See wealth from a new perspective. Located in Singapore’s Central District, Citi has opened its largest wealth advisory hub globally, dedicated to Citigold and Citigold Private Clients. Citi Wealth Hub at Orchard Road delivers unprecedented innovation to the high net-worth banking experience. Citi Wealth Hub incorporates a thoughtful biophilic design that inspires conversations as Citi clients engage with their dedicated Relationship Manager and also a team of Product Specialists in one collective locale.
Citi Wealth Hub has a lush thriving indoor conservatory to host bespoke lifestyle events, investment workshops and more for its clients. It occupies an area of 30,000 sqft across four floors and has over 30 client advisory rooms, as well as flexible office and event spaces.
Previously known as Yen San Building, Citi Singapore had a branch on the very same premise at 268 Orchard Road from 1988 to 2005.
The new wealth hub is a key part of Citibank Singapore’s multi-year growth plan and evolving retail strategy, where Citi continues to serve customers’ simple transactional needs digitally together with a wealth advisory hub for deeper wealth conversations. Currently, nearly 90% of the bank’s retail banking customers are using digital platforms for their daily banking needs, while fewer than 1% of transactions occur in Citi branches.
Taking the necessary safe distancing measures and the “new normal” into account, an anti- microbial coating will be applied on all high-touch surfaces and safe distancing of at least 2 meters will be enforced. All rooms will also be disinfected after each use, and plexi guard shields will be installed throughout the wealth hub.
Asian Development Bank (ADB) has opened its Singapore Office which marks a new stage in the expansion of ADB’s private sector operations. It will be a lean and focused office comprising 12 specialists from ADB’s Private Sector Operations Department (PSOD) and Office of Public–Private Partnership, working in a range of sectors including infrastructure, financial institutions, agribusiness, health and education, trade finance, private equity, and cofinancing. The office is led by Sonali Tang, who has worked at ADB for 5 years in various senior roles.
ADB’s private sector operations promote the investment of private capital for development purposes. Last year, PSOD completed 38 transactions, around one-fifth of ADB’s total operations by number. ADB aims to increase this to one-third of total operations by 2024. The office will make it easier for ADB to efficiently engage with clients, project sponsors, contractors, advisors, financiers, other international finance institutions, and professional service providers.
Singapore was a founding member of ADB in 1966. It borrowed from ADB until 1980 and graduated formally from borrowing in 1998. Since 2001, Singapore has contributed to ADB’s concessional fund, the Asian Development Fund, as well as the Technical Assistance Special Fund. In 2012, ADB and Singapore signed a memorandum of understanding to enhance knowledge sharing and cooperation in governance and public policy, private sector development, climate change, and infrastructure and urban development. Singapore is an active participant in the ASEAN Infrastructure Fund that is supported by ADB.
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.
HSBC Bank (Singapore) has opened its 2nd Jade Centre at Jewel Changi Airport to further cater to the growing international retail banking and wealth needs of its affluent customers who live and/or bank in Singapore.
HSBC Jade Center is equipped with amenities such as private rooms, complimentary wifi and beverage options. HSBC clients can look forward to performing their banking conveniently in a private environment with their HSBC Jade Relationship Managers or simply just relax in the lounge before moving on to their next destination.
Jade is HSBC’s affluent proposition for individuals who have at least SGD1.2 million in cash and/or investments with the bank. Geared especially for customers with international needs, Jade provides personalised investment solutions and advice, and global concierge services.
The newly-opened Singapore Botanic Gardens Seed Bank is an important step in safeguarding plant biodiversity in Southeast Asia through conservation, research and education. Collecting seeds for storage helps to build a valuable resource for habitat restoration and species conservation. But different seeds need to be stored in specific conditions, hence the Seed Bank will advance extensive research in this area. Go learn about seeds and the science of seed storage at a new interpretive gallery and outdoor garden!
CapitaLand has unveiled the highly-anticipated design of One Pearl Bank perched atop the verdant Pearl’s Hill. The development comprises two gently curving 39-storey towers linked at the roof by dramatic sky bridges. The slender, curved facades create a light and airy effect, providing ample space for residents and onlookers to look out and through the towers to admire the stunning views atop the hill. Towering at 178 metres, One Pearl Bank will be the tallest residential development in the Outram-Chinatown district in Central Singapore, offering panoramic views that extend from the Central Business District to Sentosa.
Designed by multi award-winning Serie+Multiply, a joint venture between London-based Serie Architects and Singapore-based Multiply Architects, the new scheme elevates the concept of high-rise living with a total of 774 apartments. It will support more urbanites in leading their dream city lifestyles at this prime location, in line with the Urban Redevelopment Authority’s vision to develop more homes in Singapore’s Central Area. A wide selection of unit types from studio apartments to penthouses, ranging in size from approximately 430 to 2,800 sq ft, will be made available.
Adding to its allure, One Pearl Bank will feature a world-first – a series of sky allotment gardens arrayed vertically at one edge of each tower. With each tower featuring an allotment garden every four storeys and each garden housing 11 plots, One Pearl Bank will have a total of 18 sky allotment gardens with close to 200 plots where residents can grow their own herbs, fruits and vegetables. The beautifully-appointed allotment gardens not only support urban farming, they offer spaces to promote community bonding. Visible from the city centre, they make a powerful visual statement on One Pearl Bank’s biophilic design that integrates nature to enrich residents’ quality of life. These allotment gardens are further complemented by two sky terraces and two roof gardens across the two towers and a sunken planter in every balcony to maximise the greenery on the development’s facade. Read more about this exciting project here.
The Singapore Botanic Gardens’Seed Bank is Singapore’s first seed bank and will conserve the seeds of threatened plant species from Southeast Asia. Works for the seed bank are expected to be completed by mid-2019.
The seed bank will play a key role in conserving plant diversity in the region and ensure the growth of the Singapore Botanic Gardens’ plant collection. The seed bank will have the capacity to store seeds from up to 25,000 species of plants. This is around half the total number of seed plant species in Southeast Asia, and nearly triple the 9,000 species of plants that the Gardens currently has in its living collection. When established, the seed bank targets to achieve 100 seed collections per year.
The facility will be established in House 4, the largest of five colonial-style houses within the Raffles College. Originally named Mansfield Lodge, it served as the college president’s residence when it was built in the 1920s. This house was designated as a Conserved Building in October 2006. Read more about this project here.
Kids Performing Academy of the Arts is a school developing children in the art of performing. Courses in performance training include singing, dancing, acting and stage performances.
Kids Performing also creates and produces young artistes and groups for performances.
They have courses for students of all ages, from pre-schoolers to adults. Kids Performing has developed trademarked courses JazzKids, UrbanKids BroadwayKids and TeenStars. These courses produces quality performing groups that perform regularly in events and in concerts. TeenStars is a program for teens’ training in musicals, plays, television and stage performance. Pre-school children age 3-6 years old attend performance training classes TwinkleStars and PopStars.
Kids Performing Academy also conducts a successful program in preparing primary school students towards Direct School Admission auditions and interviews.