Tag: property

SINGAPORE: By the middle of next year, seven banks in Singapore will offer consumers the option of paying using NETS QR code. In a joint press briefing on Monday (Nov 20), DBS Bank, OCBC and UOB said they have come onboard NETS' QR code platform. ( read original story ...)

Singapore’s central bank Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded S$1.15 million (US$850,000) to 10 fintech startups The second edition of the Singapore Fintech Awards has come to a close, giving ... ( read original story ...)

Singapore’s central bank Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded S$1.15 million (US$850,000) to 10 fintech startups The second edition of the Singapore Fintech Awards has come to a close, giving ... ( read original story ...)

With the property industry facing more and more disruption, how’s a humble property agent to survive? We all know the routine answer: upskill yourself to remain relevant, offer value added services, blah, blah, blah. That’s all easier said than done. ( read original story ...)

All home loans, regardless of whether it is for an HDB unit or private property, need to fulfil the 60% Total Debt Servicing Ratio (TDSR) requirement. This means that when your total monthly debt obligations — i.e. credit card balance(s), student loan(s ... ( read original story ...)

At present, this is 2.6 per cent per annum. Bank loan rates are more variable. There is no perpetual fixed rate home loan in Singapore. Bank interest rates are mainly determined in three ways: Singapore Interbank Offered Rate (SIBOR) loan packages Swap ... ( read original story ...)

Monetary Authority of Singapore (MAS) managing director Ravi Menon told the Singapore Fintech Festival yesterday that the move is one of several Singapore is taking to further its Smart Nation agenda. In the area of retail payments, the MAS and the Bank of ... ( read original story ...)

Andy Mukherjee is a Bloomberg Gadfly columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Singapore's housing market is ... ( read original story ...)

A series of blockbuster land deals in Singapore this year signal the city-state’s property market is set to break out of its prolonged slump in 2018. The spending spree may not be over, with more than S$3.3 billion ($2.5 billion) of land deals set to be ... ( read original story ...)

GuocoLand has been recognised as the region’s Best Developer at the PropertyGuru Asia Property Awards Grand Final after being named as Singapore’s top home builder in the local leg of the awards. “One of the Singapore’s leading developers ... ( read original story ...)

SINGAPORE — A former mortgage specialist at OCBC Bank has been charged on Thursday (Nov 9) with 13 counts of forging documents relating to housing loan applications amounting to a staggering S$7.7 million. Between January 2014 and April 2015, Paul Liew ... ( read original story ...)

Singapore’s central bank chief Ravi Menon warned against the wave of technology that’s is currently disrupting the financial services industry, calling such “another hype” in which he does not fully believe. He said in an interview with Bloomberg ... ( read original story ...)

The head of ‘fintech friendly’ Singapore’s central bank has warned Blockchain and other fintech spheres are suffering from “hype.” In comments to Bloomberg Monday, Ravi Menon said that investors should also be wary of p2p lending platforms and ... ( read original story ...)

As global competition intensifies, it is more important than ever for firms to stand out. Intellectual property (IP)—from brands and trademarks to patents and copyrighted work—is an important means by which local enterprises can set themselves apart ... ( read original story ...)

View of rush hour traffic in Singapore. Singapore’s former master planner Dr Liu Thai Ker said the city-state is a success story in urban planning due in part to strong government support. Speaking to attendees on Tuesday (7 November) at PropertyGuru’s ... ( read original story ...)

OCBC Bank is trialling the use of artificial intelligence (AI) and machine learning tools to improve its ability to accurately identify suspicious activities, specifically, money laundering. The Singapore bank said it ran the software through one year's ... ( read original story ...)