IOB Singapore looks for new regtech system and vendor

IOB Singapore, a subsidiary of Indian Overseas Bank, is looking to modernise its regulatory reporting tech. The bank issued an RFP to this effect, which has recently closed. According to IOB Singapore, bidders should be able to supply an end-to-end ... ( read original story ...)

Narrow Trading Range Tipped For Singapore Shares

(RTTNews.com) - The Singapore stock market has moved higher in two straight sessions, collecting almost 30 points or 0.9 percent along the way. Now at an 18-month closing high, the Straits Times Index now rests just below the 3,150-point plateau ... ( read original story ...)

Singapore ties stronger FinTech relationship with Japan

The two are establishing a FinTech cooperation framework. The Monetary Authority of Singapore (MAS) and the Financial Services Agency (FSA) of Japan are forging a cooperation framework to boost FinTech linkages between both countries. The framework enables ... ( read original story ...)

Singapore tops city infrastructure rankings

It is also the nicest city in Asia for expats to live in. The latest list from consulting firm Mercer ranked Singapore as the city with the best infrastructure in the world. According to Mercer, city infrastructure plays an important role when ... ( read original story ...)

Singapore bans former Goldman Sachs banker linked to 1MDB

Leissner resigned from the bank in February 2016. "MAS will not tolerate conduct by any finance professional that threatens to undermine trust and confidence in Singapore’s financial system," Ong Chong Tee, a MAS deputy managing director, said in a ... ( read original story ...)

Singapore, Hong Kong property sectors go opposite ways

Home prices in Singapore have declined for the past three years. According to a report from Bloomberg, whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased ... ( read original story ...)

Education funds planning for Singapore expats

Living costs in Singapore are among the highest in the world. Expats who move to the city-state can expect to pay large amounts for their accommodation and for day-to-day expenses. Car buyers in Singapore usually pay five to six times the price of a ... ( read original story ...)

Singapore Bourse May Extend Friday's Gains

(RTTNews.com) - The Singapore stock market turned higher again on Friday, one session after it had ended the two-day winning streak in which it had climbed almost 25 points or 0.7 percent. The Straits Times Index now rests just below the 3,135-point ... ( read original story ...)

Bert Stegink leads UBS Singapore

A well-experienced wealth manager is now leading UBS’s business in Singapore. UBS, Asia’s largest wealth management firm, named Bert Stegink to the position earlier this month. Stegink will enter the Swiss firm from Dutch lender ABN Amro Private Bank ... ( read original story ...)

Canara Bank sells 13.5% of home finance arm to GIC for Rs 754 cr

State-run Canara Bank, which has been struggling to sell non-core assets to shore up its poor core capital, today sold 13.45 per cent of its stake in its home finance arm Can Fin Homes to GIC of Singapore for Rs 753.8 crore or USD 113 million. State-run ... ( read original story ...)