Singapore’s three-year decline in home prices could see relief from an unexpected quarter in 2017: Hong Kong. So says Cushman & Wakefield Inc., which expects the slide in the city-state’s home prices to end this year as foreign investors turned off by ... ( read original story ...)
Singapore amongst the most expensive cities to relocate to
Basic living cost for a month is at US$2,148.45. If the Movinga's 2017 Relocation Price Index is anything to go by, then Singapore is becoming more and more costly for expats and foreign workers. According to the index, the basic living cost in Singapore ... ( read original story ...)
OCBC NISP launches credit card for affluent customers
"Supported by a strong network of the OCBC Group, we hope the Voyage credit card can ease our premier banking customers' transactions across countries' borders." The lender, which is the local arm of Singapore-based OCBC Bank, will target more than 20,000 ... ( read original story ...)
Singapore, India renew air force agreement for another 5 years
SINGAPORE: Singapore has renewed a bilateral air force agreement with India, allowing the Republic of Singapore Air Force (RSAF) to continue its joint military training at Kalaikunda Air Force Station in India for another five years, the Ministry of ... ( read original story ...)
Singapore Stock Market May Extend Losing Streak
The Singapore stock market has finished lower now in three straight sessions, slipping more than 25 points or 0.8 percent along the way. The Straits Times Index now rests just above the 3,000-point plateau, and the market may take further damage again on ... ( read original story ...)
Singapore’s POSB launches AI-driven chatbot on Facebook messenger
The chatbot can answer questions about the bank’s products and services, such as foreign exchange rates, in real time. Customers of POSB — a bank in Singapore that is a part of the DBS Group — can now enquire about the bank's products and services ... ( read original story ...)
DBS customers can now use debit cards to pay in 11 currencies
SINGAPORE -- DBS Bank customers can now make foreign currency payments with their existing Visa debit cards if they hold a multi-currency account with the bank. This will allow them to save on fees they will otherwise incur in making overseas transactions ... ( read original story ...)
Singapore Is Beating The Whole World At Fintech
As a tiny country with limited natural resources, Singapore built its outsized influence on the world as a hub of global finance. With the advent of progressive financial technologies eponymously named “Fintech”, Singapore is well ahead of the curve ... ( read original story ...)
Standard Chartered Bank and Allianz Announce 15-year General Insurance Partnership in Asia
SINGAPORE, Jan. 19, 2017 /PRNewswire/ -- Standard Chartered Bank and Allianz today announced a 15-year bancassurance agreement for the distribution of Allianz's general insurance products, including travel, personal accident, fire and motor insurance ... ( read original story ...)
UOB volunteers give back in time and money
Sixteen families had their homes painted and new furniture set up yesterday with the help of more than 100 volunteers from United Overseas Bank (UOB). Mrs Cher Ah Eng, 74, who lives with her husband and three grandchildren in a three-room flat, said it had ... ( read original story ...)
Hong Kong in Fiji preparing for Singapore leg of the HSBC World Sevens Series and qualifier
SINGAPORE, 17 Jan 2017 – The 2017 HSBC Singapore Rugby Sevens will see the participation of two top Asian sides as Hong Kong is confirmed as the wild card team. In Singapore, Hong Kong will line up alongside 15 other ‘core’ teams, including their ... ( read original story ...)
Ex-traders in Singapore guilty of cheating Deutsche Bank, HSBC
Former HSBC senior dealer Ivan Chng and ex-Deutsche Bank trader Toh Hway Khuan pleaded guilty in separate hearings in Singapore’s High Court today. The men both admitted to using their banks’ accounts in 2009 to get preferential rates on the dollar. ( read original story ...)
Standard Chartered digital marketing head Damien Cummings leaves bank amid acrimony
The Singapore-based global head of digital marketing at Standard Chartered Bank, Damien Cummings, has left the bank in acrimony after accusing the company of breaking promises and of making poor decisions. Cummings joined SCB in mid-2015 but his role has ... ( read original story ...)
Singapore to boost Asia's smart home market
Growth in the region is expected to reach US$115m in 2030. Singapore, amongst other highly-connected economies, will play a vital role in boosting Asia's smart home market, which is expected to reach US$115m in 2030. This would account for 30% of the ... ( read original story ...)
2 reasons why SPH's media business is on a slump
Weak business sentiment lowers spending on display ads. The growth in Singapore Press Holdings' earnings is largely dependent on its media business, which is highly affected by the city-state's economic prosperity of Singapore. According to UOB KayHian ... ( read original story ...)
Singapore Overtakes Hong Kong as Asia’s Top Financial Hub
Singapore boasts an agreeable business establishment and operation environment and promotes access to the burgeoning ASEAN region while featuring significant international linkages. Owing to its relationship with China, Hong Kong presents valuable ... ( read original story ...)