noted that a pick-up in Singapore bank loans in February was largely driven by business loans, while consumer loans shrank for the 10th straight month. On Tuesday, the MAS said it did not see a need ... ( read original story ...)
Moody’s places Hero FinCorp, IIF under review, muthoot finance outlook to negative
The Indian NBFC industry has been affected given disruptions to economic activity from the coronavirus outbreak ... ( read original story ...)
Bank of Singapore hires head of bespoke investments for GC
Bank of Singapore has appointed Kelvin Teo as head of bespoke investments for Greater China and North Asia. As part of the bank’s ultra-high net worth (UNHW) bespoke investments team, Teo will help ... ( read original story ...)
Fitbit’s Singapore Contract Looks Like a Big Deal for FIT Stock
The deal with Singapore has renewed my faith that Fitbit's devices will be appealing to insurers and employers. Moreover, the valuation of FIT stock, which has a market cap of less than $800 million, ... ( read original story ...)
Singapore’s Evolving Digital Banking Industry: What Digital Banking Licenses Mean For The Country
Singapore has a mature banking sector, like most of the developed countries in the world. Technological advancements have been disrupting many industries, and the banking industry is not exempt from ... ( read original story ...)
Here Are Some Cheap Shares from Singapore’s Stock Market
In a recent article, we saw that there were 100 net-net stocks, as of 16 August 2019. To understand what a net-net stock is, you can click here. Here, let’s explore 20 of those cheapest stocks sorted ... ( read original story ...)
Singapore country head at DBS joins Nets board
Ms Tan, who is group head of institutional banking at DBS, was both a board member and former Net's chairman, Nets said on Tuesday (Aug 20). As DBS Singapore country head, Mr Shee is responsible for ... ( read original story ...)
Bank of Singapore hires head of bespoke investments for Greater China and North Asia
SINGAPORE - Bank of Singapore (BOS), the private banking arm of OCBC Bank, has appointed Mr Kelvin Teo as head of bespoke investments for Greater China and North Asia, amid the rise of ultra high net ... ( read original story ...)
Delistings drag on Singapore’s recovering IPO market
There are about 14 companies undergoing privatisation in 2019. Singapore’s IPO market will remain unsteady in the years ahead as the number of delistings in SGX continue to outnumber the volume of new ... ( read original story ...)
Singapore fintech employment remains strong with minimal talent shortage
Launched at an event organised by the National Trades Union Congress (NTUC) and Institute of Banking and Finance Singapore (IBF), Patrick Tay, assistant secretary-general of the NTUC, revealed that 59 ... ( read original story ...)
Singapore Stock Market May Test Support At 3,100 Points
(RTTNews) - The Singapore stock market has moved lower in consecutive trading days, sinking almost 25 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,115 ... ( read original story ...)
Ardmore Medical puts IPO plans on hold
SINGAPORE - Ardmore Medical Group, which specialises in orthopaedic surgery, aesthetics and pain management, on Monday (Aug 19) said it has decided to put its IPO (initial public offering) plans on ... ( read original story ...)
Singaporean investors find gold in Vietnamese stock market
Singapore-based investors flock to the Vietnamese stock market as the country offers strong growth and safety against global volatilities. In the first half of 2019, investment funds from Singapore ... ( read original story ...)
Singapore Bourse May Bounce Higher On Friday
(RTTNews) - The Singapore stock market headed south again on Thursday, one day after it had ended the two-day losing streak in which it had fallen almost 50 points or 1.6 percent. The Straits ... ( read original story ...)
Bank of Singapore, Hong Kong Monetary Authority issue alert on fraudulent websites
SINGAPORE: Four fraudulent websites using a picture of the Bank of Singapore's CEO Bahren Shaari have no connection to the bank, authorities warned on Friday (Aug 16). The private bank issued an alert ... ( read original story ...)
StanChart eyes $100 billion private bank assets in growth push, to hire bankers
StanChart’s private banking business caters to wealthy individuals across Asia, Africa, the Middle East and Europe, through booking centers in Singapore, Hong Kong, Dubai, India, London and ... ( read original story ...)