They cited potential wealth inflows from the Middle East and the rate cut on its flagship savings account. Read more at straitstimes.com. Read more at straitstimes.com.
Asean still ‘safe’ for business despite Middle East conflict: UOB
From the perspective of UOB head of research Suan Teck Kin, the Middle East conflict between the US, Israel and Iran highlights Asean as a “stable” and “safe” region for doing business.
Singapore’s finance sector hit by the second-highest job cuts rate
Employment reductions place services near the top of the industry ranking. Financial and insurance services recorded the second-highest retrenchment rate amongst industries in Singapore in the fourth ...
How The DBS/POSB Phishing Scam Works And How To Avoid Similar Online Scams
Firstly, since 2021, DBS/POSB has phased out physical tokens in favour of digital tokens. Secondly, digital tokens do not expire. Finally, since 2022, emails and SMS messages from banks have not ...
Younger DBS shareholders drawn by dividends turn up at AGM for the first time
Shareholders' concerns include the bank's exposure to the Middle East amid the war. Read more at straitstimes.com. Read more at straitstimes.com.
Microsoft plans to invest $5.5B for cloud, AI in Singapore
Microsoft (MSFT) is on track to invest $5.5B in cloud and AI infrastructure in Singapore until the end of 2029. The company noted that the investment will also go toward ongoing operations. Microsoft ...
Microsoft Pledges $5.5 Billion AI Investment in Singapore
Microsoft Corp. pledged to invest $5.5 billion in Singapore through 2029 to support the country’s artificial intelligence industry, accelerating its expansion in a hub for Asia’s AI development.
OCBC breaches S$100 billion market cap as shares hit record high
[SINGAPORE] A record share price for OCBC has propelled the bank’s market capitalisation past the S$100 billion mark, making it one of only two Singapore-listed companies in the exclusive club.
Microsoft plans to invest $5.5 billion in Singapore by 2029
Microsoft is on track to invest $5.5 billion in cloud and artificial-intelligence infrastructure in Singapore through 2029.
Microsoft on Track to Invest $5.5 Billion in Singapore by 2029, WSJ Reports
April 1 (Reuters) - Microsoft is on track to invest $5.5 billion in cloud and artificial intelligence infrastructure in Singapore through 2029, the Wall Street Journal reported on ...
Microsoft plans to invest $5.5B for cloud, AI in Singapore: report
Microsoft (MSFT) is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, The Wall Street Journal reported. The company's Vice Chair and President Brad Smith said the ...
Microsoft (MSFT) Commits $5.5B to Singapore Cloud Infrastructure Through 2029
Microsoft (MSFT) announces $5.5B Singapore cloud investment through 2029. Stock rises 3% as Q2 shows $81.3B revenue and 39% Azure growth despite volatility.
OCBC to cut maximum interest rate for flagship savings account from May 1
Customers can earn up to 4.45 per cent a year on the first $100,000 in their account, down from 5.45 per cent now. Read more at straitstimes.com. Read more at straitstimes.com.
Logistics giant Katoen Natie to invest S$60 million in new Jurong Island facility
The company is investing an additional S$3.1 million in a fully automated storage and retrieval system Read more at The Business Times.
Stock Market Today, March 31: Grab Rises Ahead of Fuel Surcharge Rollout
Grab rose ahead of its fuel surcharge rollout, with investors watching whether higher fares can hold demand as the pricing changes take effect.
Over S$484,000 lost to DBS & POSB impersonation scams over last 2 months
The police reminded members of the public that banks in Singapore will never send clickable links via emails or SMSes.