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Tag: banking

Posted on 19/09/2023

UOB Kay Hian lowers SIA’s target price to $6.44 as August’s operation data disappointed

UOB Kay Hian believes SIA’s profitability has likely peaked and its earnings performance ahead is “due for normalisation”.

Posted on 19/09/2023

Schroders Capital appoints private equity investment director in Singapore

Schroders Capital has appointed Ankita Baheti as its private equity investment director based in Singapore as the firm seeks to bolster the practice further in Singapore. The firm has plans to ...

Posted on 19/09/2023

Singapore’s been named the world’s 6th Blue Zone. Some locals disagree and say life on the island sucks — here’s why.

Singapore was recently named the sixth Blue Zone, but some locals are skeptical of the accolade.One Singaporean told Insider that while people may be living longer, they aren't healthy or ...

Posted on 19/09/2023

Singapore Banks Ramp Up Anti-Malware Measures in Face of Rising Threats

The Association of Banks in Singapore (ABS) has revealed that significant retail banks in the city-state have bolstered their security protocols against ...

Posted on 19/09/2023

Singapore shares track fall in regional bourses, Wall Street; STI dips 0.5%

Pacific, including Singapore, mostly closed in the red on Monday (Sep 18), tracking the sharp loss on Wall Street last Friday. Read more at The Business Times.

Posted on 19/09/2023

Analysis-More SE Asia firms consider U.S. IPOs, filling void left by China peers

Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.

Posted on 19/09/2023

Sun Xueling on freezing of bank accounts suspected of being linked to scams

The Singapore Police Force (SPF) only freezes bank accounts when there is reason to suspect that they are involved in illicit activities, including scams. The annual number of such accounts is ...

Posted on 19/09/2023

Singapore’s Temasek Trust and DBS plan to launch philanthropic marketplace

Singapore’s Temasek Trust and DBS Foundation plan to launch a digital marketplace that will direct private investments into impact-focused projects. Called Co-Axis, the marketplace will be launched in ...

Posted on 18/09/2023

Daily Cuts – Analysis: F1 weekend in Singapore

Singapore Today's Lance Alexander and Daniel Martin speak with Alvin Liew, Senior Economist, UOB, about whether this year's Singapore Grand Prix event was financially successful.

Posted on 18/09/2023

Singapore’s retail banks take steps to enhance cybersecurity

The new measures will not conduct surveillance on devices but are intended to block access to banking apps and inform customers if suspicious activity is detected. Ho Hern Shin, deputy managing ...

Posted on 18/09/2023

Why buy Singapore office and retail assets at below borrowing costs?

OVER the past 18 months, much attention in Singapore and globally has focused on the rise in interest rates. Read more at The Business Times.

Posted on 18/09/2023

Refrigerated trucks may give Singapore startup edge into China EV market

Fully electric refrigerated trucks for delivering food and pharmaceuticals are expected to give a Singapore-based startup the edge to crack into the crowded Chinese electric vehicle (EV) market.

Posted on 18/09/2023

Samhi Hotels IPO booked 1.93 times as QIBs rule final day of bidding

The finalisation of basis of allotment of IPO shares by the company in consultation with the BSE will be taking place at the end of 22.

Posted on 18/09/2023

S’pore police only freezes bank accounts suspected of illicit activities: MHA’s Sun Xueling

The SPF also does not track the time taken to unfreeze bank accounts once investigations are completed, she added.

Posted on 18/09/2023

OCBC Dividend 2023: Here’s What You Need to Know

SGX-listed Oversea-Chinese Banking Corp. Ltd., or OCBC Bank (SG:O39), is among the most popular dividend stocks in the Singapore market. OCBC ...

Posted on 18/09/2023

Proposed rezoning of Marina Square could have ‘significant upsides’ to NAVs, says DBS

SingLand, a listed subsidiary of UOL, had submitted an application to the Urban Redevelopment Authority (URA) to rezone its Marina Square site.

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