Tag: mortgage

SINGAPORE: Indonesians working in Singapore will now be able to remit money to family members who currently do not have bank accounts, with the launch of a new service by Singtel. The service, offered by Singtel Dash, allows customers in Singapore to send ... ( read original story ...)

HO CHI MINH CITY -- Singapore property developer Mapletree opened a business center this week in Ho Chi Minh City, the company's first wholly owned real estate project after 12 years in Vietnam. The 17-story, top-grade office tower is the second phase of ... ( read original story ...)

Housing prices in Singapore are likely to continue falling even as the government may gradually ease the property cooling measures, Fitch Ratings said recently. The ratings agency noted that Singapore’s efforts to curb property speculation in an ... ( read original story ...)

According to Jefferies, the mortgage growth is flat at ~4% despite the increased ... restrictions and liberalisation of shareholding policy for finance companies in Singapore announced in February is also intended to enhance financing to SMEs. ( read original story ...)

Property prices in Singapore have been on the decline in the last three years, but many forgot that before the decline, private home prices have surged some 60 percent since the 2008 – 2009 global financial crisis. The inflation has no doubt caused the ... ( read original story ...)

SINGAPORE, March 20 Singapore's central bank said on Monday it has asked the Singapore Exchange to enhance its recovery processes following an investigation into a trading disruption in July last year. At the time, trading in the securities market was ... ( read original story ...)

COUNTRIES in the region that imposed property cooling measures at around the same time are not likely to be relaxing them almost simultaneously due to differing economic conditions. Singapore had slightly lowered the property seller’s stamp duty and ... ( read original story ...)

After a six-year battle, a “mortgage prisoner” has secured a £29,000 refund from Bank of Scotland for overpayments it admits he should not have been forced to pay. Philip Pantelouris, 56, has been fighting the lender, which is part of Lloyds Banking ... ( read original story ...)

However, it noted that the impact of rising mortgage rates will be mitigated by hopes that the Singapore government has started a gradual process to unwind property measures. Meanwhile, JLL explained that the government has significant capacity to loosen ... ( read original story ...)

(Bloomberg) -- Singapore’s recovery from a contraction last year may give the central bank little incentive to adjust its policy stance next month as it monitors the impact of higher U.S. interest rates. The Monetary Authority of Singapore, which uses ... ( read original story ...)

Home owners in Singapore can expect to pay a higher monthly instalment on their housing loans, on the back of a rate hike by the United States Federal Reserve. The US central bank raised its benchmark federal fund rate - the rate banks charge each other ... ( read original story ...)

With a total asset of $322.8 billion USD, the DBS Bank of Singapore is Southeast Asia's largest bank. A signboard outside the DBS Bank, the largest bank in Southeast Asia. The banking sector in Southeast Asia has outperformed the global banking sector ... ( read original story ...)

In the wake of a recent breach of the Singapore Ministry of Defense's I-net system, which provides internet access to military personnel and other employees for their personal communications, the ministry has unveiled a cyber defense strategy to help guard ... ( read original story ...)

PHOENIX — This just in: Singapore was no fluke. Michelle Wie owns a share of the lead at the Bank of Hope Founders Cup after a smoking 7-under 65. The former prodigy and Nike fashionsta posted a couple late bogeys on her front nine and made the turn ... ( read original story ...)

Singapore's largest listed property firm is broadly welcoming revisions to the city-state's property cooling measures after more than 3 years of sinking prices. "Together with the government's policies to support population and economic growth, such ... ( read original story ...)

Blockchain is best known for underpinning trading involving the digital currency bitcoin, but it has many other potential uses. Broadly it is a shared digital ledger for recording information, such as the transfer of assets between two or more parties. ( read original story ...)