CEO of DBS Bank Tan Su Shan has cashed out 100,000 of her company shares for $6 million.According to a Singapore Exchange (SGX) filing on Monday (May 18), they were sold on May 15 at $60.12 per share ...
Singapore launches new hub to boost financial literacy for businesses
The Singapore Business Federation (SBF) and Enterprise Singapore (EnterpriseSG) have launched a new one-stop platform that seeks to help businesses strengthen their financial literacy and resilience.
DBS to Hire Over 500 Young Local Talent as AI Reshapes Banking
DBS will take in over 500 young local talent in Singapore this year as it builds its early-career pipeline in the AI era.
Snow City to close after 26 years, last day of operations will be Sept 30
The Science Centre said Snow City’s staff will be supported closely through this transition. Read more at straitstimes.com. Read more at straitstimes.com.
DBS vs OCBC vs UOB: Which Bank Offers the Best Value Today?
Singapore’s three major banks all offer dividends and stability, but valuation, growth, and income prospects may make one stand out more than the others today. The post DBS vs OCBC vs UOB: Which Bank ...
DBS, OCBC Shares Hit Record Intraday Highs as Expectations for Fed Cuts Fade
DBS's shares climbed as much as 1.05% to a record 61.40 Singapore dollars, equivalent to US$48.01, on Tuesday while OCBC shares gained 0.8% to briefly touch an all-time high of S$23.22. DBS and OCBC ...
UPDATE 3-OCBC sees loan growth slowing in 2025, unveils US$1.9 bln capital return
SINGAPORE, Feb 26 (Reuters) - Singapore's second-largest bank, Oversea-Chinese Banking Corp, said it expects loan growth to moderate in 2025 after posting a smaller-than-expected rise in fourth ...
DBS’s Tan Su Shan sells 100,000 shares via open market
DBS CEO Tan Su Shan disposed of the shares at $60.12 apiece on May 15. Following the disposal, Tan’s stake in DBS fell to 0.48% from 0.52% previously.
OCBC’s Lim maintains ‘hold’ on SingPost; awaits operational improvements
A turnaround towards commercial sustainability will take time and upfront investments, supported by financial discipline, and management’s ability to execute will be key' ...
GIC-Backed JustCo Seeks to Raise $78.1 Million in Singapore IPO
SINGAPORE--Workspace operator JustCo plans to raise around US$78.1 million in an initial public offering, as it looks to expand its overseas operations. The company, backed by Singapore ...
UOB to sell property interests worth $387 mil in Novena Square to SingLand and former Faber House to UOL Group
The deal values Novena Square at nearly $1.5 billion. United Overseas Bank is selling properties worth some $387 million to related parties as part of its capital reallocation mov ...
IHH, DBS sign $196 million loan for safer antibiotic use
(Corrects to say $196 million, not $194 million, in the headline to align with the currency conversion in the lead paragraph) SINGAPORE, May 15 (Reuters) - IHH Healthcare has signed a S$250 million ...
DBS, City Developments tie new loan to biodiversity goals
In a move highlighting the growing integration of biodiversity goals into mainstream corporate finance, DBS and City Developments Limited (CDL) have launched a S$300 million (US$234 million) ...
Singapore’s 2nd richest man Kwek Leng Beng’s CDL secures $234M sustainability-linked loan from DBS
City Developments, controlled by Singapore’s second-richest man Kwek Leng Beng, has secured a new S$300 million (US$234 million) multicurrency sustainability-linked loan (SLL) from lender DBS.
Stocks to watch: Keppel, SingLand, UOL, UOB, ST Engineering, SIA, Lendlease Global Commercial Reit
SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 18): Read more at The Business Times.
Singapore court grants winding up bids for three entities linked to 1MDB scandal, liquidators say
KUALA LUMPUR, May 15 (Reuters) - The Singapore High Court has granted winding up applications filed for three entities incorporated in the British Virgin Islands and linked to the multibillion-dollar ...