Tony Cripps, CEO of HSBC Singapore. Photo courtesy of HSBC Viet Nam News HCM CITY – For ASEAN to continue to prosper in 2019 and beyond, policymakers across the region should step up reform efforts de... ( read original story ...)
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened. Singapore banks closed the year on strong footing after loans picked up pace to 3% YoY in December on the back of strong lending acti... ( read original story ...)
Singapore banks ahead of Hong Kong’s in proportion of tech job postings, survey finds
SINGAPORE - Singapore lenders hired a larger proportion of technology specialists than their Hong Kong counterparts last year, according to a report by labour market intelligence start-up JobTech. Whi... ( read original story ...)
India needs to boost exports with ASEAN countries: Indian High Commissioner to Singapore
SINGAPORE: India's trade with the South East Asian nations is below potential, the Indian High Commissioner to Singapore Jawad Ashraf said on Saturday, as he underlined the need to give priority to mi... ( read original story ...)
Singapore’s manufacturing sentiment sours for H1 2019
However, EDB noted that offshore rig orders remain subdued. Also read: Singapore non-oil domestic exports dropped 8.5% in December 2018 "A weighted 22% of firms also indicated price competition from o... ( read original story ...)
Australia’s LNG exports slip behind Qatar in January on outage
SINGAPORE, Feb 1 (Reuters) - Australia’s liquefied natural gas (LNG) exports fell in January due to lower production from an LNG plant and a bout of hot weather, pushing exports below rival Qatar, acc... ( read original story ...)
GRAINS-Subdued market braces for export data, outcome of China talks
USDA to release first weekly export sales since shutdown end * Market also monitoring trade talks, extreme cold in U.S. (Updates with European trading, changes byline/dateline) PARIS/SINGAPORE, Jan 31 ... ( read original story ...)
Oil Prices Rise on Saudi Cuts to U.S., Venezuela Struggles to Keep Up Exports
SINGAPORE — Oil prices rose for a third day on Thursday, pushed up by lower imports into the United States amid OPEC efforts to tighten the market, and as Venezuela struggles to keep up its crude expo... ( read original story ...)
China’s economic woes have further to spread across Asia, latest export indicators show
Trade-dependent Singapore posted its biggest fall in exports in more than two years, while in Indonesia, the biggest economy in South-east Asia, the drop in shipments was the worst since mid-2017. Sou... ( read original story ...)
China and Singapore to invest US $ 1.1bn in cement and steel plants
Sri Lanka moves closer to secure US $ 1.1 billion investments from Singapore and Chinese investors to set up ... He noted that the Singaporean investor is investing in the plant targeting steel export... ( read original story ...)
Malaysian exports up 6.7% to almost RM1 trillion last year
supported by higher exports to Vietnam, Thailand, Singapore, the Philippines and Cambodia. Exports to China, meanwhile, grew 10.3% to RM138.88 billion on the back of higher exports of products like ch... ( read original story ...)
Standard Chartered Home Loan Review Singapore 2019 – Which Mortgage to Choose from Standard Chartered
The below is calculated for a loan amount of $750,000 (75% of purchase price), and loan tenure of 30 years. All the below home loan packages have a 2-year lock-in, and you incur a 1.5% penalty for ful... ( read original story ...)
OCBC Home Loan Review Singapore 2019 – Which Mortgage to Choose from OCBC
There are two types of floating rate loans provided by OCBC for buildings under construction (BUC). One is pegged to the MBR while the other is pegged to 3M SIBOR. Floating rate for BUC BTO only (MBR) ... ( read original story ...)
Singapore e-commerce market to balloon 48% to $9.98b by 2022
Mobile will lead the way as desktop loses steam. The e-commerce market in Singapore is set for unprecedented growth as it is tipped to expand by 48% to $9.98b (US$7.4b) by 2022 at a compound annual gr... ( read original story ...)
How Did the Singapore Stock Market Perform in January 2019?
Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI), started the new year positively. For the month of January, the index rose 4%, or 121 points, to 3,190. Of the 30 Straits Times ... ( read original story ...)
Banking on banks
In a recent interview with The Edge Singapore, Harsh Modi, banking analyst at JPMorgan for Southeast Asia, indicated that Singapore banks stood out as the most visible in terms of margins and loan gro... ( read original story ...)