Wealth management hiring skyrockets in Singapore as Fintech push continues

26 Jul 2016 - Singapore Business Review
Investment banking jobs, however, are growing scarce. Singapore’s push to sustain its Fintech supremacy in the region is driving the hiring growth of financial services firms in the city-state. According to a report by Morgan McKinley, April saw the UK Treasury announced the launch of a ‘fintech bridge’ ...

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Singapore CPI extends pullback for 20th straight month with 0.7% dip in June

26 Jul 2016 - Singapore Business Review
On back of smaller slip in accommodation costs. Singapore’s headline Consumer Price Index (CPI) has extended its decline for the 20th straight month with dipped 0.7% YoY in June, compared to its 1.6% tumble in May 2016. According to a joint news release by the Ministry of Trade and Industry and the Monetary ...

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Would SATS' investment in automation pay off soon?

26 Jul 2016 - Singapore Business Review
Automation cost the firm $13.6m in capex. The airline solutions firm is going all in on its automation efforts, as it aims to reduce reliance on manpower and lead to improved operating leverage. According to a report by UOB Kay Hian, SATS’ capex rose by $13.6m as it invested in automation and an e-commerce ...
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A Mini Tour of Singapore's Largest Manufacturing Companies

26 Jul 2016 - The Motley Fool Singapore
Manufacturing makes up a good part of the Singapore stock market. But, just what is manufacturing? It is actually a broad category, covering anything from companies that make solar panels to medicines or oil rigs. A recent report provided some insights on Singapore’s largest manufacturing companies and ...
sgx:y92 sgx:^sti sgx:s51 sgx:v03 sgx:bs6 sgx:f34

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Mapletree Logistic Trust’s Latest Earnings: Distribution Holds Steady but Challenging Conditions Remain

26 Jul 2016 - The Motley Fool Singapore
Yesterday evening, Mapletree Logistics Trust (SGX: M44U) released its first-quarter earnings for its financial year ending 31 March 2017 (FY16/17). The reporting period was from 1 April 2016 to 30 June 2016. Mapletree Logistics Trust is a real estate investment trust (REIT) that owns 118 logistics properties ...
sgx:m44u

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Daily Markets Briefing: STI down 0.44%

26 Jul 2016 - Singapore Business Review
Brace for a pullback today. According to OCBC, the pullback on Wall Street overnight could see the STI extending its correction; this after the index gave up early gains to end 0.5% lower yesterday. But this did not come as a surprise, given that the local bourse looked toppish technically; and in our ...
sgx:^sti sgx:es3

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Chart of the day: Is the inflation picture finally bottoming?

26 Jul 2016 - Singapore Business Review
Core inflation accelerated to +1.1% in June. Singapore’s inflation picture may soon see an upward trend, as recent figures by the Monetary Authority of Singapore’s (MAS) leads analysts to believe that the inflation picture has likely bottomed. According to a report by OCBC, core inflation accelerated ...

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Daily Briefing: MAS damps speculation of policy easing; Singapore banks facing earnings stumble

26 Jul 2016 - Singapore Business Review
And SGX suffers as listing loses luster globally. Singapore’s central bank said its current monetary policy stance is appropriate and inflation may turn positive later this year, damping speculation of further easing. “Unless there is a marked deterioration in the global economy or significant shift ...
sgx:d05 sgx:o39 sgx:u11

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The Three Numbers That Service Genting Malaysia

26 Jul 2016 - The Motley Fool Singapore
Tucked under the wings of Genting Berhad (KLSE: 3182.KL; KLSE: GENTING) is Genting Malaysia Berhad (KLSE: 4715.KL; KLSE: GENM). It is the leisure and hospitality arm of the Malaysian conglomerate. Genting Malaysia’s interests include theme parks, hotels and gaming in Malaysia. It also operates casinos ...
sgx:3182.kl sgx:4715.kl sgx:g13

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4 Lessons for Investors to Learn from California Fitness’s Bankruptcy

25 Jul 2016 - The Motley Fool Singapore
For those of you unaware, the Hong Kong-based gym chainCalifornia Fitness had recently shut down its operations in Singapore, creating a big hoo-ha. This came after the chain had to end its business in Hong Kong after running into bankruptcy. In a previous article, I had touched on three possible reasons ...

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