Financial Services
Cost-cutting halves Singapore bankers' notice periods
Cost-cutting halves Singapore bankers' notice periods
Three months of paid notice is now the standard instead of the once luxurious six-month "gardening leave".
Manulife Singapore launches universal life plan for the ultra-rich
Manulife prepares to capture Singapore's growing market of rich Singaporeans as they are expected to double from 64,000 to 129,000 by 2015.
DBS unveils instant mobile rewards redemption service
DBS Rewards mobile app allows cardmembers to instantly redeem their rewards in over 1,000 outlets in Singapore.
Taiwan's state banks riding on false complacency?
A study conducted by Fitch Ratings reported that the Taiwanese public's strong confidence in their state banks has hindered reforms from being pushed...
Singapore dollar moves to below $1.28 against the US dollar
Upbeat traders reduced their positions in the greenback and yen.
Markets 'lifted' due to G7 conference call; STI set for firmer open
PMI factory output figures showing a rise to 50.4 points in May are also likely to boost trading in Singapore.
Singapore dollar takes a breather
IG Markets Singapore says the local currency has been given a slight respite from the pressure of investors flocking to safe-haven funds.
'Singapore is not a tax haven': High Commission
The High Commission of the Republic of Singapore issued a statement pointing out inaccuracies in a Nanyang Siang Pau article.
Singapore dollar hitting new lows against the greenback
The local currency, siding against the US dollar, currently sits at $1.2939.
Chart of the Day: Loan pace turns sluggish
Loan growth in Singapore banks is projected at 12% for 2012.
Sky-high credit card rates pose bigger threat to the banking industry
Bank loans and deposits moderated in April but It's the credit card charge-off rates now inching closer to their 10-year average of 5% that concern...
Chart of the Day: What you need to know about loan growth in Singapore
Driven by business loans, loan growth continued to moderate as expected.
Singapore dollar sits close to the $1.29 threshold against the US dollar
Traders are said to be exiting Asian currencies into the safe havens amidst fears over Spain becoming the next Greece.
Say 'goodbye' to disporpotionately high fees on loans
Moneylender laws amended to ease borrower burdens.
Singapore bank deposits 'anaemic'; loans 'lethargic'
Are Singapore banks feeling the squeeze of Euro crisis?
Local currency in trouble amidst safe haven flows
Analyst says traders are ditching risk assets, causing the Singapore dollar to lose value.
Job losses loom: Majority of SIngaporean CFO's won't hire new staff
And forget about asking for a pay rise, with 41% deeming rising cost of labour or scarcity of well qualified employees as the greatest threat in 2012...
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Commentary
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