REITS are a solid asset class with has the potential to provide attractive dividend returns backed by prime real estate. With a huge diversity of REITS (38 in total) listed in SGX, we delve into the top 8 REITS that stand out among the pack, coupled with ... ( read original story ...)
Singapore Stock Market May Test Support At 3,300 Points
The Singapore stock market has finished lower in four straight trading days, surrendering more than 115 points or 3.6 percent along the way. The Straits Times Index now rests just beneath the 3,325-point plateau and it may open under pressure again on Tuesday. ( read original story ...)
Google hires Stan Chart director in latest raid on Singapore banking sector
Google has made yet another senior hire from the Singapore finance sector as it continues to target talent from big banks. Guillaume Van de Vyver, a director in group strategy at Standard Chartered, started at Google Singapore last month in an APAC cloud ... ( read original story ...)
Singapore Telecommunications Limited’s Latest Full Year Earnings Update: What Happened With Its Enterprise Business?
Singapore Telecommunications Limited (SGX: Z74) is Singapore’s largest operational telco, and it currently has three business segments: Group Consumer, Group Enterprise, and Group Digital Life. In mid-May, Singtel announced its full year earnings update ... ( read original story ...)
StanChart is said to plot Asia hubs in Singapore, Hong Kong
LONDON: Standard Chartered Plc plans to create two new hubs for its Asian operations in Singapore and Hong Kong to simplify the emerging market lender’s extensive network and reduce costs, people familiar with the plan said. The bank has drawn up plans ... ( read original story ...)
Major Banks Pioneer the Thailand-Singapore Blockchain Remittance Flow
On May 22nd, Thailand’s fifth largest bank by total assets, Ayudhya (Krungsri), in the framework of the successful pilot test, initiated an international remittance transfer from a domestic bank account to a Standard Chartered account in Singapore. ( read original story ...)
Standard Chartered eyes 2 separate hubs in Asia
In order to make operations simpler, Standard Chartered Plc intends to make two new hubs for its operations in Asia. One hub will be in Singapore while the other will be set up in Hong Kong. Sources said the company hopes to simplify its extensive network ... ( read original story ...)
Bloomberg – Standard Chartered to create two new hubs for its Asian operations
Bloomberg News reports that the bank has drawn up plans to consolidate as many as 10 Southeast and South Asian countries - potentially including Indonesia and India - under a new Singapore subsidiary as soon as next year, said the people, who asked not to ... ( read original story ...)
Daily Briefing: Singapore asset managers drop some Malaysian bonds over 1MDB scandal; NSE tries to lure investors after SGX fallout
Google in Singapore is targeting two broad groups of bank employees: developers with programming backgrounds and digital strategists whose focus is business development. Former Standard Chartered director Guillame Van de Vyver is one of its new hires that ... ( read original story ...)
Get 50% Off Your Second Main With Quandoo Coupons On DBS Lifestyle App From Now Till 25 June
Pasta Brava is so well-loved by patrons, some have even deemed it one of the best restaurants for true Italian food in Singapore. In its 25 years of ... your kakis be up for the challenge. Download the DBS Lifestyle App on your iPhone or Android Search ... ( read original story ...)
Singapore’s ultra-rich increased 11.5% last year
The wealth of HNWIs in Singapore grew by 12.8% to $858.42 billion in 2017. Singapore now has more high net worth individuals (HNWIs), whose wealth also grew by 12.8 percent from $761.24 billion in 2016 to $858.42 billion in 2017, reported Singapore ... ( read original story ...)
Singapore lost its crown as the world’s most digitally competitive country
The rankings took into consideration every country’s performance on three factors: knowledge, technology, and future readiness. Singapore reached first place in the knowledge and technology factors but 15th in future readiness. “Seemingly, despite ... ( read original story ...)
Singapore loses top spot to US in global ranking of digital competiveness
SINGAPORE – Singapore lost the top spot and dropped to second place in a digital competitiveness ranking of 63 economies, pipped by the United States in a move up from third place last year. In the ranking by Swiss business school IMD, Singapore topped ... ( read original story ...)
Singapore’s OCBC plans China wealth management business to boost profits
HONG KONG (Reuters) - Oversea-Chinese Banking Corp Ltd (OCBC) plans to set up a wealth management business in China as part of a strategy to double its profit in five years in the country’s so-called Greater Bay Area, its chief executive said. The ... ( read original story ...)
DBS introduces new virtual bank recruiter named Jim
DBS has introduced a new virtual bank recruiter to help its recruiters hire wealth planning managers more efficiently. According to a press statement, Jim, an acronym for “Jobs Intelligence Maestro”, is the brainchild of Singapore start-up Impress.AI ... ( read original story ...)
Singapore Telecommunications Limited’s Latest Full Year Earnings Update: What Happened With Its Consumer Business?
Singapore Telecommunications Limited (SGX: Z74) is Singapore’s largest operational telco, and it currently has three business segments: Group Consumer, Group Enterprise, and Group Digital Life. In mid-May, Singtel announced its full year earnings update ... ( read original story ...)