Singapore is the second-poorest performer amongst surveyed countries. The number of women in managerial positions has increased in Asia, according to global professional recruiting group Hays. The 2017 Hays Asia Salary Guide reveals that 31% of management ... ( read original story ...)
Mild Support Tipped For Singapore Shares
(RTTNews.com) - The Singapore stock market on Thursday wrote a finish to the two-day winning streak in which it had climbed almost 25 points or 0.7 percent. The Straits Times Index now rests just below the 3,120-point plateau, although the market may find ... ( read original story ...)
Singapore Shares Draw Flat Lead For Thursday
(RTTNews.com) - The Singapore stock market has tracked higher in two straight sessions, climbing almost 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,145-point plateau, although the market may be stuck in ... ( read original story ...)
Singapore to look into residential stamp duty loopholes
Legislative changes will be made to solve issues. The Singapore government will be working to review and solve several issues concerning the residential stamp duties. Speaking before the Parliament, National Development Minister Lawrence Wong said the ... ( read original story ...)
How do Singapore firms adopt diversity practices in their workplaces?
1 in 2 companies reflected an increase in the number of female job applicants. Singapore firms are starting to take a step further to embed a diverse and inclusive culture in their workplaces, as revealed by the latest study by the PwC. In the study ... ( read original story ...)
Ex-BP executive charged with taking $5.7m in bribes
from a HSBC account in Hong Kong to a POSB Bank account and two other HSBC Singapore accounts. The amounts ranged from $76,568 to $725,500. He also faces 10 charges of converting property amounting to $3.97 million which, in whole or in part, were direct ... ( read original story ...)
Singapore Exchange brings back lunch break, widens bid-offer spread
The Singapore Exchange (SGX) is bringing back lunch breaks and widening the bid-and-offer spread, giving up a faster-paced approach to boosting volumes made after a penny stock crash in 2013 that rattled confidence and saw retail business slump. ( read original story ...)
DBS to launch mobile-only banking service in Indonesia
The Development Bank of Singapore (DBS) plans to introduce a smartphone-based mobile banking option for the Indonesian market as a way to further digitalize the banks’ operations and utilize digital innovation to its advantage. Digital transformation is ... ( read original story ...)
Standard Chartered Says Singapore Is a Core Market
Mar.07 -- Judy Hsu, Singapore chief executive officer at Standard Chartered, discusses the bank's turnaround in Singapore, the hiring of more than 1,000 employees last year and her outlook for the bank and the industry. She speaks to Bloomberg's Haslinda ... ( read original story ...)
OCBC Bank launches ‘robo-adviser’ in Singapore
SINGAPORE — OCBC Bank is piloting a robo-advisory service for investors to help them monitor and manage their investments, using an algorithm-based formula. The online platform will offer clients direct advice on balancing investment portfolios without ... ( read original story ...)
OCBC joins home loans war among local banks
Many mortgages are pegged to publicly set benchmarks, such as the Singapore Interbank Offered Rate. OCBC's latest offer works out to 0.7 per cent for the first year, 0.65 per cent for the second year, 0.60 per cent for the third year and 0.55 per cent for ... ( read original story ...)
SGX rules at least 5% of mainboard IPOs must go to retail investors, starting May 2
SINGAPORE - The Singapore Exchange (SGX) will mandate all mainboard IPO companies to allocate to retail investors at least 5 per cent, or S$50 million, whichever is lower, of their offer size. The introduction of the minimum IPO allocation is aimed at ... ( read original story ...)
SGX mandates mainboard IPO firms to allot 5% for small investors
It is aimed to facilitate greater retail participation. Singapore exchange announced that it will be mandating all mainboard IPO companies to allocate at least 5% of $50m, whichever lower, to retail investors. According to Chew Sutat, SGX's Executive Vice ... ( read original story ...)
At least 5% of SGX mainboard IPOs to be set aside for retail investors
“We recognise that market forces are dynamic and will continue to monitor the public subscription trends of IPOs to ensure that the minimum allocation amounts are appropriate for the Singapore market,” said Mr Chew. ( read original story ...)
Banking on his new skills
He chose to pursue a Bachelor of Business in Banking and Finance (Double Major), awarded by Murdoch University, at Kaplan in Singapore because of the programme’s ideal duration and flexible study schedule. “With a diploma in banking and finance from ... ( read original story ...)
Singapore millennials look to property for financial security
The latest survey by Manulife found that 68 percent of Singapore millennials plan to purchase property. Despite having the lowest satisfaction with rental yields in Asia, Singapore millennials (those aged between 25 and 34) favour investing in property ... ( read original story ...)