City Harvest case, flash floods tabled for Parliament sitting

HOME Affairs and Law Minister K. Shanmugam will state the Government's position on the City Harvest court ruling when Parliament sits on Monday...

The future of insurance

Data, data everywhere – and a revolution in the making for insurance. In an industry where information is everything, insurers are using Big Data to better price risk, nudge customer behaviour, and ease claims processing.

Willingness to pay taxes key to dynamic and inclusive economy: MAS chief

THE key to sustaining a dynamic economy in the face of an ageing population is inclusivity - and this means having a society that is willing to pay the taxes needed to support those left behind by globalisation and technological advancements, said Monetary Authority of Singapore managing director...

Stock markets could go higher still in 2018: DBS

THE bull market may be old but it is far from stale.

Strong fundamentals to support markets in 2018, but investors are skittish: DBS CEO

THE FUNDAMENTALS that underlie global economic growth are still strong, which will power financial markets throughout 2018, DBS chief executive Piyush Gupta said on Thursday.
BT EXCLUSIVE

New insurer Singapore Life acquires Zurich Life Sg and S$6b of coverage

SINGAPORE'S newest life insurer Singapore Life is acquiring the business portfolio of Zurich Life Singapore, the two firms said...

Local banks to gain in 2018 from rising rates, loans growth

RISING interest rates and healthy loan growth should boost local bank profits this year, even as concerns linger about their exposure to the troubled oil and gas sector, analysts said.

2018 likely to be a good year for markets: OCBC

THE threat of nuclear warfare notwithstanding, 2018 promises to be a fairly good year for financial markets, investment experts from OCBC Bank said on Thursday.

DBS and Chubb in 15-year insurance distribution deal

DBS Bank and insurer Chubb have signed a 15-year partnership, under which DBS will distribute Chubb's general insurance products to SME clients in Singapore, Hong Kong, China and Taiwan. ...

StanChart to retrain 3,000 staff in next three years

STANDARD Chartered Bank in Singapore has launched a plan to reskill and retrain more than 3,000 employees in three years to prepare them for future roles amid a changing financial industry, the bank said on Wednesday.
BT OUTLOOK 2018

Private banking to take on tech by using the human touch

IN the world of high finance, nowhere is the personal touch arguably more important than in the realm of private banking and wealth management.
US TAX REFORM

US move may nudge some countries to play catch-up on corporate tax rates

THE move by the United States to cut headline corporate tax rate to 21 per cent might trigger a review by other countries around the world as they look to stay competitive to foreign investors.
US TAX REFORM

Big boon for S'pore businesses with operations in US

THE cut in the United States' headline corporate tax rate is a big boon to Singapore companies operating there, but its impact on inbound investment flows remains to be seen, analysts say. ...

ABR to buy 50% of Bintan Lagoon Resort

ABR Holdings said on Tuesday that its wholly owned subsidiary, ABR Land, has entered into an agreement to buy 50 per cent of Bintan Lagoon Resort for S$65 million in cash.

ABR Holdings to buy 50% of Bintan Lagoon Resort

ABR Holdings said on Tuesday its wholly-owned subsidiary, ABR Land, has entered into an agreement to buy 50 per cent of Bintan Lagoon Resort for S$65 million in cash.

Fed rate hike dents USD; regional stocks hit by surprise BOC rate moves

REGIONAL markets declined and the US dollar weakened after the US Federal Reserve made a widely anticipated move to raise interest rates overnight on Wednesday (Singapore time).

Billion-dollar club averages 23% total returns year to date

SINGAPORE now has 105 stocks with market capitalisation above S$1 billion, the Singapore Exchange (SGX) said on Wednesday.

Billion-dollar stocks on SGX averages 23.1% total returns in 2017

SINGAPORE now has 105 stocks with market capitalisation above S$1 billion, the Singapore Exchange (SGX) said on Wednesday.

Citi Private Bank names four bankers to new roles

CITI Private Bank has appointed four senior bankers to newly created leadership roles following the retirement of Asia-Pacific chief executive officer Bassam Salem in October.

Citi Private Bank appoints four bankers to newly-created senior roles

CITI Private Bank has appointed four senior bankers to newly-created leadership roles following the retirement of Asia Pacific chief executive officer Bassam Salem in October.

Dow passes 24,000, giving positive lead to Singapore

THE Dow Jones Industrial Average closed above 24,000 for the first time on Thursday; the Standard & Poor's 500 Index also hit a fresh record, as a United States tax-reform plan moved closer to passage...

S'pore total market cap rises in November

A SURGE of interest in banking stocks and a few initial public offerings have helped drive market value in Singapore further past the trillion-dollar mark over the past month.

Robotics enables DBS to free up 25,000 man hours of menial work

ROBOTICS is helping to cut through the menial work involved in fighting financial crime at DBS Bank, which has collaborated with IBM in robotic process automation (RPA).

UOB fights change with skills upgrade for 900 customer-facing staff

A NEW Professional Conversion Programme (PCP) rolled out at United Overseas Bank (UOB) is a good signal that the financial services sector is serious about upgrading staff skills in the face of change, Second Minister for Manpower Josephine Teo said on Monday.

Parcel Santa gets delivery into condo residents' hands 24/7

JIM Huang was working in the last-mile delivery business when Singapore Deputy Prime Minister Tharman Shanmugaratnam inspired him to quit his job and start his own venture.