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Category: FINANCE

Posted on 08/04/2025

Here are the top 15 companies in Singapore for career growth

SINGAPORE] LinkedIn on Tuesday (Apr 8) unveiled a list of top 15 employers in Singapore in its 2025 edition, picking companies for their ability to advance employees and grow skills, among other ...

Posted on 08/04/2025

DBS Unveils Merchant Banking Package With Waivers, Cashback for SG60

DBS is stepping up its efforts to support heartland businesses in Singapore with the launch of an enhanced Heartland Merchant Banking Package.

Posted on 08/04/2025

UOB Kay Hian downgrades DBS to ‘sell’, OCBC to ‘hold’; cuts target prices

SINGAPORE] UOB Kay Hian (UOBKH) downgraded Singapore banks DBS and OCBC to “sell” and “hold”, respectively, citing forecasts of higher credit costs and “anaemic” loan growth resulting from US ...

Posted on 08/04/2025

Best Fixed Deposit Rates in Singapore (Apr 2025)—Minimum Deposits From $500, Rates Up To 2.90%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 08/04/2025

UOB Kay Hian lowers 2025 STI target to 3,720 with investors ‘liberated’ of profits this year

From a previous year-end 2025 target of 4,115 points, UOB Kay Hian's revised target for the index is now 3,720 points, which is pegged to a PE multiple of 13.4x which is not "view as stretched for a ...

Posted on 08/04/2025

UOB Kay Hian maintains ‘buy’ and $1.76 target price on ComfortDelGro even with Grab’s impending entry as taxi operator

Grab's impending entry as the sixth taxi operator in Singapore is a "slight negative" for ComfortDelGro but UOB Kay Hian analysts Llelleythan Tan Yi Rong and Heidi Mo have kept their "buy" call on ...

Posted on 08/04/2025

Sembcorp and other Asian energy plays are possible trade war ‘shelters’, says HSBC

Sembcorp Industries has been named by HSBC Global Research as one of the "preferred" Asian energy and utilities stocks that are possible "shelter" plays amid the worsening global trade war.

Posted on 08/04/2025

DBS downgrades UOB to ‘hold’, slashes target price by 15% amid trade war concerns

DBS Group Research has downgraded United Overseas Bank (UOB) to “hold” and maintained the same rating on Oversea-Chinese Banking Corporation (OCBC) amid trade war concerns. DBS analyst Lim Rui Wen ...

Posted on 08/04/2025

Trump’s tariffs: what are Singapore’s possible options in responding?

Singapore applies zero tariffs on US products, as long as they qualify as originating goods under the FTA’s rules of origin. The exception is for Singapore’s goods and services tax, which applies to ...

Posted on 08/04/2025

Japan, Singapore central banks adjust strategy in response to Trump tariffs

Due to the recent tariffs imposed by the U.S. government, central banks in Singapore and Japan are adjusting their strategies and policies to prepare for the economic impact. Ministers of the European ...

Posted on 08/04/2025

UOB One Account Nerfed, Down to 3.3% From 4%—Which Savings Accounts Will Earn You More?

The UOB One account is getting nerfed—again. The UOB One account will now earn you a maximum effective interest rate (EIR) of 3.30% p.a., down from 4% p.a., which was in turn down from 5% p.a. Here's ...

Posted on 08/04/2025

Singapore’s DBS, BoC customer data at risk after ransomware attack on vendor

Some customer information from Singapore's DBS Group and Bank of China's branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT).

Posted on 08/04/2025

DBS, Bank of China Singapore customers’ data extracted after printing vendor hit by ransomware attack

"The attack has led to customer information from DBS Bank and Bank of China Limited, Singapore branch, being extracted by the threat actor. No customer log-in information has been compromised," said ...

Posted on 08/04/2025

DBS vendor ransomware attack potentially exposes 8,200 customer statements

Singapore's DBS Group said on Monday its data vendor, Toppan Next Tech (TNT), had suffered a ransomware attack, potentially compromising customer statements of around 8,200 DBS customers.

Posted on 08/04/2025

DBS customer data may be compromised as vendor suffers ransomware attack

Singapore's DBS Group said on Monday its data vendor Toppan Next Tech (TNT) had suffered a ransomware attack that potentially compromised customer statements of around 8,200 clients of the bank. TNT ...

Posted on 08/04/2025

More than 11,000 DBS, Bank of China customers’ information compromised after data attack on vendor

DBS said about 8,200 customers are potentially affected, while around 3,000 BOC customers are impacted. Read more at straitstimes.com. Read more at straitstimes.com.

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