With the aim of regulating the car population in a “free market” manner, the uniquely Singapore Certificate Of Entitlement (COE) system was born. Here is everything you need to know about financing and buying a car in Singapore. Obviously, if you want ... ( read original story ...)
Singapore Business Review Awards 2018 honours 22 outstanding firms
This year's nominations were judged by a panel consisting of Ng Jiak See, executive director and head of corporate finance advisory at Deloitte Singapore & Southeast Asia; Choo Eng Chuan, ASEAN markets leader and partner, international and corporate tax ... ( read original story ...)
Can tighter oversight rein in risks in Singapore’s booming invoice finance market?
The industry’s unregulated nature renders investors vulnerable as revealed by a massive S$6.9m fraud case. Investors are treading more cautiously after an unravelling $6.9m sham at a Singapore crowdfunding site laid bare the vulnerabilities and risks ... ( read original story ...)
Banks are at the forefront of Singapore’s future-ready upskilling charge
country manager of ManpowerGroup Singapore told Singapore Business Review. Turning to hiring is also made more difficult by the fact that 98% of finance employers have trouble finding qualified professionals from the available talent pool, according to ... ( read original story ...)
Avaloq opens state-of-the-art office and service facilities in Singapore
The new Avaloq premises in Singapore are proof of our aspiration to be a ‘great place to work’ for our existing staff and potential high-qualified professionals for our future growth.” Here at Fintech Finance, we work with renowned executives in the ... ( read original story ...)
SRX makes home loan deals in Singapore easier with ‘Myhome Finance’
KUALA LUMPUR, May 18 (Bernama) -- Singapore´s SRX today launched myHome Finance, a home loan platform that enables users to access great home loan deals and complete a paperless application in five minutes accessible through srx.com.sg or mySG Home App. ( read original story ...)
Singapore: UOB (UOBH:SI) Technicals Indicate a Bullish Trend
Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 30.69. The projected lower bound is: 28.44. The projected closing price is: 29.57. A black body occurred (because prices ... ( read original story ...)
Mitsubishi Corporation, Krungsri and Standard Chartered Pilot Payments from Thailand to Singapore on RippleNet
Mitsubishi Corporation, Standard Chartered and Bank of Ayudhya (Krungsri) — a Thailand subsidiary of MUFG Bank — jointly announced a pilot test for payments between Singapore and Thailand with xCurrent. With production volume growing on RippleNet at an ... ( read original story ...)
Singapore private banking bonuses up by as much as 7% in 2017
Gone are the days of pure cash bonuses as bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares. As a growing number of Asia’s ultra wealthy are calling Singapore home, private banking continues to gain momentum in the ... ( read original story ...)
6 individuals issued prohibition orders for mis-selling investment products: MAS
A sixth individual, Zheng Xuemei, a 36-year-old former relationship manager from Citibank Singapore, was also issued a PO for the same offence. The actions taken against them follow a “series of wide-ranging investigations”, said the MAS. Between 2009 ... ( read original story ...)
Singapore Stock Market Poised To End Losing Streak
The Singapore stock market has finished lower in three straight sessions, slipping nearly 40 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,530-point plateau although it may find traction on Thursday. The global ... ( read original story ...)
Venture, recent IPOs among changes to MSCI, FTSE indices
SINGAPORE - Electronics manufacturer Venture Corp has been added to two stock indices, and removed from one after mid-year reviews by index providers MSCI and FTSE. The firm is now included in the MSCI Singapore Index, as well as the FTSE Value-Stocks ... ( read original story ...)
UOB Indonesia announces Painting of the Year competition
The first Painting of the Year competition was held in Singapore in 1982 and began in Indonesia in 2011. UOB Indonesia president director Kevin Lam said art plays an important role in enriching people’s lives while also strengthening community ties. ( read original story ...)
Singapore’s biggest bank takes on China giants in fintech battle
SINGAPORE (May 15): Piyush Gupta sees himself as uncomfortably close to the action in the battle between traditional banks and China’s insurgent fintech giants. The chief executive officer of Singapore’s DBS Group Holdings Ltd has been trying to re ... ( read original story ...)
Singapore Shares May Reverse Monday’s Losses
The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had added more than 15 points or 0.4 percent. The Straits Times Index now rests just above the 3,560-point plateau although it ... ( read original story ...)
DBS Chief Has No Plans to Slow Down
Piyush Gupta, into his ninth year as chief executive officer of DBS Group Holdings Ltd., isn’t looking to call it a day. “I’m loving the job. I think we’re making impact as a company,” Gupta said in an interview at his office in Singapore last week. ( read original story ...)