Singapore
Chinese banks may ramp up lending amidst $63.62b additional liquidity
Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.
Chinese banks may ramp up lending amidst $63.62b additional liquidity
Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.
Daily Briefing: Sembawang Shopping Centre sold for $248m; Ambassador says Singapore could have lost appetite for TPP revival
And here's how you could be hit by the Fed's higher interest rates.
Singapore's industrial property market is bottoming out
Overall industrial leasing activity jumped 35% YoY in the first two months of 2018, the strongest since 2013.
Sheng Siong's 'bad' store locations are growth areas: RHB Research
Analysts see opportunities in outlets located away from malls such as Fernvale Street and Edgedale Plains.
Keppel REIT Q1 net property income down 0.6% to $31.22m
Its property income from 275 George Street crashed 26.5% to $3.74m.
Singapore on track to expand home and day care spaces for elders
It aims to add 10,000 local home care and 6,200 day care spaces by 2020.
Tax managers' median salary hits $130,000 amidst high demand
Moreover, 99% of CFOs are willing to award pay rises to an average of 25% to their finance staff.
Google Home launched in Singapore
It also launched a developer platform so brands can build services related to Google Assistant.
En bloc sale of Choon Kim House in Upper Serangoon Road launched at $55m
It can support 35 residential and 22 commercial units, assuming it gets a 60:40 mix.
Home prices of districts 1 & 2 beat other high-end districts
The average price of private condos in the two districts rose 9.3%, faster than the historical high of 6.2% in Core Central Region.
Economists worry over 4-month drop of Singapore's electronics exports
Singapore's non-oil domestic exports fell by 2.7% in March due to lower electronics exports.
Homegrown P2P lending platform Funding Societies raised US$25m
Its Series B funding round was led by Softbank Ventures Korea and Sequoia India.
Ascott REIT Q1 profits up 54% to $29.55m
Acquisitions like Ascott Orchard Singapore boosted its profits.
Nearly 4 in 5 Singaporeans open to branchless banking
It helps that digital banking penetration in the lion city is high at 97%.
Daily Briefing: Concerns rise as private mortgages surpass HDB loans; Temasek eyes stake in HNA's Hong Kong airlines
And here's how Catalist-listed production firm UnUsUaL struck a $25.8m royal deal involving the prince of Brunei.
APAC's bancassurers turn to blockchain to enhance offerings
CCB and AIA collaborated to offer blockchain-powered bancassurance products.
How open is Asia to branchless banking?
Approximately 55-80% of customers are considering opening an account in a digital-only bank.