From May 1, the maximum interest rate on One Account will be 3.3% per annum on the first $150,000, down from 4%. Read more at straitstimes.com.
Jefferies reiterate DBS as their preferred bank given lowest NIM margin sensitivity, TP $52
The report from analysts Sam Wong and Shujin Chen comes after reports of DBS as the forerunner to acquire 86% in Indonesia’s Panin Bank last week.
RHB Singapore appoints Goh Ken-Yi as CEO
RHB Singapore, part of Malaysia's fourth biggest bank group RHB , said on Tuesday that it has appointed Goh Ken-Yi as its new Chief Executive Officer effective immediately, according to a statement.
UMC Unveils New Fab Expansion in Singapore in Grand Opening Ceremony
United Microelectronics Corporation (UMC), a leading global semiconductor foundry, today officially unveiled its new fab facility in Singapore in a grand opening ceremony. The first phase of the new ...
Omi beef specialist trading company opens second steak specialty store “STEAK SUDAKU” in Singapore and starts recruiting franchisees
OMIGYU TRADING SINGAPORE PTE. LTD., a wholly owned subsidiary of General Omi Beef Trading Co., Ltd. (Head office: Moriyama City, Shiga Prefecture / CEO: Takaoki Nishino), will open a directly managed ...
UltraGreen.ai Is Said to Mull Up to $300 Million IPO in Singapore
UltraGreen.ai, a provider of fluorescence technology used in medical and surgical imaging, is considering an initial public offering to raise as much as S$400 million ($298 million), people familiar ...
Temasek-backed 65 Equity Partners, Inflexion to make minority investment in Kee Safety
SINGAPORE] Global investment firm 65 Equity Partners and Inflexion, a mid-market private equity firm, announced on Tuesday (Apr 1) their plans to jointly invest in safety equipment provider Kee Safety ...
Singapore’s GLP closes first digital infrastructure fund at $358 million in assets under management
Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with assets under management of 2.6 billion yuan ($357.76 million), ...
YZJ Financial falls 10% after announcement of divestment of entire treasury shareholding
SINGAPORE] Shares of Yangzijiang Financial, the financial arm of Yangzijiang shipbuilding, fell 10 per cent after the company on Sunday (Mar 30) said it agreed to divest its entire treasury ...
Singapore’s Private Home Price Growth Moderated in First Quarter
Prices of non-landed properties rose 0.6% in the first quarter, a significant moderation from the 3.0% rise in the previous quarter, the data showed. Meanwhile, prices of landed properties increased ... ( read original story ...)
HDB resale prices in Singapore rise 1.5pc in Q1, slowest growth in five quarters as more flats enter market
Prices of Housing and Development Board (HDB) resale flats rose by 1.5 per cent in the first quarter of 2025, marking the slowest pace of growth in five quarters. Minister for National Development ... ( read original story ...)
UOB lowers interest rate on flagship One Account, joins OCBC in 360 Account cut
From May 1, maximum interest rate on One Account will be cut to 3.3 per cent per annum on the first $150,000 from 4 per cent. Read more at straitstimes.com.
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
SINGAPORE] UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. Read more at The Business Times.
Indonesian Billionaire’s Chandra Asri, Glencore Complete Purchase Of Shell’s Singapore’s Assets
Under the deal, which was first announced in May 2024, CAPGC—majority owned by Pangestu’s Chandra Asri Pacific, a major petrochemicals company in Indonesia—will take over Shell’s oil refining and ...
Asian stocks bleed on Monday: Nikkei crashes 4%, Hang Seng down 2%
Asian stock markets tumbled on Monday, tracking Wall Street’s weak close on Friday as concerns over US President Donald Trump's upcoming tariffs rattled investors.
Shell completes Singapore refinery sale to Chandra Asri-Glencore JV
Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday, while trade sources noted that the new owners have ...