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Tag: finance

Posted on 16/07/2026

Singapore wants to impose net wealth taxes, but it’s ‘very easy’ for money to move away, says its finance minister

Singapore' Finance Minister Lawrence Wong pointed to the challenges of net wealth taxes which would inevitably cause money to flow away from Singapore, he told CNBC on Monday. As part of its 2022 ...

Posted on 16/07/2026

DBS targets US$775bil in wealth assets in Asia push

DBS Group Holdings Ltd is seeking to more than double its wealth management assets to about S$1 trillion (US$775bil) by 2030 as Singapore's largest lender accelerates its push across Asian markets.

Posted on 16/07/2026

Insurance Awards 2026: Singlife, HSBC Life, Etiqa General come out on top

Firms successfully balance macroeconomic pressures with AI, digital transformation to deliver personalized protection ...

Posted on 15/07/2026

CapitaLand sells Singapore data center for $155.2m

CapitaLand Ascendas REIT (CLAR) has sold a data center in Singapore. The company this week announced it is divesting the Kim Chuan Telecommunications Complex at 38 Kim Chuan Road in Singapore, for a ...

Posted on 15/07/2026

More Singapore investors rely on AI advice compared to the rest of the world

A HSBC survey found that local investors use artificial intelligence in the financial sector at a higher rate than the global average, with over 70% of surveyed investors using AI in their ...

Posted on 15/07/2026

Blackstone-backed AirTrunk eyes September, October launch for $1.5 billion Singapore REIT IPO, sources say

By Yantoultra Ngui SINGAPORE, July 15 (Reuters) - Blackstone-backed AirTrunk is targeting a September or October launch for an initial public offering of a Singapore real estate investment trust (REIT ...

Posted on 15/07/2026

Singapore SMEs increasingly ‘immune to uncertainty’ after years of volatility: OCBC executive

SINGAPORE] Small and medium enterprises (SMEs) in Singapore have increasingly built a tolerance against volatility, after experiencing multiple years of uncertainty in recent times. They are now more ...

Posted on 15/07/2026

Singapore’s DBS bets on Asia’s wealth boom with S$1T AUM goal by 2030

Singapore's DBS Group (DBSDF) aims to grow assets under management in its wealth business to more than S$1T ($774B) by 2030, driven by Asia's expanding wealth market. The target represents an increase ...

Posted on 15/07/2026

StanChart Adds BlackRock Tools to Help Advisors Assess Client Portfolio Risks

Standard Chartered will integrate BlackRock Aladdin Wealth into myWealth Advisor to strengthen portfolio analysis and risk insights.

Posted on 15/07/2026

DBS crowned Southeast Asia’s most valuable brand in Kantar BrandZ 2026 ranking

Shopee, Lazada and POSB rank amongst the fastest-growing brands SINGAPORE, July 15, 2026 /PRNewswire/ -- Kantar, the world's leading data, analytics and AI business, today unveiled the third edition ...

Posted on 15/07/2026

REITs lift Singapore IPO proceeds to $1.12b

Five listings captured 28% of Southeast Asia’s IPO funds in the first half. Singapore's IPO market maintained its momentum in the first half of 2026, raising $1.12b (US$868m) ac ...

Posted on 15/07/2026

Singapore’s DBS targets over $774 billion in wealth assets by 2030

By Rae Wee and Yantoultra Ngui SINGAPORE, July 15 (Reuters) - DBS Group aims to grow assets under management in its wealth business to more than S$1 trillion ($774 billion) by 2030, its unit's head ...

Posted on 15/07/2026

Singapore’s biggest lender DBS reaches new market milestone, surpassing $155B

Singapore’s biggest lender DBS ‌Group saw its market value close above SGD200 billion (US$154.8 billion) on Monday for the first time, a milestone for both ⁠Singapore's biggest bank by asset size and ...

Posted on 15/07/2026

Best bank offers in Singapore (July 2026): Win SQ First Class tickets to Japan, $1,000 cash, and more

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don't end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 15/07/2026

DBS initiates coverage on JustCo with ‘Buy’, S$1.06 target price

DBS says the regional co-working player is at an inflection point as demand for hybrid working rises Read more at The Business Times.

Posted on 14/07/2026

Singapore’s Strong 1H Economic Performance Spurs Rosier Forecasts

Singapore's stronger-than-expected economic growth in the first half of the year has prompted several upward revisions to annual forecasts, despite continued caution about geopolitical risks.

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