Mr Fonzarelli Ong, a senior vice-president at Citibank Singapore, recalled that when the global financial crisis hit in 2008, there was a “sweeping anxiety” across the industry. “Markets were quiet, phones were no longer ringing, everyone’s waiting ... ( read original story ...)
Small Bay Area tech firm wins $12M verdict against Singapore-based behemoth
A small tech company in Tiburon has won a verdict of more than $12 million against a Singapore company it sued for alleged ... The jury also awarded Venture $77,563 for 2,140 Citibank prototype cards it provided to FiTeq and $303,900 for inventory ... ( read original story ...)
Top 5 credit cards for earning Singapore Airlines KrisFlyer miles
Singapore Airlines’ KrisFlyer frequent flyer scheme is a ... credit cards from banks including American Express Australia, Diners Club, Westpac and Citibank. Australian Business Traveller highlights five of your best options, along with what you ... ( read original story ...)
Thailand Becomes Tenth Country in Which Samsung Pay Has Launched
The Thai launch of Samsung Pay follows soon after a planned launch in the UK was delayed, and amid anticipation that it will soon debut in India. It is currently active in South Korea, China, Spain, Singapore, Australia, Brazil, Russia, Canada, and the US. ( read original story ...)
DBS Group selling PwC Building to Manulife in $747 million deal
Singapore - In the first transaction of an entire Singapore office building this year, DBS Group announced on Friday evening that it is selling PwC Building at 8 Cross Street to an indirect subsidiary of Manulife Financial Corp. This confirms an earlier BT ... ( read original story ...)
Housing Prices in Singapore Feb 2017: How Much Will Your First Home Cost?
Most Expensive Neighborhoods in Singapore for a 3-BR HDB Flat The Cost of a Loan Most ... There are many types of insurance which consumers can go without. Even if you self-finance the purchase of a home, homeowner’s insurance is a very wise decision. ( read original story ...)
Is The Singapore Stock Market A Buy In 2017?
Emerging markets are performing very well lately. We have indicated in several articles why, and indicated which emerging stock markets are worth considering. One of the many questions of readers we received this week is whether the Singapore stock market ... ( read original story ...)
Singapore banks likely to report profit slump amid oil sector stress: Analysts
SINGAPORE — DBS Group Holdings and smaller rival United Overseas Bank (UOB) are set to report their lowest quarterly profit in at least two years, hurt by bad loan provisions for a battered oil services sector, a survey of analysts by Reuters has shown. ( read original story ...)
Amanda Tan set for professional debut at HSBC Women’s Champions
SINGAPORE — At the 2014 HSBC Women’s Champions, Amanda Tan was an amateur golfer who found herself starstruck by her idols. Come next month, she could go head to head with some of the world’s best female golfers as a pro. Fresh from clinching a ... ( read original story ...)
Singapore banks' sour loans in focus as oil service sector stresses
SINGAPORE Feb 10 Singapore's DBS Group Holdings and smaller rival United Overseas Bank are set to report their lowest quarterly profit in at least two years, hurt by bad loans provisions for a battered oil services sector. Nearly a dozen Singapore-listed ... ( read original story ...)
DBS sells PwC Building in S$747 million deal
SINGAPORE - DBS Group Holdings said on Friday (Feb 10) it has agreed to sell PwC Building at Cross Street to an indirect subsidiary of Manulife Financial Corp in a deal that values the 28-storey office tower at S$747 million. The deal is done through the ... ( read original story ...)
Standard Chartered: the digital bank with a human touch
We are now offering credit cardholders in six markets (Singapore, Indonesia, Malaysia, Vietnam, India and the UAE) up to 25 percent cashback for all global Uber rides. This collaboration is part of Standard Chartered’s digital agenda to deliver simple ... ( read original story ...)
Ex-DBS bankers back fintech remittance startup
SINGAPORE - Former DBS bankers are backing a fintech remittance-payments startup with the potential to disrupt the lucrative trillion-dollar global-payments industry. The homegrown fledgling, called SingX, on Thursday billed itself as a cheaper ... ( read original story ...)
Singapore Stock Market May Challenge 3,100-Point Level
(RTTNews.com) - The Singapore stock market bounced higher again on Thursday, one session after it had ended the two-day winning streak in which it had gathered almost 30 points or 1 percent. The Straits Times Index now rests just beneath the 3,080-point ... ( read original story ...)
What You Need to Know About Petrol Prices in Singapore
Given its strategic location, advanced port infrastructure, and domestically-based financial network, Singapore is the dominant oil trading nation in Southeast Asia. It is estimated that nearly 5% of Singapore’s total GDP is derived from the trade ... ( read original story ...)
Sansiri, SCB join forces to launch Siri Venture for property tech startups in Thailand
With focus on investing in property-related startups and R&D, Sansiri will own 90 per cent of Siri Venture while SCB owns the rest ... to startups based in Thailand and Singapore. It will inject between THB500,000 (US$14,200) and THB10 million (US$285,000 ... ( read original story ...)