DBS Group said on Wednesday Tan Su Shan, its head of institutional banking, will succeed Piyush Gupta as CEO when he retires in March, making her the first woman to lead Singapore's and Southeast ...
Singapore Airlines shifts import cargo handling from dnata to Swissport at AMS
Earlier this week, The STAT Trade Times had reported the serious operational challenges at dnata’s new $70-million, fully automated, 61,000 m² cargo facility at the Amsterdam Schiphol Airport.
Singapore’s largest banks deliver a mixed report card on profits amid looming rate cuts and U.S. tariffs threats
DBS's quarterly profit grew by 1% yet the bank acknowledged "external uncertainties." Profit at fellow banks UOB and OCBC fell.
Singapore new corporate debt issuance up 34% to S$308 billion in 2024
SINGAPORE] The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion. Read more at The Business Times.
Singapore bank DBS shares hit record after earnings beat, dividend raise
Singapore's DBS , Southeast Asia's biggest bank by assets, on Thursday reaffirmed its full-year outlook after reporting quarterly profit that beat market expectations, sending its share price to a ...
Singapore bank DBS shares set record after firm earnings, dividend raise
Singapore's DBS, Southeast Asia's biggest bank by assets, on Thursday reaffirmed its full-year outlook after reporting quarterly profit that beat market expectations, sending its share price to a ...
Singapore apps increase paid acquisition as engagement stays high
Singapore’s reattribution share rose to 0.61, well above the global benchmark. Singapore’s mobile shopping apps are leaning harder into paid user acquisition in 2025, according to a report. In its ...
Singapore GDP Remains Steady as Nation-State Attracts Significant Investments, Report Reveals
Singapore Market Snapshot, released by PitchBook, offers overview of the nation-state's evolving macroeconomic and microeconomic landscape.
Singapore developers seen holding back on land bids
Some may form joint ventures for big projects to cut risk. Singapore property developers are unlikely to bid aggressively for upcoming land sales, weighed down by elevated construction costs, tighter ... ( read original story ...)
DBS outgrows peers and global banks in the past 15 years
DBS Group Holdings has had a spectacular run since 2009, when Piyush Gupta took over as group CEO. DBS was founded in 1968 and acquired POSB Bank in 1998. POSB was founded in 1877, making it Singapore ...
123-year-old insurer holds its own with consistent rise in NBEV
In 1H2025, GEH announced 16% y-o-y growth in NBEV to $316.5 million. Its interim dividend of 50 cents per share works out at $236.65 million. That could take embedded value per share on a ...
Singapore reluctant to invest in Amaravati; to participate in investor’s summit in Visakhapatnam
VIJAYAWADA: The Andhra Pradesh government’s efforts to revive Amaravati’s development took a significant step forward, with Singapore agreeing to maintain cordial relations with the state and ...
Singapore bank DBS keeps 2025 outlook, UOB trims expectations after mixed Q2 results
Singapore's banks posted mixed second-quarter earnings on Thursday, with DBS Group maintaining its 2025 outlook and United Overseas Bank resuming guidance but trimming expectations amid macroeconomic ...
SIngapore’s UOB clocks weaker-than-expected Q2 profit
Investing.com-- United Overseas Bank (SGX: UOBH) on Thursday clocked a weaker-than-expected net profit for the June quarter, as the Singaporean lender saw weaker margins due to pressure from lower ...
Singapore lender DBS maintains 2025 outlook, Q2 profit beats forecasts with 1% rise
Singapore's biggest bank DBS Group maintained its 2025 outlook after posting a 1% rise in second-quarter net profit on Thursday that beat expectations on the back of higher total income.
Singapore’s bank DBS second-quarter net profit rises 1%, beats forecast
DBS Group , Singapore's biggest bank, on Thursday posted a 1% rise in net profit in the second quarter from a year earlier on the back of higher total income.