Here’s How Americans Have an Edge in One of Asia’s Hottest Property MarketsAmericans save $600,000 in tax for every million dollar of purchase SINGAPORE, July 10, 2023 (GLOBE NEWSWIRE) -- Ohmyhome ...
Singapore’s UOB Is Shutting Myanmar Junta Allied Airline’s Bank Accounts
UOB began closing Myanmar Airway International’s accounts on July 1 and will complete the process on August 15.
RHB downgrades banks to ‘neutral’; UOB named top pick
The Singapore research team at RHB Bank Singapore has downgraded Singapore banks to “neutral” from “overweight” after a series of “disappointing macroeconomic data” recently. The disappointing data ...
Major Singapore bank halts financial services for Myanmar airline
A leaked letter signed by MAI’s CEO explains that UOB is halting the airline’s transactions, including deposits and transfers, by mid-August ...
Chinese developer Kaisa Group faces winding-up petition by Singapore hedge fund on yuan-bond payment miss
Kaisa Group received a winding-up petition in Hong Kong from a Singapore-based hedge fund for non-repayment of a yuan-denominated debt and accrued interest. The stock crashed to a record low.
Sluggish loan growth, economic uncertainties cloud Singapore’s banking prospects: RHB
RHB Research has cut its weighting for the banking sector to “neutral” from “overweight” as it foresees waning business and consumer sentiment, along with low demand for credit, to partially offset ...
SCB WEALTH embraces becoming a ‘Digital Bank with Human Touch,’ winning Best Private Bank for Digitally Empowering RMs award
SCB WEALTH embraces becoming a ‘Digital Bank with Human Touch,’ winning Best Private Bank for Digitally Empowering RMs award, strengthening wealth platform innovation leadership Dr. Sathit Pongtanya, ...
Durian vendor tackles man who snatched $600 from elderly woman in Tampines
A durian vendor went to the rescue of an elderly woman when she was robbed of $600. The incident took place near a POSB ATM at Block 827, Tampines Street 81, after the woman withdrew cash from the ...
DBS upskills relationship managers on sustainable financing
Singapore-based lender DBS has upskilled more than 1,600 institutional banking relationship managers (RMs) and 170 credit risk managers (CRMs) to deepen their knowledge in sustainable financing ...
What is ‘GIFT Nifty’ — the new avatar of the India-Singapore joint stock exchange, now in Gujarat
The cross-border initiative connecting India & Singapore’s capital markets will now be traded from GIFT city in Gandhinagar, the country's 1st international financial services centre.
DBS upskills sustainable financing knowledge of 1,600 relationship managers
The bank will incorporate the workshops as part of its training curriculum for incoming RMs. DBS upskills sustainable financing knowledge of 1,600 institutional relationship managers (RM) and 170 ...
Singapore Hedge Fund Files Wind-Up Case Against China’s Kaisa
A Singapore-based hedge fund has filed a winding-up petition in Hong Kong against Kaisa Group Holdings Ltd., potentially complicating the Chinese builder’s debt-restructuring effort.
Family offices in spotlight over how much value they bring to Singapore
Payoffs in jobs and investments are why advocates want more support for the sector. Read more at straitstimes.com.
Former HSBC executives launch new financial comms agency, Via
Dan led the set-up of the bank’s global internationalism thematic. As head of communications for HSBC Singapore and more recently Australia, he has built the bank’s South and Southeast Asian ...
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
Along with China, HSBC believes India is the "main macro growth story in 2023" as the economy has recovered strongly from the Covid pandemic on the back of resurgent consumer spending and services.
Singapore banks told to phase out SMS OTP as sole factor of authenticating high-risk transactions
The Monetary Authority of Singapore has required banks to phase out SMS OTP as a sole factor to authenticate high-risk transactions," said Senior Minister Tharman Shanmugaratnam in a recent parliament ...