The cash payments are given out to eligible Singaporeans each December from 2022 to 2026. "In total, eligible Singaporeans will receive between S$700 and S$2,250 of Assurance Package cash over these ...
Raffles FinTech Secures Four Strategic Mandates to Up Clients’ IPO Market Cap Via Trade Finance Revolving Credit
Raffles Financial Group Ltd. (CSE: RICH) is pleased to announce that its wholly-owned subsidiary, Raffles FinTech Limited ("RFT"), has secured four strategic contracts to provide supply-chain ...
Singapore’s OCBC bank Q3 profit beats estimates, flags weaker margins
Singapore's second-largest bank Oversea-Chinese Banking Corp, or OCBC, flagged a more cautious outlook for 2025 as margin pressures persisted, even as its third-quarter net profit beat market ...
Singapore’s bank OCBC third-quarter net profit beat forecasts, unchanged on year
Singapore's second largest bank Oversea-Chinese Banking Corp, or OCBC, reported on Friday an unchanged net profit in the third quarter from a year earlier, supported by higher non-interest income and ...
Standard Chartered Foundation announces $6 mln investment to boost youth employability in Singapore, ASEAN
Standard Chartered Foundation on Thursday announced a $6 million investment to create and fund programs that will help young people in Singapore and ASEAN secure employment and improve their long-term ...
Special ‘pop-up’ POSB ATMs for Chinese New Year
SINGAPORE — POSB/DBS customers will soon be able to withdraw new notes for the upcoming Chinese New Year at 29 specially-configured “pop-up” ATMs. The ATMs are designed to meet customers’ need for ...
Zone & Co Ignites Singapore Expansion, Ushering in a New Era of Automated Finance Operations
Zone's arrival empowers Singapore finance teams with breakthrough automation, instant insight, and an ERP-native foundation for what's next. NEW YORK, /PRNewswire/ -- Zone & Co, the leading ERP-native ...
How HSBC’s collaborative strategy aims to future-proof trust in banking
The 160-year-old bank is working with regulators, peers, researchers and tech experts to secure digital trust as quantum computing and AI reshape the future of finance.
OCBC engineers the bank of the future with AI and quantum
To power that transformation, OCBC has identified artificial intelligence (AI) and quantum technology as critical enablers. AI is now embedded across the bank to help increase revenue, reduce risk, ...
DBS reports better-than-expected Q3 earnings, sending shares up; UOB slides on provisions
Singapore's DBS Group on Thursday reported better-than-expected earnings in the third quarter, sending its shares to a record high, while United Overseas Bank's profit dropped after it booked hefty ...
DBS leans on AI efficiency as interest rate pressures squeeze margins
In an interview with CNA’s Elizabeth Neo, DBS' CEO Tan Su Shan shares insights on the bank’s Q3 performance, its 2026 outlook and how artificial intelligence is reshaping the way the bank operates.
CapitaLand Investment total revenue up 7% to $1,568 mil for 9MFY2025
Fee-related revenue grew to $882 mil from higher event-driven fees from listed funds and new funds, while REIB declined 12% to $753 mil after CLAS deconsolidation.
CapitaLand Investment’s 9M revenue dips 25.5% to S$1.6 billion after CLAS deconsolidation
Revenue from real estate investment slides 12%, but fee-related revenue rises Read more at The Business Times.
Kenneth Tiong on Finance (Income Taxes) Bill
MP Kenneth Tiong spoke on a new tax rebate to encourage companies to list their shares on the Singapore stock market. He questioned the extension of the rebate to secondary listings and explained why ...
DBS Group Shares Hit New Intraday High, UOB Stock Falls After Third-Quarter Results
DBS Group shares rose to a new intraday high, while that of Singapore peer United Overseas Bank fell, after the pair of banks reported third-quarter results. Shares of DBS rose nearly 3% to S$55.10 on ...
Singapore banks DBS, UOB flag margin pressure; Q3 earnings diverge
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore banks flagged margin pressure for 2026 as falling interest rates weigh on profitability, with DBS Group posting a smaller-than-expected earnings dip ...