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finance
Redundancies & unemployment rate may remain elevated, warns MOM
SINGAPORE (June 13): The labour market outlook remains uneven across sectors, according to the latest labour market data released by the Manpower Research and Statistics Department, Ministry of Manpower (MOM).
June 13, 2017
Fintech
Silverlake Axis announces new banking solutions customer in Thailand
SINGAPORE (June 6): Silverlake Axis, the provider of software systems for financial institutions in Southeast Asia, has announced its receipt of a purchase order to implement its Silverlake Axis Integrated Banking Solution (SIBS) system at what it refers
June 06, 2017
In print this week
After making her fortune, Anna Haotanto wants to teach others more about investing
SINGAPORE (May 15): Anna Vanessa Haotanto became a selfmade millionaire at 29, an age when many people are still climbing the corporate ladder. She achieved this mainly by making smart investments and saving prudently.
May 12, 2017
Results
OCBC reports 14% increase in 1Q earnings to $973 mil
SINGAPORE (May 9): Oversea-Chinese Banking Corporation (OCBC) has posted a net profit after tax of $973 million for 1Q17, 14% above $856 million in 1Q16.
May 09, 2017
Global Economy
In Japan, zero public companies went bust in 2016
TOKYO (April 5): Corporate Japan achieved a rare feat in the fiscal year that ended last week. Not one of its almost 4,000 publicly-traded firms filed for bankruptcy protection.
April 05, 2017
Global Economy
Biggest Chinese banks' bad-loan challenge may finally be easing
SHANGHAI/HONG KONG (March 31): The bad-loan challenge for China’s biggest banks, which worsened steadily over much of the first half of the decade, may finally be easing.
March 31, 2017
Are Singapore’s millennials overly optimistic about their future?
SINGAPORE (March 2): Eight out of 10 millennial investors in Singapore are optimistic about their retirement prospects on the belief they will be able to maintain, if not improve, their current lifestyle after they retire.
March 02, 2017
Tech
One reason staffers quit Google's car project? The company paid them so much
SAN FRANCISCO (Feb 14): For the past year, Google's car project has been a talent sieve, thanks to leadership changes, strategy doubts, new startup dreams and rivals luring self-driving technology experts. Another force pushing people out? Money. A lo
February 14, 2017
Fintech
Miss Kaya targets Asia’s women investors with launch of fintech platform in Singapore
SINGAPORE (Jan 4): Assets under management (AUM) of automated wealth management services, otherwise known as robo-advisors, are projected to rise by 2,500% to US$489 billion ($708.3 billion) globally by 2020, according to data provided by financial servic
January 04, 2017
Singapore’s 4Q online hiring growth remains in the red
SINGAPORE (Nov 29): For the third consecutive month, Singapore has reported zero change in online hiring activity, says the Monster Employment Index (MEI) based on its data for October 2016.
November 29, 2016