapore's three listed finance firms are poised to reap benefits from regulatory changes that will boost their customer reach and capacity to lend. Already, Hong Leong Finance, Sing Investments & Finance and Singapura Finance have enjoyed hefty run-ups ... ( read original story ...)
Mild Support Tipped For Singapore Stock Market
(RTTNews.com) - The Singapore stock market on Friday ended the two-day winning streak in which it had advanced almost 45 points or 1.5 percent. The Straits Times Index now rests just above the 3,115-point plateau, although the market may find traction on ... ( read original story ...)
UOB Singapore River Trail Higlights!
This is the Trail Highlights Video for a Corporate Team-building trail organised by LDR Pte Ltd for UOB IT Staff! Check out more of our trails at our Facebook page – https://www.facebook.com/LDR.pteltd. ( read original story ...)
DBS and UOB starts Home loan price war for New Launch Properties
DBS and UOB Starts new launch Home Loan Price War Many launches now ... And when they do, I expect them to match, rather than beat these rates. Buying a House in Singapore has never been so easy for as long as I can remember, will cheap home loans lead ... ( read original story ...
Standard Chartered shares tumble after 'wrenching' year
The boss of Standard Chartered conceded the emerging-markets focused bank had endured a “wrenching” year that saw it creep back to profit but took it no closer to restoring its dividend. Bill Winters, who took the helm at the lender in 2015 and ... ( read original story ...)
Samsung Pay now available in Malaysia with Maybank, Citibank, etc
After launching in Australia, Singapore, and Thailand, it’s now the the turn of Malaysia. The mobile payment system is finally available in the country through its partnership with major banks like Maybank, Citibank, Standard & Chartered, as well as Visa ... ( read original story ...)
Singapore Market May Inch Higher Again On Friday
(RTTNews.com) - The Singapore stock market has moved higher in back-to-back sessions, gathering almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,135-point plateau, and the market may open slightly higher ... ( read original story ...)
Singapore consumer price inflation at 28-month high on rising food and transport costs
Customers shop at a vegetable and fruits wholesale market in Singapore Reuters Consumer price inflation in the island nation rose to a 28-month high in January on the back of surging food and transport costs in the city while the monetary authority's core ... ( read original story ...)
Singapore Bourse May Reverse Wednesday's Gains
(RTTNews.com) - The Singapore stock market on Wednesday halted the two-day losing streak in which it had given away more than a dozen points or 0.4 percent along the way. The Straits Times Index now rests just above the 3,120-point plateau, although the ... ( read original story ...)
Singapore readies leveraged ETFs to keep up with rivals
Preparations are underway for the first new listing of inverse ETFs. According to Bloomberg, Singapore Exchange Ltd. last week published a new web page about the products, described as “a form of passive collective investment schemes (like ETFs ... ( read original story ...)
AIA, Manulife said to bid for SCB life insurance unit
Thai billionaire Charoen Sirivadhanabhakdi is partnering with Singapore's Great Eastern Holdings Ltd on a non-binding offer, while Hong Kong tycoon Richard Li's FWD Group and, separately, Prudential have also bid, according to the people. Bidders for SCB ... ( read original story ...)
HSBC Singapore gets new CEO
HSBC has appointed Tony Cripps, chief executive of HSBC Australia, to lead its group in Singapore, with effect from April 3, 2017, the bank said on Wednesday. He succeeds Guy Harvey-Samuel, who will retire from HSBC after more than 38 years at the bank. ( read original story ...)
New CEO for HSBC Singapore
HSBC Singapore has named Australian Tony Cripps as its new chief executive. He starts in the new role on April 3, taking over from Mr Guy Harvey-Samuel, who will retire from HSBC after more than 38 years at the London-based bank. Mr Cripps, who has been ... ( read original story ...)
Ex-Forex Traders in Singapore Get Jail Time for Cheating Banks
Former HSBC senior dealer Ivan Chng was sentenced to 15 weeks in jail, Singapore High Court Justice See Kee Oon said on Wednesday. Ex-Deutsche Bank trader Toh Hway Khuan was given an eight-week sentence. Neither man was fined. The two were convicted in ... ( read original story ...)