Financial Services

Managing Director of Uni-Asia Finance retires

Mr Kitaro Onishi was responsible for property fund management and investments of the Group.

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.

63% of Chinese women lead financial planning in households

It’s mom who gets a say on how to spend the family income.

DBS joins forces with SingPost to add number of banking outlets to 140

Alliance offers greater banking convenience to customers of both companies.

What secrecy? Transparency is the way to protect your wealth

Looks like confidentiality has gone obsolete as wealthy families may just place a greater emphasis on proper tax planning than on banking secrecy.

Institute of Certified Public Accountants of Singapore launches financial guide for SMEs

The guide for financial reporting is an optional standard effective for annual periods beginning on or after 1 January 2011.