Financial Services
Lee Kuan Yew retires as Chairman and Director of GIC
He will be appointed Senior Advisor to the Board.
Lee Kuan Yew retires as Chairman and Director of GIC
He will be appointed Senior Advisor to the Board.
Mega banned: Indonesia’s Mega Bank banned from opening new branches
Mega has weak internal control, and Bank Indonesia isn’t happy about it.
Singapore-Saudi Arabia DTA takes effect 1 July
The two countries’ agreement for the avoidance of double taxation clarifies taxing rights.
Accountants dream of turning Singapore into a vibrant ‘number-crunching global hub’ by 2020
So now the bean counters want global domination too, who knew?
Why are Singaporeans the most optimistic financial executives in the world?
And which country has the most pessimistic financial executives in Asia?
Is Singapore the next offshore RMB trading hub?
It may not be imminent though, says HSBC.
Changes to world audit standards ill advised
And businesses are being laden with higher costs, says the Association of Chartered Certified Acountants.
STI may continue to slide: OCBC
The forecast is amid heightened risk aversion and following negative leads from Wall Street on Friday and morning declines in Nikkei and Kospi.
56% of Asia Pac financial services firms unaware of security threats
And out of those who are mindful of their firms' exposures, 37% could not provide details of the events, said IDC Financial Insights.
Mainland Chinese can now shop Singapore online with eNets
The deal will let 160 million mainland chinese shop anywhere in the world that accepts eNets, a major boost for the payments platform.
FRANKLY, will students give a d*** about OCBC's youth rebranding ?
OCBC branches at SMU and NTU being renamed "FRANK" - no, really.
Singapore commodities hub drives RMB trade settlement
Commodities are the reason why the Chinese Renminbi (RMB) scheme is going global and the connection is Singapore, according to the Standard Chartered...
Mastercard appoints Matthew Driver to head Asian operations
Matthew Driver will take on the role of Division President, South East Asia with immediate effect.
No go loan zone: Fitch toughens global RMBS ratings criteria
Naughty insurers aren't paying out full claims on defaults, and Fitch isn't happy.
Booming commodity prices push Singapore's offshore trade up 50.5% to US$700bn
And the good news is that trading jobs actually grew 18.5 % with 11,250 new jobs created.
DBS Inaugurates New Taiwan Headquarters
DBS Bank today formally opened its new Taiwan headquarters at Shin Kong Xinyi Financial Center as it strengthens its presence in the country.
OCBC NIM falls to 1.9% in 1Q11
OCBC 1Q 2011 core net profit of $596 million was in line with expectations except for the disappointment in lower NIM.
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