According to DBS, this is the first sustainability-linked loan for a small and medium-sized enterprise (SME) in Singapore. The loan will ensure that hens laying eggs on the farm will continue to be ... ( read original story ...)
Chew’s Agriculture inks 10-year $27 mil sustainability-linked loan with DBS
SINGAPORE (May 29): DBS announced that Chew’s Agriculture, the local egg producer, has signed a 10-year, $27 million sustainability loan with the bank, marking the nation’s first sustainability-linked ... ( read original story ...)
OCBC says Soilbuild REIT has undemanding valuations, but still lacks catalysts
SINGAPORE (May 31): OCBC Investment Research is maintaining “hold” on Soilbuild Business Space REIT (SB REIT) with an unchanged fair value of 62 cents as the REIT continues to await rent payment due ... ( read original story ...)
UOB chief says ‘why not’ let an outsider succeed him
"If they can do the job, why not?" UOB is the only Singapore bank that's still run by a family after OCBC Bank and others chose outsiders as their CEO or merged. Under Wee's billionaire father, UOB ... ( read original story ...)
Singapore housing loans shrink again, with overall lending flat in April: MAS data
Overall bank lending in Singapore was flat in April from a month ago, bogged by the decline in consumer loans and moderated growth in business lending. Loans through the domestic banking unit - which ... ( read original story ...)
DBS Group expects RBI to cut 25 bps at June 6 meet
SINGAPORE: Singapore-based DBS Group expects the Reserve Bank of India's (RBI) rate-setting panel to make a 25-bp cut in the repo rate at the June 6 meeting, taking the total cut to 75 basis points ... ( read original story ...)
SembMarine is now looking cheap but beware of the risks: OCBC
SINGAPORE (May 30): OCBC Investment Research is maintaining its “hold” call on Sembcorp Marine (SMM) while lowering its fair value estimate to $1.60 from $1.77 previously upon slashing its ... ( read original story ...)
Gojek Hits 10M Rides After 6 Months In S’pore – To Introduce More Benefits For Top Drivers
The Indonesian ride-hailing giant launched its beta app in Singapore on 29 November 2018, with DBS and POSB card holders getting priority access to the service. Then, its service only covered selected ... ( read original story ...)
Vietnam on track to overtake Singapore in decade: DBS
NEW YORK -- Vietnam's economy could grow as much as 6.5% a year over the next ten years and exceed Singapore in size by 2029, according to DBS Bank. Fundamentals including improvements in ... ( read original story ...)
Asia markets slip, currencies decline as US adds 9 countries to watch list
Malaysia and Singapore. Following that development, some of those currencies weakened against the dollar. Stocks in Asia mostly declined in Wednesday afternoon trade following overnight losses on Wall ... ( read original story ...)
New UOB-Mastercard partnership targets SMEs with free golf club access, hotel & dining perks
SINGAPORE (May 28): United Overseas Bank (UOB) and Mastercard today announced the launch of the UOB Regal Business Metal Card, the region’s first World Elite Mastercard metal card for small- and ... ( read original story ...)
Standard Chartered Singapore Marathon to be held at night for the first time
SINGAPORE: This year's Standard Chartered Singapore Marathon (SCSM) will be held at night for the first time in its history, organisers Ironman Asia announced on Tuesday (May 28). The 2019 edition ... ( read original story ...)
This year’s Standard Chartered Singapore Marathon will be a night race
SINGAPORE — This year’s Standard Chartered Singapore Marathon (SCSM) will be a night race for the first time in its history, with a 6pm flag-off on 30 November. With the scheduling change, announced ... ( read original story ...)
Citi appoints Brendan Carney as CEO of Citibank Singapore
SINGAPORE — Citi said it has appointed Brendan Carney as chief executive officer of Citibank Singapore, and Asean cluster head of its global consumer banking division. Carney replaces former CEO Han ... ( read original story ...)
UOB, Mastercard launch business credit card for SME executives
SINGAPORE - UOB and Mastercard have launched a new commercial credit card targeted at business executives from small and medium enterprises (SMEs), both companies announced in a joint statement on ... ( read original story ...)
Singapore Exchange Limited (SGX:S68) Investors Should Think About This Before Buying It For Its Dividend
Help shape the future of investing tools and you could win a $250 gift card! Could Singapore Exchange Limited (SGX:S68) be an attractive dividend share to own for the long haul? Investors are ... ( read original story ...)