Tag: property

SINGAPORE--United Overseas Bank Ltd. (U11.SG) said Tuesday it plans to issue 750 million Singapore dollars (US$528 million) of subordinated notes due for maturity in 2029. The issuance will be part of the lender's S$15 billion euro medium-term note program ... ( read original story ...)

The second senior account handler hired for OCBC Bank is senior account director Jaslyn Lam, most recently from Saatchi & Saatchi Singapore, where she led the global and regional management of P&G brand, Pampers. Prior to Saatchi & Saatchi, Lam had stints ... ( read original story ...)

The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central ... ( read original story ...)

There may be opportunities for property developers to develop entire precincts in the future. Many developers in Singapore have expressed their eagerness to participate in a private-public partnership model that will see them master planning new districts ... ( read original story ...)

SINGAPORE: Two recent charges against local real estate firms promoting overseas residential investments have put the spotlight back on such risky purchases. A complaint was filed against property agency Square Yards Singapore last month for failing to ... ( read original story ...)

DUBAI (Reuters) - The private banking arm of Singapore’s second-biggest lender OCBC is targeting annual growth of assets of more than 20 percent from its new office in Dubai, which it aims to use to attract wealthy clients from the Middle East ... ( read original story ...)

SACRAMENTO, Calif. (AP) -- A mortgage services company signed a $225 million settlement with California regulators on Friday to settle allegations it overcharged active-duty military members, was late in providing key information for some civilian ... ( read original story ...)

SINGAPORE - Singapore's central bank is finding itself in a suitably comfortable position, and changes to its monetary policy approach seem unlikely for now. But should the Monetary Authority of Singapore (MAS) choose to move again later this year ... ( read original story ...)

Against a backdrop of an uncertain global macro environment, one constant continues to drive key Asian property markets: The Chinese buyer. Mainland China investors, and their growing appetite for overseas assets, have been a key theme for the property ... ( read original story ...)

Against a backdrop of an uncertain global macro environment, one constant continues to drive key Asian property markets: The Chinese buyer. Mainland China investors, and their growing appetite for overseas assets, have been a key theme for the property ... ( read original story ...)

... of 2016 fell nearly 9 percent from the year-earlier period to S$913 million ($644 million), the bank said in an earnings release before the Singapore market opens. It set aside S$462 million ($326 million) in provisions for the quarter, up from S$247 ... ( read original story ...)

“The government is sending a clear signal that in the long haul, stringent entry requirements are needed to be a property agent. This will raise the image and professionalism of the industry,” noted Tan Tee Khoon, CEO of the Singapore Accredited Estate ... ( read original story ...)

Singapore’s residential property curbs are set to stay in place for at least another year amid signs the city’s housing market is stabilizing, the chief executive officer of Southeast Asia’s biggest developer said. “We see volume picking up and the ... ( read original story ...)

SINGAPORE, Feb 14 Oversea-Chinese Banking Corp , Singapore's second-biggest lender, flagged worries about a weak oil and gas sector after reporting an 18 percent drop in quarterly profit to a three-year low, mainly due to a jump in impairment charges. ( read original story ...)

Last year was a challenging one for the Singapore retail market. The island-wide vacancy rate for retail space climbed to 8.4% in 3Q2016 — the highest level in more than five years since the time series commenced in 1Q2011. Meanwhile, for the whole of ... ( read original story ...)

Final offers for the Singapore property group, which has a market capitalisation of $1.9 billion, are expected to be due by end-March, said sources who wanted to remain anonymous as the info is private. In January, UEL’s largest owners Oversea-Chinese ... ( read original story ...)