OCBC’s analysts say they were “left disappointed” with FLCT as it has not made any data centre acquisitions and did not penetrate the Japanese market since its CEO took over in August 2023.
OCBC Investment Research increases Seatrium’s target price to $2.82 after share price surge
OCBC Investment Research (OIR) analyst Ada Lim has increased her fair value estimate on Seatrium to $2.82 from $2.64 previously after shares in the offshore and marine (O&M) company surged by 10.87% ...
Singapore businesses call for Budget support to tackle inflation and boost digital adoption
The survey revealed that 50% of businesses are anticipating Budget measures to help them navigate the challenges posed by high inflation and facilitate their adoption of digital technologies. This ...
Singaporean’s address changed illegally by scammers, triggering banking issues and investigation
Raymond Tan, a Singaporean man in his forties, has been dealing with a string of issues after discovering that his home address was altered without ...
Singapore’s PM Wong likely to ramp up spending going into election year
Wong, who is also finance minister, is expected to focus on bringing down living costs and boosting social aid when he delivers a budget speech later today ...
Singaporean’s home address illegally changed by scammers via ICA service, triggering banking nightmare
Raymond Tan discovered that his home address had been changed without his knowledge. His Singpass account was then frozen, disrupting his access to essential government services.
Singapore Is Poised to Ramp Up Spending Going Into Election Year
Singapore is likely to boost spending in Lawrence Wong’s first budget as prime minister, offering more handouts to households and businesses ahead of election at a time of heightened global ...
Resilient banking earnings, better IPO process could bolster S’pore’s STI in 2025: Analysts
Much is riding on the banks, which are widely expected to post record full-year earnings. Read more at straitstimes.com.
Singapore Banks Prevent S$53.9M in Fraud with New Anti-Scam Law
The Singapore Anti-Scam Law, enacted on January 7, 2025, provides authorities with the power to take control of bank accounts as a last-resort measure in combating financial fraud. The legislation ...
Straits Millennium, EBANX get in-principle nod for MPI licence in Singapore
The Monetary Authority of Singapore (MAS) has issued in-principle approval to fintech firms EBANX and Straits Millennium for a major payment institution (MPI) Licence under the Payment Services Act ...
S’pore firms prioritise sustainability and employee welfare amidst rising costs: UOB
Besides rising costs, limited awareness and resources hinder firm progress. Businesses are prioritizing the implementation of sustainable initiatives that enhance energy efficiency and employee ...
Marina Bay Sands gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such ...
Singapore, Japan To Remain Property Hot Spots As Global Investors Diversify: JLL CEO
The real estate markets of Australia, Japan, Korea and Singapore will remain hot spots in the next few years as global investors seek to diversify their portfolios with demand for real estate in China ...
Singapore’s subdued IPO scene set for a rebound in 2025: analysts
SINGAPORE’s initial public offering (IPO) scene is set to liven up this year, with analyst forecasts falling anywhere between four and 10 listings on the local bourse. Read more at The Business Times.
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such ...
Tax incentives may be used to help revive market
SINGAPORE: A Singapore government-led review group is proposing incentives to revitalise the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.