Lee’s new target price still gives DBS an attractive dividend yield estimate of 6%, assuming a total dividend payout of $3 in FY2025.
Netizens voice concerns over e-payments in school affecting kids’ financial awareness and money skills
Singapore schools are adopting e-payments, but netizens worry children will struggle with cash transactions. Critics argue that relying on digital payments may weaken financial literacy, making kids ...
Singapore puts pressure on employers to drive OMIP’s success; strict new guidelines unveiled
The first safeguard requires employers to submit a business growth or transformation plan, demonstrating how the overseas posting aligns with the company’s global expansion strategy. Additionally, ...
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore’s biggest bank: DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.
Most Asia shares fall on trade war jitters; Singapore stocks hit record high
EMERGING markets were jittery on Monday on rising global trade tensions, with equities in three export-reliant Southeast Asian countries dropping sharply, while stocks in Singapore hit a record high ...
ST Engineering iDirect Demonstrates Public Safety Connectivity with Verizon Frontline at Super Bowl LIX
Hosted by Verizon Frontline, the event will highlight its range of innovative solutions designed to deliver vital connectivity in emergency scenarios. Powered in part by ST Engineering iDirect's state ...
Sustainability concerns will shape Singapore’s priorities in attracting investments: EDB chairman
THE Republic’s priorities in attracting investments are being reshaped by the city-state’s sustainability commitments, said Singapore Economic Development Board (EDB) chairman Png Cheong Boon in a ...
Shifting housing demand from Singapore to Johor could offer room to ease ABSD rates
If Singapore residents move to Johor Bahru, ABSD can be lowered to spur buying by investors and foreigners. Read more at The Business Times. ( read original story ...)
Singapore’s STI breaks through to a new record as banks hit fresh highs
Singapore’s benchmark index the Straits Times Index has broken through to a new record high on Monday (Feb 10). Read more at The Business Times.
Markets react to Trump’s tariffs on steel and aluminium imports
U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties. He also said he will announce reciprocal ...
Singapore’s DBS reports record profits as long-serving CEO bows out
Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record profits announced on Monday.
Singapore Stock Market Tipped To Open To The Downside On Monday
The Singapore stock market has moved higher in two straight sessions, collecting more than 45 points or 1.3 percent along the way.
Singapore’s DBS surges to record on higher margins, capital return plans
By Yantoultra Ngui and Roushni Nair SINGAPORE (Reuters) -Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a ...
S&P 500’s service focused composition cushions tariff blow, but a 4-5% drop still looms: Citibank
Citibank Singapore's Audrey Ho explains how Trump's tax policy could counter tariff risks—but not without challenges, including delayed effects and congressional hurdles.
Budget 2025 expected to bring tax rebates, no ‘significant’ tax hikes
Corporate Income and Personal Income Taxes Could Enjoy Rebates, To Alleviate Cost Pressures Read more at The Business Times.
Singapore’s DBS flags higher margins, plans capital return
Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday as it posted a 10% rise in fourth-quarter net ...