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Posted on 24/02/2023

Rich Investors’ Reluctance to Trade Is Blow to Singapore Banks

Asia millionaires’ reduced risk appetite is hitting Singapore banks at a time when they are welcoming ... US-China tension and an uncertain economic outlook. Oversea-Chinese Banking Corp., the country ...

Posted on 24/02/2023

Singapore Budget 2023 debate: MPs suggest ways to help youth better hone skills and find work, look after mental health

SINGAPORE, Feb 24 – Offering graduate subsidies and loans ... The debate was in response to Finance Minister Lawrence Wong’s Budget statement last week. Education and training, as in past years, ...

Posted on 24/02/2023

Citibank Singapore Appoints Matt Read as Retail Banking Head

Corporate veteran to build on good start to bank's bold wealth management goals SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- Citi has named Matt Read as Citibank Singapore's Retail Banking Head, effective ...

Posted on 24/02/2023

Singapore bank OCBC’s Q4 profit rises, fee income falls

SINGAPORE: Singapore's second-largest lender Oversea-Chinese Banking Corp (OCBC) reported a 34 per cent rise in quarterly profit on Friday (Feb 24), driven by higher interest rates, but income from ...

Posted on 24/02/2023

Singapore bank OCBC’s Q4 profit rises, sees higher net interest margin ahead

Singapore's second-largest lender Oversea-Chinese Banking Corp (OCBC) reported a 34% rise in quarterly profit on Friday, driven by higher interest rates, but income from wealth management fees and its ...

Posted on 24/02/2023

OCBC 4Q Profit Up 34% on Net Interest Income Gains

Net profit for the period ended December was 1.31 billion Singapore dollars ($975.6 million), while net interest income was S$2.39 billion, up 60% from S$1.49 billion a year earlier, OCBC said Friday.

Posted on 24/02/2023

Crypto retrenchment persists with over 2,000 jobs lost in 2023

Here are some of the crypto job cuts announced or reported in just the first two months of 2023 Read more at straitstimes.com.

Posted on 24/02/2023

Commentary: Parenthood incentives – Singapore cannot keep doing more of the same without knowing whether these really work

A common misconception is that Singapore’s marriage and parenthood initiatives have failed because total fertility rates keep declining, but that may not be true, says NUS’ Kelvin Seah.

Posted on 24/02/2023

Singapore’s Grab speeds up profit outlook as cost cuts pay off

SINGAPORE -- Singapore-based tech group Grab said it expects to deliver its first profit sooner than it had forecast after cutting earnings-draining incentives for the first time since its ...

Posted on 24/02/2023

Singapore: Inflation slips below expectations but stays hot

Headline inflation inched up to 6.6% year-on-year but settled well below market expectations January headline inflation ticked higher but settled much lower than what market participants had expected.

Posted on 24/02/2023

Singapore’s Grab brings forward profitability goal, sees strong 2023

Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline, betting on strong demand for ...

Posted on 24/02/2023

Nokia secures 5G network extension deal in Singapore

Nokia deploy a 5G Standalone (SA) network for both indoor and outdoor coverage. Finnish vendor Nokia secured a ten-year extension to its existing nationwide 5G network deal with A ...

Posted on 24/02/2023

Singapore ride-hailing firm Grab beats on revenue, pulls forward profitability timeline

Grab expects 2023 revenue to come in between $2.20 billion and $2.30 billion. Singapore-based ride-hailing and food delivery giant Grab on Thursday posted strong revenue growth and narrowed losses in ...

Posted on 24/02/2023

UPDATE 3-Singapore’s Grab sees 2023 revenue growth, brings forward profitability target

Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will ...

Posted on 24/02/2023

Singapore’s Grab sees 2023 revenue growth, brings forward profitability target

Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will ...

Posted on 24/02/2023

In pictures: Crescent moon, Jupiter and Venus seen in alignment over Singapore

SINGAPORE: Skygazers in Singapore were treated to a clear view of the crescent moon, Jupiter and Venus on Thursday (Feb 23) evening – with all three celestial bodies seen in alignment.  According to ...

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