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Tag: banking

Posted on 17/04/2025

OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman

SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said board chairman Andrew ...

Posted on 17/04/2025

‘Fallacy’ to say OCBC does not know insurance business: board chairman

SINGAPORE] It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with the banking group for the ...

Posted on 17/04/2025

Ageing population drives demand for wellness services in Singapore

SINGAPORE: With around one in four Singaporeans expected to be aged 65 and above by 2030, there is increasing demand for wellness services and offerings. Developers and investors are seeking to ...

Posted on 17/04/2025

NTU Singapore receives S$110 million gift from UOB and Wee Foundation which will support new educational initiatives

UOB and the Wee Foundation have pledged a combined gift of S$110 million to Nanyang Technological University, Singapore (NTU Singapore). With ...

Posted on 17/04/2025

Singapore’s March exports ease to analysts’ surprise; forecast tipped for downgrade

In February, it maintained its forecast range at 1 to 3 per cent. UOB associate economist Jester Koh noted that Singapore’s NODX momentum plummeted at the height of the US-China trade war during Trump ...

Posted on 17/04/2025

Singapore to expand trade pacts, push WTO reform amid escalating US-China tensions: DPM Gan

SINGAPORE] Singapore will expand trade ties, forge new alliances and push to reform the World Trade Organization (WTO) in response to escalating global trade tensions, said Deputy Prime Minister Gan ...

Posted on 17/04/2025

Singapore Airlines announces $34m investment to Changi Airport lounges

The project to improve customer experience at the airline's main hub starts now and is expected to finish by mid-2027.

Posted on 17/04/2025

Singapore’s Export Growth Slows as Tariffs Cast Shadow Over Outlook — Update

Potential U.S. tariffs on pharmaceutical and semiconductor products, uncertainty surrounding trade negotiations and the escalating trade war between the U.S. and China can all hurt Singapore's exports ...

Posted on 17/04/2025

OCBC Cycle 2025, scheduled for election weekend, to go virtual due to ‘limited’ security resources

The organiser of the mass cycling event cited constraints on security and road closures on the weekend of May 3, when Singapore heads to the polls.

Posted on 17/04/2025

OCBC Cycle, planned for May 3-4, switches to virtual event due to lack of security personnel

SINGAPORE] This year’s OCBC Cycle – the largest mass cycling event in Singapore – will be converted to a pure virtual ride format because of insufficient security personnel, the local bank announced ...

Posted on 17/04/2025

OCBC Cycle on May 3 & 4 to be converted to free virtual rides, full refunds for those who signed up

All participants, including those who have signed up for the 100km virtual ride and round island virtual ride, will get full refunds by end of May 2025. Mass ride participants can take part in the ...

Posted on 17/04/2025

OCBC Cycle on May 3-4 will not proceed, event to offer virtual rides instead

All participants will get full refunds by the end of May. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/04/2025

‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status

SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and ...

Posted on 17/04/2025

Singapore must prepare for new global order, seek new opportunities in tariff chaos: DPM Gan

US’ shift towards reshoring or onshoring will impact future investments by American companies in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/04/2025

CapitaLand Investment launches first retail Reit in China with assets worth 2.8 billion yuan

SINGAPORE] CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in China, to be named CapitaLand Commercial C-Reit (CLCR).

Posted on 17/04/2025

HSBC opens new wealth centre in Hangzhou, China

The bank plans to open additional centres in major cities such as Guangzhou, Nanjing, Qingdao, and Dalian by the end of this year.

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