there were four local “Heavenly Kings” – Development Bank of Singapore (DBS), United Overseas Bank (UOB), Overseas Union Bank (OUB) and Oversea-Chinese Banking Corporation. They are all household names and I believe most Singaporeans have experiences ... ( read original story ...)
DBS Indonesia’s net profit surges 75% in Q1
PT Bank DBS Indonesia, a subsidiary of Singapore-based DBS Bank, has reported a 75 percent year-on-year (yoy) increase in its net profit during the first quarter of 2017 to Rp 263 billion. The net profit increase was supported by a 16 percent yoy increase ... ( read original story ...)
Flight Review: Singapore Airlines A350 Business Class Dusseldorf to Singapore
In this trip report I review Business Class on a new Singapore Airlines (SQ) Airbus A350-900 from Düsseldorf Airport (DUS) in Germany to Changi International Airport (SIN) in April 2017. This was followed by a flight on Singapore Airlines A330 in Business ... ( read original story ...)
4 animals In Singapore with a higher net worth than you
The concept of net worth is often used in business and economics to gauge how valuable an entity is. According to statistics highlighted in the ValuePenguin study, the average household debt per capita in Singapore is $55,112. With most Singaporeans ... ( read original story ...)
Can these food technologies transform F&B businesses in Singapore?
In fact, some F&B businesses in Singapore have already tapped into the latest technology to save on manpower and raise productivity, as well as improve customer experience. For example, the creators of local innovations like the iKook and Rotimatic are ... ( read original story ...)
Cardinal who is the Vatican’s third most powerful figure touches down in Singapore ahead of his return to Australia to face historic sex charges
The Vatican's third most senior figure has been seen outside a Singapore ice cream shop on his way back to ... These matters have been under investigation now for two years,' said Pell after news of the charges broke. 'There have been leaks to the media. ( read original story ...)
The classic Singapore Sling gets a makeover
Editor's Note — CNN Travel series often carry sponsorships originating from the countries and regions we profile. However, CNN retains full editorial control over all of its reports. Read the policy. This article was originally published in November 2015. ( read original story ...)
Bank lending up 6.8% year-on-year in May
SINGAPORE - Bank lending in May rose for the eighth straight month on the back of a more sanguine economic outlook as both business and consumer loans went up. Total bank loans rose to S$633.2 billion, up 6.8 per cent compared with S$592.8 billion in May ... ( read original story ...)
Singapore luxury home prices show recovery signs, developer says
Singapore’s luxury home prices, which have been the worst hit by the government’s property curbs in recent years, are finally showing signs of a recovery, according to developer Guocoland Ltd. High-end home sales in the city-state had been on an ... ( read original story ...)
Luxury home prices on the upswing
While it has taken a beating from the government’s property cooling measures in recent years, luxury home prices in Singapore are now showing signs of recovery, reported Bloomberg. In fact, luxury home sales had been on the upswing even before some of ... ( read original story ...)
Singapore Home Prices Extend Longest Losing Streak on Curbs
Singapore home prices fell in the quarter ended June, extending the drop in property values to a record 15th quarter as most measures to cool the market remain in place despite a slight easing in March. An index tracking private residential prices fell 0.3 ... ( read original story ...)
Singapore’s MAS Says Not Yet Time to Ease Property Curbs
(Bloomberg) -- Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilized, “it is, however, not time ... ( read original story ...)
Singapore to maintain property stance
The central bank of Singapore has announced that its current cooling measures will remain in place. The restrictions, which were introduced eight years ago, have been cited as the reason for the cooling of the property market. “Our key property market ... ( read original story ...)
MAS: Property cooling measures still necessary
SINGAPORE: Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilised, “it is, however, not time yet ... ( read original story ...)
Not yet time to ease property cooling measures, says MAS
Singapore’s property cooling measures are here to stay, according to the Monetary Authority of Singapore (MAS). The central bank says residential property transactions increased in 2016 compared with 2015 due to healthy sales at project launches and ... ( read original story ...)
Sentosa Cove bungalow up for sale for S$20.8mil
based on the property’s 8,746 sq ft. land area, reported New Straits Times. Marketing agent List Sotheby’s Singapore revealed that the property on 65 Ocean Drive is being sold fully fitted and unfurnished. The firm attributed the property’s high ... ( read original story ...)