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Month: May 2025

Posted on 08/05/2025

Governments, insurers and innovative finance needed to reduce risks of Asean power grid

South-east Asia faces a green investment gap of more than $272 billion a year. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Singapore’s DBS Q1 profits dip 2% amid Trump headwinds

SINGAPORE -- Singaporean lender DBS Group Holdings, Southeast Asia's largest bank by assets, on Thursday reported a 2% year-on-year fall in its first quarter net profit as it prepares for economic ...

Posted on 08/05/2025

Best Credit Card Promotions in Singapore (May 2025): Citibank, DBS, HSBC, UOB, and More

This May, sign up for a credit card and you could walk away with welcome gifts like: Apple 10.9-inch iPad 10th Gen WiFi 64GB (worth $499) Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth ...

Posted on 08/05/2025

DBS boosts allowance reserves amid uncertainties, Q1 profit beats views

Singapore's biggest bank, DBS Group, boosted its general allowance reserves amid heightened macroeconomic and geopolitical uncertainty on Thursday after posting a 2% year-on-year drop in first-quarter ...

Posted on 08/05/2025

DBS cautious about 2025 after Q1 profit beats expectations

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore lender DBS Group flagged risk from heightened uncertainty and softer non-interest income growth for 2025 after posting on Thursday a 2% drop in ...

Posted on 08/05/2025

Singapore’s Sea bets on fintech growth with new headquarters

SINGAPORE -- Singaporean tech group Sea on Wednesday opened its new global headquarters for digital financial services, signaling a deeper push into the growing fintech business as the company ...

Posted on 08/05/2025

Tech giant Sea opens new digital finance headquarters in Singapore

SINGAPORE: Tech company Sea Limited on Thursday (May 8) opened its new headquarters in Singapore for its digital financial services business. The company runs digital financial platforms including ...

Posted on 08/05/2025

Sea Limited opens new 10-floor HQ in Singapore for its fintech unit

Sea Limited has opened a 10-floor HQ in Singapore for its fintech unit SeaMoney, which has now been rebranded to Monee.

Posted on 08/05/2025

The 40% return delivered to Singapore Post’s (SGX:S08) shareholders actually lagged YoY earnings growth

Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the ...

Posted on 08/05/2025

Report: Singapore dollar seen rising further, may reach parity with US dollar

The Singapore dollar is reportedly expected to rise further against the US dollar in the coming months, despite a recent surge driven by optimism over easing trade tensions, analysts said. According ...

Posted on 08/05/2025

Tackling verification and authentication weak spots in Singapore’s financial services industry

Over the past five years, Singapore has seen a rise in fraudulent activities targeting financial services institutions (FSIs). Incidents range from money mules exploiting Singpass credentials to open ...

Posted on 08/05/2025

Singapore’s navy set to get 2 more Invincible-class submarines from 2034

With the two additional vessels, the Republic of Singapore Navy's fleet of Invincible-class submarines will be six-strong.

Posted on 08/05/2025

Singapore’s STI edges down as Fed leaves rates unchanged, other Asian markets mixed

SINGAPORE] Singapore stocks opened weaker on Thursday (May 8) following the overnight announcement by the US Federal Reserve that it will be holding rates steady. Read more at The Business Times.

Posted on 08/05/2025

Singapore stocks edge down as Fed leaves rates unchanged, other Asian markets mixed

SINGAPORE] Singapore stocks opened weaker on Thursday (May 8) following the overnight announcement by the US Federal Reserve that it will be holding rates steady. Read more at The Business Times.

Posted on 08/05/2025

Distressed Property Sales Are Up In Singapore In 2025: But Don’t Expect Bargain Prices

Mortgagee listings were up as of Q1 2025. Also referred to as distressed properties, these are homes that have been foreclosed on. The rise in mortgagee sales is a bit unsurprising, given the volatile ... ( read original story ...)

Posted on 08/05/2025

Latest Singapore six-month T-bill cut-off yield falls to 2.3%

SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.3 per cent, according to auction results released by the Monetary Authority of Singapore on Monday (May 7 ...

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