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Tag: banking

Posted on 23/05/2023

Singapore, Kazakhstan sign four agreements, including one to boost economic cooperation

The services and investment agreement will give Singapore firms access to more than 15 service sectors in Kazakhstan Read more at straitstimes.com.

Posted on 23/05/2023

Kids from lower-income homes get boost from OCBC-MSF volunteer initiative to pursuit sports and other interests

Ms Myca Marla would like to give her two daughters, aged 11 and six, more opportunities to play and explore sports that interest them but as the family's sole breadwinner, she often lacks the time or ...

Posted on 22/05/2023

Volunteers from OCBC to work with lower-income families in rental flats under new programme

The programme aims to help 100 such families in implementing solutions to struggles they may be facing. Read more at straitstimes.com.

Posted on 22/05/2023

Singapore banks show the way in region’s net-zero quest but actions must speak louder, say observers

SINGAPORE - Singapore’s local banks may be ahead of many other Asian peers when it comes to mapping out their decarbonisation goals, but observers say the next big hurdle is how far the banks will go ...

Posted on 22/05/2023

Singapore’s DBS Eyes Lending to India’s SMEs Thanks to Private Credit

DBS Group Holdings Ltd.’s takeover of a local bank in 2020 will help it tap opportunities in offering private credit to India’s cash-hungry small- and medium-sized firms, according to an official at ...

Posted on 22/05/2023

To Promote Financial Literacy and Earnings Insights, Moomoo Hosts Presentations at TradersExpo and a US-Singapore Webinar

As earnings season draws to a close, Moomoo has reviewed the results of some of the world's closely watched companies and uncover tools investors can use to maximize potential opportunities. Justin ...

Posted on 22/05/2023

Singapore’s DBS expects earnings to grow over $7.5 bln in medium term

May 22 (Reuters) - Singapore-based DBS group on Monday said it expects earnings of over S$10 billion ($7.55 billion) in the medium term, after it posted a record first-quarter profit earlier this ...

Posted on 22/05/2023

DBS sees profit exceeding US$7.4bil within 5 years

Return-on-equity is expected to be in a range of 15% to 17%, Southeast Asia’s biggest lender said in an investor day presentation on Monday, referring to a time frame of three to five years. Its ...

Posted on 22/05/2023

Singapore’s Minri Media teams with Momo to invest in diverse filmmakers (exclusive)

Singapore production outfit Momo Film has partnered with new investment firm Minri Media to boost Asian and LGBTQI+ representation on screen, beginning with Cannes Doc feature Tens Across The Borders.

Posted on 22/05/2023

DBS sees annual profit exceeding $10 billion in medium term

SINGAPORE - DBS Group Holdings expects to achieve earnings of more than $10 billion in the medium term given its strong balance sheet and digital transformation. Return-on-equity is expected to be in ...

Posted on 22/05/2023

Former Investor Darling GLP Is Now Sliding Into Distress in Asia.

GLP's dollar notes have lost most among Asia high-grade in 2023. GLP says liquidity is ample, has worked on governance concerns ...

Posted on 22/05/2023

Stock Market LIVE: Indian indices may see tepid start; SGX Nifty, Asia down

MSCI's broadest index of Asia-Pacific shares outside Japan was last flat, struggling for direction. Japan's Nikkei was also mostly unchanged and Australia's resources-heavy shares slipped 0.2%.

Posted on 22/05/2023

Investors still hot on less risky bets. But with waning returns, is it time to move on?

The latest auction of six-month Treasury bills received S$12 billion in applications, more than twice the S$5 billion on offer.

Posted on 22/05/2023

Even as returns dip, investors still flocking to less risky bets like T-bills

The latest auction of six-month Treasury bills received S$12 billion in applications, more than twice the S$5 billion on offer.

Posted on 21/05/2023

Ever Glory closes on trading debut at 63.6% above IPO price

Ever Glory plans to use the $3.1 million raised from its IPO to scale its existing business. Read more at straitstimes.com.

Posted on 21/05/2023

We own a freehold 1-bedroom investment unit in District 10: How long would it take to profit $700k?

Thanks for sharing insightful property content to Singapore homeowners. I chance upon your website when searching for the latest property cooling measures. Reading your articles, I understand you ...

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