SINGAPORE - The transfer of US$1.4 billion (S$1.9 billion) of private bank client assets from the English Channel isle of Guernsey to Singapore before new tax transparency rules were introduced has come under the scrutiny of the Monetary Authority of ... ( read original story ...)
Heng Swee Keat to attend G-20 finance ministers, central bank governors meeting in Washington
SINGAPORE - Finance Minister Heng Swee Keat will be in Washington, DC, from Oct 11 to 13 to attend a meeting of Group of 20 (G-20) finance ministers and central bank governors. He will also attend the annual meetings of the World Bank Group and ... ( read original story ...)
Diamonds: A Singapore Bourse Calls Them Portfolio Must-Have
When it comes to havens, investors usually think of gold or Treasuries. Now an exchange in Singapore is starting to trade a credit card-sized package of diamonds for those seeking a shelter from global risks. While bullion trades in standard weights and ... ( read original story ...)
Owner of Garena gaming platform seeks up to $950m from IPO
South-east Asia's most valuable start-up Sea - known for its Garena gaming and shopping platform - aims to raise as much as US$696 million (S$949.6 million) in its United States initial public offering (IPO). The Singapore-based company, formerly called ... ( read original story ...)
Singapore aims to rival London and New York in debt restructuring
[cat_name] => Finance and Insurance [category_nicename] => finance-and-insurance [category_parent] => 54 ) ) Singapore authorities are trying to position the Southeast Asian republic as a debt restructuring centre on a par with London and New York ... ( read original story ...)
Amazon Faces Challenge From Malls, Alibaba in Singapore
As Amazon.com Inc. pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago. Delivery delays ... ( read original story ...)
OCBC, StarHub ink first bank-telco deal in Singapore
Finance Goliath OCBC Bank and telco giant StarHub announced that they will be investing S$6 million over the next year to establish partnerships in several industries and to boost better services and offerings for their customers. Marking the formation of ... ( read original story ...)
Renewed interest in Careers in Banking & Financial Services Among Local Millennials
Banking & Financial Services ... Managing Director of CareerBuilder Singapore. Other survey findings include: Prominent scholarship providers such as the Public Service Commission, the National University of Singapore and Nanyang Technology remains ... ( read original story ...)
OCBC Bank, StarHub form strategic partnership for tie-ups across multiple industries
SINGAPORE - OCBC Bank and infocommunications firm StarHub are investing S$6 million over 12 months "to build networks of partnerships across multiple industries and give customers better services, experiences and offers". OCBC group chief executive Samuel ... ( read original story ...)
StarHub, OCBC Bank invest $4.4M to link industries
Singapore’s second largest mobile operator StarHub and OCBC Bank formed a strategic alliance to drive the country’s collaborative economy, with plans to invest SGD6 million ($4.4 million) over 12 months to build networks of partnerships across multiple ... ( read original story ...)
Singapore stocks pause after logging best week in nine months
Singapore stocks edged lower on Monday as investors took a ... It ended 0.9 percent higher on Friday, taking the year-to-date performance to about 14 percent. United Overseas Bank gained 1.5 percent, Overseas-Chinese Banking Corp gained 0.1 percent and ... ( read original story ...)
Keppel acquires 50% stake in manager of upcoming US IPO
Keppel Corporation Limited acquired 50% of Keppel-KBS US REIT Management Pte Ltd (Keppel-KBS US REIT Manager), the manager of the pending initial public offering (IPO) of Keppel-KBS US REIT in the Singapore Exchange (SGX). According to a press release ... ( read original story ...)
Garena Gaming Platform Owner Aims to Raise $696 Million in IPO
The Singapore-based company, formerly called Garena, is marketing 49.7 million American depositary shares for $12 to $14 apiece, according to a regulatory filing Friday. Sea was founded by Chinese-born entrepreneur Forrest Li, now a Singapore citizen ... ( read original story ...)
Mandarin Orchard Singapore Named Best City Hotel in Singapore at the 28th Annual TTG Travel Awards
SINGAPORE, Oct. 9, 2017 /PRNewswire/ -- Meritus Hotels & Resorts' flagship Mandarin Orchard Singapore emerged "Best City Hotel -- Singapore" under the Travel Supplier category at the recently concluded 28 th Annual TTG Travel Awards 2017. Organised by TTG ... ( read original story ...)
November 2017 Singapore Savings Bonds is 2.07%
Different people will have different reasons for buying Singapore Savings Bonds. As the current stock market is expensive and most REITs are yielding 6% or less, I find it non attractive to buy into the stock market right now. As such, I have treated the ... ( read original story ...)
Banking sector must contribute to environmental protection: WWF
“Sustainable banking in ASEAN: addressing ASEAN’s forests, landscapes, climate, water and societies (FLAWS)” by the WWF and the National University of Singapore’s Business School’s Centre for Governance, Institutions and Organisations ... ( read original story ...)