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 ...)
Citi is hiring 200 new graduates in Singapore. This is what it takes to get in
Junior hiring is still booming at Citi in Singapore. The bank’s HR head explains how to get one of the 200 new jobs it’s opening up. Citi isn’t cutting the number of graduates it recruits in Singapore next year, despite slowing local economic growth ... ( read original story ...)
Singapore ranks higher in global pension index but still lags in adequacy
Singapore, with an index value of 67, climbed three notches up to seventh at this year's ranking with its score raised to grade B from C+. According to the Australian Centre for Financial Studies (ACFS), which released the index, grade B score is given to ... ( read original story ...)
Singapore Airlines launches non-stop U.S. flight again
The new San Francisco service is only the beginning, with plans to add New York and Los Angeles non-stop flights too. ( read original story ...)
Singapore Exchange : Thomson Reuters/SGX SFI series selected as UOB’s recommended fixed income benchmark
Thomson Reuters and Singapore Exchange (SGX) today announced that the TR/SGX Singapore Fixed Income Indices (TR/SGX SFI) have been selected as the recommended fixed income benchmark by United Overseas Bank (UOB) following the discontinuation of the UOB SGS ... ( 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 ...)
Singapore Sept headline CPI falls 0.2 pct y/y, down for 23rd month
SINGAPORE (Reuters) - Singapore's headline consumer price index fell in September from a year earlier, dragged down by a decline in the cost of housing, while core inflation unexpectedly slowed to a five-month low, data showed on Monday. The all-items ... ( read original story ...)
HSBC Private Bank Appoints Siew Meng Tan as New Asia Pacific Head
Siew Meng joined HSBC’s Singapore branch in 2004 as director of corporate and institutional banking and has since held various positions including head of HSBC Thailand until July 2015 and also served as CEO of HSBC Mauritius until January 2013. ( 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 ...)
OCBC, CS: DBS—the Silver Lining among SG Banks as Singapore Economy Slows
Recently, Singapore’s Deputy Prime Minister shared that the Singapore economy is be entering a tough period that will likely last for a while, with growth potentially hitting below the two percent mark. In August, the Singapore Government shaved its full ... ( read original story ...)