SINGAPORE (REUTERS) – The International Bank for Reconstruction and Development, or World Bank, is exploring a potential issue of retail bonds in Singapore to boost interest in sustainable development bonds and tap the affluent population. In a briefing to potential investors last Tuesday (April 4), the multilateral institution said it was working with arranger DBS […]
Read MoreSINGAPORE: Singapore’s central bank is widely expected to keep policy steady next week, with the economy seen on track to meet the official full-year forecast despite an expected contraction in the first quarter. Eighteen of 19 analysts in a Reuters survey predicted that the Monetary Authority of Singapore (MAS) would keep its exchange-rate based policy […]
Read MoreBANK lending in Singapore in February gained from the month before at the strongest pace since November 2013, preliminary data from the Monetary Authority of Singapore on Friday showed. Bank lending grew 1.7 per cent in February 2017 from a month ago, compared to the flat growth in January. Loans through the domestic banking unit […]
Read MoreSINGAPORE: Even as regulators crack down on yet another round of consolidation among exchange operators, at least one major bourse is still keen to pursue deals. Singapore Exchange Ltd, which runs South-East Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with […]
Read MoreSINGAPORE – Singapore topped the list of countries where rich Indonesians stashed money and assets, according to figures on the country’s tax amnesty programme from its finance ministry this week. According to Antara News, the Taxation Directorate General said Singapore accounted for around 57 per cent or 84.52 trillion rupiah (S$8.86 billion) of funds repatriated […]
Read MoreSINGAPORE: Gold is poised to rally to levels last seen four years ago as rising inflation and negative real interest rates combine to boost demand, according to Incrementum AG, which says that the precious metal may be in the early stages of a bull market. Prices may climb to US$1,400 to US$1,500 an ounce this […]
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