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.
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.
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.
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Malaysia’s Pet World Nutritions eyes IPO in Singapore as early as end-2023
Malaysian pet food maker Pet World Nutritions is planning an initial public offering (IPO) in Singapore to raise up to US$100 million (RM443.4 million), two sources with knowledge of the matter told ...
Food importer, partner of another firm fined S$8.5k for illegally importing 600kg of vegetables from Malaysia
A food import firm and a partner of another food importer were fined a total of S$8,500 on Thursday (Feb 23) for illegally importing fresh and processed vegetables for sale.
Singapore to Suspend Works on Disputed Island, Malaysia Says
Singapore’s government has agreed to temporarily suspend development plans and reclamation activities on an island that had been in dispute with Malaysia, according to Malaysia’s Deputy Foreign ...
3 Singapore Stocks That Have Room for Much Higher Dividends
The great thing about Singapore’s stock market is that it has a wide range of REITs and dividend-paying companies that offer you a breadth of choices for your investment portfolio. In an era of high ...
Malaysia’s Pet World Nutritions eyes Singapore IPO as early as end-2023
Malaysian pet food maker Pet World Nutritions is planning an initial public offering (IPO) in Singapore to raise up to US$100 million, two sources with knowledge of the matter told Reuters, in what ...