News
Chart of the Day: NPL ratio for housing to stay within 0.4%-0.5% in 2020-21
Chart of the Day: NPL ratio for housing to stay within 0.4%-0.5% in 2020-21
Mortgage rates are not expected to rise in the near future.
The rest of Central Region could be 2020's property hotspot
New launches in this region accounted for 47.5% of all new launches – despite it only occupying 15% of Singapore’s land area.
Investment banking fees hit record-breaking $1.17b in 2019
DBS Group clinched 11.8% or $138.79m of the total fee pool.
Here's how this architecture firm designs for the world's luxury hotels brands
Brands like Raffles even get BLINK Design Group to design their overseas properties.
Less than half of finance leaders report KPIs on company culture
Over seven in 10 have enough data to provide such insights to stakeholders.
Another investor steps in to buy Hyflux's debts for $1.8b
Eligible creditors may tender Aqua Munda’s offer from 30 December to 10 January 2020.
Cromwell European REIT sells 12 properties in Europe for $73m
The divestment is set to increase the company’s net asset value.
ThaiBev denies selling its Vietnam business
Such claims from various media sources are said to be “false and without merit”.
Daily Markets Briefing: STI up 0.27%
YZJ Shipbuilding led the gains amongst top active stocks with a 1.87% jump.
Chart of the Day: Mortgage lending to climb 2% in 2020 and 2021
Slowing population growth and the possibility of cooling measures will limit growth.
Daily Briefing: RPA startup Glee Trees bags undisclosed funding; sustainable products firm The Nurturing Co raises seed funding
And ARA, Straits Real Estate and ICBC International will buy a retail mall in China.
Home prices growth tipped to remain at 2% in 2020-2021
Most Asia Pacific countries saw a continued use of macroprudential measures in 2019.
Nearly 1 in 3 millennials prefer cashback cards
Cashback cards are preferred due to their instant benefits.
Over half of bosses bullish about growth in 2020
In fact, 40% of businesses across IT and finance plan to add new permanent positions to their teams.
18% of investors fear their savings are insufficient for retirement
And yet, a lot of investors think withdrawing 10% a year will not deplete their funds.
Wealth and retail drive 60% of Singapore banks' fee income
DBS and OCBC’s private wealth AUM grew 15% CAGR in the past 6 years.
HSBC Singapore launches new retail banking, investment platforms
Its financial planning and tracking app will have risk and scenario analysis functions.
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