The brokerage’s key focus for stocks in 2H2023 include counters such as Capitaland Investment, Genting Singapore and Keppel Corp.
CGS-CIMB keeps ‘hold’ on DBS with ‘likely positive’ NIM guidance but negative loan growths for 2QFY2023
CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are expecting a resilient showing of DBS Group Holdings’ 2QFY2023 earnings, on account of stable net interest margins (NIM), recovering ...
Singapore banks face tepid loan growth; interest margins to peak in 2023
“The Singapore government is highly supportive of the banking system. We believe it will provide timely financial support to ensure the stability of the financial system, if needed. This in turn ...
Winning Secrets: UOB Thailand’s head office embodies a high-performance culture
Featuring a four-zone workplace, UOB Plaza Bangkok encourages closer collaboration, enables greater mobility, and promotes employee wellbeing, Sasiwimol Arayawattanapong, Head of HR, shares.
Little Movement Anticipated For Singapore Shares
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...
Singapore’s Temasek to invest US$3 million-$5 million a year in India, report says
Singapore state investment company Temasek Holdings is looking to invest US$3 million to $5 million a year in India, Ravi Lambah, head of Temasek India, says in an interview with Bloomberg.
Former CIO of GIC Ng Kok Song announces bid to run for Singapore presidency
Ng Kok Song, the former chief investment officer of Singapore asset management company GIC, has announced his bid to run for presidency on Wednesday (19 July). CNA reported that the 75-year-old ...
Singapore: City-state rocked by rare political scandals
Singapore, known for its political stability, has been rocked by a string of rare political scandals. Last week, a senior minister was arrested in a graft probe, the first in four decades to be ...
Singapore stocks close flat on Thursday as investor optimism wanes
SINGAPORE - Investors couldn’t find much sign of a pulse in the local market on Thursday, despite data showing inflation easing in many economies. Read more at straitstimes.com.
Singapore-based Keppel’s private funds acquire $1.1b Seoul office tower
Singapore-headquartered Keppel Corporation’s private funds have closed a 1.4 trillion won ($1.1 billion) acquisition of the Bank of Korea’s office building in Seoul, South Korea.
Ong Beng Seng: A Look At The Net Worth Of The Singaporean Billionaire
One of the most famous businesspersons in Southeast Asia, Ong Beng Seng of Singapore built his billion-dollar net worth by owning some of the world’s most famous hotels through his company Hotel ...
Citi ‘warming up to OCBC’ over DBS ahead of 1HFY2023 results, expects 40 cents DPS
UOB is set to announce its results for 1HFY2023 ended June on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.
Singapore’s recent political scandals do not represent political upheavals: OCBC
Despite recent political scandals, Vasu Menon from OCBC Bank says Singapore is "still a good bet", and is sticking to a positive position on the country's economy and markets.
Carbon, clean energy needs underpin Aust-Singapore ties
An investor forum in Singapore is examining ways to support global climate ambitions, sustainable development and a pipeline of Australian renewable energy.
Singapore Boosts Semiconductor Sector with $2 Billion Factory by Silicon Box
The USD 2 billion cutting-edge semiconductor factory is expected to generate over 1000 jobs with upskilling programs to significantly boost the nation's GDP with the support of the Singapore Economic ...
Grab’s digital bank beginning to accept larger deposits in Singapore
Grab Holdings Ltd’s upstart digital bank has started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised the limit it had previously placed on the company.