DBS Group, which completed three decades of its operations in India, reported an income of 22.3 billion Singapore dollars in 2024 and a net profit of 11.4 billion Singapore dollars.
How Gen Zs and millennials can build their retirement nest eggs
Financial advisers suggest asset classes such as equities, ETFs and unit trusts. Read more at straitstimes.com.
DBS expects to shrink contract and temp jobs by 4,000 over next 3 years as AI replaces roles
Reductions will come from natural attrition, DBS said, and permanent staff will not be affected. Read more at straitstimes.com.
2025 HSBC Women’s World Championship: Power Rankings, Defending Champion, Prize Money, and Major Details
HSBC Women's World Championship is just around the corner, and it's shaping up to be an absolute thriller and well tickets are selling out! The post 2025 HSBC Women's World Championship: Power ...
DBS to reduce workforce by 4,000 in 3 years because of AI adoption: CEO
DBS Group expects a 10% reduction in its workforce in the next three years as artificial intelligence adoption goes deeper into the operations, its chief executive Piyush Gupta said on Monday. Gupta ...
This LPGA rookie shot rounds of 61, 62 in Thailand but failed to earn a spot in HSBC field
Japan's Akie Iwai finished second at the Honda LPGA Thailand but didn't earn any CME points nor did she make the HSBC field this week.
DBS to cut 4,000 contract and temporary staff over three years as AI adoption grows
DBS Group Holdings plans to reduce its contract and temporary workforce by around 4,000 over the next three years due to increased adoption of artificial intelligence (AI), CEO Piyush Gupta confirmed.
Daily Cuts – A 5 billion dollar shot in the arm of the Singapore equities market
Singapore Today's Daniel Martin and Susan Ng speak with Neil Parekh, a member of the Equities Market Review Group set up by MAS, and Shane Chesson, Founding Partner at Openspace Ventures, on a 5 ...
Singapore’s S$5 Billion Stock Plan to Drive Flows, Analysts Say
Singapore’s plan to lift local equities by investing S$5 billion ($3.7 billion) with fund managers is seen as a good start, while regulatory shifts will allow a wider range of companies to seek ...
Singapore Inflation Slows, Core Measure Hits Lowest Level Since Mid-2021 — Update
The Monetary Authority of Singapore in January loosened its policy settings for the first time since early 2020. A continued slowing in core inflation may back the case for the central bank to further ...
OCBC raises target price after SIA posts ‘excellent’ quarter, but still retains a neutral outlook
We remain confident that SIA’s brand proposition, service quality and product innovation will allow it to navigate the transition from recovery to growth going forward,” OCBC's Lim writes.
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS, based in Singapore, has around 41,000 staff. Ms Tan Su Shan, currently DBS deputy CEO, will succeed Mr Gupta on March 28.
Singapore’s Olam Sells Agribusiness Unit To Saudi Fund In Deal Valued At $4 Billion
Olam Group—backed Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company in a deal valued at $4 billion.
Singapore announces tax rebates, $3.7 billion program to boost stock market
Singapore announced on Friday a set of measures to rejuvenate its equities market, including a 20% tax rebate for primary listings and a S$5 billion ($3.74 billion) program that focuses on investing ...
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by the Monetary Authority ...
DBS keeps ‘buy’ on Sembcorp, raises TP to $7.38 on CAGR improvement in coming years
The group’s management is committed to rewarding shareholders with dividends, paying out at least 20% of earnings as ordinary dividends plus special dividends.