DBS Private Bank was ranked ninth in the ranking of wealth managers for the rich, followed by Bank of Singapore at number 10.
The budget carrier says the loss was due primarily to one-off charges amounting to S$161.1 million, resulting from the subleasing of surplus aircraft and exit from Tigerair Australia.
The departure of Mr Wong Heang Fine, CEO of CapitaLand Singapore (Residential), comes after the resignations of the property group’s deputy chief executive and the head of shopping malls.
The 0.9 per cent rise comes after a 6 per cent expansion in the previous month, and was driven by an increase in non-electronic exports, trade agency IE Singapore says.
Singapore's Prime Minister Lee Hsien Loong said there is a lot of synergy between the two regions, and that Asia and Europe start from a good base to deepen cooperation.
During the two-day summit, political leaders aim to further strengthen ties and economic cooperation, as well as partnership in areas such as sustainability.
Of the 120 firms polled, 72 per cent believe that Singapore's economy is improving, a sharp climb from 31 per cent in the previous survey.
The number of M1 customers fell to 1.9 million in the third quarter from 2.1 million a year ago, resulting in a drop of market share to 23.9 percent from 25.6 per cent.
A better quality of life and lower cost of living were cited among the key reasons for choosing to retire overseas, with countries such as Australia and Malaysia emerging as popular retirement destinations for Singaporeans.
New centre by the US management consultancy is said to provide research, bench-marking tools and technology-based solutions to help companies drive productivity. It is an initiative under the McKinsey Innovation Campus, a partnership with the EDB.