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Month: August 2024

Posted on 01/08/2024

Marcoleta tags Comelec chief Garcia in Caymans offshore bank controversy

Sagip party-list Rep. Rodante Marcoleta named Commission on Elections (Comelec) Chairperson George Garcia as the listed owner of an offshore bank account in the Cayman ...

Posted on 01/08/2024

Singapore Airlines warns of passenger yield pressure due to competition, costs

Singapore Airlines on Wednesday warned that a key revenue metric would remain under pressure this year as rising competition crimps average fares and higher fuel costs dent group profit. Airlines ...

Posted on 01/08/2024

Singapore shares open lower on Thursday—STI dropped 0.4%

SINGAPORE: Singapore shares opened lower on Thursday, Aug 1, even as US and European markets... The post Singapore shares open lower on Thursday—STI dropped 0.4% appeared first on The Independent Sing ...

Posted on 01/08/2024

Singapore’s UOB looking at North Asia opportunities as wealth earnings jump

Singapore's United Overseas Bank (UOB) reported a 40% surge in wealth management income during the second quarter and said it was looking at opportunities in North Asia such as in China and Hong Kong ...

Posted on 01/08/2024

Singapore Stock Market Poised For Additional Support

The Singapore stock market has climbed higher in wo of three trading days since the end of the three-day losing streak in which it ...

Posted on 01/08/2024

Singapore drinks container polluters-pay initiative pushed to 2026 ‘at request of beverage producers’

A scheme operator, newly-licensed and run by a consortium of producers, will have to ensure that over 1,000 return points for emptied bottles and cans are set up islandwide before the new start date.

Posted on 01/08/2024

Singapore’s UOB maintains 2024 guidance even as Q2 profit misses forecasts

Singapore's United Overseas Bank (UOB) maintained earnings guidance for 2024 after posting on Thursday a 1% year-on-year rise in second quarter net profit that slightly missed expectations. "Global ...

Posted on 01/08/2024

Singapore’s Keppel HY profit rises on upbeat infra, connectivity performance

Singapore's Keppel Ltd posted on Thursday a 7% rise in its first-half underlying profit, as upbeat performances at the infrastructure and connectivity segments offset a decline in its real estate ...

Posted on 01/08/2024

Singapore’s real estate to outperform in cross-border investments

Cross-border investments accounted for 48% of Singapore’s real estate investment volume in H1 2024, surpassing the 10-year average of 43%.

Posted on 01/08/2024

Singapore bank UOB’s second-quarter net profit rises 1% on-year

Singapore's United Overseas Bank (UOB) reported on Thursday a 1% rise in net profit in the second quarter from a year earlier on the back of higher net fee income and a rebound in loan-related fees ...

Posted on 01/08/2024

Singapore’s Keppel posts 7% rise in half-year profit

Singapore's Keppel Ltd posted on Thursday a 7% rise in its first-half underlying profit, supported by upbeat performance at its infrastructure and connectivity segments. The company's net profit from ...

Posted on 01/08/2024

Singapore bank UOB’s second-quarter net profit rises 1%, misses forecast

Singapore's United Overseas Bank (UOB) reported on Thursday a 1% rise in net profit in the second quarter from a year earlier on the back of higher net fee income and a rebound in loan-related fees ...

Posted on 01/08/2024

Commentary: Recovering mistaken PayNow transfers could be simpler and swifter in Singapore

Though Singapore’s law allows individuals to recover bank transfers made by mistake, it is more challenging in practice if the recipient does not cooperate, says SUSS law lecturer Ben Chester Cheong.

Posted on 01/08/2024

Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets

Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Sygnum Bank has announced its ...

Posted on 01/08/2024

Brainstorm AI Singapore 2024: AI in education—fighting cheating and preparing smarter students

Khairul ANWAR, Pandai, Tim BALDWIN, Mohamed bin Zayed University of Artificial Intelligence, Sonita JEYAPATHY, National University of Singapore, Jeremy Kahn, FORTUNE ...

Posted on 01/08/2024

Singapore Institute of Advanced Medicine Holdings to report ‘significant’ net loss after tax for FY2024

Singapore Institute of Advanced Medicine Holdings (SAM Holdings) is expected to report a “significant” net loss after tax for the FY2024 ended June 30, marking another year of net losses. The group ...

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