As profit margins fall, young bankers in Singapore are worried about the risks of moving to a new employer. https://news.efinancialcareers.com/sg-en/213178/this-is-what-your-private-banking-salary-and-bonus-should-be-in-singapore/ If you’re an ... ( read original story ...)
Singapore Central Bank Chief: No Regulation for Cryptocurrencies
The chief of Singapore's central bank has indicated it will not regulate cryptocurrencies, but plans to stay watchful on the risks posed by the technology. In an interview with Bloomberg, Ravi Menon, managing director of Monetary Authority of Singapore ... ( read original story ...)
Oversea Chinese Banking : OCBC Third Quarter Profit Grows 12% on Year
SINGAPORE--Oversea-Chinese Banking Corp. Ltd. reported Thursday a 12% rise on year in its third quarter net profit as higher interest rates helped income. Net profit in the July-to-September quarter was 1.06 billion Singapore dollars (US$779 million ... ( read original story ...)
Singapore stocks shake off weak Asia; OCBC subdued after results
Overseas-Chinese Banking Corp rose 0.1 percent, United Overseas Bank gained 0.2 percent and DBS Group Holdings added 0.3 percent. Shares in Singapore's second-largest lender Oversea-Chinese Banking Corp were sluggish after its nonperforming assets rose 15 ... ( read original story ...)
Singapore’s OCBC third-quarter profit up 12 percent; flags stress in oil and gas sector
SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corp reported a 12 percent increase in quarterly net profit, boosted by growth in its insurance and wealth management businesses, but highlighted continued stress in the oil and gas ... ( read original story ...)
eBay’s cross-border trade from Singapore rose 21%
US and Australian buyers bought mobile phones the most from Singaporean sellers. eBay Inc. revealed that cross-border trade (CBT) form Singapore is on the rise with a 21% YoY growth. According to a press release, the top three export destinations from the ... ( read original story ...)
Singapore Manufacturing Output Rose In September, Boosted By Electronics
SINGAPORE (Oct 26) -- Singapore's manufacturing output rose 14.6% in September from a year ago, the Singapore Economic Development Board said on Thursday, boosted by another sharp expansion in the production of electronics. The increase, while slower than ... ( read original story ...)
Developers worry upturn in Singapore property market may trigger more cooling measures
Developers have grown more optimistic about the current and future state of the Singapore property market, but worry about the Government introducing more cooling measures. The Real Estate Sentiment Index (Resi), jointly developed by the Real Estate ... ( read original story ...)
CDL leads S’pore property industry in sustainability
(Photo: Christopher Chitty) City Developments Limited (CDL) announced on Tuesday (24 October) that it was named as Singapore’s highest scoring property firm in CDP’s latest rankings for climate change response. The home-grown developer received a score ... ( read original story ...)
Singapore home prices picking up as government eases restrictions
SINGAPORE -- Singapore's home prices are rising, thanks to the government's recent easing of restrictions put in place years ago to curb soaring property prices. With home sales increasing significantly, property developers are looking for more land while ... ( read original story ...)
Mongolian developers join elite list of PropertyGuru Asia Property Awards contenders
Five companies from Mongolia have made the elite shortlist of the annual PropertyGuru Asia Property Awards, the region’s biggest and most respected real estate awards programme, which takes place in Singapore this November. In association with MGL ... ( read original story ...)
Mapletree Commercial Trust DPU up 9.3% to 2.24 Singapore cents in Q2
Gross revenue rose 21.7 per cent to S$107.2 million, while net property income jumped 23.4 per cent to S$84.4 million. Earnings per unit was 2.14 Singapore cents, up from 1.94 Singapore cents a year earlier. Net asset value per unit was S$1.37 as at Sept ... ( read original story ...)
Cambodia and Singapore strengthen their ties
Cambodia has asked Singapore to consider importing agricultural products such as rice, pepper and mangoes, to welcome more migrant workers from Cambodia and to cooperate on the illicit trade of cultural property. Both sides also expressed their ... ( read original story ...)
Chart of the Day: Singapore’s home prices fell with slow GDP growth
Historically, Singapore's private home prices have a strong correlation ... in tandem with higher GDP growth expectations of 2.7% in 2017 and 2.9% in 2018. "With property cooling measures still in place, and all else constant, we are unlikely to see ... ( read original story ...)
Keppel-KBS US REIT Seeks to Raise $448 Million in Singapore IPO
Units of Manulife U.S. REIT, which is backed by office buildings in Los Angeles and Atlanta, have risen about 9.6 percent in Singapore since its IPO last year. Cromwell Property Group last month shelved the listing of a property trust that was set ... ( read original story ...)
NBA player spotted wearing t-shirt of Singapore basketball team
Winslow made a trip to Singapore in August this year to hold a basketball training camp for youths as part of the Jr. NBA programme and spoke to Yahoo News Singapore about the NBA off-season. The Singapore Slingers highlighted the shout-out by posting the ... ( read original story ...)