SINGAPORE: DBS Group Holdings, Southeast Asia's biggest lender, beat market estimates by reporting a 17 per cent increase in second-quarter profit, supported by a rise in net interest income. The ... ( read original story ...)
The Week Ahead: DBS Group, UOB And OCBC
The three Singapore-listed banks are pencilled in for quarterly numbers. In April, DBS Group (SGX: D05) beat market estimates with a 9% rise in first-quarter earnings. Strong net-interest income ... ( read original story ...)
DBS posts record 1H earnings after 20% rise in 2Q earnings to $1.6 bil
SINGAPORE (July 29): DBS Group’s reported record earnings of $3.25 billion for 1H19 after 2Q19 earnings rose 20% to $1.60 billion from a year ago. 2Q19 saw a 16% increase in total income to a $3.71 ... ( read original story ...)
Singapore’s move to waive sales tax on digital payment tokens will spur innovation, boost cryptocurrency exchanges, says PwC
The Singapore government’s proposal to exempt digital payment tokens from a sales tax when they are used to pay for goods and services is likely to benefit cryptocurrency exchanges, asset managers and ... ( read original story ...)
How does DBS MAX help businesses address customer service woes?
The list goes on. Touted as Singapore’s first mobile-based QR collection solution, the DBS MAX app can be installed on any number of tablets or smartphones. Merchants can generate a QR code for their ... ( read original story ...)
Companies commemorate Singapore’s bicentennial with collectibles
OCBC Bank also launched a limited-edition passbook in two designs on July 7. The first design has landmarks such as the Merlion, Gardens by the Bay and Singapore's national flower, Vanda Miss Joaquim. ... ( read original story ...)
James Dyson ‘buys’ second luxury home in Singapore
British billionaire James Dyson is set to buy a second Singapore home for £26.5m, just weeks after paying a record £43m for the city’s biggest apartment. The tycoon and inventor of bagless vacuum ... ( read original story ...)
Hyflux suitor Utico eyes $500 mil Singapore IPO in 2 years
(July 26): United Arab Emirates-based utility Utico FZC plans to raise as much as $500 million through a listing on the Singapore Exchange in the next two years, according to chief executive officer ... ( read original story ...)
Hyflux Suitor Utico Eyes S$500 Million Singapore IPO in 2 Years
United Arab Emirates-based utility Utico FZC plans to raise as much as S$500 million ($366 million) through a listing on the Singapore Exchange in the next two years, according to chief executive ... ( read original story ...)
China’s Wanda Sports cuts U.S. IPO size, lowers price range
SINGAPORE — Wanda Sports Group Co Ltd, a unit of Chinese conglomerate Dalian Wanda Group, has cut the size of its U.S. initial public offering (IPO) to up to $308 million from a previous size of ... ( read original story ...)
Singapore Is Spending Big to Future-Proof Its Slowing Economy
head of DBS & POSB branch banking. Last year, DBS launched a health and payment program for seniors, complete with a “ Smart Sleeve” device that can track daily steps and make everyday payments. ... ( read original story ...)
Standard Chartered X Card – The Lowdown on the New “100,000 Miles” Card
Apparently, Standard Chartered is taking a leaf out of Singtel’s and Starhub ... Sure enough, the X Card’s annual income requirement is $80,000 for Singapore citizens and PRs ($60,000 for foreigners ... ( read original story ...)
Singapore braces for delistings to continue even after rule fix
(Bloomberg) -- This year, Singapore’s stock market has seen on average of two companies a month looking to delist. The trend may not be reversing any time soon. The Singapore exchange tweaked the ... ( read original story ...)
‘Richer’ Filipinos give Citibank PHL 2nd rank in Southeast Asia growth
and then by Citibank Singapore with 6.1 percent; while Citibank Malaysia trails with 2.25 percent. Meanwhile, both Citibank Vietnam and Citibank Indonesia posted declines in their deposit volumes ... ( read original story ...)
Singapore Braces for More Delistings Even After Rule Fix
according to a report from DBS Group Holdings Ltd. this month. “New rules will not entirely derail the trend of delistings in Singapore. In fact delistings may continue at a similar rate,” said ... ( read original story ...)
DBS opens air travel marketplace
underwritten by Chubb Insurance Singapore Limited, which covers them for four major travel inconveniences: journey cancellation; travel delay; baggage delay; accidental death and disablement. In ... ( read original story ...)