Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. While we note Singapore ...
US bank Citi completes sale of Taiwan consumer unit to Singapore’s DBS
U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore's DBS Group, it said on Monday. The now transferred retail business includes retail banking, ...
HSBC Reaffirms Their Hold Rating on Genting Singapore (GIGNF)
In a report released on August 11, Charlene Liu from HSBC maintained a Hold rating on Genting Singapore (GIGNF – Research Report), with a ...
UOB’s annual Global Heartbeat Run/Walk event raises S$2.5 million
UOB’s Global Heartbeat Run/Walk event raised more than S$2.5 million under the UOB Heartbeat Fund to improve the lives of disadvantaged children and families from 26 charities globally. Read more at ...
HSBC says it’s a victim of brazen fraud by Singapore oil tycoon
HSBC Holdings Plc said it was deceived by oil tycoon Lim Oon Kuin and his children as civil lawsuits brought by the bank and liquidators of his collapsed fuel trading empire kicked off in Singapore.
RM5.2bil investments in digital economy from China, Singapore
Communications and digital minister Fahmi Fadzil says the commitments were made by five companies from each country.
Teenagers among 10 suspects arrested over links to Android banking-related malware scams
SINGAPORE: Teenagers were among 10 people arrested for their suspected involvement in a recent spate of banking-related malware scams targeting Android users. The youngest suspect nabbed during a two ...
Liquidators want oil tycoon OK Lim and his 2 children pay S$4.7 billion to repay creditors
SINGAPORE: The civil trial against billionaire Lim Oon Kuin and his son and daughter began on Aug 10 (Thursday). The liquidators of Lim’s oil trading company seek to recover S$4.7 billion to pay off ...
DBS/POSB rolls out $40m suite of measures to ease cost of living pressure for low income households
A 2.6% interest rate loan package from POSB will be extended to the end of December to allow more sign-ups. Read more at straitstimes.com.
DBS/POSB launches S$20 transport rebates & enhanced home loans, savings programme for low-income S’poreans
In June, it started a S$2 weekly allowance subsidy to reduce expenses among students who use POSB Smart Buddy for their transactions. The first 15,000 students who cumulatively spend S$2 within the ...
Police arrest 10 suspects linked to Android banking malware scams
The youngest suspect is 16 years old. Six other people are assisting with investigations. Read more at straitstimes.com.
Looking for income? You should invest in Singapore
Panics are usually kind to the income-seeking investor. Everything sells off hard even good-quality, high-dividend stocks sell off to the kind of levels you don't see in a regular bear market.
Singapore to hold presidential election on September 1 if multiple candidates qualify
Former PAP minister Tharman Shanmugaratnam, ex-state fund investment chief Ng Kok Song and business executive George Goh are among those eyeing the largely ceremonial role Tharman passes all criteria ...
This bank’s new app security feature irks customers
OCBC introduces a security feature that locks out access if it detects mobile apps downloaded from unofficial app stores on the user's phone. The bank cites the need to safeguard against malware but ...
Standard Chartered Bank appoints first head of social sustainability
Standard Chartered Bank has appointed its first head of social sustainability ... business and partnerships to boost the bank’s social impact. The job is based in Singapore, StanChart’s regional ...
DBS pledges $1b over 10 years to help vulnerable families in key markets, including S’pore
DBS will pledge up to $100 million a year in Singapore, China, Indonesia, India, Hong Kong and Taiwan. Read more at straitstimes.com.