Retail Banking Country Snapshot: Singapore

Insight into consumer preferences in Singapore and the reasons for taking out financial products and how this has evolved in recent years. -Understanding around the main providers dominating the current account, savings, mortgage, and loan markets and the ... ( read original story ...)

Swiss bank Pictet gets licence to expand Singapore operations

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 ...)

Singapore remains destination of choice for expatriate workforce

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 ...)

Standard Chartered’s Singapore branch fined USD$4.9m

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 ...)

Singtel expands mobile wallet across Southeast Asia and India

SINGAPORE -- Singapore Telecommunications is expanding its mobile wallet service across Southeast Asia and India by linking the product with those of affiliated companies, in a bid to tap into growing demand for mobile payments among regional travelers. ( read original story ...)

The Best POSB & DBS Credit Cards Singapore Review 2018

Even though our beloved DBS / POSB is the most popular savings bank in Singapore, up until a few years ago you would not have associated them with good credit cards. Back then, nobody ever flaunted their DBS credit cards the way rich and successful people ... ( read original story ...)

West Sumatra ornamental fish exports dominate Singapore market

SINGAPORE: West Sumatra`s ornamental freshwater and sea fish have a viable market, especially for exports to Singapore, Yos Meri, head of the provincial Marine and Fisheries Service, stated here on Monday. “West Sumatra has some 20 species of specific ... ( read original story ...)

Cairns protein powder producer eyes an export deal to Japan

The delegates from IM Holdings, of Singapore, and Gold Star, of Japan, were hosted by Advance Cairns. Adam Phillips, of Life Grip Supplements, is in advanced talks to export to Singapore and Japan thanks to the expo. “The best part of the conference was ... ( read original story ...)

Singapore denies acquisition of new Leopard tank variant

Despite denying the acquisition of the Leopard 2A7, it does look like Singapore is ordering additional Leopard 2 tanks, with the German government’s annual military equipment export report stating that a further seven was delivered to Singapore in 2016. ( read original story ...)

US wine exports fell in 2017 – figures

with revenues from Hong Kong up by more than 20% (although volumes slipped back 24.7%), and a similar value increase in Singapore. In Japan, exports rose 7.6% in value terms, but declined by 1.2% by volume. Bottled wine exports to the country fell 20% by ... ( read original story ...)

KPMG acquires Singapore mobile app developer

KPMG in Singapore is acquiring business mobile app developer, Rainmaker Labs, in a move it says will beef up its digital and mobile offerings. The acquisition, which financial details were not revealed, encompassed the app developer's businesses in Vietnam ... ( read original story ...)