Bank of China to release Sheng Siong credit cards

These contactless cards offer 12% cash rebates. As part of efforts to drive Singapore's cashless agenda, the Bank of China Singapore Branch (BOCSG) and local supermarket chain Sheng Siong launched a new contactless credit card that offers up to 12% cash ... ( read original story ...)

Deutsche Bank : Singapore wins at Enabling Employers Awards

Deutsche Bank Singapore's efforts to increase participation in the workplace by people with disabilities was commended by Singapore's SGEnable, a government agency dedicated to enabling people with disabilities. The bank won the Achievement Award ... ( read original story ...)

Singapore stocks spring higher as lenders advance

Singapore stocks rose on Tuesday, led by gains in lenders such as OCBC Bank and DBS Group Holdings. The Straits Times Index rose 0.53 percent or 18 points to 3,328. It ended 0.1 percent lower on Monday, taking the year-to-date gains to 15 percent. ( read original story ...)

Asia Stocks Mixed as U.S. Dollar Seeks Direction

Property developer Sunac China Holdings announced it agreed ... the Kospi index retreated 11.63 points, or 0.5%, to 2,439.90 In Singapore, the Straits Times Index gained 17.03 points, or 0.5%, to 3,327.83 In New Zealand, the NZX 50 heightened 30.77 points ... ( read original story ...)

News Roundup (July 2017)

The penthouse is expected to test the endurance of demand for luxury property in Singapore, the segment of the market that suffered most from the government’s property cooling measures. Property consultancy JLL revealed that luxury home prices in the ... ( read original story ...)

Singapore: A haven of stability

Despite the sluggish market and weak economic outlook, Singapore is still considered a safe bet by foreign investors, according to analysts. Although the property cooling measures such as the Additional Buyer’s Stamp Duty (ABSD), imposed by the ... ( read original story ...)

Property-bound Singapore capital now prefers home turf

THE capital flight to greener pastures abroad from Singapore has slowed to a trickle, amid a turnaround in the property market at home. Data compiled by Real Capital Analytics and Knight Frank Research shows that the number of outbound investment deals ... ( read original story ...)

Singapore gets to grips with NSFR rules

The Monetary Authority of Singapore (MAS) issued Notice 652 on July 10, which will require DBS Bank, OCBC Bank and United Overseas Bank to maintain a net stable funding ratio of 100 percent from January 1, 2018. The NSFR, a key reform announced by the ... ( read original story ...)