United Overseas Bank U11.SG 1.3888888888888888% United Overseas Bank Ltd ... Management believes the Fed rate hike impact pass through would lag Singapore Interbank Offered Rate (SIBOR) movements, hence expectations of a later rise in net interest margin ... ( read original story ...)
Goods and Services Tax ( GST Bill)India Explained http://dougleschan.com/the-recruitment-guru/jobsbank-singapore/jobs-bank-singapore-a-total-flop/
A comprehensive presentation on Goods and Services Tax ( GST ) by GreyMatBay. History of GST, its relevance, Impact on Economy, calculation of tax under GST, applicable tax rates, Main provisions of GST, how GST can complement economic growth, its synergy ... ( read original story ...)
DBS launches Hack2Hire to recruit 100 techies for H'bad hub
Singapore's largest bank DBS today said it is planning to hire 100 skilled professionals, in emerging and disruptive technologies across cloud, machine learning and Big Data, for its Hyderabad hub. DBS has launched the recruitment drive 'DBS Hack2Hire' and ... ( read original story ...)
United Overseas Bank : Plan to Issue S$750 Million 3.50% Notes Due 2029
SINGAPORE--United Overseas Bank Ltd. (U11.SG) said Tuesday it plans to issue 750 million Singapore dollars (US$528 million) of subordinated notes due for maturity in 2029. The issuance will be part of the lender's S$15 billion euro medium-term note program ... ( read original story ...)
GOVT Singapore bolsters team post OCBC account win
The second senior account handler hired for OCBC Bank is senior account director Jaslyn Lam, most recently from Saatchi & Saatchi Singapore, where she led the global and regional management of P&G brand, Pampers. Prior to Saatchi & Saatchi, Lam had stints ... ( read original story ...)
Japan’s Largest Bank is Testing Digitized Checks on a Blockchain in Singapore
The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central ... ( read original story ...)
Property firms eager to become master developers
There may be opportunities for property developers to develop entire precincts in the future. Many developers in Singapore have expressed their eagerness to participate in a private-public partnership model that will see them master planning new districts ... ( read original story ...)
Retail investors more cautious about overseas property deals
SINGAPORE: Two recent charges against local real estate firms promoting overseas residential investments have put the spotlight back on such risky purchases. A complaint was filed against property agency Square Yards Singapore last month for failing to ... ( read original story ...)
Bank of Singapore to use Dubai as base to attract Middle East, Africa wealth
DUBAI (Reuters) - The private banking arm of Singapore’s second-biggest lender OCBC is targeting annual growth of assets of more than 20 percent from its new office in Dubai, which it aims to use to attract wealthy clients from the Middle East ... ( read original story ...)
Mortgage service firm OKs $225 million California settlement
SACRAMENTO, Calif. (AP) -- A mortgage services company signed a $225 million settlement with California regulators on Friday to settle allegations it overcharged active-duty military members, was late in providing key information for some civilian ... ( read original story ...)
MAS policy stance within 'planning parameters'; next move seen as tightening
SINGAPORE - Singapore's central bank is finding itself in a suitably comfortable position, and changes to its monetary policy approach seem unlikely for now. But should the Monetary Authority of Singapore (MAS) choose to move again later this year ... ( read original story ...)
Hong Kong and Singapore property: One is winning over Chinese investors
Against a backdrop of an uncertain global macro environment, one constant continues to drive key Asian property markets: The Chinese buyer. Mainland China investors, and their growing appetite for overseas assets, have been a key theme for the property ... ( read original story ...)
Hong Kong and Singapore property: One is winning on Chinese investors
Against a backdrop of an uncertain global macro environment, one constant continues to drive key Asian property markets: The Chinese buyer. Mainland China investors, and their growing appetite for overseas assets, have been a key theme for the property ... ( read original story ...)
Singapore's top lender DBS reports fall in Q4 net profit, increases allowances for bad loans
... of 2016 fell nearly 9 percent from the year-earlier period to S$913 million ($644 million), the bank said in an earnings release before the Singapore market opens. It set aside S$462 million ($326 million) in provisions for the quarter, up from S$247 ... ( read original story ...)
Ethical issues in the property sector
“The government is sending a clear signal that in the long haul, stringent entry requirements are needed to be a property agent. This will raise the image and professionalism of the industry,” noted Tan Tee Khoon, CEO of the Singapore Accredited Estate ... ( read original story ...)
Singapore Property Curbs Set to Stay in '17, CapitaLand CEO Says
Singapore’s residential property curbs are set to stay in place for at least another year amid signs the city’s housing market is stabilizing, the chief executive officer of Southeast Asia’s biggest developer said. “We see volume picking up and the ... ( read original story ...)