SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (May 16): Frasers Property: Frasers Property, Singapore's sovereign wealth fund GIC, and co-working space provider JustCo are jointly investing US ... ( read original story ...)
This Singapore bank is best-placed to cash in on the property boom
It has the greatest percentage share exposure to housing loans at 27.6%. UOB may be in the best position to take advantage of the recent pickup in the residential property market, according to RHB Research, as it has the greatest percentage share exposure ... ( read original story ...)
Meet the man whose website is revolutionising Singapore’s ‘inefficient’ property market
Singapore’s real estate market was a vexing obstacle to navigate until Darius Cheung, CEO and co-founder of the country’s homegrown housing website 99.co, helped transform the market with a user-focused approach to home hunting 99.co co-founder and CEO ... ( read original story ...)
Shophouses’ rising yields lure Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Shophouses’ rising yields are luring Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Property: What to know if you are buying your first property as investment
Unfortunately, property prices are in a slump at the time ... Wrong. The rate of inflation in Singapore is around three per cent per annum, and your investment has not kept up with that. And this is after you’ve put up with various inconveniences ... ( read original story ...)
Daily Briefing: Singaporean e-commerce firm Carousell secures US$85m funding; DBS FHR-9 home loan rates to hike
Singapore may be called a boring city by the international ... If Sibor rises, the market interest rates rises, hence the bank will need to pay their fixed depositors higher interest rate. DBS FHR-9 is based on the 9-month fixed deposit rate. ( read original story ...)
OCBC Bank Launches Digital Transformation Programme For 29,000 Employees
With an investment of $20 million to train and develop the digital skills of all 29,000 employees of the OCBC Group globally, the OCBC Future Smart Programme is the largest-scale and most ambitious digital transformation initiative by a Singapore bank. ( read original story ...)
DBS FHR Home Loan – The Fixed Deposit Home Rate and Why It’s So Different From Other Home Loans
Just because it’s not “actively enforced”, doesn’t make sex between consenting male adults any less of a crime in Singapore, in the eyes of the law. Variable rates are the Section 377A of home loans. Just because the bank says that the board rates ... ( read original story ...)
Is It a Good Time to Buy Bank Stocks Now?
Favourable macro-economic conditions have led to growth in almost every business segment of the three main banks in Singapore, which are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corp Limited (SGX: O39), and United Overseas Bank Ltd (SGX ... ( read original story ...)
Bank of Singapore’s Nicholson Sees 10-Year Between 2.80-3.20%
May.09 -- Bank of Singapore Head of Fixed Income Discretionary Portfolio Management Gareth Nicholson discusses Mahathir Mohamad's victory in Malaysia’s election, and talks about emerging markets and bonds. He speaks on "Bloomberg Markets." ( read original story ...)
OCBC Bank to spend $20 million on digital upskilling programme
Singapore's OCBC Bank is to spend $20 million on a workforce digital transformation programme designed to equip its 29,000 staff with the skills required to stay relevant in a technologically-driven banking culture. The bank says that the 'Future Smart ... ( read original story ...)
Is it worth buying bank stocks despite higher prices?
Favourable macroeconomic conditions have led to growth in almost every business segment of the three main banks in Singapore, which are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corp Limited (SGX: O39), and United Overseas Bank Ltd (SGX ... ( read original story ...)
First Singaporean bank to debut in Việt Nam
HÀ NỘI – Singapore-based United Overseas Bank (UOB) will open its first branch in Việt Nam on July 2. It is the ninth wholly foreign-owned bank and first Singaporean bank in the country. UOB Vietnam has a charter capital of VNĐ3 trillion (US$131.3 ... ( read original story ...)
Malaysia’s election could be a tipping point for Chinese property investors
Malaysia’s general election on Wednesday, which has highlighted political uncertainty in the country, may crimp the confidence of Chinese investors, sparking an investor flight towards Singapore property, at least in the short term, analysts said. ( read original story ...)
Singapore’s old shophouses a promising haven for investment
Amazon.com, for example, brought its Prime delivery service to Singapore last year ... Houses are undoubtedly safer bets. Residential property prices are on the mend after a government-engineered cooling. That, and an expensive Hong Kong home market ... ( read original story ...)