DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such ...
Singapore core inflation falls further to 0.6% in February, lowest since June 2021
Prices fell for two categories of items – electricity and gas, and retail and other goods. Read more at straitstimes.com.
Chocolate Finance Says All Withdrawals From 10–18 March Have Been Paid Out
Singapore-based Chocolate Finance said it has completed processing all withdrawal requests submitted between 10 and 18 March.
JP Morgan prefers DBS, downgrades UOB to neutral
JP Morgan downgrades UOB to neutral, prefers DBS for its yield, cautious on Indonesia, but more positive on Thailand ...
Banking Circle’s BC Payments Gets In-Principle Nod for Payment License
BC Payments has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license.
Stocks to watch: UOB, SIA, Nio, Starhill Global Reit
SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Mar 24). Read more at The Business Times.
SGX delistings: The inevitable shift in an evolving market
Over in the United Kingdom, the London Stock Exchange saw 88 delistings in 2024 versus only 18 new entrants, the most significant net outflow of firms since the US sub-prime crisis of 2008. According ...
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public ...
UOB CEO’s pay drops 5.5% in 2024 despite record profit
SINGAPORE: UOB deputy chairman and CEO Wee Ee Cheong’s total pay for 2024 dropped by 5.5% to S$15 million, even though the bank posted a 5.8% increase in net ...
10 best savings account in Singapore with the highest interest rates (March 2025)
Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...
OCBC to lower interest rates for 360 Account from May 1
From May 1 onwards, account holders under the 360 Account will receive a maximum rate of 6.3% per annum (p.a.), down from its prevailing rate of 7.65% p.a.
S-Reits surge as banks decline; see beginnings of a rebound
SINGAPORE] Trade tensions in global markets were evident in the performance of global banks in recent weeks. The Singapore trio of DBS, OCBC and UOB averaged declines of 1.4 per cent. At the same time ...
4 Multi Generation Family-Owned Singapore Companies That Are Listed On The SGX
These multi generation family-owned Singapore companies are publicly listed and their shares can be purchased on the SGX by investors ...
How financial literacy and trust can guide investment decisions towards better financial health
Fresh research shows that financial knowledge drives desirable and positive financial behaviours. Read more at straitstimes.com.
‘Water will be critical’, says UOB, first Singapore bank to publish TNFD-aligned report
Water will be critical', says UOB, first Singapore bank to publish report aligned to the Taskforce on Nature-related Financial Disclosures or TNFD.
Microsoft to launch 3 new data centres in Malaysia by mid-year as part of US$2.2B investment
Almost a year after announcing a US$2.2 billion (S$2.9 billion) investment over the next four years in May 2024 to expand cloud and artificial int ...