Keep an eye on mortgage rates

DBS Bank, OCBC Bank and United Overseas Bank (UOB ... In October, less than two months ago, the rate was 1.68 per cent. The three-month Singapore interbank offered rate (Sibor), the benchmark interest rate to which home loans are pegged, has climbed ... ( read original story ...)

Singapore issues more financial bans related to 1MDB scandal

SINGAPORE (Reuters) - Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory ... ( read original story ...)

5 More Hidden Property Jewels

Singapore’s property market is on the verge of an uptrend, according to Morgan Stanley. Analysts at Morgan Stanley expects Singapore’s property prices to climb by as much as eight percent in 2018. Along with other research houses, Morgan Stanley ... ( read original story ...)

Oxley acquires Chevron House, property developer Centra Cove

as well as Singapore property developer and investment holding company Centra Cove for a cash consideration of US$12 million (S$16.2 million). Deka Singapore A Pte Ltd has sold Chevron House, a 32-storey commercial development with 27 levels of office ... ( read original story ...)

Asia’s Top Inflation-Targeting Bank May Be Preparing to Hike

an economist at DBS Group Holdings Ltd. in Singapore who predicts a rate increase this week. “Given the expansionary fiscal policy and strong investment growth, a rate hike is probably warranted to prevent overheating risks.” The central bank adopted ... ( read original story ...)