Mr Chua told a financial crime seminar organised by the Association of Banks in Singapore that stepping up such efforts is ever more important today as criminals are constantly finding more creative ways to launder money, finance terrorism, or engage in ... ( read original story ...)
Rich Singapore Investors Stuck as Bond Restructuring Drags (2)
(Bloomberg) -- Keith Kueh was expecting Pacific Andes Resources Development Ltd. to pay back the company’s bonds last year so he could finance his son’s college bill and his own retirement. Now it’s 18 months after the Singapore-listed fishing ... ( read original story ...)
Changing Landscapes in the Singapore Retail Property Market
Singapore retail space vacancy rose to 7.7% in 1Q17 despite a 2.9% QoQ decline in price rentals. However, impact of retail headwinds may not be evenly felt across all malls. New supply of retail malls largely located in Outside Central Regions, in line ... ( read original story ...)
Is Singapore’s Property Slump Finally Ending?: QuickTake Q&A
Singapore home prices have ground steadily lower since reaching a record in 2013, when the government imposed the last of a slew of measures to cool a red-hot market. Authorities in the Southeast Asian island-state loosened some of those restrictions in ... ( read original story ...)
MAS warns against property related blockchain platforms
With two Singapore ‘proptech’ companies – FundPlaces and Reidao – turning to blockchain platforms to create property-backed tokens that can be acquired by investors, the Monetary Authority of Singapore (MAS) issued a caveat emptor (“Buyer ... ( read original story ...)
Property tycoons continue to top Singapore’s 50 Richest list
For eight consecutive years, property brothers Robert and Philip Ng of Far East Organisation retained their top spot in Forbes Asia’s Singapore Rich List, with their fortune at US$9.4 billion (S$12.8 billion) this year. They were closely followed by ... ( read original story ...)
Industrial property market in doldrums
Singapore and South- east Asia, said that demand was largely made up of renewals and relocations. "A combination of supply overhang and lacklustre demand continues to exert downward pressure on rents for most industrial property segments," he noted. ( read original story ...)
Singapore’s 2Q property data signals turnaround in residential market
SINGAPORE (Nikkei Markets) -- Prices of Singapore private residential properties fell 0.1% in the second quarter, or by less than what was indicated in flash estimates released earlier this month, in yet another sign the housing market has bottomed. ( read original story ...)
Private home prices fall by 0.1% in Q2, signalling imminent market recovery
SINGAPORE - Private home prices may have reached their trough, as overall prices fell by 0.1 per cent for the second quarter. In a more certain sign of the property market's recovery, this was a much slower decline compared with the 0.4 per cent dip in the ... ( read original story ...)
LVS posts 62pct jump in 2Q profit on Macau, Singapore
The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm said on Wednesday. The group’s consolidated net revenue increased 18.6 percent to US$3.14 billion. Group-wide consolidated adjusted property ... ( read original story ...)
Belgravia Villas New Semi-Detached & Terraces Strata Landed Houses | Call Showflat (+65) 6100 0877
Belgravia Villas shows off a remaining in a property area that is preferable ... Rosyth School and also French School of Singapore (Lycée Français de Singapour) (LFS) is 1.28 Kilometres and also 1Km specifically. The Central Business District (CBD ... ( read original story ...)
Singapore: Strong interest income boosts UOB’s net profit to S$845m
Singapore banking giant UOB performed strongly in the past quarter and managed to report a 5.5% increase in net earnings to S$845 million. In the past quarter, the group was supported by a robust net interest income, which increased 12% to S$1.36 billion. ( read original story ...)
UOB reports 5.5% rise in Q2 net profit
SINGAPORE - UOB Group reported net profit of S$845 million in the second quarter of 2017, an increase of 5.5 per cent than a year ago, largely due to growth in net interest income and fee and commission income. For the first half of 2017, net profit came ... ( read original story ...)
United Overseas Bank quarterly profit rises 5.5 percent to two-year high
SINGAPORE (Reuters) - Singapore's United Overseas Bank ... It was the bank's highest quarterly profit in nearly two years. UOB CEO Wee Ee Cheong said the performance was helped by broad-based growth in revenue streams, while the bank's asset quality ... ( read original story ...)
Japan to hike tariffs on frozen beef imports from U.S., others
TOKYO/SINGAPORE (Reuters) - Japan's Ministry of Finance (MOF) said on Friday the country will raise tariffs on frozen beef imports from the United States and other countries from August to protect domestic producers. Tariffs on frozen beef will jump to 50 ... ( read original story ...)
Fullerton Family Package – Perfect for a quick getaway!
The building housed services and organisations such as the General Post Office, the Exchange, the Singapore Club, the Marine Department and the Import and Export Department. One of the most prominent things to remember about the Fullerton hotel is that ... ( read original story ...)