SINGAPORE (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares down 3.2 ... ( read original story ...)
POSB trials cashless programme for seniors
She does not have to constantly top up the amount in the free contactless ATM card she received from POSB because it is linked to her bank ... trial by the bank to get senior citizens on board Singapore's cashless drive. They were each given an ATM card ... ( read original story ...)
DBS Group Holdings Ltd’s Profit Soars in 2018’s First Quarter
With banks in Singapore’s stock market among the top gainers over the last two years, there is understandably considerable interest in them when they release their earnings updates. DBS Group Holdings Ltd (SGX: D05) kicked things off last Monday by being ... ( read original story ...)
Papua New Guinea LNG export plant offers two cargoes for May, June
SINGAPORE, May 7 (Reuters) - Exxon Mobil’s Papua New Guinea liquefied natural gas (LNG) export plant has offered two cargoes for May and June, two industry sources said on Monday. The cargoes are being offered on a delivered ex-ship (DES) basis for the ... ( read original story ...)
China issues 19.33 mil mt oil export quotas under general trade route
China has allocated 19.33 million mt of oil product export quotas under the general trade route to the country's five state-owned oil companies -- CNPC, Sinopec, CNOOC, Sinochem and China National Aviation Fuel, market sources said late Sunday. The new ... ( read original story ...)
StarHub : MyRepublic partners Starhub to offer mobile services
Fibre broadband company MyRepublic has partnered local telecommunications firm Starhub to offer mobile services in Singapore. The Mobile Virtual Network Operator (MVNO) partnership will enable MyRepublic to utilise StarHubs mobile network infrastructure ... ( read original story ...)
Singtel Group to bring ONE Championship’s martial arts content to mobile customers
Singapore – Singtel and its mobile associates Globe and Telkomsel today signed a Memorandum of Understanding to collaborate with ONE Championship, the world’s largest martial arts organisation, to deliver martial arts-related content and other digital ... ( read original story ...)
MyRepublic partners Starhub to offer mobile services
Fibre broadband company MyRepublic has partnered local telecommunications firm Starhub to offer mobile services in Singapore. The Mobile Virtual Network Operator (MVNO) partnership will enable MyRepublic to utilise StarHub’s mobile network ... ( read original story ...)
MyRepublic to offer mobile services as virtual operator after tie-up with StarHub
Fibre broadband operator MyRepublic will be offering mobile services in Singapore in the months ahead, after it inked a deal with StarHub to enter the market as a virtual operator. MyRepublic will use StarHub’s network to deliver services to users ... ( read original story ...)
UPDATE 2-Singapore bank OCBC’s Q1 profit at 3-1/2 yr high, tad below estimates
SINGAPORE, May 7 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) reported a 29 percent rise in quarterly profit, underpinned by strong growth in net interest income and wealth management, but missed market estimates, sending its shares ... ( read original story ...)
UPDATE 1-Singapore bank OCBC’s Q1 profit up 29 pct, tad below estimates
SINGAPORE, May 7 (Reuters) - Singapore’s Oversea-Chinese Banking Corp Ltd (OCBC) posted a 29 percent rise in quarterly profit on Monday, underpinned by strong growth in net interest income and wealth management, but missed market estimates. The results ... ( read original story ...)
OCBC Profit Climbs on Lending Income, Lower Loan Allowances
Net income increased 29 percent from a year earlier to S$1.11 billion ($832 million) in the three months ended March, the Singapore-based bank said Monday. The bad-loan ratio improved from the previous quarter and OCBC’s loan portfolio is “sound ... ( read original story ...)
Cycling: Participants of OCBC Cycle 2018 community rides set for stunning views
SINGAPORE - OCBC Cycle 2018's community rides take place on Sunday (May 6) at the Singapore Sports Hub with participants set to enjoy breathtaking views of the country's skyline. Both The Sportive Ride (40.8km) and The Straits Times Ride (23km), will take ... ( read original story ...)
POSB trials new cashless programme for senior citizens in Yishun
SINGAPORE - These days, Madam Asmah Md Yassin ... She does not have to constantly top-up the amount in the free contactless ATM card she received from POSB because it is linked to her bank account. The Yishun resident is one of 62 in the estate, aged ... ( read original story ...)
UOB posts record profit of US$733mil for first quarter
SINGAPORE: United Overseas Bank (UOB)racked up record-breaking results in the first quarter thanks to a triple treat of higher net interest margins, strong growth in wealth management income and a big drop in bad debt charges. Earnings shot up 21% to a new ... ( read original story ...)
Singapore firms need ‘something special’ to thrive globally, says Finance Minister
SINGAPORE’S Finance Minister Heng Swee Keat pointed out that while country’s growth rate is expected to be lower than in previous decades, that does not mean firms will find opportunities curtailed Unless Singapore firms bring “something special ... ( read original story ...)