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Tag: finance

Posted on 10/02/2025

Daily Cuts – Budget 2025: Expectations and wishlists for Singapore, from Singaporeans

Budget 2025 is set to be unveiled in parliament on 18 February by Finance Minister Lawrence Wong – his first as Prime Minister.  On Asia First, Hairianto Diman and Elakeyaa Selvaraji get the ...

Posted on 10/02/2025

Singapore shares rise, with DBS driving gains; STI up 0.4%

On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, which climbed 1 .6 per cent, or 70 cents, to $45.38 on a cum dividend basis.

Posted on 10/02/2025

OCBC Investment Research raises DBS’s TP to $50 after FY2024 record profit

Lee’s new target price still gives DBS an attractive dividend yield estimate of 6%, assuming a total dividend payout of $3 in FY2025.

Posted on 10/02/2025

Netizens voice concerns over e-payments in school affecting kids’ financial awareness and money skills

Singapore schools are adopting e-payments, but netizens worry children will struggle with cash transactions. Critics argue that relying on digital payments may weaken financial literacy, making kids ...

Posted on 10/02/2025

U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore’s biggest bank: DBS CEO Piyush Gupta

Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.

Posted on 10/02/2025

Sustainability concerns will shape Singapore’s priorities in attracting investments: EDB chairman

THE Republic’s priorities in attracting investments are being reshaped by the city-state’s sustainability commitments, said Singapore Economic Development Board (EDB) chairman Png Cheong Boon in a ...

Posted on 10/02/2025

Singapore’s STI breaks through to a new record as banks hit fresh highs

Singapore’s benchmark index the Straits Times Index has broken through to a new record high on Monday (Feb 10). Read more at The Business Times.

Posted on 10/02/2025

Singapore Stock Market Tipped To Open To The Downside On Monday

The Singapore stock market has moved higher in two straight sessions, collecting more than 45 points or 1.3 percent along the way.

Posted on 10/02/2025

Singapore’s DBS surges to record on higher margins, capital return plans

By Yantoultra Ngui and Roushni Nair SINGAPORE (Reuters) -Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a ...

Posted on 10/02/2025

S&P 500’s service focused composition cushions tariff blow, but a 4-5% drop still looms: Citibank

Citibank Singapore's Audrey Ho explains how Trump's tax policy could counter tariff risks—but not without challenges, including delayed effects and congressional hurdles.

Posted on 10/02/2025

Singapore’s DBS flags higher margins, plans capital return

Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday as it posted a 10% rise in fourth-quarter net ...

Posted on 10/02/2025

Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast

DBS Group, Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock ...

Posted on 10/02/2025

Piyush Gupta delivers yet another record full year profit in his final report card for DBS

DBS plans to increase its final dividend to 60 cents per share - up from 54 cents paid in the preceding three quarters ...

Posted on 09/02/2025

‘Reliable and politically stable’: Taiwan’s investments in Singapore surpass those in China

The Republic is seen as an ideal gateway to the rest of South-east Asia, as Taiwan diversifies away from China. Read more at straitstimes.com.

Posted on 08/02/2025

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

This February, sign up for a credit card and you could walk away with an all-new Porsche Taycan or a trip for two to the Star Wars Celebration in Japan! Not to mention welcome gifts like 5,040 ...

Posted on 08/02/2025

Singapore assets to drive LREIT’s FY2025 DPU: DBS

DBS expects strong rental reversions from LREIT’s Singapore properties. DBS forecasts that Singapore assets will continue to be the key driver of distribution per unit (DPU) for LendLease Global ...

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