Financial Services
Banks brace for more delinquent property loans as shoebox flats flood the market
All three banks are equally at risk.
Banks brace for more delinquent property loans as shoebox flats flood the market
All three banks are equally at risk.
SGX inks deal with ICAP to boost forex capacity
It will be implemented by 3Q15.
DBS sets up consumer finance company with Postal Savings Bank of China
It’s investing $25.83m into the JV firm.
OCBC overtakes DBS as Morgan Stanley’s most preferred bank stock
The Wing Hang acquisition overhang is clearing.
Silverlake’s share price slips 8% on potential cancellation of mega-bank merger
The slip presents a good buying opportunity.
Banks’ hiring intentions plunge on back of weak market outlook
But compliance and regulation roles are in demand.
Productivity schemes still boggle majority of local firms: report
A widespread lack of understanding hinders these initiatives.
Extend corporate income tax rebate, M&A allowance to help ease rising business costs: SIATP
Tax professionals want these programs extended for several more years.
Local firms unlikely to invest in R&D on back of bleak business outlook
Mergers and acquisitions are also off the list.
Hail to the victor: DBS the runaway winner as interest rates rise
Thanks to its strong deposit franchise.
JPMorgan Asset Management Singapore clinches RMB investor licence
It can now trade in China’s securities market.
Provide tax incentives for SMEs’ overseas expansion in 2015 budget, government urged
Both EY and SMEC are echoing this sentiment.
Japanese bond issuers grab lion’s share of SGX bond listings in 2014
It was a record-breaking year for the SGD bond market both at home and abroad.
Number of loss-making SMEs tick up as restructuring pains intensify
Focus on SMEs in 2015 budget, SBF urges.
UOB cracks down on Lippo Group, seven others on back of massive Sentosa loan default
The loans are worth over $181m.
Singapore losing ground to Hong Kong in cutthroat tax competitiveness race
Tax treaties here need a quick upgrade.
Productivity and Innovation Credit scheme results ‘less than satisfactory’, says EY
The government should focus on this in the 2015 budget.