HSBC reported a 15 per cent dip in first-half profit as credit loss provisions rose, but the fall was not as bad as feared and Europe's biggest bank lifted its returns guidance in the belief that ... ( read original story ...)
HSBC H1 pretax profit falls 15%, increases equity goal
HSBC Holdings PLC reported a 15 per cent drop in first-half profit as expected credit losses more than offset the impact from rising net interest income at Europe's biggest bank.The ... ( read original story ...)
High House Rental Rates in Singapore: Should You Rent Now?
With the news of rental prices steadily rising, it will definitely put doubt in prospective tenants’ minds. If you are unsure of whether to rent now or not, read more to find out. ( read original story ...)
Flexi-work becoming more common in S’pore despite shift to living with Covid-19
All employees here have been able to return to the workplace since April 26, alongside the easing of other Covid-19 measures, including group size limits. Aside from large corporates, the public ... ( read original story ...)
Analysts take a shine to UOB’s net interest margin, voice concerns over asset quality, macro outlook
In a July 29 note, CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are maintaining “add” on UOB with a target price of $35.60. “Net interest margin (NIM) expansion remains UOB’s key ... ( read original story ...)
Inflation in Singapore Is Hitting Households Harder, DBS Says
The global inflation wave that has crashed onto Singapore’s shores is hitting households harder as they pile up more expenses while incomes aren’t keeping up. ( read original story ...)
DBS raises interest rates on its flagship savings account
Multiplier customers can now earn a maximum of 3.5 per annum, up from 3 per cent previously, for balances of over $50,000. Read more at straitstimes.com. ( read original story ...)
How high do business sectors expect their revenue to jump in Q3?
One sector expects its operating receipts to increase by 55%. Most business sectors in Singapore believe their operations and revenue will be better in July, August, and September, data from the ... ( read original story ...)
Zoom still hiring in Singapore as growth continues post-pandemic
SINGAPORE - American video communications firm Zoom will continue to hire and expand its presence in Singapore even as many other global technology firms have scaled back recruitment and spending in ... ( read original story ...)
Additional S$66 million allocated to support R&D programme for Singapore’s urban challenges
The S$66 million will support solutions that can help upgrade Singapore's ageing infrastructure and create more space for the city's needs, says Minister for National Development Desmond Lee. ( read original story ...)
Creative Technology – It’s more than just automation
While it is crucial for the industry to address the impending shakeup, it is also important to take a step back and consider another important aspect of overall marketing strategy: Creative technology ... ( read original story ...)
Cities like Singapore should continue to stay open to investments and talent, key to progress: Teo Chee Hean
SINGAPORE: Cities like Singapore should continue to stay open to investments and talent from around the world, Senior Minister Teo Chee Hean said on Monday (Aug 1). Speaking at this year's World ... ( read original story ...)
5 Things You Can Do With OCBC Pay Anyone That You (Probably) Never Knew You Could With A Cashless Lifestyle Payment App
This article was written in collaboration with OCBC. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for ... ( read original story ...)
Celebrating Singapore’s birthday: Shopee connects local sellers with more customers
The e-commerce platform’s 8.8 National Day Sale and Support Local National Day Giveaway help Singapore businesses thrive online while offering customers more value. ( read original story ...)
Religious groups in Singapore say marriage between man, woman should be safeguarded; LGBTQ group has no plans to challenge it
Religious groups have said that marriage between a man and a woman should be safeguarded as an institution if Section 377A is repealed, while a lesbian, ... ( read original story ...)
Investment sales for properties could exceed $30b: report
Investors seek to field capital whilst inflation keeps rising. Even if interest rates are increasing, investment transactions for Singapore property are expected to surpass $30b, revealed Cushman & ... ( read original story ...)