Singapore bank DBS Group (DBSM.SI) painted an optimistic picture for 2021 as a pandemic-induced slowdown gives way to an improved business performance, driven by wealth management, while credit costs ...
Singapore finance minister to deliver budget on Feb. 16
Singapore's finance minister Heng Swee Keat will deliver the fiscal year 2021 budget statement on Feb. 16, the government said on Thursday.
Singapore banks trounce Q3 profit estimates, wealth management shines
Singapore's top lenders, DBS Group and Oversea-Chinese Banking Corp , posted lower than expected declines in third-quarter profit on Thursday on the back of strength in their wealth management ...
RHB raises DBS target price to $57.10 after bank’s stock hits new high
This is the second time RHB has hiked its target price for DBS this year. DBS shares reached an all-time high of $54.80 on Oct 7.
DBS recognised as Safest Bank in Asia yet again
DBS announced today that it has once again been named "Safest Bank in Asia" in 2025, marking its 17 th consecutive year receiving this distinguished recognition. The bank also retained its position at ...
Singapore’s Nanofilms launches IPO, seeks to raise up to $375 mln -sources
Singapore's Nanofilms Technologies International launched an initial public offering (IPO) on Friday, which three sources with knowledge of the matter said could raise up to S$510 million ($375.4 ...
Singapore’s Nanofilm to raise up to $375 mln, largest local IPO in years
Singapore's Nanofilm Technologies International launched an initial public offering on Friday, which three sources with knowledge of the matter said could raise up to S$510 million ($375.4 million).
IPOs are tumbling out, but delistings are still going on
Several industry insiders tell The Edge Singapore that a mix of different factors is behind the steady stream of delistings.
Monetary Authority of Singapore (MAS) Strengthens Financial Oversight with Key Q3 2025 Enforcement Actions
The Monetary Authority of Singapore (MAS) demonstrated during Q3 2025 its commitment to upholding the integrity of the financial sector.
Financial and insurance sector to leverage role-specific AI tools in new programme
Workers will have to use role-specific AI tools to perform higher-value work. Read more at straitstimes.com. Read more at straitstimes.com.
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
Besides being a time saver, the tool cuts down on human error from examining documents on clients’ employment, business and investment history Read more at The Business Times.
Bank of Singapore’s AI tool can draft source of wealth reports in an hour from usual 10 days
Relationship managers, who will review and refine the reports, will have more time to engage customers. Read more at straitstimes.com. Read more at straitstimes.com.
Briefs: HSBC offers to privatise Hang Seng Bank at HK$155 per share; OCBC’s mortgage specialists become RMs
The valuation of Hang Seng implied by the scheme consideration is HK$290 billion, representing a 1.8 times 1H2025 price-to-book multiple.
DBS News Today: DBS Surpasses OCBC with Record 300% Market Value Surge
In an extraordinary turn of events, DBS Group Holdings Ltd has made headlines with a staggering 300% surge in its market value, eclipsing its closest competitor, OCBC. This remarkable rise not only ...
Johor–Singapore SEZ draws new wave of investors with two-in-one appeal
SINGAPORE: The Johor-Singapore Special Economic Zone (JS-SEZ) is fast emerging as an attractive investment destination for companies that might not have eyed either market individually.
Singapore’s Wilmar unit to raise $2 bln in China IPO
Singapore agribusiness Wilmar International said on Thursday its China business, Yihai Kerry Arawana (YKA), was set to raise 13.9 billion yuan ($2.06 billion) in its proposed initial pubic offering.