Knowing how cheap the stock market currently is can help us to simplify our investing decision. There are two methods to find out if Singapore stocks are a steal or are in an overheated territory right now. The first method is to compare the market’s ... ( read original story ...)
Top Indonesian bank eyes $50bn assets stashed in Singapore
JAKARTA -- A commodities rebound, record profits and cozy ties with the government is not stopping Kartika Wirjoatmodjo, the chief of Indonesia's largest bank by assets, from hunting for new customers. His latest target is: rich Indonesians who have their ... ( read original story ...)
Singapore Stocks Expected To Rebound On Thursday
(RTTNews.com) - The Singapore stock market on Wednesday ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,400-point plateau although it may find renewed support on ... ( read original story ...)
Singapore Technologies Engineering Ltd’s Stock Is Near A 52-Week Low Now: Is It Actually Cheap?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). ST Engineering currently has a PB ... ( read original story ...)
Singapore shares open higher on Thursday; STI up 0.5%
which was up 2 per cent, or 25 Singapore cents to S$12.51; and UOB which was up 0.5 per cent or 14 Singapore cents to S$26.38. The Singapore stock market will close early at noon on Thursday for the Lunar New Year holiday. ( read original story ...)
Summit Power to launch Singapore IPO
Summit Power is planning to launch its Singapore IPO next month as it looks to become the first Bangladeshi company to list overseas, according to people with knowledge of the transaction. The subsidiary of Bangladesh's Summit Group plans to start ... ( read original story ...)
Singapore Stock Market May Extend Monday’s Gains
(RTTNews) - The Singapore stock market has climbed higher in two of three trading days since the end of the four-day losing streak in which it had surrendered more than 150 points or 4.5 percent. The Straits Times Index now rests just beneath the 3,385 ... ( read original story ...)
Banking veteran believes in speakING up
Ms Low, who is ING Bank's Singapore country manager, is one of the more prominent female banking leaders here. During an hour-long interview at the ING Bank office at Guoco Tower, she spoke passionately about the importance of voicing one's opinions. ( read original story ...)
DBS completes acquisition of ANZ’s wealth management & retail banking business in five markets
... announced that it has successfully completed the acquisition of ANZ’s wealth management and retail banking business in five markets in Singapore, Hong Kong, Mainland China, Taiwan and Indonesia. The latest migration was successfully conducted in ... ( read original story ...)
Rising interest rates to push banking into golden age
Better economic sentiments in the US cause banks' interest rates to slowly rise. The banking sector has experienced a mixed decade. The financial crisis caused severe pain and distress for a wide range of investors. Some institutions went under ... ( read original story ...)
DBS SME banking establishes retail F&B coverage team
This is a two-fold increase over the last five years. The overseas expansion is driven by limited growth opportunities in Singapore for F&B companies. Joyce Tee, DBS Group head of SME banking, says: “Even though Singaporeans eat well and dine out ... ( read original story ...)
Hong Kong – Open Banking Developments
In this bulletin, we discuss the HKMA initiative as well as the initiatives in Singapore and Australia relating to Open Banking. 1. Hong Kong’s new era: HKMA issues consultation paper on Open Banking The HKMA announced the launch of a “New Era of Smart ... ( read original story ...)
DBS Bank crowned king at Marketing’s 2018 Mob-Ex Awards
Taking home all the glory this year is DBS Bank, which stood proud as this year’s overall winner for ‘Best in Show – Brand’ at the sixth edition of Mob-Ex Awards. The reigning champion stole the show at InterContinental Hotel Singapore as it ... ( read original story ...)
Singapore May Start Taxing Amazon and Lazada
senior minister of state for law and finance, said in November. Read More: Singapore Has More Tax Options Than a GST Hike in 2018 Budget Rajah said in a radio interview last week that the government was still studying the e-commerce tax and it’s ... ( read original story ...)
Regional IPO market to accelerate in 2018, says SGX
KUALA LUMPUR: Ample liquidity, high valuation levels and a renewed appetite for cross-border listings are brightening the horizon for the regional initial public offering (IPO) market this year amid a pickup in global listings, according to Singapore ... ( read original story ...)
Excitement over Singapore-Malaysia market connect
Against this shared history and the bilateral chemistry between both countries that is at its best now, the plan to allow mutual market access under a "Malaysia-Singapore Connect" would not only seem logical, but also natural. The stock trading link ... ( read original story ...)