Financial Services
Request for transparency for CACHE's $1.9m tax from IRAS
Request for transparency for CACHE's $1.9m tax from IRAS
CIMB also expects CACHE to distribute the amount over the four quarters of FY18.
2017 "a good year" for insurance as premiums kept low
The general insurance rate in 2017 moved between 7.5-12.5%.
Singapore toughens white-collar crime crackdown
The move follows high-profile cases like Singaporean financiers' link to the 1MDB.
Banks to start reporting results under IFRS 9
Banks are now required to set aside a minimum loss allowance of 1% on exposures, and excess will be recorded as capital.
Citi launches new China desk in Singapore
It aims to serve as a gateway to ASEAN.
DBS to redeem 3.1% $1b bonds
The notes are initially due 2023.
Guocoland to raise $350m from perpetual bonds
Distribution payments will be made at the rate of 4.6% per annum.
Should the Income Tax Act be amended to boost value creation?
In its 2018 budget proposal, PwC believes that the 150% tax deduction for R&D expenditure is hardly competitive.
3 in 10 Singapore firms did not disclose remuneration packages: study
The higher the remuneration, the less transparent the companies were in disclosing remuneration paid to top executives.
OCBC unveils $200,000 loans for small businesses
Businesses that have been operating for at least two years are eligible to apply.
MAS might tighten monetary policy: Credit Suisse
The appreciation path is likely to be very gradual at 0.5%.
Bowsprit Capital Corporation appoints Martin Lechner as independent director
He is also a member of audit committee.
DBS links payment apps to 7-Eleven stores
The apps were added to over 350 stores on 1 January 2018.
UOB's loan growth for 2017 poised to hit 6.2%
The recovery of the property market may help loan growth as well.
OCBC's loans may grow by at least 7% in 2018
Every 1-ppt increase in loan growth can mean 0.9% jumps in net profit.
UOB's asset management arm unveils digital advisory service
Clients can submit their financial information, obtain risk profile, and receive an investment portfolio proposal in minutes.
UOB to issue covered bonds worth $797.6m
The expected issue date is on 16 January 2018.
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