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Tag: banking

Posted on 04/09/2025

More Chinese companies looking to manufacture in Indonesia: OCBC

JAKARTA] Chinese companies are increasingly looking to set up their manufacturing operations in Indonesia, instead of just exporting and distributing their products in the South-east Asian nation.

Posted on 04/09/2025

Over 370,000 Singapore bank customers used the money lock feature

More than $30b have been locked up. At least 370,000 Singapore bank customers have used the money lock feature, saving over $30b as of 30 June, according to the Singapore Police Force Mid-Year Scam ...

Posted on 04/09/2025

S’pore’s stock market bull run is just getting started, with room for more upside: Fund chief

Improving sentiment and better valuations could also open the door for new players in emerging sectors to list. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/09/2025

Economists raise Singapore growth forecast to 2.4% for 2025; see growth slowing to 1.9% in 2026

Possible levying of semiconductor and pharmaceutical tariffs by US seen as biggest threat to outlook. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/09/2025

UOB’s Southeast Asia stronghold, wealth to drive profit growth

UOB's integration of Citigroup's retail assets could buoy profit growth by strengthening its Southeast Asian presence with a bigger customer base and cross-selling opportunities ...

Posted on 03/09/2025

Urban Company IPO to open on Sept 10; check price band, issue size, latest GMP & more

Urban Company, the renowned mobile app-based platform for beauty and home services, is launching its initial public offering (IPO) on September 10, 2025.

Posted on 03/09/2025

Moomoo Singapore Wins Big at Asia Fintech Awards 2025; named WealthTech of the Year and Personal Finance Tech of the Year

Awards reflect success in democratising investing for 1.5 million local users Highlights momentum from Moomoo AI launch and new partnerships with global asset managers Reinforces commitment to ...

Posted on 03/09/2025

Franklin Templeton celebrates 35th anniversary in Singapore

Franklin Templeton, one of the world's largest global asset managers, is celebrating 35 years of serving clients in Singapore, highlighting its long-standing commitment to delivering world class ...

Posted on 03/09/2025

HSBC tops the list of preferred banks for Singapore’s wealthiest

These attributes resonate with Singapore’s wealthy clients who value global services and dependable financial management. Ranked second was the Bank of Singapore with a score of 84. The bank was ...

Posted on 03/09/2025

Who is Kaustubh Kulkarni? Citibank appoints JPMorgan veteran as Asia Pacific co-head

Veteran banker Kaustubh Kulkarni will join Citi in December and will be based in Singapore. He will take up on the role alongside current head Jan Metzger ...

Posted on 03/09/2025

UOB Asset Management launches UOBAM Gold+: A dual-engine gold strategy for Singapore investors

UOB Asset Management Ltd (UOBAM) launched its latest managed portfolio solution, the UOBAM Gold+, which blends 49% SPDR Gold MiniShares Trust ETF (GLDM), 49% United Gold & General Fund (UGGF) and a 2% ...

Posted on 03/09/2025

DBS Group’s acquisition plans for Alliance Bank Malaysia face delays

Acquiring a stake in Alliance Bank would expand DBS's presence in Malaysia, a market where other Singaporean banks are already established.

Posted on 03/09/2025

GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment

SINGAPORE] Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance, repair and overhaul (MRO) and component repair ...

Posted on 03/09/2025

Three Decades Later, Franklin Templeton Still Thriving in Singapore

When the US investment giant blows out its 35th birthday candles in the Lion City, the question isn't "why stay" but "would they ever leave?" ...

Posted on 03/09/2025

Singapore industrial sector stands firm as APAC investment falls 36%

Across APAC, Q2 real estate investment fell to US$7.3b, down 36% YoY, pulling H1 volumes 27% lower than the same period in 2024. Singapore’s industrial property market remained one of the steadiest in ...

Posted on 03/09/2025

Diversify away from US or risk fallout, says Bank of Singapore

Mehvish Ayub, Head of Managed Solutions Advisory at Bank of Singapore in Dubai discusses the importance of diversification, suggesting that investors should look beyond the US to European and ...

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