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Category: FINANCE

Posted on 15/05/2025

South-east Asia e-commerce sales projected to more than double by 2030: DBS report

Total e-commerce sales is expected to grow from US$184 billion (S$239 billion) in 2024 to US$410 billion by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/05/2025

Many S’pore family businesses unprepared for succession; some prefer to sell: HSBC

SINGAPORE] Many family-owned companies in Singapore are not fully prepared to pass on the business to the next generation, according to a HSBC report released on Wednesday (May 14). Read more at The ...

Posted on 15/05/2025

OCBC to Merge Securities Operations with Global Markets by July 2025

OCBC will integrate its securities businesses in Singapore, Hong Kong and Indonesia into its Global Markets division effective 1 July 2025.

Posted on 15/05/2025

Best Bank Offers in Singapore (May 2025): Win a Lilo & Stitch-Inspired Hawaii Vacation, Get Up to 50% off Flights, and More

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 15/05/2025

DBS, OCBC and UOB should review dividend policies amid the deteriorating business outlook

SINGAPORE] It probably will not surprise anyone that DBS, OCBC and UOB ended Tuesday (May 13) significantly higher – with gains of 1.19 per cent, 0.74 per cent and 1.55 per cent, respectively – after ...

Posted on 15/05/2025

DBS downgrades Venture to ‘hold’; Maybank raises target price following trade war truce

Ling Lee Keng of DBS Group Research has downgraded Venture Corp from "buy" to "hold" along with a reduced target price of $11.80 from $14.70, after the company reported lower 1QFY2025 numbers, while ...

Posted on 15/05/2025

Standard Chartered’s corporate bank wants to power Asia’s next growth chapter

SINGAPORE] Asia’s rapid innovation in recent years is the foundation upon which its future will be built, said Standard Chartered’s Stella Choe. Read more at The Business Times.

Posted on 15/05/2025

10 Best Savings Accounts in Singapore with the Highest Interest Rates (May 2025)

UOB One and OCBC 360—got nerfed on 1 May 2025. Interestingly, the updated rates put them pretty much neck and neck. So… which savings account is better now? Which is the best in Singapore? There's a ...

Posted on 15/05/2025

Brookfield seeks US$380 million industrial portfolio in Singapore

Share your thoughts and join the conversation in the comments.

Posted on 15/05/2025

Standard Chartered Partners with FalconX for Global Crypto Expansion

Standard Chartered partners with FalconX to boost institutional crypto liquidity, fiat access, and cross-border transaction efficiency.

Posted on 15/05/2025

Investment Opportunities in Singapore’s Biopharma Sector

In 2024 alone, Singapore secured S$13.5 billion in fixed asset investment commitments, with the biomedical sector representing a significant share of the S$11.1 billion directed toward industrial ...

Posted on 15/05/2025

Singaporean bank OCBC to integrate securities business into global markets division

Oversea-Chinese Banking Corp (OCBC) said on Wednesday it will integrate its three securities units into its global markets division as Singapore's second-largest lender seeks to streamline operations ...

Posted on 14/05/2025

E-commerce sales in South-east Asia to more than double to US$410 billion by 2030: DBS report

SINGAPORE] E-commerce in South-east Asia has reached profitability in 2024, with regional sales expected to more than double from US$184 billion last year to US$410 billion by 2030 – a 14 per cent ...

Posted on 14/05/2025

Brookfield Seeks $380 Million Industrial Portfolio in Singapore

Brookfield Asset Management is seeking to buy a Singapore industrial portfolio from a real estate investment trust backed by state investor Temasek Holdings Pte, according to people familiar with the ...

Posted on 14/05/2025

Jail for man who set up bank account in Singapore that received over S$338,000 in scam proceeds

SINGAPORE: In exchange for cash, a man became a "consultant" in a scheme by helping to set up a bank account that received over S$338,000 in proceeds from an investment scam.

Posted on 14/05/2025

Woman saved from losing $100,000 to scammers pretending to be bank, MAS employees

The 64-year-old woman was told she was under investigation for money laundering. Read more at straitstimes.com. Read more at straitstimes.com.

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