ING looks to expand non-interest income pillars in Singapore to buffer rate risks

[SINGAPORE] Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that means deeper investments in capital markets and advisory, and in transaction services. “We’ve made some …

Singapore kitefoiler Maximilian Maeder in coaching switch; wins silver at Youth European C’ships

SINGAPORE – With an eye on the future, Singaporean kitefoiler Maximilian Maeder has switched up his coaching set-up and is now training with the Swiss team. The move sees him working under Swiss coach Matthieu Girolet, with their first unofficial training …

Singapore loan levels still sustainable – not like in Norway

The average Singaporean maintains a healthier debt levels with households owing less than their annual earnings, when compared to many other countries, claims a survey by Quick Loan Pte Ltd. The debt level is in particular stark contrast to Norway where …

Enduring presence of vernacular media in Singapore not by chance, says Josephine Teo as Tamil Murasu marks 90 years

[SINGAPORE] The continuing presence in Singapore of vernacular mainstream media outlets such as like Tamil Murasu is not by chance, but a result of careful policy design, strong community support and continual efforts to innovate, said Minister for Digital …

Crypto exchanges eye Dubai, HK as Singapore clampdown prompts exodus

Major digital-asset exchanges are considering moves to Dubai and Hong Kong after Singapore introduced stringent new rules on overseas crypto activity, according to an executive based in the UAE’s International Free Zone Authority (IFZA). Last month the …

Lions stalwart Safuwan Baharudin returns to the Singapore Premier League after 14 years

SINGAPORE – The last time Singapore national team stalwart Safuwan Baharudin played in the domestic league, it was still called the S.League with teams such as Etoile FC, Singapore Armed Forces FC, Woodlands Wellington and Gombak United, while the iconic …

Johor-Singapore Special Economic Zone set to transform all 10 Johor districts, says Menteri Besar

KLUANG – The Johor-Singapore Special Economic Zone (JS-SEZ) will not benefit only Johor Bahru but also other districts like Kluang, said the state’s Menteri Besar Onn Hafiz Ghazi. He stated that the rapid and ongoing developments indicate that the zone …

‘Are you a high-class Indian or a low-class Indian?’ — Property agent asks woman who got ‘shocked’ for wanting to rent a ...

SINGAPORE: In a country that prides itself on multicultural identity and harmony, the sharp sting of racial discrimination still manages to slip through the cracks, especially in the rental property market, where minority renters in Singapore continue to …

Singapore aviary named after Rwanda's Nyungwe forest

Bank Of Singapore Launches New Asset Allocation Framework

The framework, which is the result of a year-long study and testing 120,000 portfolios, aims to deliver more consistent and risk-aware returns for investors.  The Bank of Singapore has launched a new systematic and risk-based Strategic Asset Allocation ( …