Bank of Thailand governor says accommodative policy needed

SINGAPORE: Thailand’s monetary policy should remain accommodative to nurture the economic recovery and as inflationary pressure remains weak, central bank Governor Veerathai Santiprabhob said. Thailand is still in the “early stage of a recovery of ... ( read original story ...)

UN’s top court to hear Malaysia vs Singapore island row

After years of failed negotiations, the parties turned to ICJ, which in 2008 ruled the island belonged to Singapore. Another rocky outcrop called Middle Rocks was found to belong to Malaysia, while a low-tide bank called South Ledge was deemed to be in ... ( read original story ...)

Venture boss trumps bank CEOs with $12m pay cheque

Chairman and chief executive Wong Ngit Liong's remuneration package - not counting share-based payments - easily trumped the $5.5 million he reaped in 2016 and comfortably eclipsed what Singapore's ... while United Overseas Bank CEO Wee Ee Cheong saw ... ( read original story ...)

5 Things To Know Before Buying a Second Property In Singapore

For a start, here are 5 things you need to cover before you buy your second property in Singapore: 1) Your eligibility to buy ... taken from HDB or banks to purchase HDB flats, the monthly mortgage repayment instalment cannot exceed 30% of a borrower ... ( read original story ...)

Why Singapore’s Central Bank Has No Key Rate

Singapore monetary policy can sound a little back-to-front. While for most countries tighter policy equates to higher borrowing costs, it’s not necessarily the case for the Asian city-state, where interest rates can rise when the central bank is ... ( read original story ...)