Tag: mortgage

Singapore’s central bank chief Ravi Menon warned against the wave of technology that’s is currently disrupting the financial services industry, calling such “another hype” in which he does not fully believe. He said in an interview with Bloomberg ... ( read original story ...)

The head of ‘fintech friendly’ Singapore’s central bank has warned Blockchain and other fintech spheres are suffering from “hype.” In comments to Bloomberg Monday, Ravi Menon said that investors should also be wary of p2p lending platforms and ... ( read original story ...)

As global competition intensifies, it is more important than ever for firms to stand out. Intellectual property (IP)—from brands and trademarks to patents and copyrighted work—is an important means by which local enterprises can set themselves apart ... ( read original story ...)

View of rush hour traffic in Singapore. Singapore’s former master planner Dr Liu Thai Ker said the city-state is a success story in urban planning due in part to strong government support. Speaking to attendees on Tuesday (7 November) at PropertyGuru’s ... ( read original story ...)

OCBC Bank is trialling the use of artificial intelligence (AI) and machine learning tools to improve its ability to accurately identify suspicious activities, specifically, money laundering. The Singapore bank said it ran the software through one year's ... ( read original story ...)

Many of our articles start by pointing out Singaporeans’ love for property investments. While we haven’t done any formal surveys, we think it’s a fact – given a choice – we would all rather own a property than its equivalent value in stocks ... ( read original story ...)

Employees of a bank in the Caribbean were duped into transferring more than $4.4 million of their client's money into a Singapore bank account in 2013. Yesterday, the court heard that staff at RBC Royal Bank (Trinidad and Tobago) made the error because ... ( read original story ...)

“Being new to Singapore, I’m glad that I had easy access to an agreement I could sign with the property agent who was helping me search for a rental property when I first arrived in Singapore. As this was my first time in Asia, I wanted to make sure ... ( read original story ...)

HDB flats near Rochor Canal, which is within walking distance of Rochor station on Downtown Line 2 (DTL 2). A study shows how, as the MRT line opened, the average housing resale prices surged by 2.8 per cent for homes located within 1.5km of a DTL2 station ... ( read original story ...)

Singapore has experienced zero natural disasters ... and it’s not surprising plenty of homeowners don’t expect things to go wrong. But there are potential property financial disasters you probably haven’t thought of before… such as: 1. ( read original story ...)

The 299-unit Citadines property in Raffles Place and the 320-unit Citadines Rochor Singapore are slated to open in 2021 and 2020 respectively. They will be the two largest properties managed by Ascott in Singapore. The latest development more than doubles ... ( read original story ...)

SINGAPORE — A property consultancy has offered its view that private residential developments catering to seniors, akin to the community homes in the United States, may be something that Singapore need. Edmund Tie & Company said in a report on Monday ... ( read original story ...)

Singapore stocks fell on Thursday, dragged lower by lenders such as DBS and OCBC Bank amidst caution ahead of a U.S. tax bill from Republicans later in the day. The plan is said to include $6 trillion in tax cuts over 10 years but is unlikely to define how ... ( read original story ...)

SINGAPORE, Oct 31 (Reuters) - Singapore’s total bank lending in September rose 1 percent from August on the back of higher disbursements to financial institutions, central bank data showed on Tuesday. Loans and advances by domestic banking units in the ... ( read original story ...)

SINGAPORE - Bank loans rose year on year for the 12th straight month in September with the pace of growth picking up on a jump in business lending. Total lending last month rose to S$640.68 billion, up 6.2 per cent compared with S$603.43 billion in ... ( read original story ...)

I was recently invited to speak at the Investors Exchange organised by BIGScribe – a half-day seminar offering retail investors useful investment advice and concepts from successful investors. For the purpose of this piece, I could have chosen the title ... ( read original story ...)