SINGAPORE: Singapore's United Overseas Bank (UOB) expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday (Oct 26) a weaker-than-expected 1 per cent ...
UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business Update
The lender expects margins to remain firm with fee income increasing by double-digits for 2024. The post UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business ...
UOB Q3 net profit drops 1% to $1.38 billion after one-off Citi acquisition costs
SINGAPORE - UOB on Thursday posted core net profit of $1.48 billion for the third quarter ended Sept 30, an increase of 5 per cent from the same period last year, in line with Bloomberg forecasts.
Taylor Swift Mania Sparks Record-Breaking Jump in UOB Card Fees
Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...
Beware of phishing e-mails asking taxpayers to view property tax notices via WeTransfer: Iras
SINGAPORE – Do not click on a URL link purportedly from the Inland Revenue Authority of Singapore (Iras) claiming that your property tax notice is ready for viewing via WeTransfer, the government ...
Singapore’s NODX and factory output have been sliding. What does that mean for the economy?
SINGAPORE’S non-oil domestic exports (NODX) and factory output are closely linked metrics that reflect how key parts of the economy are performing. So far this year, this performance has not been ...
Salary Increments and Pay Raises in Singapore – How Much to Expect in 2024 and the Near Future
Will global economic uncertainties affect average salary increments and pay raises in Singapore? Here’s what to expect in 2024 and beyond.
Singapore retrenchments increased in third quarter of 2023: MOM
SINGAPORE — Retrenchments rose to 4,100 in the third quarter ... The top reason for retrenchments for the third quarter of 2023 was business reorganisation or restructuring, which was consistent with ...
Singapore factory output narrows drop in September as electronics rebounds
SINGAPORE - Singapore’s manufacturing performance in September is fuelling hopes of a turnaround after a year-long slump as electronics, and especially semiconductor, demand rebounded . Total factory ...
Regulation leaves Australia trailing Singapore as investment hub
The Financial Services Council said Australia can rival Singapore as a destination for offshore capital if rules around new fund structures are improved.
Crypto Across Borders: A Look at International Regulatory Strategies
The word "Crypto" originates from the Greek word "kruptós" meaning hidden or secret. Cryptocurrency is a form of digital currency that exists in a digital ...
Singapore to lift melamine import conditions for Chinese milk
Singapore is to remove melamine-related measures for the import of milk products from China. Requirements were established following the 2008 milk ...
Singapore Remittance Market to Reach $13.34 billion by Volume, by 2032 at 5.2% CAGR: Allied Market Research
“Singapore Remittance Market Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investment), Mode ...
Singapore’s factory output decline narrows to 2.1% as electronics production picks up
SINGAPORE’S manufacturing output slid 2.1 per cent on year in September, slowing from August’s 11.6 per cent decline as electronics output climbed, data from the Singapore Economic Development Board ...
Singapore retrenchments rise in Q3, unemployment on a ‘slow uptrend’
A total of 4,100 people were retrenched in the third quarter of 2023, as compared to 3,200 in the previous quarter, says the Manpower Ministry (MOM).
Retrenchments in Singapore rose to 4,100 in 3Q2023 with majority from wholesale trade sector: MOM
The proportion of firms which indicated an intention to hire in the next three months fell to 42.8% from 58.2%.