SINGAPORE (Dec 21): DBS Group Research is keeping its “neutral” stance on the offshore and marine sector amid a slow pick up in new orders. “The overall conventional shipping market is expected to rem... ( read original story ...)
DBS Group Executing On A High-Quality Growth Plan
I was a little concerned about China-related macro risk and efforts to slow/cool Singapore’s housing market in reference to DBS Group (OTCPK:DBSDY) back in August, but the shares have done okay ... ( read original story ...)
Singapore Starts Probing Goldman Sachs for 1MDB Scandal
Singapore’s law enforcement authorities have extended their criminal probe against the Malaysian state investment fund 1Malaysia Development Berhad (1MDB) to include Goldman Sachs, according to a Bloo... ( read original story ...)
Singapore to expand 1MDB criminal probe to include Goldman
U.S. prosecutors say more than $4.5 billion flowed from 1MDB, through a complex web of opaque transactions and fraudulent shell companies, to finance spending sprees by corrupt officials and their ass... ( read original story ...)
Singapore Government to Launch Second Bug Bounty Initiative with HackerOne to Boost Cyber Defences
HackerOne, the leading hacker-powered security platform, today announced it will partner with the Government Technology Agency of Singapore (GovTech) and the Cyber Security Agency of Singapore (CSA), ... ( read original story ...)
Global banks chase Asia techs transaction business, as trade war rumbles
HSBC, for example, which makes the bulk of its ... million ($364 million), five-year asset-backed syndicated loan for Singapore-based ride-hailing service Grab. “We have relationship managers ... ( read original story ...)
HSBC launches mobile collections service in Thailand
HSBC was established as the “first commercial bank” in Thailand in 1888. Singapore-headquartered 2C2P enables payment acceptance through credit and debit cards, ATMs, internet banking and mobile banki... ( read original story ...)
What Shaped the Singapore Stock Market in 2018?
The year is drawing to a close. As a look back to 2018, here are some of the major events that moved the Singapore stock market during the year. 1. In January, Venture Corporation Ltd (SGX: V03) repla... ( read original story ...)
Singapore IPO funds raised in 2018 falls to second lowest since financial crisis
SINGAPORE (Dec 20): Funds raised through initial public offerings (IPOs) in Singapore have fallen to the second-lowest level in a decade since the global financial crisis in 2008, according to a repor... ( read original story ...)
Banks expected to continue to deliver resilient earnings in 2019: DBS
SINGAPORE (Dec 20): DBS Group Research says it expects Singapore banks to deliver “resilient” earnings growth of close to 8% in FY19, following a record year in FY18 with earnings rising 27% y-o-y. “W... ( read original story ...)
Noble Group Says Rescue Is Complete as Singapore Probe Drags On
(Bloomberg) -- Noble Group Ltd. finally completed its mammoth debt-for-equity restructuring, handing control of its assets to creditors as Singapore regulators continue to probe the commodity trader a... ( read original story ...)
Singapore Stock Market Tipped To Remain Rangebound
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced more than 50 po... ( read original story ...)
Go-Jek Singapore has (kind of) arrived – 5 things to know
No. 1 is Trump. Because Go-Jek is still in beta in Singapore, using it not as simple as just downloading the app and booking rides right away. Instead, access is restricted to only DBS/POSB card holde... ( read original story ...)
OCBC Bank Roll Outs Digital Account Opening Service For Multi National Companies
OCBC Bank has rolled out a digital account opening service that simplifies account openings for multi-national companies (MNCs) and other large corporate customers – a first by a bank in Singapore. Wi... ( read original story ...)
Go-Jek Singapore Has (Kind of) Arrived – 5 Things to Know About Grab’s New Rival
2. Go-Jek Singapore hasn’t even properly launched, and it’s already raining promo codes Once you use your DBS/POSB card to sign up and get access (you’ll get a push notification and email, so quit che... ( read original story ...)
REITs remain a safe defensive bet for 2019: DBS
SINGAPORE (Dec 19): DBS Research is expecting Singapore REITs (S-REITs) to deliver DPU growth in 2019. DBS, which has an “overweight” rating on the S-REITs sector, expects investors to gravitate towar... ( read original story ...)