... announced that it has successfully completed the acquisition of ANZ’s wealth management and retail banking business in five markets in Singapore, Hong Kong, Mainland China, Taiwan and Indonesia. The latest migration was successfully conducted in ... ( read original story ...)
Rising interest rates to push banking into golden age
Better economic sentiments in the US cause banks' interest rates to slowly rise. The banking sector has experienced a mixed decade. The financial crisis caused severe pain and distress for a wide range of investors. Some institutions went under ... ( read original story ...)
DBS SME banking establishes retail F&B coverage team
This is a two-fold increase over the last five years. The overseas expansion is driven by limited growth opportunities in Singapore for F&B companies. Joyce Tee, DBS Group head of SME banking, says: “Even though Singaporeans eat well and dine out ... ( read original story ...)
Hong Kong – Open Banking Developments
In this bulletin, we discuss the HKMA initiative as well as the initiatives in Singapore and Australia relating to Open Banking. 1. Hong Kong’s new era: HKMA issues consultation paper on Open Banking The HKMA announced the launch of a “New Era of Smart ... ( read original story ...)
DBS Bank crowned king at Marketing’s 2018 Mob-Ex Awards
Taking home all the glory this year is DBS Bank, which stood proud as this year’s overall winner for ‘Best in Show – Brand’ at the sixth edition of Mob-Ex Awards. The reigning champion stole the show at InterContinental Hotel Singapore as it ... ( read original story ...)
Singapore May Start Taxing Amazon and Lazada
senior minister of state for law and finance, said in November. Read More: Singapore Has More Tax Options Than a GST Hike in 2018 Budget Rajah said in a radio interview last week that the government was still studying the e-commerce tax and it’s ... ( read original story ...)
Where to get hired at Standard Chartered in Asia after CNY
https://news.efinancialcareers.com/sg-en/307747/bankers-asia-regret-becoming-mds/ Standard Chartered will ramp up hiring of corporate banking relationship managers (RMs) in Singapore after Chinese New Year. The bank is also looking to redeploy some of its ... ( read original story ...)
DBS to hand out limited-edition jewellery to employees by end Feb
For instance, in 1977, the bank launched the Pandan Valley condominium, Singapore’s largest condominium at the time. DBS today continues its slew of firsts. In 2017, the bank launched POSB Smart Buddy – the world’s first in-school wearable tech ... ( read original story ...)
Regional IPO market to accelerate in 2018, says SGX
KUALA LUMPUR: Ample liquidity, high valuation levels and a renewed appetite for cross-border listings are brightening the horizon for the regional initial public offering (IPO) market this year amid a pickup in global listings, according to Singapore ... ( read original story ...)
Excitement over Singapore-Malaysia market connect
Against this shared history and the bilateral chemistry between both countries that is at its best now, the plan to allow mutual market access under a "Malaysia-Singapore Connect" would not only seem logical, but also natural. The stock trading link ... ( read original story ...)
Where to get hired (and fired) at Standard Chartered in Asia after CNY
https://news.efinancialcareers.com/sg-en/307747/bankers-asia-regret-becoming-mds/ Standard Chartered will ramp up hiring of corporate banking relationship managers (RMs) in Singapore after Chinese New Year. The bank is also looking to redeploy some of its ... ( read original story ...)
Sasseur Reit plans up to $600 million IPO in March
SINGAPORE - SASSEUR Group, a Shanghai-based developer of outlet malls which last year pushed back plans for a Reit listing here, has begun gauging investor interest again with plans to list Sasseur Reit in March. The initial public offering (IPO ... ( read original story ...)
Ultimate CNY Discount Cheatsheet – 20 Reunion Dinner, Snacks & Takeaway Deals In 2018
DBS/POSB cardmembers exclusive: $5 return voucher with no minimum ... Not valid for Pen Cai Treasure Pot and all hampers. The Westin Singapore is also offering a 1-for-1 international buffet at Seasonal Tastes, taking your dining experience to a new ... ( read original story ...)
DBS Bank crowned king at the Marketing’s 2018 Mob-Ex Awards
With the launch of its first global POSB Smart Buddy programme ... of their child’s whereabouts with the bus tracker and in-school locator feature. The Singapore bank placed its focus on reducing cost of cash handling and recycling in the eco system. ( read original story ...)
Festive promotions, travel aid and cashback for active living
DBS and POSB are offering a slew of festive deals ... The recent launch follows the campaign roll-out across Asia, with Singapore being the first and only market to reward customers with cash for achieving their set step goals. A Manulife study covering ... ( read original story ...)
Don’t let employers hold on to maids’ salaries: Centre for Domestic Employees
The Singapore government should consider prohibiting the practice ... For maids who said they wanted to receive their salary electronically, CDE collaborated with POSB and employment agencies to help these workers open a bank account known as the POSB ... ( read original story ...)