Welcome to this week’s edition of top stock market highlights. StarHub released its earnings ... while looking to diversify its customer base and regional presence. Genting Singapore also released its 1H 2024 earnings and delivered a strong set of ...
The Week Ahead: Trade and inflation data, EPB’s IPO debut in focus
This article first appeared in The Edge Malaysia Weekly on August 19, 2024 - August 25, 2024Malaysia kicks things off on Monday with the release of July’s external trade numbers, where UOB Global ...
COSCO SHIPPING International (Singapore) First Half 2024 Earnings: EPS: S$0.001 (vs S$0.001 in 1H 2023)
Net income: S$2.28m (up 16% from 1H 2023). Profit margin: 2.8% (up from 2.2% in 1H 2023). The increase in margin was driven by lower expenses. COSCO SHIPPING International (Singapore) shares are up ...
Q & M Dental Group (Singapore) First Half 2024 Earnings: EPS: S$0.01 (vs S$0.006 in 1H 2023)
Performance of the market in Singapore. The company's shares are up 1.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign ...
Number of loans to female entrepreneurs rises over 30% after launch of SME programme in April: OCBC
MORE female-owned businesses in Singapore took loans from OCBC, following the launch of a programme aimed at accelerating the growth of women-led small and medium-sized enterprises (SMEs) in April.
Former bank employees in Singapore charged in money laundering scheme
Two former bank relationship managers are facing multiple charges for their involvement with a billion-dollar money laundering operation that converted dirty money into assets held in Singapore, ...
Singapore jails businessman who tried to buy Newcastle United in 2020
Loh made headlines in 2020 for an attempt to buy Newcastle United but left Singapore weeks later amid allegations of accounting irregularities.
StanChart unveils account linking clients’ rates to their ESG performance
The corporate banking product will be piloted in the bank’s Hong Kong and Singapore markets before a further rollout “in due course.” ...
Nelson Loh jailed 15 years, 9 months for forgery, cheating, money laundering
In a statement on Friday (Aug 16), the Singapore Police Force said that Loh was convicted ... BT had previously reported these banks as Maybank, Standard Chartered Bank, Citibank, DBS, UOB and HSBC.
Singaporean linked to Newcastle United takeover bid, jailed 15 years and nine months
He faced a total of 60 charges, including over cheating, forgery and money laundering. Read more at straitstimes.com.
Sea returns to black in 2QFY2024, OCBC keeps ‘buy’ at raised FV of US$90
While Sea returned to the black in its 2QFY2024, OCBC's Lim notes that its EPS of 14 US cents came in below estimates.
Max Maeder and DBS CEO Piyush Gupta banter over Olympic Village muffins, role models and exercise routines
After his historic performance at the Marseille Marina, Olympic Bronze medalist Maximilian 'Max' Maeder returned to Singapore to much fanfare. From the moment he landed at Changi Airport to the ...
Singapore Lifestyle Firm Seeks $50 Million Private Loan for Luxury Indonesian Resort
Singapore-based lifestyle and hospitality investment company Rascal Ventures Pte. is seeking around $50 million of private credit to expedite the completion and opening of its luxury resort in ...
Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says
UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.
StarHub finance chief Dennis Chia resigns, GoTo’s Jacky Lo to take over
Dennis Chia has resigned from his position just over nine years into the role, citing “personal reasons”. Read more at straitstimes.com.
The Beginner’s Guide to Singapore Treasury Bills for Individual Investors 2024: What are T-bills and How to Apply
Thinking about where to park your hard-earned cash in Singapore? You’re looking in the right place. Living in one of the world’s most expensive cities isn’t easy on the wallet.... The post The ...