India’s foreign reserves at record high: DBS

SINGAPORE: India's foreign reserves continue to march to record highs, touching USD 393 billion early this month backed by strong foreign portfolio and investment flows, according to Development Bank of Singapore (DBS). "Strong year-to-date foreign ... ( read original story ...)

Singapore Property Awaits Its Sail Moment

Almost exactly 13 years ago, Kwek Leng Beng, the billionaire chairman of City Developments Ltd., then Singapore's biggest builder by market value, did something outlandish. Together with partner AIG Global Real Estate, he launched Sail@MarinaBay, an ... ( read original story ...)

Five luxury property markets set to rise in 2017

This is according to international property consultant Knight Frank, which has listed Shanghai, Sydney, Singapore, Monaco and Dubai as the top destinations for luxury property investment for the super-rich. Knight Frank’s Prime International Residential ... ( read original story ...)

Singapore to host global housing forum

Singapore is set to host the International Housing Forum (IHF 2017), where about 400 professionals and policy makers from around the world will meet together to share ideas and good practices on planning and providing homes. To be held at HDB Hub on 7-8 ... ( read original story ...)

Private banks EFG, VP Bank to raise headcount in Singapore

SINGAPORE: Lichtenstein-based VP Bank and Zurich-based EFG are planning to hire more staff in Singapore. Private bank VP Bank, which has been in Singapore since 2008, currently employs about 40 staff here and told Channel NewsAsia that it aims to double ... ( read original story ...)

KKH launches Singapore’s first human milk bank

SINGAPORE — Premature and very sick babies here whose mothers cannot produce enough milk will be able to safely draw from Singapore’s first human milk bank, which was launched on Thursday (Aug 17). The three-year pilot programme will first benefit ... ( read original story ...)

Singapore surpasses Hong Kong in liveability ranking

For the first time, Singapore has surpassed Hong Kong in the annual global liveability ranking by the Economist Intelligence Unit (EIU), as it snagged its highest-ever ranking at 35th place, reported Channel News Asia. The survey attributed Singapore’s ... ( read original story ...)

Singapore launches first human milk bank

SINGAPORE — Mothers who do not have enough breast milk to feed their premature or sick infants will now be able to draw on Singapore’s first human milk bank – launched on Thursday (Aug 17) as part of a new three-year pilot between KK Women’s and ... ( read original story ...)

Singapore bank stocks battered by more O&M bad news

SINGAPORE: Singapore banks’ exposure to the oil and gas sector is back in the spotlight after the surprise suspension of Ezion Holdings and heavy quarterly losses – totalling almost S$1 billion – suffered by Nam Cheong and Marco Polo Marine. ( read original story ...)

Singapore stocks fall 1% as lenders drag

Singapore shares fell for a second session on Wednesday, dragged lower by lenders such as DBS Group and United Overseas Bank. At 0513 GMT, the Straits Times Index lost 1 percent or 34 points to 3,261. It ended 0.42 percent lower on Tuesday, taking the year ... ( read original story ...)

Meet two expanding banks that might now recruit you in Singapore

Private bankers in Singapore have yet more potential employment options to consider after Indonesia’s Bank Mandiri and Liechtenstein’s VP Bank announced expansion plans in the Republic. But both firms will need to work hard to convince relationship ... ( read original story ...)

Hong Kong’s Property Shadow Leaves Singapore Developers Ahead

Hong Kong’s property stocks are cheaper than Singapore’s, although not cheap enough to account for the risk that the world’s least affordable city could have a housing crash. That’s according to analysts and money managers from Nomura Holdings Inc ... ( read original story ...)

Bank Negara hits out at SGX and ICE

PETALING JAYA: Bank Negara has hit out at the Singapore Stock Exchange (SGX) and the Intercontinental Exchange (ICE) in Singapore after the bourses introduced the trading of ringgit futures on their exchanges that went against the country’s policies. ( read original story ...)

Is it a good time to buy property in Singapore?

Briton Anthony Couse moved to Singapore from Shanghai in April last year following his appointment as JLL CEO of Asia Pacific. “I’m your perfect example of a foreigner,” says the 51-year-old. “I’d love to buy a home in Singapore because I think ... ( read original story ...)