Financial Services
Singapore fourth in Financial Development Index
Guess which topped the index, overtaking the US and the UK.
Singapore fourth in Financial Development Index
Guess which topped the index, overtaking the US and the UK.
DBS offers RMB-denominated endowment plan
2.85% yield per annum rests on RMB-vs-USD appreciation in next 5 years.
OCBC Bank appoints Darren Tan as Chief Financial Officer
Mr Tan succeeds Mr Soon Tit Koon who has he has efficiently managed OCBC Bank’s capital.
Asian men easily squander money
It’s the women who have better skills in money management, says MasterCard’s latest survey.
Managing Director of Uni-Asia Finance retires
Mr Kitaro Onishi was responsible for property fund management and investments of the Group.
Outlook for Singapore banks stable: Fitch
It said DBS, OCBC, and UOB should be able to keep their credit profiles intact, even with the probability of a fresh global downturn.
Companies' decreasing capex plans dispel robust loans growth
System loans had the highest MoM drop since December 2008 - but by how much did it fall?
Ion Orchard and China UnionPay extend partnership deal
The deal will enable ION Orchard tenants to provide access the over 2.7 billion UnionPay cardmembers worldwide.
Manulife Singapore’s new business surges 68% to S$22.2 m in 3Q11
This is 3.7 times higher than the life insuranceindustry growth rate of 18%.
Analyst warns DBS will continue to lag
Culprits cited are limited margin improvement, rising liquidity risks, and potentially higher credit costs overseas.
Happy with how your company is run?
If not, then read on to see how things are about to change as proposed revisions to the Code of Corporate Governance have been submitted.
75% of directors worldwide shaken by heightened risk in tax legislation
And oh, companies now fear entering emerging markets due to higher risk of tax controversy.
21% of Singapore's wealthy don't trust their kids not to blow the inheritance
Amazingly, the rest trust their kids not to blow the family fortune.
Gone: Bank of Singapore Asset Management
It ceased to be a subsidiary of OCBC Bank.
CPF members to receive 2.5% interest rate on Ordinary Accounts
The risk-free interest rate will be applicable from 1 January 2012 to 31 March 2012.
OCBC launches designer credit cards
There are over 130 designs available for ‘FRANK by OCBC’ credit cards.
Tax talks: 75% of companies worldwide shocked by more aggressive tax audits
Better beware as 97% of tax administrators say they will increase focus to scrutinize tax transactions in the next three years.
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