Even with the protests that escalated in Jakarta on Aug 28, OCBC Global Markets Research economists have kept their 2025 GDP growth forecast for Indonesia unchanged at 4.7%.
Singapore’s snowballing cash levels are boosting local bonds
SINGAPORE] The recent build-up of cash in Singapore’s money market is strengthening demand for the nation’s bonds, driving returns to near the highest in the region. Read more at The Business Times.
More Chinese companies looking to manufacture in Indonesia: OCBC
JAKARTA] Chinese companies are increasingly looking to set up their manufacturing operations in Indonesia, instead of just exporting and distributing their products in the South-east Asian nation.
Over 370,000 Singapore bank customers used the money lock feature
More than $30b have been locked up. At least 370,000 Singapore bank customers have used the money lock feature, saving over $30b as of 30 June, according to the Singapore Police Force Mid-Year Scam ...
S’pore’s stock market bull run is just getting started, with room for more upside: Fund chief
Improving sentiment and better valuations could also open the door for new players in emerging sectors to list. Read more at straitstimes.com. Read more at straitstimes.com.
Economists raise Singapore growth forecast to 2.4% for 2025; see growth slowing to 1.9% in 2026
Possible levying of semiconductor and pharmaceutical tariffs by US seen as biggest threat to outlook. Read more at straitstimes.com. Read more at straitstimes.com.
UOB’s Southeast Asia stronghold, wealth to drive profit growth
UOB's integration of Citigroup's retail assets could buoy profit growth by strengthening its Southeast Asian presence with a bigger customer base and cross-selling opportunities ...
Urban Company IPO to open on Sept 10; check price band, issue size, latest GMP & more
Urban Company, the renowned mobile app-based platform for beauty and home services, is launching its initial public offering (IPO) on September 10, 2025.
Moomoo Singapore Wins Big at Asia Fintech Awards 2025; named WealthTech of the Year and Personal Finance Tech of the Year
Awards reflect success in democratising investing for 1.5 million local users Highlights momentum from Moomoo AI launch and new partnerships with global asset managers Reinforces commitment to ...
Franklin Templeton celebrates 35th anniversary in Singapore
Franklin Templeton, one of the world's largest global asset managers, is celebrating 35 years of serving clients in Singapore, highlighting its long-standing commitment to delivering world class ...
HSBC tops the list of preferred banks for Singapore’s wealthiest
These attributes resonate with Singapore’s wealthy clients who value global services and dependable financial management. Ranked second was the Bank of Singapore with a score of 84. The bank was ...
Who is Kaustubh Kulkarni? Citibank appoints JPMorgan veteran as Asia Pacific co-head
Veteran banker Kaustubh Kulkarni will join Citi in December and will be based in Singapore. He will take up on the role alongside current head Jan Metzger ...
UOB Asset Management launches UOBAM Gold+: A dual-engine gold strategy for Singapore investors
UOB Asset Management Ltd (UOBAM) launched its latest managed portfolio solution, the UOBAM Gold+, which blends 49% SPDR Gold MiniShares Trust ETF (GLDM), 49% United Gold & General Fund (UGGF) and a 2% ...
DBS Group’s acquisition plans for Alliance Bank Malaysia face delays
Acquiring a stake in Alliance Bank would expand DBS's presence in Malaysia, a market where other Singaporean banks are already established.
GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment
SINGAPORE] Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance, repair and overhaul (MRO) and component repair ...
Three Decades Later, Franklin Templeton Still Thriving in Singapore
When the US investment giant blows out its 35th birthday candles in the Lion City, the question isn't "why stay" but "would they ever leave?" ...