SINGAPORE: Former senior minister Teo Chee Hean will step down from the GIC board and as chairman of its International Advisory Board on June 30, ahead of his appointment as Temasek's chairman.
DBS becomes first Singapore-listed company to top US$100 billion in market value
At the current market value, DBS ranks about 22nd among global banks. Read more at straitstimes.com. Read more at straitstimes.com.
Money Talks – Navigating the financial costs of cancer
Beyond the physical and emotional toll that comes with having cancer, the financial burden can be just as daunting. So what are the key costs to consider if you or your loved one are faced with cancer ...
StanChart brings maximum interest rate on savings account to record 8.05%
SINGAPORE] While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an all-time high. Read more at The Business Times.
CPF LIFE payouts recognised as retirees’ proof of payment when applying for DBS & POSB credit cards from June 11
It would be the first bank to formally recognise CPF LIFE payouts as income when assessing credit card applications.
Singapore employers slow to act on office upgrades despite growing worker demand
One commenter highlighted the need for “an eco-friendly setting, supported by the latest technology to promote productivity and creativity.” ...
Singapore’s projected carbon tax revenue for 2024 lower than expected after five-fold hike in tax rate
SINGAPORE: The revenue collected from Singapore's carbon tax for 2024 – the year the tax rate went up to five times from before – is projected to be about S$642 million, The Straits Times has learnt.
Asia Tech x Singapore 2025 Recap
At the recent ATxSummit, the apex event of Asia Tech x Singapore (ATxSG) 2025, organised by the Infocomm Media Development Authority of Singapore (IMDA), key global and regional efforts around AI, LLM ...
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
SINGAPORE] DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a stronger and more focused business strategy. Read more ...
UOB maintains Vietnam’s 2025 GDP growth forecast at 6% despite trade headwinds
VOV.VN - The Singapore-based United Overseas Bank (UOB) has reaffirmed its forecast for Vietnam’s economic growth at 6% for 2025 and 6.3% for 2026, according to a UOB report released on June 9.
DBS named CGSI’s sector top pick as Singapore banks likely to post limited earnings growth in macroeconomic uncertainty
Analysts Tay Wee Kuang and Lim Siew Khee are “neutral” on the sector but have “add” calls for DBS and UOB and “hold” for OCBC.
These 5 Singapore Dividend Stocks Beat DBS Over the Last Decade: Did You Own Them?
DBS has done very well over the last decade by delivering a mix of capital gains and dividends for its shareholders. But these five stocks beat the bank over the same period. The post These 5 ...
DBS Becomes First Singapore-Listed Firm to Hit US$100B Valuation
DBS becomes the first Singapore-listed firm to surpass US$100 billion in value, boosted by a weaker dollar and wealth growth.
OCBC’s offer for GEH has a ‘good chance of being accepted’, says RHB
The revised offer by Oversea-Chinese Banking Corporation (OCBC) for Great Eastern Holdings ’ (GEH) shares has a “good chance of being accepted” due to its improved price, says the research team at RHB ...
S’pore ranks among top global hubs for tech talent and investment, study shows
But the Republic is also one of the costliest cities to run a tech business. Read more at straitstimes.com. Read more at straitstimes.com.
DBS Tops $100 Billion Market Value in Singapore Exchange First
DBS Group Holdings Ltd. became the first bank in Singapore to top $100 billion in market value, helped by a softer US currency that amplified gains on the local stock market.