03/31/2020
Despite estimates from Treasury and the Actuaries Institute placing the withdrawals at a total of around $27 billion and $25 billion respectively, Rice Warner has forecast the raids will reach up to $40 billion to $50 billion as unemployment rises.
03/31/2020
In reference to the Cabinet’s resolution at the meeting on 24 March 2020, approving the implementation of the Executive Decree on Public Administration in Emergency Situations to tackle the spread of the novel Coronavirus (Covid-19)
03/31/2020
The MPFA spokesperson points out that the Hong Kong government introduced a package of measures in late February to address financial difficulties caused by the pandemic.
03/31/2020
The measured adjustment to the policy stance was assessed to be appropriate given muted inflationary pressures.
03/31/2020
The firm states that it is actively expanding its global footprint and has established a strong presence with offices in Hong Kong, Jersey, New York, Silicon Valley, Vancouver, Melbourne, and now Singapore.
03/31/2020
As part of Australia's fiscal stimulus package worth 10% of its gross domestic product, the government this month announced measures allowing workers to take up to A$20,000 out of their superannuation savings over the next two years in response to th
03/31/2020
PBOC’s continuous issuance of RMB Bills in Hong Kong SAR helps further cultivate the range of high credit rating RMB investment products and RMB liquidity management tools in Hong Kong SAR
03/31/2020
The major drawback is the lack of a statutory moratorium of legal claims against the company, and any creditor not contractually bound could petition to wind up the company and derail the restructuring efforts.
03/30/2020
Noah Holdings Singapore is a wholly owned subsidiary of Noah Holdings Limited, which is based in Shanghai, China.
03/30/2020
This latter piece will demand Okuda’s attention as he takes forward a sweeping overhaul of Nomura even with the outbreak creating fresh challenges.
03/30/2020
Challenger is also currently redeeming absolute return fund holdings, which is expected to complete by end of this month.
03/30/2020
The measures also clarify the responsibilities of trust companies, including during a change in equity, on equity-related affairs and also in managing shareholders’ behaviour.
03/30/2020
The court ordered the regulator and Westpac to produce a partial statement of agreed facts and admissions, despite protests by AUSTRAC.
03/30/2020
Meanwhile, several corporate brands have come up with innovative ideas to promote the message of social distancing at the time of the public health crisis.
03/27/2020
Singapore is one of the first economies to report growth data since the virus outbreak began, and the dismal figures add to signs the world is heading for a deep, painful recession with more than three billion people now under lockdown.
03/27/2020
The Labuan IBFC Community is deeply concerned about the growing scale of the COVID-19 pandemic and its social and economic impact, particularly on Labuan island.
03/27/2020
One superannuation member the scammers would not have hoped to answer their unsolicited calls is Argurion Finance Group principal Chris Craggs.
03/27/2020
They use COVID-19 as the theme to lure victims into opening malicious attachments or visit fraudulent websites to disclose personal information or credit card details.
03/27/2020
In May 2019, Martin pled guilty to offences that saw him dishonestly obtain $208,000 in client funds.
03/27/2020
It aims to support more stable USD funding conditions in Singapore, and facilitate USD lending to businesses in Singapore and the region.