Reserves help Singapore weather economic storms

Singapore's reserves deliver long-term economic stability while giving the country firepower to weather crises, Finance Minister Heng Swee Keat said yesterday. The reserves have been accumulated over many years as a result of prudent spending by past ... ( read original story ...)

Amazon launches subscription-based Prime service in Singapore

SINGAPORE (Reuters) - Amazon.com Inc on Wednesday launched its subscription-based Prime service in Singapore that provides access to fast shipping, streaming and gaming, intensifying competition with incumbent rival Alibaba-backed Lazada in Southeast Asia ... ( read original story ...)

Financials May Boost Singapore Stock Market

(RTTNews.com) - The Singapore stock market headed south again on Monday, one session after it had ended the two-day slide in which it had fallen almost 10 points or 0.3 percent. The Straits Times Index now rests just beneath the 3,440-point plateau ... ( read original story ...)

Singapore Market May Hand Back Friday’s Gains

(RTTNews.com) - The Singapore stock market on Friday wrote a finish to the two-day slide in which it had fallen almost 10 points or 0.3 percent. The Straits Times Index now rests just beneath the 3,450-point plateau, although it's expected to head south ... ( read original story ...)

Singapore IPOs raise double the funds secured last year

19 listings in first 11 months of the year hit $4.6b, up from $2.3b for the whole of 2016 Initial public offerings (IPOs) in Singapore this year have raised twice the amount of money racked up in all of 2016. The 19 IPOs in the first 11 months of the year ... ( read original ...

Singapore October bank lending up 1.4%: MAS

SINGAPORE - Total bank lending in October climbed 1.4 per cent from September, on the back of higher loans to financial institutions. Total domestic banking unit loans amounted to S$649.56 billion last month, up from S$640.68 billion in September ... ( read original story ...)

Nine things you must do now to land a VP job in Asian banking

These bankers in Singapore and Kong Kong clinched quick promotions to VP level. Here’s how you could too. https://news.efinancialcareers.com/hk-en/250644/easiest-banking-jobs-hong-kong/ It’s arguably never been a better time to work at vice president ... ( read original story ...)

Singapore October bank lending rises 1.4 percent m/m

SINGAPORE, Nov 30 (Reuters) - Singapore’s total bank lending in October rose 1.4 percent from September on the back of increased lending to financial institutions, central bank data showed on Thursday. Loans and advances by domestic banking units in the ... ( read original story ...)

Which banking jobs in Singapore have the biggest vacancies?

Digital banking is a good choice. HSBC, Standard Chartered, Citi: they are three of the Western banks most entrenched in the Asian region. The first two generate most of their profits from Asia, while Citi employs more people in Singapore than any other ... ( read original story ...)

DBS Bank lowers India’s FY18 GDP growth to 6.6%c

Singapore’s DBS Bank today lowered India’s GDP growth forecast for the current fiscal to 6.6 per cent from the previous 6.8 per cent, citing that businesses were “still adjusting” to the new GST regime and there were “limited room” for fiscal ... ( read original story ...)