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Tag: banking

Posted on 19/05/2026

DBS to Hire Over 500 Young Local Talent as AI Reshapes Banking

DBS will take in over 500 young local talent in Singapore this year as it builds its early-career pipeline in the AI era.

Posted on 19/05/2026

Snow City to close after 26 years, last day of operations will be Sept 30

The Science Centre said Snow City’s staff will be supported closely through this transition. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/05/2026

DBS vs OCBC vs UOB: Which Bank Offers the Best Value Today?

Singapore’s three major banks all offer dividends and stability, but valuation, growth, and income prospects may make one stand out more than the others today. The post DBS vs OCBC vs UOB: Which Bank ...

Posted on 19/05/2026

DBS, OCBC Shares Hit Record Intraday Highs as Expectations for Fed Cuts Fade

DBS's shares climbed as much as 1.05% to a record 61.40 Singapore dollars, equivalent to US$48.01, on Tuesday while OCBC shares gained 0.8% to briefly touch an all-time high of S$23.22. DBS and OCBC ...

Posted on 19/05/2026

UPDATE 3-OCBC sees loan growth slowing in 2025, unveils US$1.9 bln capital return

SINGAPORE, Feb 26 (Reuters) - Singapore's second-largest bank, Oversea-Chinese Banking Corp, said it expects loan growth to moderate in 2025 after posting a smaller-than-expected rise in fourth ...

Posted on 18/05/2026

DBS’s Tan Su Shan sells 100,000 shares via open market

DBS CEO Tan Su Shan disposed of the shares at $60.12 apiece on May 15. Following the disposal, Tan’s stake in DBS fell to 0.48% from 0.52% previously.

Posted on 18/05/2026

OCBC’s Lim maintains ‘hold’ on SingPost; awaits operational improvements

A turnaround towards commercial sustainability will take time and upfront investments, supported by financial discipline, and management’s ability to execute will be key' ...

Posted on 18/05/2026

GIC-Backed JustCo Seeks to Raise $78.1 Million in Singapore IPO

SINGAPORE--Workspace operator JustCo plans to raise around US$78.1 million in an initial public offering, as it looks to expand its overseas operations. The company, backed by Singapore ...

Posted on 18/05/2026

UOB to sell property interests worth $387 mil in Novena Square to SingLand and former Faber House to UOL Group

The deal values Novena Square at nearly $1.5 billion. United Overseas Bank is selling properties worth some $387 million to related parties as part of its capital reallocation mov ...

Posted on 18/05/2026

IHH, DBS sign $196 million loan for safer antibiotic use

(Corrects to say $196 million, not $194 million, in the headline to align with the currency conversion in the lead paragraph) SINGAPORE, May 15 (Reuters) - IHH Healthcare has signed a S$250 million ...

Posted on 18/05/2026

DBS, City Developments tie new loan to biodiversity goals

In a move highlighting the growing integration of biodiversity goals into mainstream corporate finance, DBS and City Developments Limited (CDL) have launched a S$300 million (US$234 million) ...

Posted on 18/05/2026

Singapore’s 2nd richest man Kwek Leng Beng’s CDL secures $234M sustainability-linked loan from DBS

City Developments, controlled by Singapore’s second-richest man Kwek Leng Beng, has secured a new S$300 million (US$234 million) multicurrency sustainability-linked loan (SLL) from lender DBS.

Posted on 18/05/2026

Stocks to watch: Keppel, SingLand, UOL, UOB, ST Engineering, SIA, Lendlease Global Commercial Reit

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 18): Read more at The Business Times.

Posted on 17/05/2026

Singapore court grants winding up bids for three entities linked to 1MDB scandal, liquidators say

KUALA LUMPUR, May 15 (Reuters) - The Singapore High Court has granted winding up applications filed for three entities incorporated in the British Virgin Islands and linked to the multibillion-dollar ...

Posted on 17/05/2026

Singapore a ‘trusted partner’ in shaping regional trade rules, says UK’s investment minister

There is growing interest from Singaporean investors in priority areas such as venture capital for emerging technologies and infrastructure, says Jason Stockwood Read more at The Business Times.

Posted on 17/05/2026

DayOne plans dual IPO in Singapore and US, FT reports

May 17 (Reuters) - Global data centre operator DayOne, affiliated with China's GDS Holdings, is planning to list simultaneously in Singapore and the U.S. in a move that is set to raise $5 billion, the ...

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