Tag: finance

namely the Bank of China and Industrial and Commercial Bank of China Limited, the Association of Banks in Singapore (ABS) said. According to an announcement, this will bring the number of banks offering PayNow to nine. The banks currently offering PayNow ... ( read original story ...)

... Mandiri in collaboration with Swiss Lombard Odier will introduce a new banking product on April 16 for Indonesians who want to repatriate their funds that are parked in Singapore. “The product is in the form of a mutual fund with different ... ( read original story ...)

But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)

He joined Deutsche Bank in 1989 and has worked in Frankfurt, London, Singapore, Tokyo and Toronto. “Our view is that Sewing seems to be an OK candidate,” said one major investor who spoke on condition of anonymity. Sewing’s appointment was a blow to ... ( read original story ...)

The Singapore stock market has climbed higher in consecutive trading days, gathering more than 100 points or 3 percent along the way. The Straits Times index now rests just above the 3,440-point plateau although it may run out of steam on Monday. ( read original story ...)

Mr Achleitner has remained ­silent as speculation of a management change at the bank has mounted. Mr Cryan was previously chief ­financial officer at UBS before leaving to head European operations of Temasek, Singapore’s sovereign wealth fund. ( read original story ...)

He has been a member of the management board since 2015. Sewing joined Deutsche Bank in 1989 and has worked in Frankfurt, London, Singapore, Tokyo and Toronto, according to the bank's website. His appointment would be a blow to co-deputy Marcus Schenck ... ( read original story ...)

"MAS has been working with financial institutions in Singapore on a number of initiatives to continuously deepen the sector's cyber capabilities, taking into account the rapidly changing cyber threat landscape," Mr Tan added. The central bank also ... ( read original story ...)

In its latest initiative to promote the digitization of B2B payments, Singapore’s DBS Bank said it’s working to support its corporate customers’ shift away from the paper check. Reports in The Business Times on Thursday (April 5) said DBS Bank wants ... ( read original story ...)

SINGAPORE (REUTERS)- Singapore's central bank is expected to tighten monetary policy in April for the first time in six years, with economic growth seen solid enough to shift away from a stance associated with periods of acute weakness. Twelve of 19 ... ( read original story ...)

SINGAPORE (Reuters) - Members of the Association of Southeast Asian Nations (ASEAN) are confident of their economic growth outlook despite rising global trade tensions, Singapore Finance Minister Heng Swee Keat said on Friday. Heng’s comments at the end ... ( read original story ...)

Real estate investment trusts (REITs) are popular among Singaporeans. REITs are obliged to distribute at least 90% of their taxable income to enjoy tax benefits. Therefore, by investing in REITs, investors can receive regular distributions, usually on a ... ( read original story ...)

then looking for alternative sources of finance would have to come in hand. Some of the notable sources of funding for property purchases in Singapore are Cash, CPF savings, and Bank Loan To be able to use CPF savings in property purchase one must first ... ( read original story ...)

SINGAPORE (Reuters) - Singapore’s competition watchdog said Uber will delay the ride-hailing app’s shutdown in the city-state by a week to April 15. Uber was initially set to end its services by April 8 in Singapore after a deal to sell its Southeast ... ( read original story ...)