SINGAPORE: Singapore's biggest bank DBS Group said on Thursday (Aug 3) its second-quarter profit jumped a forecast-beating 48 per cent to a new record as higher interest rates helped drive income ...
DBS Q2 profit jumps 48% to $2.69b; dividend of 48c declared
DBS Group Holdings on Thursday reported record quarterly earnings as higher interest rates continued to lift its margins despite muted loan growth. Wealth management and card fees also rebounded after ...
DBS Q2 profit beats forecasts to rise 45% to S$2.6 billion; declares S$0.48 dividend
SINGAPORE’S largest lender DBS posted a net profit of S$2.6 billion for the second quarter ended June, representing a 45 per cent year-on-year increase from S$1.8 billion. Read more at The Business ...
Singapore not banning lorries for migrant worker transport despite accidents injuring dozens
Advocacy groups have called for a halt to the practice that has resulted in fatalities for migrant workers in past years. Businesses countered that a ban would pile on costs and result in traffic woes ...
Can Property Investing Ever Be Safe? Here’s Why A Guaranteed Real Estate-Backed Loan Could Be Your Best Option For Regular Passive Income
Since BigFundr’s targeted Deal returns of more than 6% nett p.a. are currently higher than fixed deposits and provide more stability than equity investments, investors can now diversify into investing ...
Singapore’s Bank DBS Second-Quarter Net Profit Jumps 48% On-Year
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 ...