The trio of Singapore banks takes up the lion’s share on the local Straits Times Index, correspondingly affecting the movements of the index. Look to what drives the movements for these bank shares. D... ( read original story ...)
Citibank Rewards Card – MoneySmart Review 2019
The Citibank Rewards Card is one of the more attractive credit cards in Singapore for shopaholics, offering 10X rewards points (or $1 = 4 miles) when you shop for shoes, bags and clothes online and of... ( read original story ...)
Sasseur REIT FY18 DPU exceeds IPO forecast by 12.6%
SINGAPORE (Feb 18): The manager of Sasseur REIT announced a ... With a DPU of 5.128 cents, annualised distribution yield was 8.4% based on IPO listing price of $0.80. Total gross borrowings was $512.6 ... ( read original story ...)
Chinese Kids Fan Profit at Bangkok School Criticized for IPO
Capacity is set to climb to 4,175, helped by investment funded by IPO proceeds. About 85 percent of students are Thai, with the rest from countries led by Singapore and China. The English-language cur... ( read original story ...)
OCBC digital token available in Malaysia
This service has been available to all OCBC Singapore customers since January 2019. OCBC Malaysia customers will be able to use this service from March 2019. The digital security token automatically a... ( read original story ...)
OCBC rolls out digital token to replace hardware security tokens
Customers can also instantly reactivate OCBC OneToken on another phone if they switch or upgrade devices, which happens once every two years on average in Singapore," the bank added. SEE ALSO: Securit... ( read original story ...)
UOB will turn positive on Jumbo once new outlets start to show profitability
SINGAPORE (Feb 18): UOB Kay Hian is maintaining its “hold” call on Jumbo Group with a target price of 41 cents, following the group’s 1Q19 results announcement. For 1Q19, the group reported a 15.7% ri... ( read original story ...)
DBS forecasts stable loan growth this year after record 2018 profit
SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia's biggest lender, forecast stable loans growth for 2019 after a robust increase in net interest margin drove an 8 percent rise in quarterly ... ( read original story ...)
UOB’s New Digital Bank Gamifies Personal Finance – Lets Users ‘Level Up’ The More They Save
In the next five years, they hope to have three to five million TMRW customers. No specific date for launch in Singapore has been set but UOB shared that it will progressively launch TMRW in ASEAN in ... ( read original story ...)
DBS : full-year 2018 net profit rises 28% to record SGD 5.63 billion
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and ... ( read original story ...)
DBS Q4 net profit climbs 8%, supported by rise in net interest margin
SINGAPORE: DBS Group Holdings Ltd , Singapore's biggest lender, reported an eight per cent rise in quarterly profit that came in line with market expectations, powered by a robust increase in its net ... ( read original story ...)
DBS fourth quarter profit up 8 percent, supported by rise in net interest margin
After three years of strong loans growth, the sector faces tougher times as Singapore's export-reliant economy slows, partly due to a trade war between China and the United States. DBS, nearly 30 perc... ( read original story ...)
UPDATE 1-DBS Q4 profit up 8 pct, supported by rise in net interest margin
SINGAPORE, Feb 18 (Reuters) - DBS Group Holdings Ltd , Southeast Asia’s biggest lender, reported an eight percent rise in quarterly profit that came in line with market expectations, powered by a robu... ( read original story ...)
DBS reports 8% rise in 4Q earnings to $1.32 bil; brings FY18 earnings to new record high
SINGAPORE (Feb 18): DBS Group reported 4Q earnings rose 8% to $1.32 billion from a year ago, bringing FY2018 earnings to a record high of $5.63 billion. In the 4Q ended Dec, net interest income rose 1... ( read original story ...)
UOB’s new digital bank gamifies personal finance
In the next five years, they hope to have three to five million TMRW customers. No specific date for launch in Singapore has been set but UOB shared that it will progressively launch TMRW in ASEAN in ... ( read original story ...)
Singapore Plans Cautious Budget With an Eye on Election
(Bloomberg) -- Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of ... ( read original story ...)