Bank of Singapore, the private banking arm of OCBC Bank, has hit US$100 billion in assets under management (AUM) two years ahead of schedule, but is wary of market conditions that may temper growth in the years ahead, its top executive has said. Aiming to ... ( read original story ...)
OCBC’s Next Digital Play: Instant Bank Account Opening
OCBC Bank claims to be the first Singapore bank to roll out a digital instant account-opening service for all customers who are Singaporeans or permanent residents. Even if you do not currently have any relationship with OCBC Bank, you can leverage ... ( read original story ...)
Research: Millennials dominate mortgage broker market
Story Continues Commenting on the research by Roy Morgan, chief mortgage consultant at icompareloan.com said that in the context of Singapore, most wealthy people want to use mortgage brokers as they see the value in engaging them. The chief mortgage ... ( read original story ...)
Singapore bank lending up 0.8% in April
SINGAPORE - Bank lending in Singapore rose 0.8 per cent in April from a month ago, preliminary data from the Monetary Authority of Singapore showed on Thursday (May 31). Loans through the domestic banking unit - which captures lending in all currencies ... ( read original story ...)
Singapore bank lending rises
Lending activity made by banks in Singapore increased 0.8% in April from a month ago, according to preliminary data from the Monetary Authority of Singapore. As of April, loans made through the domestic banking unit, which includes lending in all ... ( read original story ...)
Singapore: United Overseas Bank Ltd (UOBH:SI) Long Term Bullish Outlook
Overall, the bias in prices is: Downwards. The projected upper bound is: 29.26. The projected lower bound is: 27.03. The projected closing price is: 28.14. A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. ( read original story ...)
Singapore’s Top Property Broker Is Preparing to Launch IPO
PropNex Realty Pte, Singapore’s biggest property broker, plans to seek about S$40 million ($30 million) from a proposed Singapore initial public offering, people with knowledge of the matter said. The company is targeting a market capitalization of as ... ( read original story ...)
Calculate rental yield in Singapore: a quick and simple guide
To simplify matters, here’s the most basic method to calculate net rental yield — something you must understand before you invest in any property in Singapore: To calculate rental yield, first know your probable rental income. Say you’re looking to ... ( read original story ...)
Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain
The Mitsubishi Group has successfully completed a pilot sending money from Thailand to Singapore using Thai Krungsri bank’s blockchain tech. The pilot, conducted in the Bank of Thailand’s (BOT) regulatory sandbox, was executed by Japan’s Mitsubishi ... ( read original story ...)
8 countries show the impact of HSR on property prices
Now that Malaysian Prime Minister Mahathir Mohamad has confirmed it would pull out of the KL-Singapore High-Speed Rail (HSR) project, it’s likely that homeowners and property buyers the Jurong region might be feeling what Spiderman felt at the end of ... ( read original story ...)
How are Singaporeans using their first property as an 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 for ... ( read original story ...)
Frasers Property acquires owner of new logistics warehouse in Netherlands for €25m
SINGAPORE - Frasers Property on Friday (May 25) said it has acquired a new freehold logistics warehouse in the Netherlands. Its indirect subsidiary Frasers Property Investments (Europe) BV entered into a sale and purchase agreement with Acacia BV and ... ( read original story ...)
Why Donald Trump should come to Singapore anyway
It seemed that, like the property market here, what hothead Kim needed wasn’t dialogue but some serious cooling measures. In Singapore, particularly in Mandarin Gardens, we know how hard it is to pull off something successfully. There’s this thing ... ( read original story ...)
HSR demise could hit Jurong property prices, say reports
Singapore's Urban Redevelopment Authority masterplan was supposed ... All these developments would also have pushed up property prices in Jurong. The island republic's media is also quite gloomy with the latest Malaysian decision over the project. ( read original story ...)
Singapore to feel loss of HSR project
The absence of the rail connection will make the district less attractive to businesses as well as Malaysians who could have used the HSR to commute into Singapore to work, said International Property Advisor chief executive Ku Swee Yong said. "The ... ( read original story ...)
Of desi food, clubs and cricket in Singapore’s ‘Little India’
The current president of the club is an Indian, Sher Baljit Singh, who runs his own successful property business. The Singapore Cricket Club, which was established in 1852 Recently I was in Singapore for a day-long visit and came to know much about the ... ( read original story ...)