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  • November 28, 2014
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Results 1 - 10 of 13 for financial services

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  1. Property - International - SINGAPORE

    Singapore home curbs likely to fuel fire sales

    Posted Nov 19th 2014, 04:41am by Bloomberg

    ... Bloomberg in Singapore Owners under pressure to service mortgage loans amid a decline in prices and rentals Housing curbs likely to fuel fire sales Singapore's housing market may face ... difficulty servicing their loans, possibly leading to forced fire sales," the company said, adding that the curbs would "weigh heavily on the market". The government said last month ...

  2. Property - International - SINGAPORE

    Singapore home prices fall as cooling measures hit property market

    Posted Oct 02nd 2014, 05:12am by Bloomberg

    ... rates raised concerns of a housing bubble. The government unveiled new rules in June 2013 for how financial institutions grant property loans to individuals. Under the new rules, mortgages should not push a borrower's total debt-servicing ratio above 60 per cent and those that do will be considered imprudent. Mortgage loan growth at 7 per cent in July was the slowest pace ...

  3. Business - Economy - SINGAPORE

    Singapore GDP grows faster than expected

    Posted Feb 20th 2014, 03:42pm by Reuters

    ... Reserve is expected to continue to scale back its monetary stimulus, known as quantitative easing. “The only downside is in the financial sector. The fear of QE tapering is still dominating the market. It will have some impact on trading volume and performance in the financial services sector,” said Irvin Seah, a DBS economist in Singapore. Singapore’s central bank is expected ...

  4. News - Asia - SINGAPORE

    Singapore banks told to boost security after StanChart data theft

    Posted Dec 06th 2013, 06:13pm by AFP

    ... Agence France-Presse in Singapore Singapore’s central bank has called on financial institutions to tighten up cyber security after a database on elite customers of Standard Chartered Bank ... district website of Prime Minister Lee Hsien Loong. The Monetary Authority of Singapore (MAS) said in a statement it has “reminded all FIs (financial institutions) to heighten their vigilance ...

  5. News - Asia - SINGAPORE

    Astro tycoon Ananda Krishnan wins US$250m compensation in Singapore High Court

    Posted Oct 24th 2012, 12:00am by Agence France-Presse in Singapore

    ... Arbitration Act if the outcome is an adverse award on the merits," she wrote. Riady is the deputy chairman of Lippo Group, a conglomerate with assets in media and financial services, and the son ...

  6. News - Asia - SINGAPORE

    Wealth manager says sorry after poor people rant incurs wrath in Singapore

    Posted Jan 22nd 2014, 11:48pm by AFP

    ... people" has apologised after his Facebook posts sparked an online furore. Anton Casey, 39, a senior wealth manager in the financial sector, had also referred to washing "the stench of public ... is your car & who are all these poor people?" Another showed a waving boy sitting inside a Porsche, with a caption saying: "Ahhhhhhhh reunited with my baby. Normal service can ...

  7. News - Asia - SINGAPORE

    Singapore's bureaucrats must declare casino visits in bid to stop graft

    Posted Oct 02nd 2013, 12:00am by AFP

    ... four times a month, or if they purchase an annual pass that allows unlimited access, the government's Public Service Division (PSD) said. Government officials in certain positions where "misconduct will have significant reputational risk to the Public Service" must declare every visit within seven days, it said in a statement yesterday. Civil servants involved in gaming ...

  8. Property - International - SINGAPORE

    Singapore home sales slide to lowest level since December 2009

    Posted Aug 21st 2013, 12:00am by BLOOM

    ... financial institutions grant property loans to individuals. "Prospective homebuyers are exercising caution in their capital outlay before they make the property purchase," Alice Tan, head ... a borrower's debt into consideration when granting property loans, the Monetary Authority of Singapore said on June 28. Home loans should not exceed a total debt-servicing ratio of 60 per cent ...

  9. News - Asia - SINGAPORE

    Singapore anti-graft official charged with fraud

    Posted Jul 24th 2013, 03:24pm by AFP

    ... S$370,755. Deputy Prime Minister Teo Chee Hean, who is also the minister in charge of the civil service, expressed concern that a senior anti-corruption officer was charged with fraud. He said ... is understandably concerned about whether this reflects systemic issues in the public service.” One of the recent high-profile cases involved Peter Lim, former head of the country’s civil defence force, who ...

  10. News - Asia - SINGAPORE

    Singapore's old order ready for fall, says candidate Tan Jee Say

    Posted Mar 24th 2013, 12:00am by Toh Han Shih

    ... for financial institutions like Standard Chartered Bank after leaving public service. For the upcoming general election in 2016, Tan said: "I will probably join a broad-based political party ... services," Tan said. He related an incident where a middle-aged woman approached him while he was campaigning two years ago. The woman, a waitress in a restaurant, told him: "Five years ago, ...




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