Officials from the Monetary Authority of Singapore (MAS) made the request last month to wealth managers, including DBS and a unit of Oversea-Chinese Banking Corp, the people said, declining to be ... ( read original story ...)
Singapore cautions wealth managers against aggressively courting Hong Kong business
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity. Singapore has cautioned wealth managers against ... ( read original story ...)
Singapore’s slowest growth in a decade raises recession risk
“It is quite disastrous... way below even the worst street forecasts,” said Selena Ling, head of treasury and strategy at OCBC Bank. The slump in Singapore - often seen as a bellwether for health of ... ( read original story ...)
Exclusive: Singapore cautions wealth managers on aggressively courting HK business
SINGAPORE/HONG KONG (Reuters) - Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalizing on rival ... ( read original story ...)
Singapore’s Shock Contraction Sends Warning for World Trade
(Bloomberg) -- An unexpected contraction in Singapore’s economy in the second quarter sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity. Gross ... ( read original story ...)
Singapore cautions wealth managers on aggressively courting HK business -sources
SINGAPORE/HONG KONG — Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalizing on rival Hong ... ( read original story ...)
Singapore’s Shock GDP Contraction Sends Warning for World Trade
(Bloomberg) -- An unexpected contraction in Singapore’s economy in the second quarter sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity. Gross ... ( read original story ...)
Go-Jek and SCB raise delivery app competition
Its services are considered to compete directly with Singapore-based Grab. Go-Jek's Get has 20,000 motorcycle drivers for food and parcel delivery and 20,000 restaurant partners, with 1 million ... ( read original story ...)
Singapore Economy Unexpectedly Shrinks as Trade Woes Worsen
(Bloomberg) -- Singapore’s economy unexpectedly contracted in the second quarter as exports continued to plunge amid a worsening global economy. Gross domestic product in the trade-reliant city state ... ( read original story ...)
Singapore second-quarter GDP year-on-year growth slowest in decade, badly misses forecasts
The Singapore dollar weakened slightly on the GDP news, reaching S$1.3585 from S$1.3570 before paring the loss. ... ( read original story ...)
Singapore to deport Myanmar nationals linked to insurgent group Arakan Army
... Myanmar nationals are to be deported from Singapore after mobilising support for "armed violence against the Myanmar government", the Ministry of Home Affairs (MHA) said on Wednesday (Jul 10). ... ( read original story ...)
Two charged for conspiring to cheat DBS, StanChart and Malayan Bank in application of loans worth S$1.7m
SINGAPORE: Two Singaporeans were charged in court on Thursday (Jul 11) for conspiring to cheat DBS Bank, Malayan Bank (Singapore) and Standard Chartered Bank (Singapore) in the application of more ... ( read original story ...)
Are You Ready to Get a Car Loan in Singapore?
Remember that a house is essential to living, whereas a car is not. Singapore is small and well-connected. Don’t end up getting a smaller home loan, and living in an uncomfortable situation for 15 to ... ( read original story ...)
Miris HMA™ installed in Singapore to provide invaluable help for premature babies
Miris announces the official release and Singapore's first clinical installation of Miris Human Milk Analyzer™ (Miris HMA™) at the milk bank KK Women’s and Children’s Hospital in Singapore. For the ... ( read original story ...)
One Pearl Bank sales gallery to open for public viewing from 13 July
SINGAPORE — The One Pearl Bank sales gallery will be open for public viewing from Saturday (13 July), CapitaLand said. Located atop Pearl’s Hill and slated to complete in 2023, it will be the tallest ... ( read original story ...)
Strong demand for UOB’s $750 mil perps despite lowest yield for Basel III AT1 SGD issue
UOB is the sole Global Coordinator, and joint lead manager along with Australia and New Zealand Banking Group, Standard Chartered Bank (Singapore), HSBC Singapore Branch and UBS AG Singapore Branch. ... ( read original story ...)