Financial Services
Duty Free International’s net profit surges 64.7% to RM16.8m in Q3
Thanks to new outlets in KLIA 2.
Duty Free International’s net profit surges 64.7% to RM16.8m in Q3
Thanks to new outlets in KLIA 2.
Stock market rout dampens financial sector hiring in Singapore
Employers are scared of a long slowdown.
DBS Group launches first Basel III-compliant bond issue
The $250m notes will have a coupon of 3.8%.
Pavillon inks JV deal with China financial leasing firm
They’re bidding to develop their businesses in China.
Senior bankers fear FCF is eroding Singapore’s international appeal: survey
Some 80% of senior staff are scared of unwanted side effects.
SGX seeks feedback on changes to Mainboard, Catalist Listing Rules
It’s an attempt to align with the amended Companies Act.
DBS unveils capital loan program to jump start small businesses
It will bridge the credit gap faced by businesses.
Two out of three finance professionals believe Fair Consideration Framework is working
Firms are hiring more Singaporeans now.
ICBC Singapore inks collaboration with China real estate firm
It’s the third Singapore-China government project.
Here’s why bad loans don’t bother OCBC’s big boss
Distressed debt levels are still extremely low.
SGX calls out Abterra executives for breaking listing rules
They delayed vital company announcements.
Singapore's 30 Largest Accounting Firms 2015
PwC is no longer top of the list.
Neophyte firm In.Corp Global nabs Raffles Corporate Advisory
It’s poised to see $20m revenues next year.
SGX urges feedback on proposed sustainability reporting rules
They’ll be implemented on a “comply or explain” basis.
Wage and bonus spikes await finance professionals, say analysts
Salaries might hike up to 5 to 8%.
DBS, Manulife officially launch US$1.2b bancassurance partnership
Both firms will also invest US$100m in tech initiatives.
Automation and systems integration to drive accountants obsolete
It’s good for businesses’ bottomline, though.
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