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 ...)
This Singapore MSc Finance gives you the skills to cope with changing market conditions
When the economy is slowing down, it’s a good time to upgrade your skills and keep your career on course with a Singapore-based MSc Finance from UCD. http://news.efinancialcareers.com/sg-en/241841/how-to-choose-an-msc-finance-that-will-give-your-career-a ... ( read original story ...)
Coffee-shop operator Kimly counts Heliconia Capital as a pre-IPO investor
... traditional coffee-shop operator to be listed on the Catalist board of the Singapore Exchange, counts Heliconia Capital Management as one of its two pre-IPO investors. A wholly owned subsidiary of Temasek Holdings, Heliconia is an investment firm that ... ( read original story ...)
How to get a banking job in Asia if you don’t already work in banking
You can get a non-graduate job in Asian banking without any banking experience. This is how. http://news.efinancialcareers.com/sg-en/275997/contractors-banks-singapore-hong-kong/ If you don’t work in banking but would like to get a banking job in ... ( 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’s central bank completes blockchain-based inter-bank payment pilot
The Monetary Authority of Singapore (MAS) has completed a pilot project that was carried out for inter-bank payments using blockchain technology. In November last year, MAS announced that it is partnering with R3 and a consortium of financial firms to ... ( 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 ...)
Time bank lets Japan's seniors swop services for free – from cleaning to companionship
Time banking is one of several schemes featured in an episode of Challenge Tomorrow this Sunday (March 12), which looks at how Japan, the United States, Australia and Singapore, are managing aging issues. More countries like Singapore are looking at ways ... ( 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 ...)
UOB launches sale of dual currency covered bonds
This is Asia's first dual currency covered bonds issue. Singapore banking giant United Overseas Bank announced two sales of covered bonds comprising of two tranches, a US$500m 2.125% covered bonds and an EUR500m 0.125% covered bonds, both due 2022. ( read original story ...)
Singapore regulator eyes blockchain for settlement
The Monetary Authority of Singapore is in talks with group of financial institutions to use distributed ledger technology for domestic inter-bank payments and securities settlement, following the completion of a proof-of-concept project. The process ... ( read original story ...)
Canara Bank Sells 13.45% Stake In Can Fin Homes
State-run lender Canara Bank Ltd has sold a 13.45 per cent stake in Housing finance arm Can Fin Homes Ltd to Singapore-based Caladium Investment Pvt Ltd for Rs 754 crore, it said on Friday. The divestment is seen as a part of the monetization process of ... ( read original story ...)