It is an increase from $12.2 billion in the previous financial year. Read more at straitstimes.com. Read more at straitstimes.com.
Don’t know these deals in JB & S’pore? You’re not maximising your POSB Mastercards.
If you don’t have time to cross the border, here’s some good news: POSB Mastercard members can also enjoy exclusive deals right here in Singapore, such as instant discounts and return vouchers at ...
DBS CEO Tan Su Shan is Fortune’s most powerful woman in Asia; Josephine Teo among most influential
Ms Tan is known for having brought a Bloomberg terminal into the hospital when she gave birth in 1999. Read more at straitstimes.com. Read more at straitstimes.com.
DBS picks three developers with potentially higher dividends, says sector discount ‘unwarranted’
Despite a close to 50% year-to-date run in share prices, developers’ price-to-book (P/B) valuations remain at 0.5x, representing a 60% discount to revised net asset value (RNAV).
DBS needs a strong candidate to succeed chairman Peter Seah. Here’s why
With the incumbent chairman in the seat for more than 15 years, change could be imminent Read more at The Business Times.
Stocks to watch: DBS, Keppel Reit, NetLink NBN Trust, StarHub, Info-Tech
SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): Read more at The Business Times.
Asia Morning Briefing: Singapore Authorities Say Token2049 Organizer Not Covered by Russia Sanctions After A7A5 Appearance
Monetary Authority of Singapore spokesperson tells CoinDesk that entities not regulated as financial institutions are not subject to sanctions measures.
NSW strengthens economic ties with Singapore through new Memorandum of Understanding
The NSW Government will enhance trade and investment opportunities with Singapore through a new Memorandum of Understanding (MoU) focused on innovation and the green economy.
Competition Commission Approves Temasek and Ivanhoe Cambridge Real Estate Investment Deal
According to the CCI announcement, the proposed combination involves the acquisition of equity stakes in multiple Singapore-incorporated entities with significant real estate investments in India.
NetLink NBN Trust opens 11th central office in Seletar, a $110 mil investment
The Seletar central office is located to serve Singapore’s northern and northwestern regions, which span across 40,000 new homes.
Envy nickel trading fraud: Chief investment officer of related firm fined over conflicts of interest
Under Doo Chun Ki, Envysion Wealth Management failed to put in place an appropriate risk management framework and failed to mitigate conflicts of interest in the management of assets.
AI key to boosting Singapore’s financial hub edge as Govt keeps improving guard rails: Josephine Teo
Singapore leverages AI to maintain its financial hub edge, with ongoing improvements in guardrails and innovative applications in financial services. Read more at straitstimes.com. Read more at ...
DBS jumps 3% to new all-time high, drives market cap past S$150 billion
[SINGAPORE] Shares of DBS : D05 +0.04% climbed as much as 3 per cent on Tuesday (Oct 7), driving its market capitalisation beyond S$150 billion. The counter hit S$54.77 as at 1.29 pm, continuing a ...
Singapore shares continue to rally; STI up 1.1%
[SINGAPORE] Singapore shares closed higher on Tuesday (Oct 7), buoyed by local bank DBS’ continued rally. The benchmark Straits Times Index (STI) rose 1.1 per cent or 50.55 points to end at 4,472.26.
Singapore-listed palm oil stocks seen benefiting as prices rise, ESG risks fall
Some counters could also benefit as efforts to boost the local stock market gain steam. Read more at straitstimes.com. Read more at straitstimes.com.
OCBC Upskills Mortgage Staff into Wealth Advisers to Deepen Advisory Capabilities
OCBC launches a four-month programme to upskill mortgage specialists into wealth advisers and strengthen talent retention.