Topic of Interest: #HSBC (23 Articles Found)

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Sabana REIT not negligible in duties: trustee

HSBC Institutional Trust Services (Singapore), trustee of Sabana REIT, claims that nothing suggests that the Sabana manager has breached or failed to comply with relevant trust deed provisions of the Sabana REIT and ESR-REIT proposed merger. The statement…

HSBC Singapore staff finally start moving into new headquarters as economy reopens

The start of the second phase of the country’s reopening on Fri has finally allowed HSBC Singapore to step up its move to the top floors of MBFC Tower 2. The bank announced the relocation of its head…

HSBC Singapore adopts phased reopening of branches

HSBC Bank (Singapore) is adopting a phased approach to the resumption of its branch operations, beginning with the re-opening of its Hillview and Holland Village branches on 2 June. To date, eight HSBC branches are now in operation.…

How SMEs can transform and go green for the future

There are two main groups of SMEs in Singapore when it comes to the subject of green. The first are “pure-play” green businesses, those which are creating new business models to respond to the growth in environmental awareness…

HSBC Singapore floats relief measures for mortgage, credit card customers

HSBC Singapore has launched a series of support measures for its mortgage and credit card customers amidst the financial disruption caused by the COVID-19 outbreak, the bank announced. Property loan customers in Singapore can choose to defer repayment…

Switzerland takes top spot from Singapore as best place for expats to live and work: HSBC survey

Switzerland has dethroned Singapore as the best place for expats to work and live, according to the HSBC Global Report. Singapore, who has remained top of the rankings for the last four years, has dropped to second while…

Singapore is the fifth most property-obsessed nation

Singapore is ranked as the world’s fifth most property-obsessed nation with residents spending over 3.2 hours conducting property research, according to a report from HSBC. The UAE holds the title as the world’s most property obsessed country with…

HSBC will unveil its revamped Singapore flagship soon – and it will be the first in region to have the bank’s exclusive Jade service that’s open only to the rich

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British bank HSBC’s flagship at Claymore Road in Orchard will soon be reopened with a luxury facelift, and it will come with a new centre dedicated to serving the bank’s high-net-worth clients here. The new Jade Centre is…

S’pore is best country to live for expats for 4th year running, but work-life balance a concern: HSBC survey

For a fourth straight year, Singapore is the country of choice for expatriates, although its high cost of living and poor work-life balance were noted. The Republic scored well across a broad range of measures — 3rd place…

HSBC Singapore announces head office move to Marina Bay Financial Centre by Apr 2020

HSBC Singapore today announced plans to relocate its head office from Collyer Quay to Marina Bay Financial Centre (MBFC) Tower 2, where it will occupy approximately 140,000 sqft over the top floors of the 50-storey building. HSBC Singapore…

HSBC’s rent in 21 Collyer Quay climbed 36% to $27.7m after lease extension

CapitaLand Commercial Trust (CCT) has signed a one-year lease extension for its entire 21 Collyer Quay property with HSBC. The new lease will start on 30 Apr 2019, with total rent payable by HSBC amounting to $27.7m. The…

Millennials faring better in real estate ownership

Millennials – those aged 21 to 36 – are more likely than most generations here to own multiple properties while also being the quickest to save for housing deposits. The findings from new research note that this group…

2 in 5 millennials want to buy multiple homes

Two in five (43%) millennials in Singapore expect to be multiple property owners. They are also the quickest savers in terms of housing deposits, an HSBC research revealed. More than half (54%) of the respondents aged 21 to…

S’pore remains top expat destination for third year running: HSBC

The Republic has again been rated by expatriates as the best country in the world to live and work in, and is the only country in Asia to be in the top 10, in the latest annual HSBC…

Infrastructure the key for S’pore in Asean’s second 50 years

Singapore’s future prosperity depends heavily on the intl channels that it builds and the itnl partnerships that it nurtures. And infrastructure will be key to both of these. As Asean turns 50 and Singapore 52, it is a…

Can Singapore millennials afford to buy a home?

A recent survey by CBRE found that almost two-thirds of APAC millennials are still living with their parents and 18 per cent have no plans to move out, with unaffordable real estate cited as the common factor. So…

Even in S’pore, it makes sense to pour money into infrastructure

The Romans were obsessed with building roads, and rightly so, as they ensured the swift movement of goods, people and information and helped unite the empire. Fast forward to the 21st century and government focus on infrastructure building…

There’s still some hope left for Singapore REITs

Times have been tough for Singapore’s REITs. Rents have been steadily falling for most sectors, while share prices have crashed in tandem with global market volatility. However, analysts at HSBC believe that long-term investors will do well to…

Reit dividend growth outlook dismal: HSBC

The growth of Reit dividends is expected to slow down in the coming few years due to the unfavourable supply-and-demand outlook across various property sub-segments: office, retail, hospitality and industrial, HSBC said at a seminar on Tues. The…

1 in 2 S’poreans say mortgage prevents them from saving for retirement

Almost one in two working Singaporeans say that paying off their mortgage and other debts are the biggest barriers in preventing them from preparing for retirement. In an annual global report by HSBC, more than half (53 per…

Sluggish private consumption to worsen as property prices slip further

A continuing weakness in the residential property market is expected to exacerbate the country’s stagnant private consumption. According to HSBC, private consumption is expected to be a slight drag on growth, which can be worsened by an anticipated…

HSBC opens high-tech flagship branch on Orchard Road

HSBC on Mon announced the launch of its flagship branch at Liat Towers on Orchard Road. Customers can begin banking there on July 1. The bank said the flagship branch has 12,000 sqft of floor space, staffed by…

S’pore the safest place for expat children: HSBC survey

With one of the world’s lowest crime rates, Singapore has been ranked by expatriate parents as the safest place to raise children abroad, revealed HSBC’s Expat Explorer Survey 2013. Now in its sixth year, the study polled over…

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