SINGAPORE (Reuters) - Members of the Association of Southeast Asian Nations (ASEAN) are confident of their economic growth outlook despite rising global trade tensions, Singapore Finance Minister Heng Swee Keat said on Friday. Heng’s comments at the end ... ( read original story ...)
5 Largest REITs in the Singapore Stock Market
Real estate investment trusts (REITs) are popular among Singaporeans. REITs are obliged to distribute at least 90% of their taxable income to enjoy tax benefits. Therefore, by investing in REITs, investors can receive regular distributions, usually on a ... ( read original story ...)
Buying Property In Singapore: Beginners Guide For Citizens and Foreigners
then looking for alternative sources of finance would have to come in hand. Some of the notable sources of funding for property purchases in Singapore are Cash, CPF savings, and Bank Loan To be able to use CPF savings in property purchase one must first ... ( read original story ...)
Singapore regulator says Uber app to delay shutdown amid competition review
SINGAPORE (Reuters) - Singapore’s competition watchdog said Uber will delay the ride-hailing app’s shutdown in the city-state by a week to April 15. Uber was initially set to end its services by April 8 in Singapore after a deal to sell its Southeast ... ( read original story ...)
Finance manager jailed for 11 years for siphoning $3.2 million from employer
SINGAPORE - A finance manager was trusted by his boss so much that he was given pre-signed cheques to settle payments. But Gene Chong Soon Hui abused his superior's trust and siphoned about $3.2 million of the firm's money by entering his own name on the ... ( read original story ...)
16 Singapore banking jobs that pay $10k a month after just three years
You want a S$10k monthly salary by the time you’re an associate. These are the Singapore banking jobs where that’s possible. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ You’re an intern or analyst in Singapore ... ( read original story ...)
Singapore Stock Market May Find Traction On Thursday
The Singapore stock market has finished lower in consecutive trading days, tumbling more than 90 points or 2.7 percent along the way. The Straits Times index now rests just beneath the 3,340-point plateau although it figures to snap the losing streak on ... ( read original story ...)
Singapore Exchange Limited’s Stock Is Near A 52-Week Low Now: Is It A Bargain?
I will be using the SPDR STI ETF (SGX: ES3) as a proxy for the market; the SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI). Singapore Exchange currently has a ... ( read original story ...)
Why Has Singapore O&G Ltd’s Stock Price Dropped By Nearly Half In The Last 12 Months?
So, Singapore O&G must still prove to investors that it is capable of growing its business going forward. Are you worried about the overall state of the market? Do you know the 1 thing you should never do in the stock market? The Motley Fool Singapore's ... ( read original story ...)
Stressed banking professionals in Singapore and Hong Kong struggling to control remote teams
Are regional banking jobs in Singapore and Hong Kong worth the extra stress? https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ Not so long ago, senior back-office managers in Singapore and Hong Kong enjoyed a secure ... ( read original story ...)
Is Singapore failing in its bid for Asia’s IPO market?
Companies are choosing to list in Hong Kong instead. As the regional stock exchange competition heats up, the Singapore stock exchange may be losing more than it gains as there were more cross-border listings than IPOs held within its own borders in Q1 ... ( read original story ...)
Singapore banks’ loan growth hits 3-year high
Higher credit card and car loans pushed bank lending up. Singapore bank lending rose 8.5% YoY in February 2018 and hit its strongest pace in three years, up from an 8.3% climb in January. According to RHB Research, this was mainly on the back of stronger ... ( read original story ...)
Global IPO proceeds up 28% in Q1
Even though the Asia-Pacific experienced a drop in IPO activity, it remained the world's busiest region for new listings in the first quarter of this year; in part because of activity in South-east Asia, EY said. Mr Max Loh, EY's Asean and Singapore ... ( read original story ...)
Singapore Stock Market May Extend Losses
The Singapore stock market turned decidedly lower again on Wednesday, one session after it had snapped the four-day losing streak in which it had tumbled more than 100 points or 2.9 percent. The Straits Times index now rests just above the 3,380-point ... ( read original story ...)
The Singapore Stock Market Today: Sasseur REIT Makes Its Debut
Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), finished Wednesday at 3,382.8, slumping 56.6 points or 1.6%. Of the 30 index components, 25 were in the negative territory ... ( read original story ...)
Sasseur Reit opens trading debut at S$0.805 after largest IPO in Singapore this year
SINGAPORE - China outlet mall operator Sasseur Real Estate Investment Trust (Reit) on Wednesday made its first appearance on the Singapore bourse - opening at S$0.805 per unit, above its offer price. As at 10.31am on Wednesday (March 28), units in Sasseur ... ( read original story ...)