I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Wednesday 3 June 2015

DBS gets nod to set up branches in Australia, with first to open this month



By Rupali Karekar

SINGAPORE - DBS, Southeast Asia's largest bank, has received much-awaited regulatory approval to carry out banking activities in Australia, expanding its presence to 18 markets around the world.

The bank will open its first branch in Sydney later this month, which will be headed by DBS Australia Country Head Helen Yap, DBS announced in a filing with the Singapore Exchange on Wednesday. Ms Yap was formerly Australian general manager for OCBC Bank.

DBS is the only Singapore bank which does not have a presence in Australia. Rivals OCBC and United Overseas Bank have had branches in Australia for a while. OCBC has one in Sydney while UOB has a branch in Sydney and offices in Melbourne and Brisbane.

The new branch will provide corporate finance, trade finance, cash management and treasury solutions to Asian and international companies looking to expand Down Under or Australian companies looking for opportunities in Asia.


SINGAPORE - DBS, Southeast Asia's largest bank, has received much-awaited regulatory approval to carry out banking activities in Australia, expanding its presence to 18 markets around the world.
The bank will open its first branch in Sydney later this month, which will be headed by DBS Australia Country Head Helen Yap, DBS announced in a filing with the Singapore Exchange on Wednesday. Ms Yap was formerly Australian general manager for OCBC Bank.
DBS is the only Singapore bank which does not have a presence in Australia. Rivals OCBC and United Overseas Bank have had branches in Australia for a while. OCBC has one in Sydney while UOB has a branch in Sydney and offices in Melbourne and Brisbane.
The new branch will provide corporate finance, trade finance, cash management and treasury solutions to Asian and international companies looking to expand Down Under or Australian companies looking for opportunities in Asia.
- See more at: http://www.straitstimes.com/news/business/banking/story/dbs-gets-nod-set-branches-australia-20150603#sthash.hIaSqXtv.dpuf
Read? DBS gets nod to set up branches in Australia, with first to open this month

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