RHB Bank Singapore has kept United Overseas Bank as its top pick among the three Singapore banks, following its 1QFY2023 earnings that grew by xx% y-o-y to hit a record $1.51 billion.
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not "falling off a cliff."
Singapore’s only public performing arts library to shut doors on 30 June
The only public library dedicated to the performing arts, library@esplanade, is set to close its doors on 30 June.
Singapore Tourism Suffers From Bus Driver Shortage
Local travel agencies in Singapore are saying that their tourism sector is suffering from a shortage of tour bus drivers, despite
Singapore court adjourns case related to Malaysian actor Kamal Adli’s attacker to May 30
Singapore Court has granted another four-week adjournment for an investigation officer to complete the investigation related to a man who allegedly
Analysts mixed on CDL Hospitality Trusts despite ‘stellar performance’ in core Singapore market for 1QFY2023
However, Citi Research’s Brandon Lee has reiterated his “sell” rating on CDLHT with an unchanged target price of $1.15, citing Far East Hospitality Trust (FEHT) as a “better proxy”, given its 100% ...
Singapore’s ABSD rate hike: The winners and the losers
Singapore increased the ABSD for all residential statuses by 3% to 30%. Real estate experts are calling the recent Additional Buyer Stamp Duties (ABSD) rate hike "punitive," having more negative than ...
US lawmakers push SEC to order audit of Shein ahead of planned IPO, over Uygur forced labour fears
A group of US representatives is asking the Securities and Exchange Commission (SEC) to halt the initial public offering of Chinese-founded fast-fashion giant Shein until it verifies it does not use ...
Singapore’s banking trio ‘outperforming pretty well,’ SGX strategist says
Geoff Howie, markets strategist at the Singapore Exchange, says "the grip that macro trends are having on … important sectors is dissipating somewhat." ...
Singapore ‘cannot afford to outbid the big boys’ to attract investments, says DPM Wong | Video
As major economies mobilise large sums of money to build up their own strategic industries, Singapore “cannot afford to outbid the big boys” to attract investments from multinational corporations, ...
Steady Start Called For Singapore Shares
Ahead of Monday's Labor Day holiday, the Singapore stock market had finished lower in four straight sessions, slumping more than 50 ...
Stock Market Live: Sensex, Nifty 50 to open with minor cuts as indices resume trading after long weekend
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open with minor cuts on the first trading day of the truncated week. Singapore Exchange Nifty futures, an early indicator of the ...
Rising from the Crypto Winter: Play It Forward Transforms into PIF Nation
Play It Forward (PIF), the leading SEA gaming platform, has announced its transformation into PIF Nation, marking its commitment to empowering gamers globally through fresh opportunities, resources, ...
Singapore’s DBS Bank posts record first-quarter profit, beating estimates
Singapore banks have benefited from a strong inflow of deposits amid global uncertainty due to their status as a financial safe haven.
Maiden ASEAN-India Maritime exercise starts in Singapore! Ten countries to participate
The week-long drills (May 2-8, 2023) aimed at “enhancing interoperability and exchange of best practices among participating navies" is expected to be inaugurated by Indian Chief of Naval Staff Admiral R Hari Kumar.
Singapore Deputy PM allays property price fears
SINGAPORE: Prime Minister-in-waiting Lawrence Wong used a May Day rally to address concerns over a red-hot property market fuelling economic inequality, saying citizens will always have affordable homes.