ANEXT Bank claims to be the “Singapore’s first digital bank for SMEs”, and allows businesses to open an account with no setup or annual fees nor minimum balance maintenances. Its multi-currency ...
StanChart Unveils ‘SC PrismFX’ for Global Foreign Exchange Payments
Standard Chartered has launched SC PrismFX, a new suite of cross-currency transactional foreign exchange (FX) solutions.
DBS to reward workers with special bonus
SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and plans to introduce a new “capital return” dividend, as Singapore’s biggest ...
ST School Pocket Money Fund to benefit from over $2.6m raised by UOB’s CNY fund-raiser
The funds were raised through a series of art workshops and a gala dinner by the bank and its business clients. Read more at straitstimes.com.
Daily Cuts – Budget 2025: Expectations and wishlists for Singapore, from Singaporeans
Budget 2025 is set to be unveiled in parliament on 18 February by Finance Minister Lawrence Wong – his first as Prime Minister. On Asia First, Hairianto Diman and Elakeyaa Selvaraji get the ...
Singapore shares rise, with DBS driving gains; STI up 0.4%
On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, which climbed 1 .6 per cent, or 70 cents, to $45.38 on a cum dividend basis.
OCBC Investment Research raises DBS’s TP to $50 after FY2024 record profit
Lee’s new target price still gives DBS an attractive dividend yield estimate of 6%, assuming a total dividend payout of $3 in FY2025.
Netizens voice concerns over e-payments in school affecting kids’ financial awareness and money skills
Singapore schools are adopting e-payments, but netizens worry children will struggle with cash transactions. Critics argue that relying on digital payments may weaken financial literacy, making kids ...
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore’s biggest bank: DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.
Sustainability concerns will shape Singapore’s priorities in attracting investments: EDB chairman
THE Republic’s priorities in attracting investments are being reshaped by the city-state’s sustainability commitments, said Singapore Economic Development Board (EDB) chairman Png Cheong Boon in a ...
Singapore’s STI breaks through to a new record as banks hit fresh highs
Singapore’s benchmark index the Straits Times Index has broken through to a new record high on Monday (Feb 10). Read more at The Business Times.
Singapore Stock Market Tipped To Open To The Downside On Monday
The Singapore stock market has moved higher in two straight sessions, collecting more than 45 points or 1.3 percent along the way.
Singapore’s DBS surges to record on higher margins, capital return plans
By Yantoultra Ngui and Roushni Nair SINGAPORE (Reuters) -Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a ...
S&P 500’s service focused composition cushions tariff blow, but a 4-5% drop still looms: Citibank
Citibank Singapore's Audrey Ho explains how Trump's tax policy could counter tariff risks—but not without challenges, including delayed effects and congressional hurdles.
Singapore’s DBS flags higher margins, plans capital return
Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday as it posted a 10% rise in fourth-quarter net ...
Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast
DBS Group, Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock ...