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Tag: finance

Posted on 16/10/2025

CLI-managed Extra Space Asia investing nearly $100 mil to develop Kaki Bukit site, acquire three Tokyo facilities

Tim Alpe, managing director and head of Extra Space Asia, says his team aims to grow ESA’s portfolio to $2 billion by 2028.

Posted on 16/10/2025

Singapore’s DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC

DBS Group, the largest bank in Southeast Asia, said on Thursday that it has partnered with Riyadh-based Banque Saudi Fransi to strengthen trade finance and payment flows between Asia and Saudi Arabia.

Posted on 16/10/2025

DBS and Banque Saudi Fransi to work together on trade finance and payment flows between Asia and Saudi Arabia

Under the MOU, DBS and BSF will provide trade financing solutions such as letters of credit, bankers’ guarantees and trade loans to each other’s clients.

Posted on 16/10/2025

CLI’s self-storage unit invests close to S$100 million in Singapore flagship project; acquires 3 Tokyo facilities

When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft of gross floor area Read more at The Business Times.

Posted on 16/10/2025

Higher income eligibility cap for MOE financial aid schemes, bigger transport subsidies for students

SINGAPORE: Higher income eligibility ceilings across financial assistance schemes offered by the Ministry of Education (MOE), and bigger transport subsidies for primary and secondary students from ...

Posted on 16/10/2025

Capital Group offers DBS/POSB customers access to world’s largest multi-asset strategy from $1,000

Launched in 1975, Capital Group American Balanced strategy is the world’s largest multi-asset strategy, managing US$258 billion. Capital Group is waiving upfront costs for DBS/POSB customers.

Posted on 16/10/2025

DBS CEO Tan Su Shan’s one big lesson for getting through Trump’s tariffs: ‘Diversify’

DBS CEO Tan Su Shan took on the top job just before an economic storm struck. The veteran of the Singapore-based bank, Southeast Asia’s largest, assumed the role in March, just a few days before U.S.

Posted on 16/10/2025

Industrial property developer Soon Hock Enterprise opens 8.6% above IPO price in mainboard debut

[SINGAPORE] Industrial property developer Soon Hock Enterprise debuted on the mainboard of the Singapore Exchange (SGX) on Thursday (Oct 16), opening 8.6 per cent or S$0.05 above its initial public ...

Posted on 16/10/2025

Industrial property developer Soon Hock IPO 9.8 times subscribed

[SINGAPORE] Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million shares on offer were 9.8 times subscribed. Its Singapore public offer of 2.8 million shares were 16 ...

Posted on 15/10/2025

Singapore firms commit S$5.5 billion of investments to SEZ in Johor; Malaysia unveils new steps to woo investors

Malaysia Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz announces fast-track licences for manufacturing projects and a bigger kitty for government co-investment that can be tapped by ...

Posted on 15/10/2025

Industrial property developer Soon Hock IPO 9.8 times oversubscribed

[SINGAPORE] Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million units on offer were 9.8 times subscribed. Its Singapore public offer of 2.8 million shares were ...

Posted on 15/10/2025

Former UOB employee convicted of giving scammer data on over 1,000 customers

A former UOB employee was convicted on Oct 14 of multiple charges following the disclosure of information on more than 1,000 customers to a scammer.Cao Wenqing, 30, was convicted of 14 charges under ...

Posted on 15/10/2025

Trust Bank offers US trading options, the first S’pore digital bank to do so

Trust Bank is the first digital bank in Singapore to offers US stock trading options. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/10/2025

DBS Private Bank: Giving Family Offices An Edge In Uncertain Times

DBS Private Bank helps UHNW families grow cross-border wealth, plan succession, and future-proof legacies through innovative family office solutions.

Posted on 15/10/2025

Singapore Central Bank Stands Pat as Economy Shows Resilience, But Risks Loom

The Monetary Authority of Singapore held monetary policy steady as it balanced better-than-expected economic growth against rising risks from tariffs and inflation.

Posted on 15/10/2025

Public transport fare hikes lower than expected, says DBS

"While the hike was below our initial estimates, it was only marginally so and has immaterial impact to our FY26F earnings estimates," says DBS ...

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