Once upon a time, there was a guy named Jack. Jack lived in a condo in Singapore and decided to lend $1,000,000 to his friend, Jill, for 10 years in exchange for 1% interest per annum. Jill accepted the agreement and had to pay an additional $10,000 to ... ( read original story ...)
Singapore’s DBS starts mobile banking in Indonesia
SINGAPORE/JAKARTA -- Singapore's largest bank by assets, DBS Group Holdings, launched Tuesday a mobile banking service in Indonesia, looking to tap into mobile-savvy millennials in Southeast Asia's largest country. The paperless and signature-less service ... ( read original story ...)
IPOS, Deloitte sign MOU to help 100 companies commercialise intellectual property
SINGAPORE - Companies that make use of intellectual property (IP) - especially in the biomedical and healthcare, manufacturing and engineering and deep tech fields - are getting a boost to scale up and expand abroad. The Intellectual Property Office of ... ( read original story ...)
“Bankers in Asia change jobs far too much. Here’s why I don’t”
Since arriving in Singapore, I’ve been shocked by how much banking professionals here change jobs. http://news.efinancialcareers.com/sg-en/293515/fail-singapore-banking-job/ If you read my previous article on this site, you’ll know that I’m a banker ... ( read original story ...)
SIA and SilkAir merge finance operations amid challenges
Singapore Airlines (SIA) and its regional arm, SilkAir, have merged part of their finance operations, as part of an ongoing transformation to stave off competition in the industry. This will likely pave the way for further consolidation of more of both ... ( read original story ...)
Biometrics-based payment system coming soon for Singapore school kids
“Our partnership with POSB Smart Buddy to demonstrate how the world’s first biometric payment solution can be suitable for school children is an exciting development – it is in line with our Prime Minister’s focus on making Singapore a Smart Nation ... ( read original story ...)
SIA, SilkAir merge finance operations amid challenges
Singapore Airlines (SIA) and its regional arm, SilkAir, have merged part of their finance operations, as part of an ongoing transformation to stave off competition in the industry. This will likely pave the way for further consolidation of more of both ... ( read original story ...)
3 Types of REITs in the Singapore Stock Market
Singapore is a hotbed for real estate investment trusts (REITs). We have some of the highest quality and highest yielding REITs in the region. However, there are more than 40 REITs in the Singapore market alone. With so many choices to choose from, it can ... ( read original story ...)
New OCBC mobile keyboard allows fund transfers directly from apps
SINGAPORE: OCBC Bank on Monday (Aug 28) launched a mobile keyboard for Android device users, allowing them to make electronic payments to another person regardless of what app they are on. The custom keyboard lets consumers pay from apps they are ... ( read original story ...)
OCBC Keyboard lets users send money without leaving their chat, e-mail apps
SINGAPORE - OCBC mobile banking customers can now type into any messaging app - be it WhatsApp, Facebook, Gmail or Instagram - to initiate a funds transfer to anyone's mobile number. This is possible with the roll out of OCBC Keyboard, which works within ... ( read original story ...)
HSBC ‘back in growth mode’ in Singapore
British bank HSBC is now "back in growth mode" in Singapore after investing heavily in turning around revenue and profitability, said a top executive. Despite a fiercely competitive retail market, the bank has high hopes for its business here, said Mr ... ( read original story ...)
HSBC has high hopes for its business here
British bank HSBC is now "back in growth mode" in Singapore after investing heavily in turning around revenue and profitability, said a top executive. Despite a fiercely competitive retail market, the bank has high hopes for its business here, said Mr ... ( read original story ...)
Singapore financial sector conducts physical and cyber attack simulation to test business continuity
finance companies, insurers, asset management firms, securities and brokerage firms, financial market infrastructures, industry associations, the Singapore Exchange as well as the Monetary Authority of Singapore (MAS) participating in the Exercise. ( read original story ...)
Singapore’s Top 5 Dividend-Paying Giants
The Singapore stock market is home to a large number of giant companies. The exchange boasts 98 businesses in Singapore with market capitalisations above $1 billion. These sizable companies come from a range of industries and a substantial number of them ... ( read original story ...)
Singapore Shares for the Week: 12 Blue-Chip Stocks Beat the Market
The Singapore market, as represented by the Straits Times Index (SGX ... Get a FREE weekly dose of our Foolish investing insights when you subscribe to David Kuo's "Take Stock" email bulletin today. And better yet -- you'll also get instant access ... ( read original story ...)
Why start-ups like to set up in Singapore but list in Hong Kong
The firm was last month given the green light to launch a global wealth management platform by the Monetary Authority of Singapore. Still, the overall Hong Kong IPO market is more robust. It has raised four times more funds than Singapore so far this year ... ( read original story ...)