SINGAPORE (Reuters) - Singapore's biggest bank DBS Group reported on Thursday a 48% rise in net profit in the second quarter from a year earlier on the back of stronger total income growth.
Singapore bank DBS’ Q2 profit jumps 48%, beats forecasts
Singapore's biggest bank DBS Group posted on Thursday a 48% surge in second-quarter net profit that beat expectations, as a stronger net interest income drove earnings.
Singapore PM Pushes Back as Opposition Slams Scandal Response
Singapore Prime Minister Lee Hsien Loong vowed to protect the integrity of governance, fighting back opposition questions following a series of scandals that have put his party’s reputation to the test.
Singapore’s Indian origin investment Guru Narayana Iyer Narayanan dies
Singapore’s investment guru Narayana Iyer Narayanan, who represented the interests of minority stakeholders in major corporations, has passed away. He was 95. Narayanan, who had deep knowledge of the ...
Finmo launches in Singapore after securing MPI license
Finmo, a payments company headquartered in Singapore, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Australia’s upcoming global minimum tax is intended to stop offshore tax evasion. There are doubts it will work
In 2016, reportedly half of US corporate profits were stashed in seven countries with low tax rates: Bermuda, the Cayman Islands, Ireland, Luxembourg, the Netherlands, Singapore and Switzerland. In ...
Singapore is building technology it needs for a new climate era
SINGAPORE has gone from a mudflat swamp with fishing villages to an island metropolis boasting one of the world’s highest incomes and population densities in a little more than 150 years. It’s going ...
Singapore PM admits ruling party ‘has taken a hit’ from scandals
Singapore's Prime Minister mounted a vigorous defence of his long-ruling People's Action Party on Wednesday, even as he acknowledged it had "taken a hit" after a rare spate of political scandals. Lee Hsien Loong vowed, however, to "show Singaporeans that ...
Mom Who Apparently Jumped Off Royal Caribbean Cruise Ship Near Singapore Has Died, Family Says
A woman is presumed dead after seemingly going overboard while traveling on a Royal Caribbean cruise ship this week
SG’s Keppel Corporation, HSBC HK Seal MOU for Carbon Reduction Co-op
Keppel Corporation, through its infrastructure division Keppel Infrastructure, and HSBC Hong Kong signed a Memorandum of Understanding (MOU) in Singapore on 24 July to explore coll... Keppel ...
Singapore’s PMI edges up in July but remains contractionary for 5th straight month
SINGAPORE’S Purchasing Managers’ Index (PMI) reading inched up 0.1 point in July to 49.8, posting a slower contraction than June’s 49.7 reading, data from the Singapore Institute of Purchasing and ...
Singapore Manufacturing Activity Gauge Improved Slightly in July
Singapore's manufacturing activity shrank at a slower pace in July, mainly due to a deceleration in the contraction of ...
Indian woman who went missing from cruise ship sailing out of Singapore is dead: Son
The 64-year-old Indian woman who had gone missing after she fell overboard from a ship as it sailed through the Strait of Singapore
Singapore’s PM defends governance after scandals
Singapore’s prime minister has defended its reputation for clean governance after a corruption investigation and an “inappropriate” parliamentary relationship tarnished the city-state’s image just as ...
Singapore’s rental price growth slows in Q2, easing affordability concerns
Singapore's rental price growth slowed in Q2, with an index of private residential prices rising 2.8% from the previous three months. ( read original story ...)
Singapore’s Lee slashed arrested minister’s pay
Opposition lawmakers are also asking if the government received any requests from the UK related to Formula One mogul Bernie Ecclestone’s alleged undisclosed assets of $650 million in a Singapore bank ...