Singapore’s total loans and advances including bills financing of Domestic Banking Units grew 5.36% year-on-year to a predicted 661.6 billion Singapore dollars (about US$500 billion) in March, according to data released by the Monetary Authority of ... ( read original story ...)
PM Lee’s May Day Speech: 3 Important Trends That Workers In The Banking Sector Should Know About
In his speech, PM Lee addressed challenges awaiting workers in Singapore. He also highlighted three examples of sectors which are transforming; transport, retail and logistics and banking. Being a financial media site, we were intrigued by what PM Lee ... ( read original story ...)
Singapore bank lending up 5.4% in March
Thanks to sustained demand for home and corporate loans. Bank lending in Singapore rose 5.4% YoY in March as sustained demand for home and corporate loans kept credit levels stable, according to data from the Monetary Authority of Singapore. Loans ... ( read original story ...)
CEO of Southeast Asia’s largest bank talks about what’s next after record quarter
Singapore-listed DBS, Southeast Asia's largest bank, reported a 26 percent year-on-year rise in first-quarter net profit to 1.52 billion Singapore dollars ($1.15 billion). Lending profitability is likely to improve further as interest rates in Asia move ... ( read original story ...)
Singapore’s bank lending rises 1.6 pct on-month in March
SINGAPORE, April 30 (Reuters) - Singapore’s total bank lending rose 1.6 percent in March from a month earlier as lending to financial institutions increased, central bank data showed on Monday. Loans and advances by domestic banking units in the city ... ( read original story ...)
Additional Support Expected For Singapore Stock Market
Ahead of Tuesday's Labor Day holiday, the Singapore stock market had bounced higher in consecutive trading days, collecting almost 45 points or 1.3 percent in that span. The Straits Times Index now rests just shy of the 3,610-point plateau, and it may ... ( read original story ...)
Is Singapore Exchange Limited (SGX:S68) A Great Dividend Stock?
... is high for Capital Markets stocks but still below the market’s top dividend payers. With these dividend metrics in mind, I definitely rank Singapore Exchange as a strong income stock, and is worth further research for anyone who considers dividends ... ( read original story ...)
Singapore PM says good chance economic growth will top 2.5 percent in 2018
SINGAPORE (Reuters) - Singapore Prime Minister Lee Hsien Loong said on Tuesday the country's economic growth for the year should exceed 2.5 percent "if all goes well", but brewing global trade tensions were clouding the outlook. The world's major economies ... ( read original story ...)
Stock, forex, commodity markets shut on account of Maharashtra Day
Globally, a host of stock markets including China, South Korea, Singapore, Hong Kong Italy ... is helping the domestic stock market inch higher. Sensex on Monday reclaimed the 35,000 mark and the Nifty revisited 10,700 for the first time in three months ... ( read original story ...)
ASIA MARKETS: Financial Stocks Lead Asian Market Gains
Asia-Pacific stocks started the week higher, led by financial stocks in Hong Kong and Singapore as markets in China and Japan ... said Greg McKenna, chief market strategist at FX provider AxiTrader. On the data front, China's official manufacturing ... ( read original story ...)
Singapore IPOs hit by trade tensions
Bangladesh firm Summit Power International Ltd. shelved its share sale that was targeting US$260m whilst Malaysian clinic operator Qualitas Medical Ltd. delayed the pricing of its $100m IPO. “There is a correlation between volatility and IPO pricing. ( read original story ...)
Indian green energy firms eye stock market listings: S ources
MUMBAI: Two Indian renewable energy firms are set to unveil stock market listing plans in the coming weeks ... Abu Dhabi Investment Authority, Singapore's GIC and Macquarie Capital. The listings will help investors gauge market interest and set a bar ... ( read original story ...)
Recruiters pinpoint the 12 most hotly sought-after jobs in Asian banking
The job market has been fairly buoyant in Hong Kong and Singapore since Chinese New Year – and the post-bonus hiring boom still has some life left in it. But which particular Asian banking jobs are most in demand during the current busy season for new ... ( read original story ...)
Best companies to work for in Singapore 2018 (& Tips on how to identify a good workplace)
The ratings are based on employee’s reviews. Singapore financial sector is filled with both local and international companies, all offering different types of jobs right from banking, finance, and accounting. OCBC has emerged as one of the most sought ... ( read original story ...)
Firm Lead Called For Singapore Stock Market
The Singapore stock market bounced barely higher again on Thursday - one session after it had halted the two-day winning streak in which it had advanced almost a dozen points or 0.3 percent. The Straits Times index now rests just above the 3,570-point ... ( read original story ...)
Singapore, Vietnam form fintech innovation partnership
The Monetary Authority of Singapore (MAS) has agreed to create a new partnership with the State Bank of Viet Nam (SBV) to facilitate financial innovation and banking supervision. MAS and SBC have entered into a memorandum of understanding (MoU) to work on ... ( read original story ...)