DBS Group Holdings Ltd. clinched a deal to rent retail space in Central’s New World Tower for 18% less than the asking price, according to a person familiar with the matter.
The Singapore Dollar Hits 3.50 Against The Malaysian Ringgit: 3 Groups Who Will Be Benefit (And 2 Groups Who Won’t)
With the Malaysian Ringgit trading at 3.50 against the Singapore Dollar, there will be some groups of people who will gain from the appreciation of the SGD ...
OCBC and SIA: SGX Banking Shares for Steady Dividend Income
SGX-listed Oversea-Chinese Banking Corp. Ltd., or OCBC (SG:O39), and Singapore Airlines Limited, or SIA (SG:C6L), are popular stocks in the market known for their steady dividend income. These stocks ...
Singapore Accelerates Digital Asset Licensing in Global Fintech Race
As the sun sets over Singapore's glittering skyline, an unseen race is being waged. Not on the city's bustling streets or in its high-tech offices, but in the ether of digital space where ...
Analysts mixed on UOB’s outlook after 3QFY2023 results
OCBC Investment Research’s Carmen Lee has also kept her “buy” call on UOB with an unchanged target price of $32.50 after the bank’s 3QFY2023 earnings were in line with her expectations. The analyst is ...
UOB makes steady progress on net zero commitment
UOB today released its first net zero progress report on its commitment to reach net zero by 2050, as it makes positive headway in meeting the targets set for its focus sectors.
DBS upgrades OUE Commercial REIT to ‘buy’ as hospitality sector recovers ahead of expectations
The REIT’s asset enhancement initiative (AEI) at Crown Plaza Changi Airport, which is slated to be completed by December 2023, is expected to attract more travellers in 2024 and beyond.
Why The Next Blockbuster Therapy May Come Out Of Singapore
Singapore's recruitment of talent, billions in investment, top universities, and attraction of venture capital makes it an exciting emerging hub for biotech innovation.
Bernard Arnault-backed Singapore Spac nears merger with Kacific: sources
A SINGAPORE blank-cheque company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite Internet provider Kacific ...
What is Halal Investment? A Guide to Singapore’s Buzzing Islamic Finance Scene
As the financial hub of Southeast Asia, Singapore’s constantly making strides in different arenas. This time round, our eyes are on Halal investing. At its core, Halal investing is more than just a ...
Korea Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund
More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. Short for Korea Investment Partners Southeast Asia, KIPSEA has a ...
Brokers’ take: DBS upgrades OUE C-Reit to ‘buy’ after recovery beats expectations
DBS Group Research on Tuesday (Oct 31) upgraded OUE Commercial Real Estate Investment Trust (OUE C-Reit) to “buy” from “hold”. Its target price of S$0.35 remained unchanged. Read more at The Business ...
VML merger: Lessons from DBS/POSB by Robin Nayak
Not this time in the creative hotbed of adland, but the hard nose business of banking. Back then DBS had acquired Singapore’s popular savings bank POSB, an institution generations grew up with. Most ...
GIC appoints former DBS executive Jeanette Wong as board director
GIC on Thursday (Oct 31) named Jeanette Wong, a former executive at DBS, as a director of its board with effect from Nov 8, 2023. Read more at The Business Times.
Singapore shares rise at Tuesday’s open; STI up 0.6%
SINGAPORE stocks opened higher on Tuesday (Oct 31), tracking overnight gains in the US and European stock markets. The Straits Times Index (STI) headed up 0.6 per cent or 19.49 points to 3,083.78 as ...
Teenagers lured by ‘fast cash’ among 9 people to be charged with disclosing Singpass, banking details
The nine people arrested are suspected to be involved in money laundering activities linked to banking-related phishing scams.