Singapore office investors under no pressure to sell:CBRE

No discounts on offer for investors as pricing hap exists. The property firm noted that office yields in Singapore were flat but fundamentals remained weak. "However, vendors were under no pressure to sell, especially at discounted prices. The period saw a ... ( read original story ...)

Singapore sees more job seekers than vacancies since 2012: MAS

PMETs accounted for more than two-thirds of the lay-offs. It is indeed worrying that there are more people in Singapore looking for jobs than the number of available career posts, probably due to the subdued demand for labour and ongoing restructuring in ... ( read original story ...)

Singapore Officials Briefed on Enhanced Banking Procedures

Singapore and Iran have agreed to expand banking ties following the lifting of economic sanctions. This was decided in a meeting between the heads of two countries' central banks. "The Central Bank of Iran is willing to support banks in Iran and Singapore ... ( read original story ...)

Bad Loan Charges to Hit Singapore's Three Biggest Banks

DBS Group Holdings Ltd. is expected to lead the increase in impairment charges of S$255 million ($183 million) for the period, a 43 percent jump from a year earlier, according to Goldman Sachs Group Inc. DBS, Singapore’s largest bank by assets ... ( read original story ...)

Singapore underlines energy hub status by joining key oil group

Singapore has joined the influential International Energy Agency (IEA) as an association country, upping the city-state's focus on energy security. A joint statement, released at the opening of Singapore's International Energy Week (SIEW) conference, noted ... ( read original story ...)

Best organisations to work for in Singapore

is a bank with a head office in Singapore. This company is listed and won the most attractive employer Randstad award this year in the Financial services and Banking industry. This group offers scholarships in certain areas as well as many initiatives in ... ( read original story ...)

Oil, Gas Impairment Charges Seen Curbing Singapore Bank Profits

Singapore’s three largest banks are poised to report higher impairment charges for loans to the struggling oil and gas industry and weaker interest margins when they post third-quarter earnings in coming days. DBS Group Holdings Ltd. is expected to lead ... ( read original story ...)

School children test wearable payments in Singapore

Singapore bank POSB has successfully completed the pilot test of a school contactless payments system that lets students make purchases in the canteen or bookstore and monitor their finances. The POSB Smart Buddy trial took place in two Singapore schools ... ( read original story ...)

Singapore boosts fintech ties with Korea

Potential joint innovations are underway. The Monetary Authority of Singapore (MAS) and the Korean Financial Services Commission (KFSC) today signed a cooperation agreement to foster greater cooperation in FinTech. The signing took place at the sidelines ... ( read original story ...)