The local stock market, as represented by the Straits Times Index (SGX: ^STI), ended last month unchanged at 3,212.9. There were 16 index components which beat the index; three were flat while the ... ( read original story ...)
Singapore bank loans grew 3.3% in February
However, consumer loans grew at the slowest pace since at least 2005. Singapore bank loans picked up pace after growing 3.3% YoY and 0.2% MoM in February from 3.2% in the previous month as gains from ... ( read original story ...)
Singaporeans get super-triggered after finance minister alleges country is not ready for non-Chinese PM
Many Singaporeans got triggered over the weekend after Singapore finance minister Heng Swee Keat made comments reported by local media that the country was not ready for a non-Chinese prime minister ... ( read original story ...)
Singapore investment banking fees down 24.8% to $234.26m in Q1
Advisory fees from M&As plunged 63.6% even as deal numbers rose. Singapore investment banking fees crashed 24.8% YoY to S$234.26m (US$172.8m) in Q1, according to data from Refinitiv. Investment ... ( read original story ...)
Rare Singapore Protest Flags Investor Anger in Hyflux Slump
(Bloomberg) -- A rare public protest in Singapore on Saturday underscored mounting anger among investors set to suffer sharp losses in one of the country’s highest-profile corporate debt ... ( read original story ...)
Overview Of The Fund Finance Market In Singapore.
Jean Woo and Shen Mei Bolton cover legal trends and developments in the Singapore fund finance market. This article was originally published in the Singapore chapter of Fund Finance 2019, the leading ... ( read original story ...)
Investment banking fees fall a quarter to US$173 mil in 1Q: Refinitiv
SINGAPORE (Mar 28): Singapore investment banking activities generated US$172.8 million ($234 million) in fees in the first quarter ended Wednesday, which was 24.8% lower compared to a year ago. This ... ( read original story ...)
OCBC forms ethics committee, first such by a Singapore bank
It provides oversight of policies, guidelines and programmes that support a strong and responsible organisation culture firmly founded on its core values and the spirit of long-term thinking, the bank ... ( read original story ...)
Singapore Backs Lab-Grown Meat, Robots in $535 Million Push
(Bloomberg) -- Singapore will allocate S$724 million ($535 million) under a current plan to transform its economy into one that relies more on fields such as research and on companies that create new ... ( read original story ...)
FEHT’s full-year DPU rebounds for first time since IPO as Sentosa hotels open
The negative demand-supply metrics that have affected FEHT’s performance since its IPO appear to be over for now. To recap: As soon as FEHT was listed, the supply of hotel rooms in Singapore ballooned ... ( read original story ...)
Complete Guide To Opening A Bank Account In Singapore For Foreigners
As a foreigner who just arrived in Singapore to work, study or live, opening a local bank account should be one of your first things to check off your to-do list. As a foreigner who just arrived in ... ( read original story ...)
OCBC still bullish on banking stocks after a lacklustre FY18
SINGAPORE (Mar 26): OCBC Investment Research remains bullish on Singapore’s banking space while keeping its sector “overweight” with “buy” calls on both DBS and UOB, which have been given fair value ... ( read original story ...)
Veteran banker Richard Hu to head Greater China for OCBC’s Bank of Singapore
SINGAPORE - Bank of Singapore (BOS), a private banking subsidiary of OCBC Bank, has hired veteran banker Richard Hu as its market head for the Greater China region, which includes China, Taiwan and ... ( read original story ...)
Veteran banker Richard Hu to head Greater China team at OCBC’s Bank of Singapore
SINGAPORE - Bank of Singapore (BOS), a private banking subsidiary of OCBC Bank, has hired veteran banker Richard Hu as its market head for Greater China. Mr Hu - who is joining the Greater China team ... ( read original story ...)
Singapore’s core inflation rate hits nine-month low as central bank decision looms
SINGAPORE (Reuters) - Singapore's core inflation rate eased to a nine-month low in February, reinforcing expectations that the central bank will keep monetary policy unchanged when it meets next ... ( read original story ...)
OCBC’s Bank of Singapore hires veteran banker as market head for Greater China
BOS also noted that following research by data company Wealth-X, China has the second-largest high net worth individual population in the world in 2018, with close to 1.9 million individuals. It also ... ( read original story ...)