HNA Commercial REIT is seeking to add arrangers to its planned Singapore initial public offering as Bank of America Corp. walks away from the deal, people with knowledge of the matter said. The property trust, backed by embattled Chinese conglomerate HNA ... ( read original story ...)
Derivatives slump depresses Singapore Exchange’s annual profit
a government arm that runs an accreditation program for Singapore-based startups. The two parties will work together to attract companies keen on raising funds in an IPO. The exchange will facilitate pre-IPO funding and offer advice on the listing process. ( read original story ...)
Singapore’s banking, finance sector filling tech roles fast
There were 3,150 unique online jobs in Singapore’s banking and finance industry during the second quarter, marking a 12% hike from the first three months this year, according to labor market intelligence provider JobTech. Hiring in the industry has seen ... ( read original story ...)
Wife sets up Smartly Singapore robo-advisor account
Smartly Singapore responded to our query emails and sent us the sign-up notification email with the referral code. Good job with this and appreciate the follow-up! Previously, I mentioned that I will be setting up the Smartly robo-advisor account since my ... ( read original story ...)
Amazon takes on Alibaba in Singapore, prepares to post earnings
Alexis Christoforous, Myles Udland and Andy Serwer discuss expectations for Amazon earnings on the day investors learned the company is offering Prime Now in Southeast Asia, where Alibaba and other competitors dominate. ( read original story ...)
Tech can help track money laundering, terror financing: MAS
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 ...)
Singapore’s banking sector filling tech roles fast
There were 3,150 unique online jobs in Singapore’s banking and finance industry during the second quarter, marking a 12% hike from the first three months this year, according to labor market intelligence provider JobTech. Hiring in the industry has seen ... ( read original story ...)
Singapore Shares May Extend Winning Streak
(RTTNews.com) - The Singapore stock market has closed higher in two straight sessions, advancing more than 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,335-point plateau and it may add to its winnings on Thursday. ( read original story ...)
Bank earnings off to ‘positive start’ in this financial hub
Banking stocks in one of the world's top financial hubs rallied on Thursday after its second-largest lender reported quarterly earnings that handily beat estimates. Singapore's Oversea-Chinese Banking Corp (OCBC), kicking off results season for the city ... ( read original story ...)
Investment banking in Singapore is awful. I wish I were working for a start-up
I’ve worked in Singapore investment banking for 14 years, but I think the sector is well past its prime. http://news.efinancialcareers.com/sg-en/255615/mistakes-made-by-bankers-in-asia/ For many fresh graduates in Singapore, investment banking still ... ( read original story ...)
Rich Singapore Investors Stuck as Bond Restructuring Drags
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 company didn’t ... ( read original story ...)
Rich Singapore investors stuck as local bond restructuring drags
SINGAPORE — Mr 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 ...)
Cheat Sheet: What Are The Common Investment Products in Singapore?
Examples: Singapore Savings Bonds, US 30 Year Treasury Bonds ... In the meantime, you can either join our personal finance Facebook group where we discuss beginner’s questions and basic financial literacy or you can read more about our Seedly Money ... ( read original story ...)
Let’s copy Singapore, or at least the best part of its approach to fintech
Hong Kong should take a closer look at Singapore and the success it has had in attracting peer-to-peer lender Lufax. Unlike Hong Kong’s multi-layered regulatory structure, Singapore has set up its fintech regulatory oversight in a much simpler approach ... ( read original story ...)