SINGAPORE: DBS Group Holdings Ltd says wealth management and investment banking fees dropped in the second quarter as wealthy clients turned cautious amid the global market turmoil, overshadowing net ... ( read original story ...)
Johor poultry farmers want chicken Singapore export ban lifted, fear competition from Indonesia
Johor poultry farmers have reportedly urged the federal government to lift the chicken export ban to Singapore, citing concerns that the country would ... ( read original story ...)
Soaring energy prices power Singapore’s Sembcorp Industries half-year profit
Singapore's Sembcorp Industries Ltd said on Friday its first-half profit surged nearly 11 times and also forecast a stronger fiscal 2022, as the utilities company reaped the benefits of higher energy ... ( read original story ...)
Long queues to buy ringgit in Singapore but some money changers just don’t sell
Money changers at The Arcade in Raffles Place had snaking queues of people waiting to buy Malaysian ringgit, which has dropped to record lows against the Singapore dollar, on Thursday (Aug 4). The ... ( read original story ...)
Singapore banks provide one of the best hedges against larger-than-expected Fed hikes: JPMorgan
Harsh Modi of the investment bank says Singapore banks have benefited from the country's reopening, seen in higher credit card spending and the quality of the assets, while higher rates drove up ... ( read original story ...)
Demand for financial services professionals still high in Singapore
The financial services sector is one of the fastest hiring industries post-pandemic as study records increasing job advertisements in it. ( read original story ...)
Commentary: Is it time for a tobacco endgame in Singapore?
More countries worldwide are targeting to slash smoking prevalence to 5 per cent or less. A tobacco endgame in Singapore would be less of a shock and a natural continuation of ongoing measures, says ... ( read original story ...)
DBS Q2 profit tops estimates as banks benefit from rising interest rates
Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply higher ... ( read original story ...)
Singapore hopes to restore tourist rush from India by 2024
India was one of the top nations contributing to the rush of overseas visitors to the island-nation before the pandemic struck. However, for two years since being hit by Covid, the tourism industry in ... ( read original story ...)
DBS says not in discussions for buying stake in IDBI Bank
His comments come after Indian media reported that DBS was considering purchasing a stake and held discussions with finance ministry officials in New Delhi. Among Singapore banks, DBS has been the ... ( read original story ...)
FEATURE: Digitalisation is Next Step After MFMs in Singapore’s Push for Efficiency and Transparency
The Maritime and Port Authority of Singapore now regards its push for digitalisation to be the next step in improving the transparency of the marine fuels industry. ( read original story ...)
Singapore prices inaugural 50-year sovereign green bond offering at 3.04% after ‘strong’ demand
The S$2.4 billion bonds, called the Green Government Securities (Infrastructure) or Green SGS (Infra), mark the country’s first issuance of sustainable debt. With a maturity date in 2072, this is also ... ( read original story ...)
5 tips for lessening cost of doing business in Singapore
SINGAPORE'S robust economy and business-friendly environment have long made it a haven for both local and international entrepreneurs. Statistics show that around 14,857 new business entities were ... ( read original story ...)
Singapore needs to be prepared ‘economically, politically and socially’ when pressed by other countries on issues: Shanmugam
Mr Shanmugam also said that internal security is vital, because external forces can now destabilise a country, even without a war. ( read original story ...)
Bruneians to be offered scholarships, attachments in Singapore
The initiatives will promote exchanges between the two countries' young people and future leaders. Read more at straitstimes.com. ( read original story ...)
Ascendas Reit to acquire Philips APAC Center in Singapore for S$104.8 million
The acquisition will improve the overall resilience of the portfolio with its high occupancy of 95.7% and long WALE of 4.5 years ... ( read original story ...)