Fast-growing markets such as Indonesia are attracting banks looking to expand, especially with the likes of HSBC and Citigroup Inc selling some non-core assets.
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
[HONG KONG/SINGAPORE] OCBC has emerged as the preferred bidder to buy HSBC Holdings’ retail assets in Indonesia, sources familiar with the matter said, as the Singaporean lender seeks to boost its ...
OCBC is lead bidder for HSBC’s Indonesia assets: Sources
A deal value HSBC’s consumer business in the country at more than 6 trillion rupiah (S$444 million), sources say. Read more at straitstimes.com. Read more at straitstimes.com.
CEO of Southeast Asia’s largest bank warns investors: ‘Buckle up, we’re in for a volatile ride’
DBS CEO Tan Su Shan cautioned investors about persistent market swings amid stretched U.S. valuations and concentrated AI stock exposure.
Singapore’s Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand
Singapores non-oil domestic exports (NODX) posted a remarkable 15.3% year-on-year increase in March 2026, marking the seventh consecutive month of growth, according to Enterprise Singapore. The strong ...
Singapore property rental market may face headwind and disruptions in 2026
There will be a significant surge in housing supply, new macroeconomic challenges and evolving tenant profiles Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
[SINGAPORE] The Republic’s key exports expanded by a stronger-than-expected 15.3 per cent year on year in March, on the back of an electronics surge supported by strong artificial intelligence-related ...
Singapore key exports surge 15.3% in March on AI-driven electronics demand
Singapore's key exports rose 15.3% in March, driven by a significant surge in AI-related electronics and semiconductor demand. Read more at straitstimes.com. Read more at straitstimes.com.
Three more EU countries added as Singapore’s meat and egg sources
The new import sources are Greece, Lithuania and Latvia. Read more at straitstimes.com. Read more at straitstimes.com.
Digital Realty eyes S$7-B investment to bolster Singapore as APAC AI hub
Digital Realty is targeting nearly S$7 billion of total investment in Singapore, reinforcing the market’s critical role as an AI infrastructure hub for the Asia-Pacific region. Of that amount, more ...
Three more EU countries added as Singapore’s source for meat, egg products
Greece, Lithuania and Latvia have been added as new import sources. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore and Malaysia knock heads over the war in Iran
Would Singapore talk to Iran in order to secure safe passage for its ships through the Strait of Hormuz? “Similar to what other countries, like Malaysia, have done,” he added, in a debate on April 7th ...
OCBC says exposure to Middle East ‘not very large’ at 2% – 3%: AGM
Addressing questions about OCBC’s share price performance relative to DBS, chairman Andrew Lee says the stock's movement is linked to the bank’s performance and external circumstances.
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
The lender instead allocated half that amount to a two-year capital return plan Read more at The Business Times.
Singapore Business Federation joins govt in rejecting US claims in manufacturing, forced labour probe
Singapore is among more than a dozen economies targeted by investigations launched in March by the Office of the US Trade Representative.
Singapore rejects US claims in manufacturing, forced labor probe
Singapore’s business lobby has joined the government in pushing back against a sweeping US trade probe that alleges manufacturing overcapacity and failures to enforce bans on imports linked to forced ...