On the right track for Stanchart Singapore Marathon

This year's Standard Chartered Singapore Marathon (SCSM) will be a special one for women. Together with local running club Rockrunners, SCSM organisers launched the Women's Squad Activation; a customised training programme to help women prepare for the Dec ... ( read original story ...)

Grab launches GrabNow to encourage taxi drivers to go cashless

Grab has launched GrabNow in Singapore, which allows passengers to flag down and ... With this new feature, all GrabTaxi driver-partners with POSB or DBS bank accounts can instantly transfer fares collected through GrabPay into their bank accounts, and ... ( read original story ...)

Passengers can now pay for street-hail rides via Grab app

SINGAPORE — Ride-hailing company Grab on Monday (Aug 7 ... Under the Instant Cash Out feature, all GrabTaxi driver-partners with POSB or DBS bank accounts can instantly transfer fares collected via GrabPay into their bank accounts and withdraw their ... ( read original story ...)

GrabNow service to target street-hail market

This is in line with Singapore trying to push for a cashless society ... Grab also launched an instant payout feature that allows drivers with POSB or DBS bank accounts to instantly transfer fares collected via GrabPay into their bank accounts. ( read original story ...)

UOB loans expected to grow 4.5%

This will push net interest income to grow 8%. Following a strong net interest income in the past quarter, Singapore big bank UOB is expected to grow loans by 4.5% yearly. According to RHB analyst Leng Seng Choon, this will come as net interest margin ... ( read original story ...)

ANZ migration to DBS on track for full completion by early 2018

ANZ's wealth management and retail banking business in Singapore was migrated across to DBS Bank over the weekend, said the Singapore lender yesterday. The process involved transferring ANZ customer databases to DBS while staff moved their belongings to ... ( read original story ...)

Expensive new recruits push up pay at Singapore banks

Singapore’s three local banks, led by OCBC, are becoming better paymasters. http://news.efinancialcareers.com/sg-en/291440/asian-bankers-dont-fear-robots/ Singapore’s three local banks, led by OCBC, are becoming better paymasters as more wealth ... ( read original story ...)

Paris Aims to Overtake Frankfurt in Race for Brexit Bank Jobs

HSBC, which has a French retail bank ... London tops the list, followed by New York and Singapore. “Many banks, many investors, should be aware that France is changing,” Le Maire said, citing Paris Saint Germain’s world record signing of Brazilian ... ( read original story ...)

Asean to give infrastructure a big push

Asean investors have become the largest investors in their own region, three times more than from Chinese investors, said Tony Cripps, chief executive officer of HSBC Singapore. According to Asean Investment Report 2016, Asean remained a major destination ... ( read original story ...)

From Worst to Best: A Shipbuilder’s Fortunes Turn Around

By Krystal Chia and Livia Yap (Bloomberg) — A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock ... according to a report by HSBC Global Research. It reported $823 million last year, according to a company statement. ( read original story ...)

The new trade order

Tony Cripps, the CEO of HSBC in Singapore, said Asean was the world's fourth-largest trade bloc and about 25% of its trade activity was within the connected countries of the 10-member bloc, so "the fundamentals are incredibly powerful", especially with the ... ( read original story ...)