Singapore's DBS Group reported a 7 per cent 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 ... ( read original story ...)
Two Singapore firms issued stop-work orders, fined over ‘appalling and unacceptable’ work site conditions
Two firms here have been issued with stop-work orders and fined after recent inspections found unsafe conditions at their worksites, the Ministry of ... ( read original story ...)
Under scrutiny: proposed merger of Singapore’s offshore and marine heavyweights
The Competition and Consumer Commission of (CCCS) is inviting public feedback on the proposed merger of the nation’s leading offshore and marine companies of Sembcorp ... ( read original story ...)
Singapore Property Market Report Q3 2022 – Powered by PropertyGuru DataSense
Leveraging data from sale and rental residential property listings on PropertyGuru Singapore, the Singapore Property Market Report Q3 2022 offers meaningful insights into the price, supply and demand ... ( read original story ...)
Woman, teen to be charged for allegedly sharing SingPass, bank details with scammers
SINGAPORE - A woman, 31, and a 16-year-old boy will be charged on Friday (Aug 5) for their suspected involvement in knowingly disclosing their Singpass and bank account details to scammers who later ... ( read original story ...)
Ashurst Raids Singapore’s Allen & Gledhill for 4-Lawyer Team
Joining Ashurst are former Allen & Gledhill partners Tao Koon Chiam, Xiaozheng Ko, Yi Ming Choo and counsel George Kho, according to a firm statement. Chiam, who has practised at the Singapore firm ... ( read original story ...)
Alibaba, Singapore Tycoons Win Approval To Build Lion City’s Tallest Skyscraper
Chinese e-commerce giant Alibaba in partnership with Perennial Holdings—which counts Singapore billionaires Kuok Khoon Hong and Ron Sim among its major shareholders—have won government approval to ... ( read original story ...)
Singapore: Signs of exhaustion in the manufacturing sector? – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest PMI results in Singapore. Key Takeaways “Singapore’s manufacturing Purchasing Managers’ Index (PMI) edged slightl ... ( read original story ...)
Southeast Asia’s largest bank says wealth management, capital markets business face challenges
"Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow," DBS Group CEO Piyush Gupta said. ( read original story ...)
Singapore private home prices rise 3.5% in Q2, but rising interest rates could stall momentum
Private home prices rose 3.5 per cent in the second quarter, underpinned by a sharp turnaround in city fringe home prices and the continued strength of ... ( read original story ...)
The HSBC Futureverse. 6 million reasons why no one can predict the future.
If the last two years have taught us anything it is that the future is unpredictable. With this in mind, HSBC has announced the launch of its new experience via Wunderman Thompson Singapore that ... ( read original story ...)
DBS sees rising risks after rate increases boost quarterly profit
SINGAPORE: Singapore's DBS Group warned inflation and geopolitical uncertainty may impact second-half performance too, after the wealth business of the bank suffered in the latest quarter, though ... ( read original story ...)
M’sian MP says M’sia already lost S’pore as customer no matter when chicken export allowed again
Export market lost. Malaysia’s Minister of Agriculture and Food Industries Ronald Kiandee said on Aug. 4 that the export ban on chickens is set to end on Aug. 31. His response was to Kluang MP Wong ... ( read original story ...)
Singapore banks continue to outperform their global peers, says Singapore Exchange
Geoff Howie, markets strategist at the Singapore Exchange, says Singapore's three leading banks — DBS, UOB, and OCBC — have outperformed their global peers considerably since the end of 2019. ( read original story ...)
Singapore Prison refutes claims of officers ‘placing impossible obstacles’ for court application by death row inmates
SINGAPORE - The Singapore Prison Service (SPS) on Thursday (Aug 4) rebutted claims by the sister of a death row inmate scheduled to be hanged on Friday that its officers had intentionally blocked the ... ( read original story ...)
Singapore carriers avoiding areas affected by China’s live firing exercises: CAAS
SINGAPORE: Singapore carriers are avoiding areas affected by China’s live firing exercises near Taiwan, following the ... ( read original story ...)