mas lays plan to turn singapore global ins hub
By 2020, Asia is likely to account for almost 40% of the global market with annual growth of about 8% a year, according to Ravi Menon, managing director of the Monetary Authority of Singapore.
Singapore
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Singapore Life Ins Q3 new business premium
The life insurance industry in Singapore registered a 34% year-on-year growth in new business premium during July to September led by "healthy sales across all products", said the Life Insurance Association Singapore.
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mbmg to seek regulator approval to expand
MBMG Group, the Bangkok-based advisory firm specialising in advising expatriates, has said it intends to apply to the Singaporean financial services regulator for permission to expand its business in the city-state to include asset management advisory services.
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Singapore and China agree pact for RQFII currency trade
In a bid to strengthen cooperation on financial sector development and regulation, Singapore and China today agreed on series of initiatives that will further promote the international use of the Renminbi through Singapore.
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singapore asset mngr eastspring sets up in london
Eastspring Investments, the Asia asset management arm of Prudential, has opened a UK office aimed at targeting Asia investment expertise to prospective UK and European investors.
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secrets of investing now fund managers reveal all
These are not easy times for investors, with investment returns low, political and social unrest disrupting key regions of the world, and the spectre of inflation ever-present.
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preach importance of planning
When people are asked what they hope their retirement will be like, they use words like “freedom” and “happiness”, and describe being able to do things that they enjoy; but when asked how they actually expect their lives to be after they retire, many admit that things may not be quite as agreeable as envisaged.
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singapore malaysia thailand in fund sales pact
The Monetary Authority of Singapore, the Securities Commission of Malaysia, and Securities and Exchange Commission of Thailand have entered into an agreement to facilitate cross-border offering of collective investment schemes to retail investors in the three countries.
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expats in uae save less than singapore
Western expatriates based in the United Arab Emirates are less prudent than their counterparts in Singapore and Hong Kong when it comes to financial planning, according to a new study released today by Standard Life.
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one in twenty singaporeans will be a millionaire
Nearly one in 30 Singaporeans is a dollar millionaire a figure which is expected to rise to nearly one in 20 in five year’s time as the financial service sector grows and newly wealthy families from elsewhere in Asia flock to the island city state, according to a new report.
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eastspring appoints lou hk head of retail sales
Eastspring Investments, the asset management arm of Prudential Corporation Asia, has appointed Nathalie Lou as head of retail sales in Hong Kong.
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coutts names specialist in singapore
Coutts & Co has named Watty Buwanawati, a specialist in Indonesian private banking, to its Singapore-based private banking team, as it looks to expand its business in Indonesia.