The strategic investment will be structured through a mutually suitable method such as preferential allotment, Qualified Institutional Placement (QIP), or a Rights Issue.
OCBC sees a more challenging 2HFY2025; analysts maintain ‘hold’ calls
Citi's Tan Yong Hong lowered his FY2025 DPS forecast to 96 cents while DBS's Lim Rui Wen believes there may be potential reallocation among the Singapore banks on lower dividends.
MAS Appoints 3 Asset Managers To Invest In Singapore Stocks. What This Means For Local Investors
MAS has appointed three asset managers to deploy $1.1 billion into Singapore-listed stocks to revitalise the local SGX equities market.
Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely
Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...
Genting Singapore sees another leadership shuffle with new COO and CFO appointments
Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years. Read more at The Business Times.
Singapore fines Standard Chartered entities $4.9 mln for money …
Singapore's central bank imposed penalties of S$5.2 million ($3.95 million) on Standard Chartered Bank (SCBC) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money ...
OCBC Q2 profit drops 7% as interest rates fall; CEO flags tariff headwinds
The bank declared an interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com. Read more at straitstimes.com.
OCBC CEO-designate Tan Teck Long looks to continue ‘One Group’ strategy, boost synergy
SINGAPORE] OCBC’s incoming chief executive will continue to bank on its “One Group” approach to boost growth and synergy. Read more at The Business Times.
OCBC Q2 profit drops 7% to $1.82b as interest rates fall, to pay lower interim dividend
Bank to pay interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com. Read more at straitstimes.com.
UOB trims One Account interest rate again; maximum 2.5% per annum on first S$150,000
SINGAPORE] UOB is cutting interest rates on its flagship savings account, the One Account, for the second time in 2025. Read more at The Business Times.
UOB to trim deposit rates on flagship account from Sept 1 after OCBC cut; DBS stays unchanged
Rates on UOB One to come down for the third time in 2 years; OCBC 360 rates down twice in 2025 Read more at straitstimes.com. Read more at straitstimes.com.
Odisha to Launch Global FinTech Innovation Hub with Singapore Partnership
Odisha partners with Global Finance & Technology Network to launch Integrated Global Financial Technology Capability Hub in Bhubaneswar. Set to open in August 2025, the hub aims to transform Odisha ...
OCBC sees tariff uncertainty lingering, trims 2025 outlook after in-line Q2 profit
Oversea-Chinese Banking Corp (OCBC) said tariff uncertainty was likely to persist despite fresh deals struck by U.S. President Donald Trump, as the bank cut its 2025 net interest income expectations ...
Singapore Visit a Grand Success as Deal Etched for Rs 45,000 Crore Investment: Nara Lokesh
Lokesh underscored that this investment marks a clear vote of confidence in Andhra Pradesh’s renewed focus on attracting global capital, especially in sectors like IT, electronics, green energy, port ...
Top 10 Singapore large-cap stocks to watch in 2025
Discover the top 10 Singapore large-cap stocks to watch in 2025. Learn about market leaders, trading strategies and risk management.
OCBC warns of greater challenges in H2 as ‘chain reaction’ from US tariffs unfold
SINGAPORE] While OCBC posted “stronger than anticipated” results in the first half of 2025, the lender will likely face more challenges in the second half, said group chief executive officer Helen ...