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Category: FINANCE

Posted on 26/01/2024

DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst

Two of Singapore’s biggest banks are expected to report higher profits but softer net interest and non-interest income for Q4 2023, according to UOB Kay Hian. DBS and OCBC will release their financial ...

Posted on 26/01/2024

Singapore shares end Friday higher as regional markets trade mixed

SINGAPORE – Local shares ended in the black on the last trading ... The local banks were also among the gainers, with DBS, OCBC and UOB rising between 0.6 per cent and 1.2 per cent. With the banks due ...

Posted on 26/01/2024

Hot stock: Investors bet on Genting Singapore following strong showing from rival MBS

SHARES of Genting Singapore rose 5.6 per cent on Friday (Jan 26), as strong growth in casino revenue by its competitor Marina Bay Sands (MBS) boosted investor sentiments in the sector. Read more at ...

Posted on 26/01/2024

Singapore venture financier InnoVen eyes China’s technology start-ups after US$130 million fundraising

Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.

Posted on 26/01/2024

NTUC Income, DBS PayLah! are most favourably perceived insurance and payment brands in Singapore: New ranking

SINGAPORE – NTUC Income and DBS PayLah! have taken the lead in YouGov's annual BrandIndex – a syndicated brand tracker which continuously collects data on thousands of brands around the globe every ...

Posted on 26/01/2024

AbbVie Expands Biologics Manufacturing Capacity with a $223 Million Investment in Singapore Manufacturing Site

US$223 million expansion will add biologics capacity to AbbVie manufacturing network Singapore manufacturing site to grow to more than 500 employees following expansion Construction will commence ...

Posted on 26/01/2024

Singapore Shares Expected To Remain Rangebound On Friday

The Singapore stock market turned lower again on Thursday, one day after ending the two-day losing streak in which it had slipped ...

Posted on 26/01/2024

Investment Opportunities V exits PNB Housing; sells entire stake for Rs 2,106 cr

Singapore-based investor Investment Opportunities V Pte on Thursday sold its entire 9.88 per cent stake in PNB Housing Finance for Rs 2,106 crore through an open market transaction. According to the ...

Posted on 26/01/2024

2 teens among 4 people arrested in islandwide anti-scam enforcement operation

The operation was conducted by officers from the Commercial Affairs Department between Jan 22 and 24. Read more at straitstimes.com.

Posted on 26/01/2024

DLF acquires 29 acres land in Gurugram’s Golf Course Extension for ₹825 crore

This strategic acquisition follows DLF's entry into an agreement with Standard Chartered Bank, Singapore Branch, DB International (Asia) Ltd Singapore, and Deutsche Investments India Private Ltd for ...

Posted on 25/01/2024

Singapore central bank expected to maintain monetary policy amid lingering inflation concerns

A group of 13 analysts agreed that MAS will likely wait for more evidence of a consistent decline in inflation before adjusting policy.

Posted on 25/01/2024

Singapore shares went down at Thursday’s open; STI down 0.2%

SINGAPORE: Singapore shares went down at Thursday’s open ... DBS rose by 0.3%, gaining S$0.10 to reach S$31.94, while UOB dipped by 0.1%, shedding S$0.04 to settle at S$27.86. OCBC also slipped by 0.1 ...

Posted on 25/01/2024

Singapore’s Chen Xingtong, 15, wins qualifer to earn debut at golf’s HSBC Women’s World Championship

Fellow amateur Atienza (74) and professional Tan (72), who has made five appearances at the HSBC event, were tied second with a four-over 148 total. The Singapore Sports School student said: “It kept ...

Posted on 25/01/2024

Best Buffets Singapore: Carousel, Colony, Edge, Peppermint, The Line Buffet Prices (2024)

Aside from atas Michelin-starred restaurants, buffets are pretty much the most lavish and expensive way to eat out. Sure, there's the occasional credit card promotion and 1-for-1 hotel buffet offer, ...

Posted on 25/01/2024

Skills development a key focus of new Singapore Sustainable Finance Association

the Guidelines for Responsible Financing, launched by the Association of Banks in Singapore in 2015 the first issuance of a green bond by a Singapore company, City Developments Limited in 2017. This ...

Posted on 25/01/2024

Singapore-based drug manufacturer GDMC secures US$21 million Series A funding

GENETIC Design and Manufacturing Corporation (GDMC), an advanced therapy drug manufacturer headquartered in Singapore, has raised US$21 million in Series A funding led by Hong Kong private equity firm ...

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