Singapore’s parliament has approved changes to the country’s elected presidency system as part of efforts to address the need for minority representation and adequate safeguards in the decision-making process. The changes, approved after three days of ... ( read original story ...)
“Singapore corporate banking is cut-throat: here’s how I survive it”
The corporate banking market is very competitive in Singapore and if you make a mistake when handling a client it can put your career in jeopardy. Last month I wrote a blog about how much I loved my job as a corporate banker at a big European bank in ... ( read original story ...)
Why Singapore is the best city in the world for expats
A new study from HSBC reveals that the top place to live as an expat is Singapore. The study was conducted among 27,000 expats in about 100 countries between March and May 2016. Third party survey group YouGov conducted the poll, which did not survey HSBC ... ( read original story ...)
Flying Business Class with Singapore Airlines: Philippines to New Zealand Route
Flying business class is placed high up on my bucket list — besides, who wouldn’t want to travel in utter luxury, style, and comfort (with ample leg space), right? So you could imagine how happy I was when I finally checked this experience off ... ( read original story ...)
Singapore ranks the highest in Asia for its pension system
In its latest report for 2016, Melbourne Mercer Global Pension Index (MMGPI) reported that Singapore is now rated B Grade up from C+ the year before. Its score improved from 64.7 to 67 due to better pension adequacy. Ranking seventh globally, Singapore ... ( read original story ...)
Citibank voiceprint cuts verification time
Citibank has already unveiled voice biometrics authentication in several Asian markets, including Singapore and Hong Kong. "The processing time will be shortened to only 15 seconds from around 60 seconds with password authentication," Ms Vira-anong said. ( read original story ...)
Impressive figures about the new authentication technology of Citibank
It is currently implemented in Taiwan, Australia, Hong Kong, Singapore, Malaysia, and Philippines. Vietnam is the 7th country to have voice biometrics authentication. Citibank is planning to roll out the voice biometrics system in 12 markets within the ... ( read original story ...)
Singapore: A winning formula
The ‘ruck, rock and rumble’ mantra has certainly worked well in Singapore, writes Andrew Alderson. Singapore Sports Hub, with the National Stadium. A successful rugby sevens tournament needs a thriving British expatriate or colonial culture ... ( read original story ...)
With Voluntary Employee Turnover on the Rise, Technology Sector Companies in Singapore and Asia-Pacific Boost 2017 Salary Budgets
Median voluntary employee turnover at technology companies in Singapore is now at 11.7% on a trailing 12-month basis. In 2017, technology sector salaries in Singapore are projected to increase by 4.4%, ahead of the 4.2% increase observed in 2016. ( read original story ...)
How UOB is leading the charge for FinTech innovation in the region
Last year, it pledged S$225 million (US$166.5 million) to grow Singapore’s FinTech sector, and this year it opened an innovation lab for FinTech. Also Read: UOB partners with cloud accounting firm Xero to ease SMEs’ bookkeeping woes In another ... ( read original story ...)
Singapore companies’ reliance on outdated technology lowers employee productivity
Intuitive employee operational experience is crucial to attracting and retaining millennials Singapore companies' reliance on outdated technology resulted in a service experience gap which in turn lowers employee productivity, according to a report by ... ( read original story ...)
Singapore reserves presidential poll next year for ethnic Malay contenders
SINGAPORE Singapore will restrict its presidential election next year to ethnic Malay candidates, Prime Minister Lee Hsien Loong told parliament on Tuesday, during a debate on proposals to make sure ethnic minorities can become head of state. The wealthy ... ( read original story ...)
Singapore Rare Marina Bay Land Attracts Top Bid of S$2.6 Billion
The first sale of land in Singapore’s Marina Bay in nine years attracted 7 bidders, with a top bid of S$2.6 billion ($1.9 billion) as developers competed for a piece of the sought-after financial district. The highest offer came from Wealthy Link Pte., ( read original story ...)
Asia's oil glut persists: China imports slump, floating storage lingers
SINGAPORE From ongoing floating fuel storage to weak Chinese ... CHINA STILL WEAKENING Falling Chinese imports is another indicator that Asia's oil market remains oversupplied. Vying with the United States as the world's biggest oil importer, China's ... ( read original story ...)
Implications of ANZ’s sale of its Asia Business to DBS
For instance, there were about 11 banks active in DBS’s home market Singapore, of which DBS already controls two (POSB and DBS). ANZ will be another addition to DBS’s brands in Singapore as well as in Hong Kong, Taiwan and China. Reducing the number of ... ( read original story ...)
POSB trials contactless payments in Singaporean schools
POSB, a Singapore-based bank, has been testing a new contactless payment system that enables students to make purchases in their canteens and bookstores. The solution is called POSB Smart Buddy and helps teaching students about keeping track of their finances. ( read original story ...)