In the face of worsening asset quality amid the turning credit cycle, Maybank KimEng thinks DBS can retain or even grow profitability from better cost containment. According to the research house, Singapore banks are struggling with sluggish loan demand ... ( read original story ...)
DBS Group Holdings Ltd’s Stock Price Has Climbed By 8% Over The Past Year: What Happened?
But, there are many companies that have delivered a better performance in the same period. One such company is DBS Group Holdings Ltd (SGX:D05), Singapore’s largest bank by assets. At the closing price of S$17.97 yesterday, DBS’s share price is up ... ( read original story ...)
Singapore sovereign fund GIC invests $370 million in Indonesian theatre chain
Singapore's Minister Mentor Lee Kuan Yew, chairman of the Government of Singapore Investment Corp. (GIC), speaks at GIC's 25th anniversary dinner at a hotel in Singapore in this July 11, 2006 file photo. Reuters Singapore's sovereign wealth fund GIC said ... ( read original story ...)
Singapore rail fares amongst world's cheapest
It's at the bottom four. According to a new blog post by Public Transport Council (PTC) chairman Richard Magnus, Singapore's rail fares are among the lowest in 35 major cities across Asia, Australia, North America and Europe. Based on the study ... ( read original story ...)
Second edition of Dance Singapore Dance ends with a Bang
The runaway success of the first season set the stage for an even bigger canvas for the second season of Dance Singapore Dance. There were many breath-taking moments as the level of performances soared episode after episode. Each contestant left no stone ... ( read original story ...)
Cafe-hopping in Singapore: Eazy Gourmet and HSBC credit card discounts on brunch favourites, comfort food and desserts
Check out this yummy list of exclusive dining offers from over 10 cosy eateries and bakeries in town Want to make a party extra special? Order a customised novelty cake for your loved ones! From cartoon characters to fancy themed creations, this bakery ... ( read original story ...)
5 Ways To Indulge In Great Food In Singapore Without Paying The Full Price
Special mention also goes to CIMB's Visa Signature card and Citibank's Cashback Card. CIMB Visa Signature has the highest reward rate in Singapore on dining with 10% cashback on all dining expenses. It also charges no annual fee, unlike most other rewards ... ( read original story ...)
Singapore, CapitaLand formed tripartite venture with Chinese firm
It is aimed at helping local SMEs enter China. International Enterprise (IE) Singapore, CapitaLand and UrWork, Asia’s real estate company headquartered and listed in Singapore and China’s co-working space operator, signed a Memorandum of Understanding ... ( read original story ...)
HSBC enables Apple Pay for Singapore cardholders
Customers can enjoy $5 off every transaction as a kick off promo. HSBC Singapore is treating its HSBC Visa and MasterCard credit cardholders with Apple Pay. Customers using iPhone SE, iPhone 6 to higher versions, and Apple Watch can use Apple Pay in stores ... ( read original story ...)
Kenyans continue domination of Standard Chartered Marathon Singapore
SINGAPORE: Kenyans continued their dominance at the Standard Chartered Marathon Singapore on Sunday (Dec 4), with Felix Kiptoo Kirwa clocking in a time of 2hr 17min 17sec in the men's full marathon. The 23-year-old fought off the humidity and the ... ( read original story ...)
Standard Chartered Marathon Singapore runner dies
SINGAPORE: A 29-year-old male runner died after collapsing during the half-marathon of the Standard Chartered Marathon Singapore on Sunday (Dec 4), race organiser Geoff Meyer said. ""Tragically and very sadly today we have had a passing of an athlete. ( read original story ...)
HSBC now offers Apple Pay service in Singapore
Apple Pay was officially launched in Singapore way back in April, in partnership with American Express. The other major banks which have already joined the party with Apple Pay service include POSB, DBS Bank, OCBC Bank, United Overseas Bank (UOB ... ( read original story ...)
Standard Chartered and Coutts fined in Asia money laundering crackdown
Reuters SINGAPORE (Reuters) - Singapore's central bank said on Friday it imposed penalties on the local units of U.K.-based Standard Chartered Bank and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund. The penalties - of ... ( read original story ...)
Singapore slaps penalties on StanChart, Coutts in 1MDB-related probe
SINGAPORE (Reuters) - Singapore's central bank said on Friday it imposed penalties on the local units of U.K.-based Standard Chartered Bank and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund. The penalties - of S$5.2 ... ( read original story ...)
Singapore central bank slaps penalties on StanChart, Coutts in 1MDB-related probe
SINGAPORE (Reuters) - Singapore's central bank said on Friday it imposed penalties on the local units of U.K.-based Standard Chartered Bank and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund. The penalties - of S$5.2 ... ( read original story ...)
Apple Pay now extended to HSBC cardholders in Singapore
SINGAPORE — HSBC cardholders in Singapore can begin using the Apple Pay mobile payment and digital wallet service from Thursday (Dec 1), the bank has announced. As part of its launch promotion, customers who link their HSBC creditcards to Apple Pay will ... ( read original story ...)