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Tag: finance

Posted on 30/04/2021

Singapore’s DBS bank sets first quarter profit record; bad loans are at pre-pandemic levels

"Results are in line with recent optimistic outlook given by Singapore's three banks, but importantly, the low credit costs were to reverse previously very prudent aggressive fron ... ( read original story ...)

Posted on 30/04/2021

Standard Chartered considers slashing S’pore office space

SINGAPORE: Standard Chartered Plc is weighing options to downsize its office space in what could become the biggest floor cuts by a bank in Singapore in recent years, according to people familiar with ... ( read original story ...)

Posted on 30/04/2021

DBS Q1 profit surges 72% to record $2.01 billion; flags strong year ahead

Its business fired on all fronts with faster loan growth and record fee income.. Read more at straitstimes.com. ( read original story ...)

Posted on 30/04/2021

DBS Q1 profit surges 72% to record, flags strong growth

SINGAPORE: DBS Group trumped market estimates with a 72 per cent rise in quarterly net profit to a record high, as the bank benefited from strong ... ( read original story ...)

Posted on 29/04/2021

News Analysis: Singapore banks gear up to promote green finance

Singapore banks are busy rolling out various loan packages amid the coronavirus pandemic to shore up the role of green finance in the city-state. The latest drive came from DBS Bank, Singapore's ... ( read original story ...)

Posted on 29/04/2021

OCBC says it ‘may not need so many branches’ with plans to review office space

SINGAPORE: Singapore’s second largest bank OCBC will be reviewing its office space requirements, including the number of bank branches it has, ... ( read original story ...)

Posted on 29/04/2021

Singapore: Labour market improves in Q1 – UOB

Economist at UOB Group Barnabas Gan assesses the recent figures from the labour market in Singapore. Key Quotes “Singapore’s labour market improves further in the first quarte ... ( read original story ...)

Posted on 29/04/2021

LinkedIn: OCBC, Standard Chartered and Unilever are the top three companies to work for in Singapore

Standard Chartered Bank and consumer goods company Unilever are the top three companies to work for, according to LinkedIn’s 2021 list of top companies in Singapore. The professional networking site ... ( read original story ...)

Posted on 29/04/2021

Olam buys US spice group Olde Thompson as it weighs food ingredients IPO

Olam International has bought US spice company Olde Thompson for almost $1bn as the Singapore-based agricultural trading house looks to list its food ingredient business. The company announced a split ... ( read original story ...)

Posted on 29/04/2021

JPMorgan teams with Singapore’s DBS and Temasek to form a blockchain payment platform

JPMorgan Chase announced it is teaming up with Singapore's DBS Group and Temasek to form a blockchain payments platform. The platform aims to ease frictions for cross-border payments, trade, and ... ( read original story ...)

Posted on 28/04/2021

Standard Chartered bank considers slashing Singapore office space: Sources

This could become the biggest floor cuts by a bank in Singapore in recent years.. Read more at straitstimes.com. ( read original story ...)

Posted on 28/04/2021

OCBC Cycle: 20-strong SGH cycling team out to raise funds for needy patients

Needy Patients Fund helps about 2,000 vulnerable patients a year and often needs more than $1m.. Read more at straitstimes.com. ( read original story ...)

Posted on 28/04/2021

UOB Painting of the Year competition enters its 40th edition

Artists from Singapore, Indonesia, Malaysia and Thailand can submit their work from April 29 to July 31.. Read more at straitstimes.com. ( read original story ...)

Posted on 28/04/2021

Indian food delivery major Zomato files for $1.1b IPO with market regulator

Zomato said its revenue from operations grew from US$62.7 million in FYE 2018 to US$350.5 million in FYE 2020. ( read original story ...)

Posted on 28/04/2021

The 40th UOB Painting of the Year competition calls for artists to push the limits of their imagination and ingenuity

UOB is calling for artists in Singapore, Indonesia, Malaysia and Thailand to push the limits of their imagination and ingenuity through the 40 th UOB Painting of the Year (POY) competition. This year, ... ( read original story ...)

Posted on 28/04/2021

Temasek, DBS, JP Morgan launch blockchain-based cross-border payment platform Partior

Singapore’s Temasek, DBS Bank and US-based JP Morgan will jointly establish Partior, a blockchain-enabled cross-border transaction platform. ( read original story ...)

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