Governments must play their part to incentivise the flow of investments into climate solutions and the transition to these solutions, given the significant costs. This was said by MP Mariam Jaafar in ...
Singapore: Inflation climbed further in January – UOB
Alvin Liew, Senior Economist at UOB Group, comments on the recent inflation figures in Singapore. Key Takeaways “Headline and core CPI inflation further converged at the start o ...
Singapore banks flag cautious outlook as rates seen peaking
SINGAPORE: Singapore's Oversea-Chinese Banking Corp (OCBC) on Friday (Feb 24) rounded up a record annual results performance from the country's banks benefiting from higher interest rates, but the ...
OCBC posts 34% jump in Q4 profit to $1.31 billion; to pay final dividend of 40 cents
SINGAPORE – OCBC Bank reported a 34 per cent rise in fourth-quarter profit on Friday, driven by higher interest rates, but income from wealth management fees and its insurance business fell sharply.
Nifty to reclaim 17600 or bears to remain in control? 7 things to know before share market opens
On the Singapore Exchange ... The National Stock Exchange has no shares on its F&O ban list for 22 February. According to the NSE, stocks that have exceeded 95% of the market-wide position limit (MWPL ...
Singapore’s Grab Dives After Concerns Mount About Slowing Growth
Grab Holdings Ltd. plunged its most in almost five months despite bringing forward its profitability target, reflecting concerns about slowing growth as the Southeast Asian ride-hailing and ...
Rich Investors’ Reluctance to Trade Is Blow to Singapore Banks
Asia millionaires’ reduced risk appetite is hitting Singapore banks at a time when they are welcoming ... US-China tension and an uncertain economic outlook. Oversea-Chinese Banking Corp., the country ...
Singapore Budget 2023 debate: MPs suggest ways to help youth better hone skills and find work, look after mental health
SINGAPORE, Feb 24 – Offering graduate subsidies and loans ... The debate was in response to Finance Minister Lawrence Wong’s Budget statement last week. Education and training, as in past years, ...
Citibank Singapore Appoints Matt Read as Retail Banking Head
Corporate veteran to build on good start to bank's bold wealth management goals SINGAPORE, Feb. 23, 2023 /PRNewswire/ -- Citi has named Matt Read as Citibank Singapore's Retail Banking Head, effective ...
Singapore bank OCBC’s Q4 profit rises, fee income falls
SINGAPORE: Singapore's second-largest lender Oversea-Chinese Banking Corp (OCBC) reported a 34 per cent rise in quarterly profit on Friday (Feb 24), driven by higher interest rates, but income from ...
Singapore bank OCBC’s Q4 profit rises, sees higher net interest margin ahead
Singapore's second-largest lender Oversea-Chinese Banking Corp (OCBC) reported a 34% rise in quarterly profit on Friday, driven by higher interest rates, but income from wealth management fees and its ...
OCBC 4Q Profit Up 34% on Net Interest Income Gains
Net profit for the period ended December was 1.31 billion Singapore dollars ($975.6 million), while net interest income was S$2.39 billion, up 60% from S$1.49 billion a year earlier, OCBC said Friday.
Commentary: Parenthood incentives – Singapore cannot keep doing more of the same without knowing whether these really work
A common misconception is that Singapore’s marriage and parenthood initiatives have failed because total fertility rates keep declining, but that may not be true, says NUS’ Kelvin Seah.
Singapore’s Grab speeds up profit outlook as cost cuts pay off
SINGAPORE -- Singapore-based tech group Grab said it expects to deliver its first profit sooner than it had forecast after cutting earnings-draining incentives for the first time since its ...
Singapore: Inflation slips below expectations but stays hot
Headline inflation inched up to 6.6% year-on-year but settled well below market expectations January headline inflation ticked higher but settled much lower than what market participants had expected.
Malaysia’s Pet World Nutritions eyes IPO in Singapore as early as end-2023
Malaysian pet food maker Pet World Nutritions is planning an initial public offering (IPO) in Singapore to raise up to US$100 million (RM443.4 million), two sources with knowledge of the matter told ...