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Tag: banking

Posted on 18/05/2023

Singapore Festival of Football brings a week of top football action in June 2023

It is football mania in Singapore this June as Singapore Festival of Football arrives to bring a week-long spectacle with various top teams.

Posted on 18/05/2023

Unexplained unauthorized takeover of company account at OCBC raises concerns over new law

Goh Chye Guan, in an open letter, recounts his shocking experience with OCBC Bank where he discovered that he was no longer the signatory of his company bank account. Despite repeated attempts to seek ...

Posted on 18/05/2023

DBS maintains ‘buy’ rating for CLINT, whose project pipeline shows ‘insatiable’ growth potential

DBS Group Research analysts Derek Tan and Dale Lai have maintained their “buy” ratings for CapitaLand India Trust (CLINT) with a lower target price of $1.45, down from $1.50 previously, citing its ...

Posted on 18/05/2023

DBS, Singtel and The Hour Glass top as SG’s strongest brands in new report

Over half of Singapore's most valuable brands are seeing double-digit percentage growth in their brand values as they settle into a post-pandemic economy. Three of such brands include DBS, Singtel, ...

Posted on 18/05/2023

How SGFinDex Drives Digital Transformation in Singapore’s Financial Sector

Discover how SGFinDex empowers consumers with a consolidated view of their finances, driving financial well-being in Singapore.

Posted on 18/05/2023

Singapore proptech Simmple downsizes proposed IPO to $7M

Singapore-based proptech Simmple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simmple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...

Posted on 18/05/2023

Asian e-tailer WeBuy upsizes proposed US IPO to $11M

Southeast Asian e-tailer WeBuy (WBUY) has updated terms for a proposed $11M US initial public offering. WeBuy said in a filing that it is now planning to offer 2.63M shares priced at $4 per share, ...

Posted on 18/05/2023

Scam target’s phone compromised after he downloaded fake ScamShield app

Police warn against downloading suspicious apps as they may contain phishing malware. Read more at straitstimes.com.

Posted on 18/05/2023

Big part of Singapore Airlines load factor comes from premium leisure travelers: DBS Group Research

Jason Sum of DBS Group Research says the return of corporate travelers, on the other hand, has been "fairly sluggish." ...

Posted on 17/05/2023

Phone compromised after scam target told to download fake ScamShield app

Responding to an advertisement selling multiple flavours of otah on Facebook, a man was told by the seller to download an app to place a deposit. He keyed in his bank details but later realised that ...

Posted on 17/05/2023

HSBC targets Asia returns in ‘mid-teens’ amid Ping An pressure

HSBC Holdings said it is targeting return on tangible equity for its Asia business that’s in the “mid-teens”, amid pressure from its top shareholder to improve returns. Read more at The Business Times ...

Posted on 17/05/2023

Singapore has the highest stamp duty rates for foreign residential property buyers

According to a study by Savills, Singapore ranks highest in the world for total stamp duty rates for a foreigner looking to buy a residential property, clocking in at about 64 per cent* of the selling ...

Posted on 17/05/2023

Singapore’s Jewels: 20 small-cap companies that investors should pay attention to

Investors looking for Singapore-listed companies to invest in should consider the Lion City’s “20 jewels,” according to RHB. “Jewels” are small-cap companies which have a market capitalisation range ...

Posted on 17/05/2023

Trust Bank Rolls Out Supplementary Credit Card With Instant Issuance

Trust Bank launched its supplementary credit card where the application is fully digital and will be issued instantly to its customers.

Posted on 17/05/2023

April NODX down 9.8% y-o-y, OCBC maintains full year estimate of 3% contraction

Totally trade, which includes both exports and imports, dropped by 18.8% y-o-y in April, reversing the 7.9% y-o-y growth chalked up in March. OCBC’s chief economist Selena Ling, who is keeping her ...

Posted on 17/05/2023

OCBC sets sector-specific decarbonisation targets, scraps new loans for oil and gas projects

Southeast Asia's second-largest lender OCBC sets sector-specific decarbonisation targets, scraps new loans for oil and gas projects ...

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