DBS Group Holdings is CGSI’s top pick, with an “add” call and $47.90 target price, owing to the “clarity” of its capital return initiative, which supports FY2025 to FY2027 yields of 6.6% to 7.6%.
Managing liquidity, forex risks among top concerns for finance leaders: DBS survey
Some 69% of respondents indicate possible Gen AI-powered solutions to optimise inventory forecasting, overcome prolonged receivables collection periods and improve cash conversion cycles.
DBS/POSB to provide S$23 million worth of savings to ease living & business costs through SG60 initiatives
In commemoration of SG60, DBS/POSB will be providing S$23 million worth of savings through various year-long SG60 initiatives. The initiatives will help ease living and business costs, and have been ...
With Bursa listing and other catalysts, UOB Kay Hian’s Cheong raises target price for UMS to $1.73
Given multiple positive catalysts ahead, John Cheong of UOB Kay Hian has raised his target price for UMS Integration from $1.32 to $1.73. In his July 16 note, Cheong says UMS is expected to meet his ...
Earnings Preview: 4 Singapore Blue-Chip Stocks Well-Positioned to Increase Their Dividends
These four blue-chip stocks have a high probability of increasing their dividends during the upcoming earnings season. The post Earnings Preview: 4 Singapore Blue-Chip Stocks Well-Positioned to ...
Monetary Authority of Singapore posts S$19.7b net profit on back of strong investment gains
Singapore's central bank expects a slower economic growth in the second half of 2025, amid uncertainties over US tariffs. The Monetary Authority of Singapore recorded a better-than-expected ...
Retiring OCBC chief Helen Wong drives synergies among markets, business units, bank insiders say
She brings people together and fosters collaborations that generate new ideas. Read more at straitstimes.com. Read more at straitstimes.com.
MAS reports net profit of S$19.7 billion due to healthy returns on investments
SINGAPORE: The Monetary Authority of Singapore (MAS) reported a net profit of S$19.7 billion (US$15.4 billion) in the financial year that ended on Mar 31 due to strong investment gains, it said in its ...
Singapore Central Bank Sees Slower Financial Sector Growth
Singapore will likely see slower growth in its financial sector in coming years as a confluence of trade and geopolitical tension clouds the economic outlook for the trade-dependent country, according ...
$3 cashback for hawker centre meals and shopping at heartland stores with DBS PayLah initiative
This is part of a slew of measures by DBS/POSB in 2025 to commemorate Singapore’s 60th birthday. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s NTT DC REIT holds steady
SINGAPORE ― Shares of NTT DC REIT, a data center real estate investment trust, were steady in its first full trading session on Tuesday, a day after making a modest debut that sparked optimism for ...
Data center REIT debuts in Singapore’s biggest IPO in years
A real estate investment trust (REIT) focused on data centers made a lukewarm debut on the Singapore exchange in the city-state's biggest listing in eight years.
Singapore’s popiah billionaire Sam Goi makes $96.5M offer to buy out consumer goods firm PSC
Singaporean billionaire Sam Goi has offered to acquire all the remaining shares of consumer goods manufacturer and distributor PSC Corp for S$123.5 million (US$96.5 million).
GIC-backed NTT DC REIT positions Singapore as ‘regional hub for AI-related investment opportunities’ despite muted trading debut, analyst says
GIC-backed NTT DC REIT positions Singapore as 'regional hub for AI-related investment opportunities' despite muted trading debut, analyst says - Singapore ...
Singapore Managed Assets Soar, Real Estate Drops to 5-Year Low
Real estate and real estate investment trust assets run by money managers in Singapore fell to their lowest levels in at least five years, according to a 2024 survey released on Tuesday by the ...
MAS records net profit of $19.7 billion, fuelled by investment gains
In the previous financial year, MAS was in the black with $3.8 billion from a net loss the year before. Read more at straitstimes.com. Read more at straitstimes.com.