Tag: banking

(Bloomberg) -- Singapore's casinos are so 2015. After luring tourists for half a decade, they're now losing out to the mall. Shopping has overtaken gambling as the biggest earner in Singapore's tourism industry for the first time since 2012, surging 44 ... ( read original story ...)

SINGAPORE: Feedback unit REACH and Singapore's finance ministry will be organising a series of listening points to gather views ahead of next year's Budget. Nine REACH listening points will be set up in areas like malls, markets and community centres. ( read original story ...)

But some analysts see a brighter side to this, saying this gives the market cost advantage. Based on JLL's latest Global Premium Office Rent Tracker, Singapore ranked 18th in the world's priciest cities for Grade A offices. Its rival Hong Kong topped the list. ( read original story ...)

Worried about your Singapore banking bonus? You probably should be. http://news.efinancialcareers.com/sg-en/265908/job-market-singapore/ Investment banks in Singapore typically won’t pay their bonuses until after Chinese New Year, but a general picture ... ( read original story ...)

SINGAPORE — Several employees of DBS Group Holdings in Hong Kong have been arrested in a probe connected with an alleged leak of customer data, prompting the Singapore bank to say on Friday (Dec 9) that it takes its obligations to curtail financial crime ... ( read original story ...)

Singapore’s property market is especially attractive for several reasons. The city-state has an infrastructure and facilities that are on par with the best in the world. It is a regional financial hub and many of the world’s foremost financial ... ( read original story ...)

It’s a quandary I never imagined facing, but my decision to skip the Standard Chartered Marathon Singapore 2016 was predicated on sound reasoning, and a whole lot of introspection, as my journal took me from first thoughts to making my final decision. ( read original story ...)

Indonesia's Gatot Indrajati “brushed aside” artists from Thailand, Malaysia and Singapore to win the grand prize in the UOB Southeast Asian Painting of the Year Awards in Singapore last Wednesday. His colourful mixed-media-and-acrylic “Right or Wrong ... ( read original story ...)

The move comes after the start-up received its Capital Market Services licence from the Monetary Authority of Singapore in August. In March, United Overseas Bank (UOB) announced its US$10 million (S$14.3 million) investment in the start-up for an ... ( read original story ...)

Denes Ban said: “We are excited to be operating in Singapore, which is fast becoming a leading global fintech center. We look forward to strengthening our winning team of UOB and the Sassoon family by adding new Singapore partners, investors, and ... ( read original story ...)

You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,228 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. You can find out more information about the SSB here. ( read original story ...)

UOB notes that this is possibly a result of the weaker real wage growth and less-tight labour market, and evident in the contraction in Singapore’s retail sales numbers over the past year. "Faced with the onset of poorer economic prospects and job market ... ( read original story ...)

Profit-taking on DBS Group, Genting Singapore, Wilmar International and Global Logistic ... Strong buying interest in UOB Group and Singtel helped bolster the market. UOB rose 0.9 per cent or 18 cents to $21.01, while the telco climbed 0.3 per cent or ... ( read original story ...)

SINGAPORE (Nov 30): UOB Kay Hian is keeping its “overweight” call on the Singapore banking sector while maintaining its “buy” recommendations on DBS Group and Oversea-Chinese Banking Corp (OCBC) at target prices of S$20.15 and S$10.45 respectively. ( read original story ...)

It also believes that enhanced government support for Singapore-based offshore marine companies will ... NPL formation up to 3Q16 remained high. Positively, OCBC and UOB have indicated that no new names were identified in 3Q16. ( read original story ...)

SINGAPORE: The Monetary Authority of Singapore (MAS) said on Friday (Dec 9) it is aware of the case involving DBS Hong Kong whose employees were reportedly arrested over an alleged leak of customer data. It added that DBS is cooperating with Hong Kong ... ( read original story ...)