Got money? Throw it at something!Tomorrow sees the 10th running of the Dubai Marathon, and before last year who knew this race had been going on for so long? Of course most of us did not know because until last year the race was firmly in the second-tier of city marathons, which are typically dominated by Kenyans (eight of the top 10 in 2007, six in 2006)) running around 2:10. Other races
SINGAPORE (AFP) - - Singapore sovereign wealth fund Temasek Holdings will retain its 18.8 percent stake in Standard Chartered after subscribing to a rights issue, the bank said in a statement...
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It was a great run for me, completing my 4th Full Marathon since my maiden Full Marathon in 2006. Overall, improved timing, bigger crowds, a change in design for the finisher tee ! It wasn’t just a local Singapore sports event, it is going international with different runners from all over the world coming to [...]
Tomorrow morning 7th December 2008 @ 0530 hours, I would be embarking on my 4th Full Marathon !
This is my goodie bag …… More updates when I returned from my Marathon !
Less than two weeks ago, Standard Chartered had targeted "excessive" speculation as the main cause behind the rising prices. They suggested a possible remedy would be the introduction of a 50 per cent capital gains tax on properties bought and sold within 12 months.Standard Chartered showed a premium of Dh1,950 per square feet for villas and for apartments, the price increases around Dh70 per squa
Less than two weeks ago, Standard Chartered had targeted "excessive" speculation as the main cause behind the rising prices. They suggested a possible remedy would be the introduction of a 50 per cent capital gains tax on properties bought and sold within 12 months.Standard Chartered showed a premium of Dh1,950 per square feet for villas and for apartments, the price increases around Dh70 per squa
Standard Chartered has released a report on Vietnam’s economy, saying that narrowing trade deficit and surge in FDI calm nerves over currency crisis.
This month’s report entitled “Vietnam – Immediate danger reduced, tough acts remain” was compiled by leading economists on Asia and Southeast Asia of the UK-based bank using latest data on trade balance, FDI and monetary policy.
Market se
Cao Huyen, a fixed-income trader at Standard Chartered Bank in Hanoi, comments on Viet Nam's dong- denominated bonds.
Benchmark bonds posted a 12th weekly decline on speculation the central bank may add to three interest-rate increases this year to curb inflation. The yield on five-year notes rose 2.02 percentage...
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The Jakarta Post talked to Standard Chartered group chief executive Peter Sands on the bank's plan to expand business here, and concerns for the community.The following are excerpts from the interview:Generally, by the benchmark of Standard Chartered banking in Indonesia, it's been a success story. We acquired the American Express Bank business here in Indonesia as well, so as to increase capabili
Standard Chartered Bank and the Fitch credit rating service have both issued reports lowering their outlook for Viet Nam's growth and anticipating a higher inflation rate and a weaker dong this year.
On Wednesday, Standard Chartered raised its expectations of Viet Nam's inflation hi 2008 from 17% to 23% and lowered...
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Standard Chartered Bank signed an agreement Wednesday with PT Shell Indonesia to offer clients gasoline price reductions at all 20 Shell gasoline stations in Greater Jakarta.The discount is only eligible for platinum and gold credit card holders, with 10 and 5 percent reductions respectively."This discount program will only be available every Tuesday and Thursday," Standard Chartered credit card b
The State Bank of Viet Nam has not made any official announcement on a wider dong trading band starting today, according to Standard Chartered Plc, which this year won a licence to open bank branches across the nation.
The Wall Street Journal reported today that the central bank has widened the currency's daily...
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Standard Chartered Bank has increased its stake in Asia Commercial Bank to 15%.
Standard Chartered acquired a 6.16-per-cent interest from the International Finance Corporation (IFC), raising its holdings from 8.84% to the maximum of 15% allowed to be held by a single foreign strategic investor.
Under the deal, the...
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Standard Chartered Plc, the U.K. bank that makes most of its profit in Asia, raised its stake in Asia Commercial Joint Stock Bank (ACB) to fifteen per-cent to tap growth in Viet Nam.
The London-based bank bought an additional 6.16% of shares and 7.10% of convertible bonds from International Finance Corp., the company...
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Viet Nam should ensure the exchange rate for the dong is balanced against the need to reduce its burgeoning trade deficit, warns Standard Chartered Bank in its latest report.
"We expect the USD/VND to move sideways in coming months until the trade deficit situation improves," the bank’s senior Southeast Asian researcher, Tai Hui, writes in the report.
The economist forecasts a USD/VND surge to
Two foreign financial groups, Hong Kong and Shanghai Banking Corp (HSBC) and Standard Chartered Bank (SCB), which have been approved in principle by the central bank for establishing 100%-foreign-owned subsidiaries in Viet Nam, are hastily completing application procedures on establishing fully-foreign-owned...
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Standard Chartered has become the second foreign bank to establish a wholly-owned subsidiary in Viet Nam supplying all banking services in line with the country’s commitments to the World Trade Organization.
HSBC, also based in London like the Standard Chartered Bank, is the first foreign bank to do this. Vietnamese...
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Standard Chartered Bank is bulking up its in-house derivatives expertise across the globe.The bank snared derivatives associate Belle Chan-Moffat from Stephenson Harwood for its London team at a time when most banks are cutting staff rather than recruiting.A source close to the bank said: "There's been significant growth in the commodity derivatives market, particularly in the emerging markets. Because the bank is prominent in various emerging markets, including the Middle East and Asia, it's become a big part of the business."During the next year the bank plans to recruit derivatives lawyers in Dubai, New York and Singapore.Earlier this year (1 October), The Lawyer reported on the dearth of derivatives lawyers in the legal market.The source said: "Good derivatives lawyers are few and far
Standard Chartered Bank is one of the oldest banks in Indonesia. Operating since 1863 in Batavia, It has 14 branches in 7 largest cities in Indonesia; Jakarta, Surabaya, Bandung, Semarang, Medan, Surakarta and Denpasar. This makes Standard Chartered Bank one of the fastest international banks with the largest geographical footprint in Indonesia.
