PT Bank Mandiri, Indonesia's largest lender by assets, is set to wade into the cutthroat private-banking business in neighboring Singapore. The idea might seem a little ridiculous. Among the top 15 Asian private banks (excluding onshore wealth ... ( read original story ...)
Singapore Food Festival 2017 – Top 7 Events All Foodies Must Go!
You can save up to 30% if you purchase the Singapore Restaurant Festival dining vouchers ($70 for $100 worth of vouchers) and use it for their meals at the participating restaurants. Vouchers can be purchased using DBS/POSB debit or credit cards at ... ( read original story ...)
Singapore stocks join global rally on dovish Yellen; UOB climbs
Singapore equities snapped two sessions of declines on Thursday, in line with the rally in global stocks after Fed chair Janet Yellen signalled gradual monetary tightening. The U.S. economy is healthy enough for the Fed to raise rates and begin winding ... ( read original story ...)
Singapore can be a great global stage for running, says World Marathon Majors GM
SINGAPORE - Singapore's pedigree as an iconic travel destination can only help the Standard Chartered Singapore Marathon's (SCSM) hopes of becoming an Abbott World Marathon Major (WMM), with the organisation's general manager Tim Hadzima lauding the ... ( read original story ...)
China’s Yanlord Land, Perennial to acquire Singapore property group for $1.3 billion
SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corporation (OCBC) (OCBC.SI) and its insurance arm are selling their stakes in property firm United Engineers (UTES.SI) and a subsidiary to a group led by China's Yanlord Land Group YLNG.SI and ... ( read original story ...)
1 in 5 Singaporeans mull over switching from main bank, study reveals
A study by JD Power has revealed that probably a portion of Singapore bank customers are not satisfied with the services of their current bank. Almost 20 percent of customers, or one in five, are considering leaving their primary bank for another in the ... ( read original story ...)
Wealth in Singapore: HNW Investors 2017
Companies mentioned in this report: Standard Chartered Private Bank, HSBC, Citibank, DBS, OCBC, Bank of Singapore and Vontobel. - Expats constitute half of Singapore's HNW population, hence constituting a lucrative target market. - Accelerated demand for ... ( read original story ...)
Singapore, Indonesia ready to exchange taxpayers’ financial data – ministries
About 11 percent of those assets were expected to be repatriated back to Indonesia. On Wednesday, Singapore's Ministry of Finance said in a statement the city-state "is ready to have an Automatic Exchange of Financial Account Information (AEOI ... ( read original story ...)
Singapore’s Top Performing IPO This Year Surged 158%
Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. After staging concerts in Singapore for the past two decades, the city-state’s best-performing initial public offering this year is taking its entertainment on the ... ( read original story ...)
Singapore IPO activity this year poised to surpass 2016 levels
There was quite a number of successful Initial Public Offerings (IPO) in Singapore for the first half of the year, and this could spell a stellar overall IPO activity for 2017. According to the latest figures by PwC Singapore, IPOs for 1H17 raised US$329m. ( read original story ...)
Singapore ready for ‘automatic exchange of financial account information’ relationship with Indonesia: MOF
JAKARTA - Singapore is ready to have an Automatic Exchange of Financial Account Information (AEOI) relationship with Indonesia, said the city-state's Ministry of Finance (MOF). "This is in line with our consistent position for a level playing field with ... ( read original story ...)
Singapore Restaurant Festival 2017 – 30% Savings At Top Restaurants
DBS and POSB cardmembers are entitled to purchase the Singapore Restaurant Festival Dining Voucher Set worth $100 at a discounted price of $70, redeemable at over 200 participating restaurants. That’s a whopping 30% discount! The vouchers come in ... ( read original story ...)
Seven big new trends shaking up Singapore banking jobs
Here’s what’s shaping the banking job market in Singapore right now. http://news.efinancialcareers.com/sg-en/289569/entitlement-culture-singapore-bankers/ We’re into the second half of the year. This is not traditionally the best time to look for a ... ( read original story ...)
Singapore Stock Market Inherits Flat Lead
(RTTNews.com) - The Singapore stock market on Tuesday wrote a finish to the two-day winning streak in which it had gathered more than 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,220-point plateau and it figures to see a ... ( read original story ...)
Indonesia to bring home tax money parked in Singapore
Read also: Repatriated funds from Singapore reaches Rp 84.52 trillion Finance Minister Sri Mulyani Indrawati received the offer from Singapore on the sidelines of the G20 Summit in Germany last week. “This is a positive. I will follow up so that we can ... ( read original story ...)
DBS India net profit up 50% on strong loan growth
Mumbai: Singapore based DBS Bank said its net profit in India rose to Rs 13 crore in the year ended March 2017 up 50% from Rs 9 crore a year earlier driven by a 24% loan growth and as fee income doubled to Rs 623 crore from Rs 280 crore a year earlier. ( read ...