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Tag: banking

Posted on 01/08/2025

Singapore’s OCBC sees lower 2025 net interest income after Q2 profit falls

Singapore’s second-largest bank, on Friday cut its net interest income outlook for 2025 after clocking a drop in its second-quarter net profit, albeit in line with expectations.

Posted on 01/08/2025

UOB Plaza One lights up Singapore skyline with record-breaking projection display

Singapore's UOB Plaza One set three Guinness World Records titles with a spectacular projection mapping for SG60 celebrations.

Posted on 01/08/2025

YSRCP leader sent mails to Singapore govt. to stall investments in A.P., alleges Lokesh

HRD and IT Minister Nara Lokesh exposes YSRCP's sabotage attempts against Andhra Pradesh's development, urging for investment support.

Posted on 01/08/2025

Exclusive-China Galaxy, CICC plan over $1 billion investment funds in Southeast Asia

By Yantoultra Ngui and Rae Wee SINGAPORE (Reuters) -State-backed investment banks China International Capital Corp and China Galaxy Securities plan to launch funds worth a total of more than $1 ...

Posted on 01/08/2025

UOB branches train staff to deal with financial abuse by family to tackle ‘growing issue’

The programme will involve theory lessons and role-play to simulate real-life scenarios faced at branches. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2025

JPMAM’s EQDP-appointed fund strategy to focus on Asian equities with ‘majority’ allocated to Singapore stocks

JP Morgan Asset Management (JPMAM), one of three asset managers chosen by the Monetary Authority of Singapore (MAS) to launch fund strategies under the Equity Market Development Programme (EQDP), will ...

Posted on 31/07/2025

Simplify Business Banking in Singapore Why DBS IDEAL is the Smarter Choice

Did you know that 78% of small and medium-sized businesses (SMEs) in Singapore said that managing cash flow was their biggest problem in 2025? Business owners l ...

Posted on 31/07/2025

Johor MB floats RTS2 rail link between Iskandar Puteri and Tuas in talks with Singapore PM

JOHOR BAHRU, July 31 — The Johor government has proposed the construction of a second Rapid Transit System (RTS2) link connecting Iskandar Puteri in Johor and Tuas in Singapore to further strengthen ...

Posted on 31/07/2025

1MDB scandal: Standard Chartered restates its defence of $2.7bn lawsuit

The emerging markets-focused lender, which generates the bulk of its income in Asia and Africa, outpaced a $3.8bn average forecast from 15 analysts compiled by the bank. The result compares with ...

Posted on 31/07/2025

Singapore fines Standard Chartered entities 2.83 million pounds for …

Singapore's central bank imposed penalties of S$5.2 million (2.83 million pounds) on Standard Chartered Bank (SCBC) (STAN.L) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for ...

Posted on 31/07/2025

UOB’s head of transaction banking explains its importance

So Lay Hua, veteran banker, IBF distinguished fellow, and managing director and head, group transaction banking at UOB, describes transaction banking as the bread and butter of banking. At a glance, ...

Posted on 31/07/2025

DBS ups SGX’s target price to $18.20 after share price rally

DBS Group Research analyst Lim Rui Wen has increased her target price on the Singapore Exchange (SGX) to $18.20 from $14 after the exchange’s share price rallied, revisiting its all-time highs that ...

Posted on 31/07/2025

DBS keeps ‘buy’ on Sheng Siong and increases target price to $2.30

"We believe investors will continue to assign a higher valuation to well-managed, stable companies like Sheng Siong." - DBS's Chee Zheng Feng.

Posted on 31/07/2025

Singapore gold investment soars 37% to 2.2 tonnes in Q2 while jewellery demand wanes

Gold exchange-traded fund investment continues to drive total demand. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2025

China Galaxy, CICC plan over $1 billion investment funds in Southeast Asia

SINGAPORE (Reuters) - State-backed investment banks China International Capital Corp and China Galaxy Securities plan to launch funds worth a total of more than $1 billion in Southeast Asia, seeking ...

Posted on 31/07/2025

Concerts, F1 drive optimism in Singapore services sector despite transport, finance caution

The services sector in Singapore expects business conditions to improve and become more favourable in the second half of the year, according to the ...

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