Standard Chartered Bank is focused on being the
Standard Chartered, the leading international bank in UAE has announced their entry into an Escrow Account Agreement with Dubai Land Department (DLD).Through this agreement, Standard Chartered will be formally authorized as an approved bank for opening and managing Escrow accounts of property developers registered with DLD.This makes Standard Chartered as one among the other few banks in UAE to provide both Islamic Banking Escrow Accounts and Conventional Accounts, thereby giving a wider choice for potential property investors.The signing ceremony at the DLD office, involved the participation of Sultan Butti bin Mirjin, the Director General of DLD, Nigel Jones, the CEO of Standard Chartered-UAE, and Sultan al Suwaidi, Chief Advisor of Standard Chartered-UAE.Mirjin said "The Dubai Land Department has adopted a practical approach for development of existing legislation in the real estate sector of the emirate to ensure the safety of investors and to boost their confidence levels in this
Standard Chartered, which earns most of its profit in Asia, is negotiating for a stake in UTI Securities to increase its retail banking business in India, said Murali Natrajan, regional head for consumer banking.
The British bank, which started its private banking business in India on Friday with 200 clients with assets of more than $1 million each, expects the number to increase to 1,000 by the end of next year. The bank also plans to double the number of relationship managers in India to 50 from 25, he said.
“Equity broking will be an important product in our wealth management and private banking, and we need to complete the gap,” Natrajan said Friday. “It’s a strategic initiative, and at this stage, we can’t say anything more.”
Banks in India, including Standard Chartered, Citigroup and Merrill Lynch, seek to offer services to the rising number of affluent people in the world’s fastest-growing major economy after China.
India’s $
Day before yesterday I went to SCB (Standard Chartered Bank) ATM Booth to draw 20K BDT at a time. The ATM Booth was working fine, it returned my ATM/Debit Card then printed a slip where i got it Updated up to my recent transaction. But suddenly what i saw the money was not coming at all. Then the machine showed me a message "We regret ......" Don't remember the exact line, but the problem seemed to me that the ATM has no more balance to serve my money. What i tried for 2nd and even 3rd time. And these times the problem showed just after giving getting the PIN numbers from me. Shows that "We regret.... " What the heck? I have to pay cash to my friend while it's about 6:oo pm in Bangladesh Time. Ok! Let's go to the Gulshan-2 Booth from Gulshan-1. We left the Gulshan-1 booth beside the Abacus, and now on our way to Gulshan-2. After reaching there and inserting my card and PIN number is shows the same message again! God! What the prb? Is this booth again empty of Money? Why it's regret
Standard Chartered Plc recommends investors buy the Indonesian rupiah because the central bank will allow the currency to strengthen. Investor inflows into the nation's stocks and bonds have helped the rupiah appreciate 3.8 percent this month, the best performance in the world. Bank Indonesia Deputy Governor Aslim Tadjuddin said today the currency's rise is positive for the economy. Finance Minister Sri Mulyani Indrawati said a strengthening rupiah will help slow inflation and boost growth. ``There appears to have been a change in foreign-exchange stance by the Indonesian authorities,'' wrote Standard Chartered currency strategists, led by Callum Henderson in Singapore, in a research report today.
Info lowongan pekerjaan, karir (job and career vacancy opportunity): MBA RecruitmentAre you looking to join an established, successful company with international opportunities? Do you seek rapid development and high reward? If so, the Standard Chartered MBA Programme could be for you. As a truly international bank, we have leading positions in the world's most vibrant economies and offer unrivalled opportunities for personal growth and career development.Bringing out the bestOur MBA Programme can take you where you want to go. The programme starts with world-class induction, gives you regular exposure to senior leaders, and helps you identify your unique strengths and talents - so you can make the most of what you do best. A personal development plan and professional training will be backed by a comprehensive support network, including a career sponsor from the Business Leadership Team - one of the Bank's most senior executives. You will quickly assume a challenging front-line leader
Info lowongan peluang lamaran kerja, karir, pekerjaan terbaru (latest info job career vacancy opportunity):You want a great place to workWe can take you thereStandard Chartered Bank is one of the oldest banks in Indonesia. Operating since 1863 in Batavia, Standard Chartered Bank Indonesia has 13 branches in 7 largest cities in Indonesia: Jakarta, Surabaya, Bandung, Semarang, Medan, Surakarta and Denpasar which makes Standard Chartered Bank as one of the international banks with the largest geographical footprint in Indonesia.At Standard Chartered Bank, we'll develop your individual strengths, and provide challenges that stretch your abilities. We'll give you responsibility and opportunity to exert real influence - allowing your leadership skills to flourish early on. We lead by example - applying our judgment, integrity and personal ethics to everything we do.We are looking for some candidates to be our : Direct Sales As Direct Sales of Standard Chartered Bank, you will be wo
Standard Chartered is focused on being the world’s best international bank, by being the Right Partner to our customers and attracting and developing the best people to work together across our global network.
Our International Graduate Programme offers world class development. It celebrates diversity & inclusion, open mindedness, original thought, diversity & ambition – qualities t