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Category: FINANCE

Posted on 11/07/2025

Singapore lender OCBC picks insider Tan Teck Long as next CEO

Singapore's second-largest bank OCBC said on Friday that Tan Teck Long, its head of global wholesale banking, will succeed Helen Wong as CEO when the bank's first female head retires at the end of ...

Posted on 11/07/2025

Singapore stocks notch 5-day rally ahead of GDP data

SINGAPORE] The local bourse extended its winning streak to end the week on a high note as investment sentiments have been undisturbed by tariff news, ahead of the release of the advance GDP estimate ...

Posted on 11/07/2025

Singapore’s public cord blood bank faces donor shortage despite rise in awareness

This comes as the use of cord blood has grown not just in hospitals, but also in cutting-edge medical research.

Posted on 11/07/2025

UOB Kay Hian sees upside in Singtel on ROIC gains, data centre growth

Analysts Chong Lee Len and Llelleythan Tan Yi Rong are maintaining their “buy” call on Singtel with an unchanged target price of $4.58.

Posted on 11/07/2025

International Property Alerts Unveils Global Investment Opportunities at Global Property Expo Singapore 2025

International Property Alerts (IPA), a leading global property concierge platform, will present exclusive overseas investment opportunities at the Global Property Expo Singapore 2025 (July 18-20) ( ...

Posted on 11/07/2025

Singapore bank employee faces trial for stealing $470K from client’s account

A former OCBC Bank employee in Singapore is being tried for illegally transferring SGD600,000 (US$470,000) from a client’s account and using nearly SGD90,000 of the client’s funds to pay credit card ...

Posted on 11/07/2025

UOB Private Bank redefines wealth building in Asia with personalisation and discipline

UOB’s discretionary portfolio management service helps clients grow and protect their wealth with steady returns and risk-managed strategies.

Posted on 11/07/2025

Aalberts’ privatisation offer for GVT is below target price but still likely to go through, says DBS

On July 10, GVT announced that Dutch semiconductor firm Aalberts Advanced Mechatronics has tabled a 94 cents per share offer, which is a 11.9% premium over GVT's share price just prior to the holding ...

Posted on 11/07/2025

SGX a ‘defensive pick’ as Singapore is viewed as tariff shelter

RHB analyst Jaiswal is expecting SGX to deliver more in terms of dividends. The payout ratio fell to 69% in FY2020 with the pandemic in full swing and the ratio has been kept at 61% since.

Posted on 11/07/2025

Manus AI flees China for Singapore following US$75 million benchmark round

Chinese AI Agent startup Manus has relocated its headquarters to Singapore and slashed most of its China-based workforce, just four months after its global debut. The move reflects mounting ...

Posted on 11/07/2025

10 Things To Know About NTT DC REIT – Singapore’s Largest REIT IPO In Over A Decade

The IPO comprises of 599.9 million units priced at US$1 each, with 30 million units for the public in Singapore at S$1.27 each. This may be the largest REIT IPO in Singapore since Mapletree Greater ...

Posted on 11/07/2025

DBS tackles scams and inequality in new season of ‘Sparks’

DBS has launched the fourth season of its award-winning web series Sparks, turning the spotlight on scams targeting vulnerable groups and the barriers faced by persons with disabilities.

Posted on 11/07/2025

Nufresh flips Singapore’s ‘chope’ habit to spark hygiene talk

In Singapore, tissue packs mark territory. This time, they sparked a conversation. Nufresh, in partnership with boutique creative agency ODD, turned the nation’s iconic 'chope' (to reserve) behaviour ...

Posted on 11/07/2025

Investment banking fees jump 38% in H1 2025: report

Citi led the market with $72.9m (US$54m) in fees, capturing a 12.5% share. Singapore’s investment banking sector recorded a strong first half in 2025, with total fees rising by 38% YoY to $583.47m ...

Posted on 11/07/2025

IPO hopeful Dezign Format brings creativity to Catalist

Dezign Format is seeking to list on SGX's Catalist board. The company lodged its preliminary offer document on June 30. The full prospectus is slated to be out on Aug 1.

Posted on 11/07/2025

OTSAW Announces Official Empanelment as Certified System Integrator for Singapore’s RoMi H Robotics Middleware Framework

Designation expected to position OTSAW to accelerate interoperable robotics deployments across public healthcare institutions ahead of anticipated IPO ...

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