Singapore’s economy grew 3.5 percent in 2017: PM Lee

Singapore's economy grew 3.5 percent in 2017 on the back of improved productivity as well as a pick-up in the global economy, Prime Minister Lee Hsien Loong said on Sunday. Singapore's trade-reliant economy has enjoyed a boost this year from an improvement ... ( read original story ...)

Higher Taxes And Rate Hikes? What’s Ahead for Singapore

Singapore is bracing for possible tax increases and monetary policy tightening in 2018 against a backdrop of steady economic growth and benign inflation. The city state’s economy will probably expand 2.8 percent next year compared with an estimated 3.3 ... ( read original story ...)

The quiet Singaporean’s loud global finance revolution: Gadfly

Y. Pillay, who turned a fledgling fleet into Singapore Airlines Ltd. Menon, a Singaporean civil servant of Malayali extraction, is keeping Lee's dream alive in finance. While Hong Kong is the main money center for China, Indians and Indonesians will keep ... ( read original story ...)

2017 Yearender: Banking on tech with a human touch

Anyone trusting a bank with millions - billions ... The futuristic talk is in keeping with the Government's vision for Singapore as a wealth management hub. In its industry transformation map for financial services launched in late October, the Monetary ... ( read original story ...)

Singapore November bank lending rises 7.1 pct y/y

SINGAPORE, Dec 29 (Reuters) - Singapore’s total bank lending in November rose from a year earlier, on the back of increased lending to financial institutions and a rise in housing and bridging loans. Loans and advances by domestic banking units in the ... ( read original story ...)

Banking on tech with a human touch

Anyone trusting a bank with millions - billions ... The futuristic talk is in keeping with the Government's vision for Singapore as a wealth management hub. In its industry transformation map for financial services launched in late October, the Monetary ... ( read original story ...)

Singapore stocks drift higher as Asia hovers near decade highs

A trader looks at electronic screens on the dealing floor at DBS Bank's new headquarters in Singapore. REUTERS Singapore shares ended higher on Thursday, tracking gains in other Asian equities, with lenders such as DBS Group and Oversea-Chinese Banking ... ( read original story ...)

China bourses behind Asia’s lead in global IPO boom

About 22 companies have left the Singapore Exchange this year, outpacing the number of IPO deals it hosted. That includes home-grown logistics company CWT, privatized by acquisitive Chinese conglomerate HNA Group. Massage chair maker OSIM International ... ( read original story ...)

Mainland bourses behind Asia’s lead in global IPO boom

About 22 companies have left the Singapore Exchange this year, outpacing the number of IPO deals it hosted. That includes home-grown logistics company CWT, privatized by acquisitive Chinese conglomerate HNA Group. Massage chair maker OSIM International ... ( read original story ...)

Losses May Accelerate For Singapore Stock Market

The Singapore stock market headed south again on Tuesday, one session after it had ended the five-day losing streak in which it had surrendered almost 90 points or 2.6 percent. The Straits Times Index now rests just beneath the 3,380-point plateau and it ... ( read original story ...)

Singapore’s P2P Lending Platforms and Industry: an Overview

Singapore was ranked the sixth largest market in APAC with a total of US$163.75 million raised in 2016. Southeast Asia’s total alternative finance market reached a record of US$215.94 million in 2016, a 362% growth compared with 2015’s market size of ... ( read original story ...)