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Tag: finance

Posted on 09/06/2025

Thailand’s B. Grimm Power and Singapore’s Digital Edge to invest $1 billion in Thai data centre

Thai B. Grimm Power Pcl and Singaporean digital infrastructure firm Digital Edge will invest $1 billion in a 100-megawatt data centre in Thailand, the companies said in a statement on Monday.Southeast ...

Posted on 09/06/2025

DBS tops US$100 bil market value in Singapore Exchange first

Southeast Asia’s top lender gained as much as 0.8% in Singapore trading on Monday to hit $45.50. The firm is trading at a market capitalisation of $129 billion, extending its gains this year to 4.3%.

Posted on 09/06/2025

Explosion reported on Singapore-flagged ship off Kerala coast, Navy responds

The 270-metre-long vessel, with a draught of 12.5 metres, had left Colombo on June 7 and was en route to Mumbai.

Posted on 09/06/2025

DBS tops US$100 bil market value in first for Singapore banks

Southeast Asia’s top lender gained as much as 0.8% in Singapore trading on Monday to hit $45.50. The firm is trading at a market capitalisation of $129 billion, extending its gains this year to 4.3%.

Posted on 09/06/2025

DBS Tops $100 Billion Market Value in First For Singapore Banks

DBS Group Holdings Ltd. became the first bank in Singapore to top $100 billion in market value, helped by a softer US currency that amplified gains on the local stock market.

Posted on 09/06/2025

Stocks to watch: OCBC, CapitaLand Investment, Sasseur Reit, Thakral

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 9). Read more at The Business Times.

Posted on 09/06/2025

‘Very clever’; ‘lost confidence’: Shareholders react to OCBC’s latest exit offer for Great Eastern

SINGAPORE] OCBC on Friday (Jun 6) made a conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. Read more at The ...

Posted on 09/06/2025

GEH, OCBC’s proposals a victory of sorts for minorities who have held out, endured suspension

SINGAPORE] When Great Eastern Holdings (GEH) and its controlling shareholder OCBC put forward a two-pronged plan last week to resolve the insurer’s trading suspension, I was impressed and rather ...

Posted on 09/06/2025

Earnings Season Roundup: 5 Singapore Blue-Chip Stocks That Raised Their Dividends

Income investors who are looking for an increase in their passive income can look at these five attractive blue-chip companies. The post Earnings Season Roundup: 5 Singapore Blue-Chip Stocks That ...

Posted on 09/06/2025

OCBC’s Families100 initiative aims to help those with children living in rental flats

RASHID, who works as a pest control officer, faced uncertainties and concerns about school choice and financial constraints when considering enrolling his grandchild in preschool. Read more at The ...

Posted on 08/06/2025

Link Reit said to weigh Singapore IPO of non-HK, China assets

Link Reit has risen 27 per cent this year in Hong Kong, giving the firm a market value of around $17.6 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/06/2025

What does the delisting proposal by Great Eastern mean for the minorities as well as majority shareholder OCBC?

SINGAPORE] As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business Times takes a look at the background to the deal.

Posted on 08/06/2025

Best credit card promotions in Singapore (June 2025): Citibank, DBS, HSBC, UOB and more

This June, sign up for a credit card and you could walk away with welcome gifts like: Clearly, we're spoilt for choice — banks in Singapore are competing so hard for new credit card customers that ...

Posted on 08/06/2025

Singapore’s Crypto Crackdown Ends Loopholes for Unlicensed Firms

Singapore crypto regulations now require all firms to be licensed, ending loopholes and pushing unlicensed companies to seek compliance or leave the market.

Posted on 07/06/2025

Standard Chartered Bank boosts Bonus$aver maximum interest rate to 8.05%, bucking savings interest rate trend

SINGAPORE: Standard Chartered Bank is going against the downward trend in savings interest rates in the city-state by raising its maximum rate for its Bonus$aver savings account to 8.05% per year. The ...

Posted on 07/06/2025

Best fixed deposit rates in Singapore (June 2025): Minimum deposits from $500, rates up to 2.45%

If you think that fixed deposits are only for conservative cash — rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays ...

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