If you work for Citi in Singapore or if you want to get a job at Citi, you’ll want to know about the bank’s plans for the future and how they might affect your career. The firm's strategy in ... ( read original story ...)
UOB chief says why not let someone outside the family succeed him
"If they can do the job, why not?" UOB is the only Singapore bank that's still run by a family after OCBC Bank and others chose outsiders as their CEO or merged. Under Mr Wee's billionaire father, UOB ... ( read original story ...)
Dragon boat: KPMG pips DBS to win DBS Marina Regatta corporate mixed 200m title
SINGAPORE - They finished behind the DBS Bank Ltd A dragon boat team in the DBS Marina Regatta 200m corporate mixed grand final in 2018, as well as in the semi-finals this year. The KPMG Dragonboat A ... ( read original story ...)
Singapore stock index down 0.6% in afternoon, headed for 4th straight weekly loss
SINGAPORE - Already anxious investors were dealt another blow on Friday (May 31) with US President Donald Trump's tariff threat on Mexico sending the local market and its regional ... was the ... ( read original story ...)
Alliance Healthcare debuts on Catalist at 20.5 cents, 2.5% higher than IPO price
SINGAPORE - Alliance Healthcare Group on Friday (May 31) made its debut on the Singapore Exchange's (SGX) Catalist board at 20.5 cents, 2.5 per cent higher than its IPO (initial public offer) price of ... ( read original story ...)
IHH Healthcare to see an exciting 2019 with increasingly palatable valuations: UOB
SINGAPORE (May 31): UOB Kay Hian is maintaining “buy” on IHH Healthcare with a target price of RM6.30 ($2.07), which implies 32.8 times 2020F P/E – well below its historical five-year 12 month forward ... ( read original story ...)
DBS : Chew’s Agriculture signs $27m sustainability-linked loan with DBS
According to DBS, this is the first sustainability-linked loan for a small and medium-sized enterprise (SME) in Singapore. The loan will ensure that hens laying eggs on the farm will continue to be ... ( read original story ...)
Chew’s Agriculture inks 10-year $27 mil sustainability-linked loan with DBS
SINGAPORE (May 29): DBS announced that Chew’s Agriculture, the local egg producer, has signed a 10-year, $27 million sustainability loan with the bank, marking the nation’s first sustainability-linked ... ( read original story ...)
OCBC says Soilbuild REIT has undemanding valuations, but still lacks catalysts
SINGAPORE (May 31): OCBC Investment Research is maintaining “hold” on Soilbuild Business Space REIT (SB REIT) with an unchanged fair value of 62 cents as the REIT continues to await rent payment due ... ( read original story ...)
UOB chief says ‘why not’ let an outsider succeed him
"If they can do the job, why not?" UOB is the only Singapore bank that's still run by a family after OCBC Bank and others chose outsiders as their CEO or merged. Under Wee's billionaire father, UOB ... ( read original story ...)
Singapore housing loans shrink again, with overall lending flat in April: MAS data
Overall bank lending in Singapore was flat in April from a month ago, bogged by the decline in consumer loans and moderated growth in business lending. Loans through the domestic banking unit - which ... ( read original story ...)
DBS Group expects RBI to cut 25 bps at June 6 meet
SINGAPORE: Singapore-based DBS Group expects the Reserve Bank of India's (RBI) rate-setting panel to make a 25-bp cut in the repo rate at the June 6 meeting, taking the total cut to 75 basis points ... ( read original story ...)
SembMarine is now looking cheap but beware of the risks: OCBC
SINGAPORE (May 30): OCBC Investment Research is maintaining its “hold” call on Sembcorp Marine (SMM) while lowering its fair value estimate to $1.60 from $1.77 previously upon slashing its ... ( read original story ...)
Gojek Hits 10M Rides After 6 Months In S’pore – To Introduce More Benefits For Top Drivers
The Indonesian ride-hailing giant launched its beta app in Singapore on 29 November 2018, with DBS and POSB card holders getting priority access to the service. Then, its service only covered selected ... ( read original story ...)
Vietnam on track to overtake Singapore in decade: DBS
NEW YORK -- Vietnam's economy could grow as much as 6.5% a year over the next ten years and exceed Singapore in size by 2029, according to DBS Bank. Fundamentals including improvements in ... ( read original story ...)
Asia markets slip, currencies decline as US adds 9 countries to watch list
Malaysia and Singapore. Following that development, some of those currencies weakened against the dollar. Stocks in Asia mostly declined in Wednesday afternoon trade following overnight losses on Wall ... ( read original story ...)