Economists are split on whether the Monetary Authority of Singapore will change its policy stance in April amid subdued inflation pressure. Four of seven economists see the central bank shifting to a tightening stance next month, according to a Bloomberg ... ( read original story ...)
Singapore stock market issuance starts strong this year
Companies in Singapore have recorded their strongest start in raising funds this year via the equity capital markets (ECM) since 2013. Firms have so far raised USD816.9m through the ECM for the year-to-date, data from Thomson Reuters showed on Friday 16 March. ( read original story ...)
Bank of Singapore to enhance family business segment
Bank of Singapore, the private bank of Oversea-Chinese Banking Corporation, is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors. “We are seeing increasing demand for families moving into the ... ( read original story ...)
Singapore has strong short-term momentum and is future-proof: JLL
Singapore was one of two cities that scored high in terms of short-term socio-economic and commercial real estate momentum, and future-proofing attributes, according to JLL Global Research’s City Momentum Index 2018. The other city was Seattle. Singapore ... ( read original story ...)
Analysis: Singapore’s ‘en-bloc’ redevelopment fever may be cooling
SINGAPORE (Reuters) - Singaporean engineer Andy Goh has stopped saying hello to some neighbours in his condominium. The mood in the 596-apartment Cashew Heights complex is "tense and stressed" after an initiative late last year to offer it for collective ... ( read original story ...)
Automation is threatening Singapore finance jobs. Here’s how to fight back
Technology is putting traditional finance jobs in Singapore at risk. Here’s how to stay employed. https://news.efinancialcareers.com/sg-en/310738/smu-master-of-science-in-accounting-data-and-analytics-sc/ Accountants have never been more sought after in ... ( read original story ...)
Singapore-based firms raised US$816.9b from equity capital
IPO proceeds soared 479.8% to US$344.4m and bolstered ECM activity. Singapore-based companies raised US$816.9b from equity capital markets (ECM) YTD, marking a 32.7% increase YoY and the strongest start to a year since 2013, Thomson Reuters revealed. ( read original story ...)
Singapore’s banking sector HR leaders comment on new guidelines
On 16 March, we shared news of the new advisory on good HR practices for banks in Singapore, released by the tripartite partners. Among the major points, the advisory calls on banks to work towards redeploying and reskilling their workforce, and better ... ( read original story ...)
Bank of Singapore Seeks to Expand Its Family Office Business
Bank of Singapore, the private bank of Oversea-Chinese Banking Corp., is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors. “We are seeing increasing demand for families moving into the next ... ( read original story ...)
Seven job-seeker mistakes that Asian banking recruiters really hate
Are you dealing with a banking recruiter in HK or Singapore? Avoid doing all of these things if you actually want to find a job. https://news.efinancialcareers.com/sg-en/309905/asian-bankers-stuck-in-the-back-office/ If you’re looking for a banking job ... ( read original story ...)
Singapore bank DBS urged to stop financing coal-fired power projects in Vietnam
A view of Vinh Tan thermo-power plant in Binh Thuan Province. CHANGE, an environmental protection advocacy organization, has called for Singapore bank DBS to suspend funding coal-fired power projects in Vietnam - PHOTO: THANH HOA The organization told the ... ( read original story ...)
VP Bank Names Private Bank Head Singapore
Liechtenstein-based VP Bank Group named an industry veteran head of private banking at its Singapore business. The banker joins from a local rival. Pun joins from Standard Chartered private bank in Singapore where her last role was managing director and ... ( read original story ...)
Real Risk of ‘Devastating’ Trade War: Singapore Central Bank Chief
SINGAPORE (Reuters) - Singapore's central bank chief said on Thursday that there is now a real risk of a trade war that could deal a devastating blow to the global economy. U.S. President Donald Trump has recently imposed tariffs on steel and aluminum ... ( read original story ...)
Singapore and Lithuania agree fintech collaboration deal
The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement ... ( read original story ...)
Yes Bank launches a digitised trade finance solution
The initiative aims to bring over one lakh trade transactions going entirely digital, across major geographies including China, US, Singapore, Germany and Hong Kong. BENGALURU: Private sector lender Yes Bank has launched a robotics based ‘Digital export ... ( read original story ...)
Singapore firms supplied North Korea’s top brass with luxury goods: UN report
a North Korean bank the US put on its sanctions list in 2017 OCN’s headquarters in Singapore However, the two companies denied any wrongdoing to the UN. T Specialist testified that the funds did not come from North Korea but from a company registered in ... ( read original story ...)