OCBC is Singapore’s second-largest bank and offers a comprehensive range of banking services for individuals and corporations. For its fiscal 2023’s first quarter (1Q 2023), the lender reported an ...
Singapore banks deliver strong earnings growth in Q1
OCBC outperformed with a net interest margin expansion of 75bp YoY. The big three banks of Singapore –- DBS, OCBC, and UOB –- saw sizable expansions in their respective net interest margin (NIM) in ...
HSBC aims to grow its Asian business amid pressure from top shareholder Ping An
HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...
Singapore Digital Banks Behind The Regulatory Times
The digital banking ecosystem among Southeast Asia's approximately 687 million inhabitants is diverse. Some ASEAN members, including the ...
Prince William And Kate Middleton To Attend The 2023 Earthshot Prize In Singapore
The Prince and Princess of Wales, William and Kate Middleton, are all set to attend the 2023 Earthshot Prize ceremony. The third annual award show is to be held in Singapore on 7 November 2023.
As China re-opens, ‘old friends’ from Singapore get a head start in resuming ties
A month before China resumed issuing all visas to foreigners on March 15, Singaporean businessman Tony Du received an invitation to visit the country from the Sichuan provincial government’s overseas ...
HSBC targets Asia growth amid pressure from top shareholder
The banking giant said it wants to grow revenues and lending in Asia after facing calls to split the bank in two.
Igniting Innovation in Singapore: The CIO view
According to State of the CIO 2023 findings, 90% of CIOs say that their role is becoming more digital and innovation focused. Yet such ambitions come with a caveat as CIOs build a foundation for ...
HSBC targets ‘mid-teens’ Asia returns amid Ping An pressure
Top shareholder Ping An Insurance Group has criticized the bank’s current model in Asia as being inefficient. Read more at straitstimes.com.
Singapore Passes MAS’ Bill on ‘COSMIC’ to Gather Info on “Red Flag” Customers
The Singapore parliament has passed the Monetary Authority of Singapore's (MAS) bill to establish the COSMIC platform.
UOB unveils exclusive wine pairing dinners for cardholders
Cardholders can also attend invite-only wine masterclasses. UOB has inked a partnership with Robert Parker Wine Advocate to offer exclusive wine pairing dinners to the bank's cardholders. The two-year ...
Singapore’s long-serving c.bank chief reappointed for 2 years
Singapore's central banker Ravi Menon has been re-appointed in his role for another two years, the Monetary Authority of Singapore (MAS) said on Friday.
Singapore Stock Market May Open Lower On Monday
The Singapore stock market has moved lower in six straight sessions, slipping more than 60 points or 1.8 percent along the way. The Straits Times Index now sits just beneath the 3,210-point plateau ...
7th Edition of the Hospitality Finance & Economics Conference 2023 to be held in Singapore for the first time
The forum will bring together industry experts and key academics who will provide an exclusive preview into their pre-published papers and findings on the challenges, opportunities & innovation in the ...
5 Best Personal Loans in Singapore with Lowest Interest Rates (May 2023)
If you’re in urgent need of money, but too paiseh to borrow from your family and friends, your best bet is probably a personal loan. With a personal loan, you borrow cash... The post 5 Best Personal ...
UOB Kay Hian Remains a Hold on Singapore Post (SPSTF)
UOB Kay Hian analyst Llelleythan Tan maintained a Hold rating on Singapore Post (SPSTF – Research Report) yesterday and set a price ...