Tag: property

Swiss private bank Pictet Group announced that it has secured a so-called wholesale bank licence that enables it to expand operations in Singapore. The licence, which was recently granted by the Monetary Authority of Singapore, allows Pictet’s Singapore ... ( read original story ...)

In Singapore, nearly three-quarters of expats polled said that the city-state offers better earning potential than their home country. HSBC and UOB joins DBS and BOC to offer 3 Years Fixed Rate Mortgage Packages Singapore, being a multi-racial island city ... ( read original story ...)

SINGAPORE (March 19): Singapore's central bank imposed penalties of S$5.2 million (US$3.95 million) on Standard Chartered Bank (SCBC) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money laundering rules and terrorism ... ( read original story ...)

For allegedly being unable to satisfy the requirements on anti-money laundering, authorities in Singapore have fined Standard Chartered Plc a total of SGD6.4m (USD4.9m). Interestingly, the punishment comes less than two years after the bank received a ... ( read original story ...)

Standard Chartered Bank and Standard Chartered Trust were fined a combined £3.46m (S$6.4m) by the Monetary Authority of Singapore (MAS) for 33 breaches of anti-money laundering and terrorism financing laws. The lender’s Singapore arm was fined £2.81m ... ( read original story ...)

Bank of Singapore, the private bank of OCBC Bank, is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors. "We are seeing increasing demand for families moving into the next generation to set a ... ( read original story ...)

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement ... ( read original story ...)

Your property agent has to be registered with the CEA Don’t ... because the CEA has a nifty public register that lists all the registered agents in Singapore. The apartment you’re looking at is right beside the MRT station, and it’s surrounded ... ( read original story ...)

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to collaborate and mutually support the development of the Fintech ecosystems and encourage financial innovation between the two countries. Today, MAS and the Bank signed a ... ( read original story ...)

APAC Realty’s Jack Chua and Juliet Zhu of MLN Overseas today signed a partnership agreement to provide a range of services to Chinese property buyers. UPDATED: Singapore-listed real estate brokerage APAC Realty, which operates under the ERA brand ... ( read original story ...)

Economists have raised their forecasts for Singapore’s economic growth in 2018, as they upgraded their views on private consumption as well as wholesale and retail trade, a central bank survey showed on Wednesday. Singapore’s gross domestic product is ... ( read original story ...)

A floating rate is a home loan where the interest rate is pegged to the SIBOR or SOR. The SIBOR is the Singapore Interbank Offer Rate, what the SOR is the Swap Offer Rate. These are rates which are public knowledge so there’s a level of transparency. ( read original story ...)

SINGAPORE - Bank of Singapore's global market head for Greater China and North Asia, Derrick Tan, has taken on the additional role of chief executive of its Hong Kong branch since March 6, the private banking arm of OCBC Bank said on Monday. He replaces ... ( read original story ...)

In 2018, Singapore was ranked as the most important property market in ASEAN by Morgan Stanley's research. Given this, it is not surprising that Singapore is also home to some of the most expensive properties in the world. But just how nice and expensive ... ( read original story ...)

So what makes a good rental property investment? For answers, we looked at apartments and condominiums across Singapore that commanded gross rental yields of 4% and above, to identify their common characteristics. Current gross rental yields are calculated ... ( read original story ...)

(Photographer: Sanjit Das/Bloomberg) SINGAPORE Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population. ( read original story ...)