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Tag: banking

Posted on 07/08/2025

DBS outgrows peers and global banks in the past 15 years

DBS Group Holdings has had a spectacular run since 2009, when Piyush Gupta took over as group CEO. DBS was founded in 1968 and acquired POSB Bank in 1998. POSB was founded in 1877, making it Singapore ...

Posted on 07/08/2025

123-year-old insurer holds its own with consistent rise in NBEV

In 1H2025, GEH announced 16% y-o-y growth in NBEV to $316.5 million. Its interim dividend of 50 cents per share works out at $236.65 million. That could take embedded value per share on a ...

Posted on 07/08/2025

Singapore reluctant to invest in Amaravati; to participate in investor’s summit in Visakhapatnam

VIJAYAWADA: The Andhra Pradesh government’s efforts to revive Amaravati’s development took a significant step forward, with Singapore agreeing to maintain cordial relations with the state and ...

Posted on 07/08/2025

SIngapore’s UOB clocks weaker-than-expected Q2 profit

Investing.com-- United Overseas Bank (SGX: UOBH) on Thursday clocked a weaker-than-expected net profit for the June quarter, as the Singaporean lender saw weaker margins due to pressure from lower ...

Posted on 07/08/2025

The Influence of Singapore’s Financial Sector on the Asia-Pacific Economy

Singapore has firmly established itself as a leading financial hub in the Asia-Pacific region, bridging global markets and emerging economies in Southeast Asia. Its strategic location, regulatory ...

Posted on 07/08/2025

US investors increasingly eye Australia, Singapore, Japan real estate assets

The Asia-Pacific region is proving to be an attractive option for investors in the U.S. and other countries to place their money.

Posted on 07/08/2025

Singapore at 60: The pressing need for re-invention

Internally, Singapore was blessed with visionary political leaders, talented technocrats and a down-to-earth citizenry that did not give in to emotive appeals based on race and religion, thus ensuring ...

Posted on 06/08/2025

How Singapore Became One of the World’s Richest Countries: The Secrets of Its Economic Miracle

Singapore is now one of the richest, most advanced nations in the world, but just decades ago, it was a struggling island with no natural resources, surrounded by uncertainty. When Singapore gained ...

Posted on 06/08/2025

Singapore fines DBS, Citibank, OCBC, Swiss Life for inadequate money …

Singapore's central bank on Wednesday said it has imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life, for breaching its ...

Posted on 06/08/2025

OCBC, CLI, CICT top S’pore names in 2024 Asean Corporate Governance Scorecard

The initiative by the Asean Capital Market Forum (ACMF) aims to improve the corporate governance standards and practices of public-listed companies in the region.

Posted on 06/08/2025

DBS Second-Quarter Net Profit Likely Fell Slightly — Earnings Preview

Shares of DBS, which is also Southeast Asia's largest lender, fell about 3% in the second quarter, trimming year-to-date gains to around 12%. The stock slumped after President Trump announced sweeping ...

Posted on 06/08/2025

Hong Kong asks insurers to return investing roles from Singapore, sources say

The push started in early 2024 and is focusing on companies including AIA Group, the sources said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/08/2025

UOBKH Alpha Picks portfolio beats STI in July, new top picks for Singapore, Malaysia named

Alpha Picks portfolio surpassed the Straits Times Index (STI) in July despite the latter hitting record highs, said an analyst report on Monday (Aug 4). Read more at The Business Times.

Posted on 06/08/2025

Singapore to Invest $3.7 Billion With Fund Managers to Help Boost … – MSN

Singapore plans to invest S$5 billion ($3.7 billion) with fund managers to help boost the local stock market, and will start requiring some family offices to deploy a portion of their assets into ...

Posted on 06/08/2025

ICH Group Anchors Key SGX Group IPOs; Bullish on Singapore’s Small-Mid-Cap Market

Advised and invested in 200+ SGX-listed companies SINGAPORE - Media OutReach Newswire - 6 August 2025 -ICH Group is the key anchor investor in the recent Initial Public Offerings (IPOs) of Lum Chang ...

Posted on 06/08/2025

Will OCBC’s incoming CEO Tan Teck Long be a safety steward or a transformative leader?

Helen Wong does not leave too big shoes for Tan Teck Long to fill, but OCBC needs to catch up with DBS Read more at The Business Times.

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