About 22 companies have left the Singapore Exchange this year, outpacing the number of IPO deals it hosted. That includes home-grown logistics company CWT, privatized by acquisitive Chinese conglomerate HNA Group. Massage chair maker OSIM International ... ( read original story ...)
Salaries in Singapore To Rise Over 3.9% In 2018: How Much Should You Expect To Get?
Many human resource (HR) firms project salary increments to the tune of close to 4% in Singapore in 2018. Both Mercer and ECA International, two of the most renowned human resource consulting firms in the world, predicts wages in Singapore to increase by 3 ... ( read original story ...)
Losses May Accelerate For Singapore Stock Market
The Singapore stock market headed south again on Tuesday, one session after it had ended the five-day losing streak in which it had surrendered almost 90 points or 2.6 percent. The Straits Times Index now rests just beneath the 3,380-point plateau and it ... ( read original story ...)
Singapore authorities’ housing market warning may fall on deaf ears
SINGAPORE (Reuters) - Singapore's authorities are concerned the island-state's property market could be setting itself up for a fall. A series of aggressive land deals by developers, against the backdrop of rising apartment sales and the first quarterly ... ( read original story ...)
Singapore’s P2P Lending Platforms and Industry: an Overview
Singapore was ranked the sixth largest market in APAC with a total of US$163.75 million raised in 2016. Southeast Asia’s total alternative finance market reached a record of US$215.94 million in 2016, a 362% growth compared with 2015’s market size of ... ( read original story ...)
Powering S’pore’s growth through green finance
Financial institutions here are doing their bit. Besides the guidelines on responsible financing introduced by the Association of Banks in Singapore in 2015, Second Minister for Finance Lawrence Wong also announced last month that the government will push ... ( read original story ...)
1MDB fallout: Singapore’s central bank bans two more finance professionals
Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. In July, a ... ( read original story ...)
Fintech Singapore 2017 in Review
In addition to collaborating closely with the private sector, the authority has initiated a number of projects of its own to be at the forefront of fintech and digital finance. Year 2017 was all about fostering collaboration, building Singapore’s fintech ... ( read original story ...)
Singapore bans two more finance execs for 1MDB-related money laundering breach
Singapore on Tuesday banned a jailed banker from working in its financial services industry for life over his links to the worldwide money-laundering scandal involving neighbouring Malaysia's state fund 1MDB. In a statement on Tuesday, the MAS said that it ... ( read original story ...)
Four Singapore IPOs raised $3.92b in Q3
NetLink NBN Trust's $2.3b "megadeal" boosted the lineup. Four initial public offerings (IPO) in Singapore raised up to $3.92b (US$2.9b) in Q3, which is 566% higher than last year's amount. According to Ernst and Young (EY), NetLink NBN Trust's $2.3b (US$1 ... ( read original story ...)
Bank of Singapore hires bankers to manage Middle East, Indian money
SINGAPORE (BLOOMBERG) - The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore ... ( read original story ...)
Eyeing overseas Indian wealth, Bank of Singapore to expand Dubai office
The private-banking arm of Oversea-Chinese Banking Corporation is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire ... ( read original story ...)
5 Facts About Singapore-Listed REITs
Singaporeans love to invest in real estate. It is, therefore, no surprise that real estate investment trusts (REITs) have been a popular investment vehicle in Singapore since its debut in 2002. Without further ado, here are five interesting facts about ... ( read original story ...)
What changed market while you were sleeping
At 6.30 am, Nifty futures on the Singapore Stock Exchange were trading 31 points. Benchmark equity indices are seeing strong resistance at higher levels. Analysts believe there could be more consolidation on the indices and investors should rather focus on ... ( read original story ...)
Supporting Singapore’s growth
HSBC opened its doors in Singapore 140 years ago. The case for doing so for the (then) 12-year-old Hong Kong and Shanghai Bank was clear. The port of Singapore was the largest trading hub along the Calcutta to Hong Kong spice route, and so our first branch ... ( read original story ...)
Beware of fake Singapore Airlines, DBS phishing websites: Police
SINGAPORE - If you receive e-mails from DBS Bank or Singapore Airlines asking you for your personal information and credit card details, be on your guard as they may well be a phishing attempt, the police said in an advisory on Wednesday (Dec 20). ( read original story ...)