SINGAPORE - The transfer of US$1.4 billion (S$1.9 billion) of private bank client assets from the English Channel isle of Guernsey to Singapore before new tax transparency rules were introduced has come under the scrutiny of the Monetary Authority of ... ( read original story ...)
Heng Swee Keat to attend G-20 finance ministers, central bank governors meeting in Washington
SINGAPORE - Finance Minister Heng Swee Keat will be in Washington, DC, from Oct 11 to 13 to attend a meeting of Group of 20 (G-20) finance ministers and central bank governors. He will also attend the annual meetings of the World Bank Group and ... ( read original story ...)
Diamonds: A Singapore Bourse Calls Them Portfolio Must-Have
When it comes to havens, investors usually think of gold or Treasuries. Now an exchange in Singapore is starting to trade a credit card-sized package of diamonds for those seeking a shelter from global risks. While bullion trades in standard weights and ... ( read original story ...)
HSBC is hiring for its new UK headquarters. Here’s how to get a job there
“We have already attracted people from London and from markets like Germany, Hong Kong and Singapore.” HSBC is committed to recruiting and retaining a diverse workforce in Birmingham, says Andrews. “Diversity is especially important because the ... ( read original story ...)
Singapore’s CDL bids for full control of Millennium & Copthorne Hotels
The company has in response stalled certain projects and in August reported stronger demand at its hotels in London and Singapore. Deutsche Bank and HSBC Bank acted as financial advisers to CDL, while Credit Suisse acted on behalf of M&C’s independent ... ( read original story ...)
Singapore’s City Developments offers to buy remaining M&C stake
Deutsche Bank and HSBC Bank are acting as financial advisers to CDL, while Credit Suisse is acting for M&C’s independent directors. Last week, CDL and its joint venture partner said they would buy a freehold residential site on Singapore’s east coast ... ( read original story ...)
honestly Shiok! – up to 50% off your favourite dishes with honestbee
With 5 restaurants across Singapore, Poulet has established itself as a fine ... Enjoy 1-for-1 movie tickets at Cathay Cineplex Cineleisure Orchard and Downtown East with your PAssion POSB Cards on 10 Oct 17 ( read original story ...)
UOB Stash Account – How To Maximise Your Interest Returns On Your Savings Using This New Account
recently launched its latest savings account – the UOB Stash Account. This new savings account gives people in Singapore a new and simple way to accumulate and earn interest on their savings. The UOB Stash Account works in a relatively straightforward ... ( read original story ...)
Owner of Garena gaming platform seeks up to $950m from IPO
South-east Asia's most valuable start-up Sea - known for its Garena gaming and shopping platform - aims to raise as much as US$696 million (S$949.6 million) in its United States initial public offering (IPO). The Singapore-based company, formerly called ... ( read original story ...)
Singapore aims to rival London and New York in debt restructuring
[cat_name] => Finance and Insurance [category_nicename] => finance-and-insurance [category_parent] => 54 ) ) Singapore authorities are trying to position the Southeast Asian republic as a debt restructuring centre on a par with London and New York ... ( read original story ...)
Indonesia investigates StanChart over $1.4 billion transfer
JAKARTA (Reuters) - Indonesia is investigating reports that $1.4 billion held by Standard Chartered Plc (STAN.L) in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules ... ( read original story ...)
DBS Adopts Credit Cycle Approach with Z-Risk Engine to Meet IFRS 9 Regulatory Requirements Ahead of January 2018 Deadline
SINGAPORE--(BUSINESS WIRE)-- DBS, the Singapore-based regional bank, announced today that it is deploying Z-Risk Engine ® (ZRE) to generate forward-looking future credit losses on the bank’s wholesale credit portfolio, as it complies with imminent IFRS ... ( read original story ...)
Amazon Faces Challenge From Malls, Alibaba in Singapore
As Amazon.com Inc. pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago. Delivery delays ... ( read original story ...)
OCBC, StarHub ink first bank-telco deal in Singapore
Finance Goliath OCBC Bank and telco giant StarHub announced that they will be investing S$6 million over the next year to establish partnerships in several industries and to boost better services and offerings for their customers. Marking the formation of ... ( read original story ...)
Renewed interest in Careers in Banking & Financial Services Among Local Millennials
Banking & Financial Services ... Managing Director of CareerBuilder Singapore. Other survey findings include: Prominent scholarship providers such as the Public Service Commission, the National University of Singapore and Nanyang Technology remains ... ( read original story ...)
OCBC Bank, StarHub form strategic partnership for tie-ups across multiple industries
SINGAPORE - OCBC Bank and infocommunications firm StarHub are investing S$6 million over 12 months "to build networks of partnerships across multiple industries and give customers better services, experiences and offers". OCBC group chief executive Samuel ... ( read original story ...)