Worried about its competitiveness as an IPO destination, Singapore has moved to re-examine its position on dual-class shares, and last year SGX's Listings Advisory Committee gave the stock exchange the green light to allow companies to list with such ... ( read original story ...)
Don’t Say Bojio: 1-For-1 Admission Tickets to S’pore Zoo, Night Safari and More For PAssion POSB Cardmembers(From 10 Feb)
Wildlife Reserves Singapore (Jurong Bird Park, River Safari, Night Safari or Singapore Zoo) Madame Tussauds Singapore Singapore Cable Car The Polliwogs MOSH! What’s more, you’ll get an exclusive offer on Sentosa Islander Membership. Simply download the ... ( read original story ...)
10 Valentine's Day Dinner Deals In Singapore That Won't Deplete Your Angpao Money
For the month of February, DBS/POSB cardmembers enjoy additional savings with 10% ... This V-Day, enjoy a taste of the freshest seafood right smack next to the Singapore River. Make your dinner special with their Valentine’s signature, the decadent ... ( read original story ...)
Queues at Singapore banks on Li Chun as people deposit money on auspicious day
SINGAPORE - Hoping for better fortune in the new year ... When The Straits Times visited the Tampines Central POSB branch at 8am on Friday, queues of around 10 people had formed at each of the two cash deposit machines. Another 20 people were waiting ... ( read original story ...)
Singapore Savings Bond programme exceeds $1b
The Monetary Authority of Singapore announced that the Singapore Savings Bond ... MAS noted that there is a significant number of investors that have applied for SSBs online through DBS/POSB's Internet Banking portal, besides the ATMs of DBS/POSB, OCBC ... ( read original story ...)
Remembering The People’s President Ong Teng Cheong
At that time, the POSB had a legal status as a statutory board and whose ... The answer is no. My loyalty is first and foremost, to the people of Singapore. It has always been so, and will always remain so. This was more than just cheap talk – it was ... ( read original ...
Ong Teng Cheong, S’pore’s people’s president, passed away 15 years ago
In his later years, he also opposed the sale of POSB (Post Office Savings Bank) to DBS (The Development Bank of Singapore) in 1998 during his last year in office. He felt that the sale was procedurally inappropriate and did not regard the president’s ... ( read original story ...)
PARKROYAL On Kitchener Road Crabs & Lobsters Buffet Is Back Until 30 April
UOB, DBS, POSB, Maybank and HSBC Cardholders promotion: S$129 for 2 Adults (minimum four persons to dine) All prices quoted are subject to GST and service charge. For reservations, call: +65 6428 3160 or email spicebrasserie.prskt@parkroyalhotels.com. ( read original story ...)
App for cashless payment at Koufu food court gets mixed response
SINGAPORE — A new app that helps customers cut down on time ... The one-time set-up is done by entering the particulars of the user’s DBS or POSB credit or debit card, or with the DBS PayLah! mobile app. Jimmy Shin, 21, a student intern, offered ... ( read original story ...)
UOB's Q4 net profit fell 6.2% amid hit from oil industry exposure
Singapore's United Overseas Bank (UOB) reported on Friday its earnings for the fourth quarter slipped 6.2 per cent on-year to S$739 million. For the quarter, net interest income was stable at S$1.28 billion, with strong loan growth offset by a 10 basis ... ( read original story ...)
UOB Q4 profit drops 6%, better than expected, on lower total provisions
SINGAPORE - United Overseas Bank ... and the S$730.2 million forecast in a Bloomberg survey. UOB's net profit for the three months to Dec 31, 2016, came in at S$739 million from S$788 million a year ago, as revenue slipped 2.5 per cent to S$2.03 billion. ( read original story ...)
Singapore bank OCBC flags oil sector woes as Q4 profit hits 3-yr low
SINGAPORE (Reuters) - Oversea-Chinese Banking Corp, Singapore's second-biggest lender, flagged worries about a weak oil and gas sector after reporting an 18 percent drop in quarterly profit to a three-year low, mainly due to a jump in impairment charges. ( read original story ...)
Singapore's DBS profit slumps to 2-year low on O&G bad debts
SINGAPORE: Singapore bank DBS Group Holdings posted its lowest quarterly profit in two years as provisions for soured loans to the city-state’s oil services industry surged, and it joined smaller rival OCBC in forecasting more pain for that sector. ( read original story ...)
Singapore's United Overseas Bank Q4 net profit falls 6.2 pct
UOB's CEO, said in a statement. The bank's full year total income was stable at S$8.06 billion. ($1 = 1.4166 Singapore dollars) (Reporting by Anshuman Daga; Editing by Richard Pullin) ( read original story ...)
Singapore’s CapBridge Investment Trust launches pre-IPO fund; targets US$100 million
The fund — the first in a series of CapBridge Investment Trust sub-trust funds — wants to give institutional investors greater access to VC-backed companies Growth-stage startups and pre-IPO companies now have a new fund to tap into when raising cash ... ( read original story ...)
Singapore Market May Add To Its Winnings
(RTTNews.com) - The Singapore stock market jumped higher again on Wednesday, one session after it had ended the three-day winning streak in which it had collected almost 45 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,090 ... ( read original story ...)