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Tag: finance

Posted on 29/08/2024

How the US Federal Reserve will help Singapore REITs outshine banks

Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three homegrown banks. Last year, DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas ...

Posted on 29/08/2024

Singapore sees Asean as bright spot in a troubled world, says DPM Gan

DPM Gan told the Asean Conference 2024 that the world has become a more difficult place for investors amid United States-China trade disputes, wars in Ukraine and the Middle East, tensions in the ...

Posted on 29/08/2024

SBF partners UOB, Rajah & Tann and RSM to help Singapore companies expand into ASEAN through business missions

4. In a significant development, a Memorandum of Understanding (MOU) was signed during the conference between SBF, UOB, Rajah & Tann and RSM Singapore. The MOU aims to support Singapore companies in ...

Posted on 29/08/2024

DBS lowers TP for Hutchison Port Holdings Trust; volume growth expected to be affected by higher tax rate

Analysts Maggie Wang and Paul Yong have lowered their earnings estimates and DPU forecasts for the port operator to 13 HK cents.

Posted on 29/08/2024

Weekly Singapore Stock Market Round up: Post National Day Rally

Last week, Singapore’s stock market experienced both significant gains and declines. The Straits Times Index (SGX: ^STI) ultimately closed the week 1.1% higher on Friday, but not without encountering ...

Posted on 29/08/2024

Musim Mas Signs its first Sustainability-Linked Loan with Rabobank and HSBC Bank

Priya Kini, Head of Commercial Banking, HSBC Singapore, said: "We have a longstanding relationship with Musim Mas, and we are glad to be able to further deepen our support with their first ...

Posted on 29/08/2024

Great Eastern names HSBC banker as new group CEO

Hingston joins from HSBC, where he has worked in the last 18 years ... both internal candidates in the company as well as an executive search within and outside Singapore in choosing a successor for ...

Posted on 29/08/2024

Woman scammed of over $213k; police, bank step in to save her from losing another $500k

The 75-year-old victim had fallen prey to a government official impersonation scam. Read more at straitstimes.com.

Posted on 29/08/2024

How the Fed Will Help Singapore REITs Outshine Banks

Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three homegrown banks. Last year, DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas ...

Posted on 29/08/2024

Tata Steel Bolsters Global Footprint with Major Investment in Singapore Subsidiary

Tata Steel has significantly increased its investment in its Singapore-based subsidiary, T Steel Holdings Pte Ltd, with an acquisition of 178 crore additional equity shares worth USD 280 million. This ...

Posted on 28/08/2024

Great Eastern’s group CEO Khor Hock Seng to retire in October

Great Eastern Holdings group CEO Khor Hock Seng will retire on Oct 31, according to a release dated Aug 28. He will be replaced by Greg Hingston, with effect from Nov 1.

Posted on 28/08/2024

OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case

SINGAPORE: OCBC has filed a number of claims in the High Court for more than... The post OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case appeared first on The In ...

Posted on 28/08/2024

Singapore stocks fall as investors await Nvidia results; STI declines 0.2%

SINGAPORE – A buoyant session on Wall Street overnight failed ... Local banking stocks finished lower. DBS declined 0.6 per cent to $35.68, OCBC contracted 0.5 per cent to $14.40 and UOB slid 0.5 per ...

Posted on 28/08/2024

IPOS partners with various firms to raise IP awareness in Singapore

The Intellectual Property Office of Singapore (IPOS) will partner with NTUC’s Visual, Audio, Creative Content Professionals Association (VICPA) to raise IP awareness and proficiency amongst creators ...

Posted on 28/08/2024

Woman scammed of over $213k; police, bank intervene to save her from losing another $500k

The 75-year-old victim had fallen prey to a government official impersonation scam. Read more at straitstimes.com.

Posted on 28/08/2024

Singapore joins ‘highly transparent’ real estate market ranking, surpasses Hong Kong

Australia, New Zealand, Japan and Singapore are the best four among Asia-Pacific property markets in JLL’s latest transparency survey. The UK, France and US top the list globally.

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