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Tag: finance

Posted on 17/12/2024

China approves Singapore’s Perennial as first foreign company to wholly own tertiary hospital

BEIJING: Singapore property and healthcare player Perennial Holdings has become the first foreign company to be granted a licence by the Chinese authorities to wholly own and run a tertiary hospital ...

Posted on 17/12/2024

Singapore targets 1.2 million Indian tourists in 2025; no visa-free entry

In an interview with Business Standard, Markus Tan and Renjie Wong of Singapore Tourism Board discussed the surge in Indian tourists, future attractions, sustainability efforts, and travel trends ...

Posted on 17/12/2024

4 Singapore Blue-Chip Stocks with Dividend Yields Higher Than Your CPF Ordinary Account

We feature four promising blue-chip stocks that provide you with a better dividend yield than your CPF account. The post 4 Singapore Blue-Chip Stocks with Dividend Yields Higher Than Your CPF Ordinary ...

Posted on 17/12/2024

Shein weighs sale of less than 10% of company in London IPO, sources say

Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with ...

Posted on 16/12/2024

Saudi Port Operator Said to Pick Banks for Up to $1 Billion IPO

State-backed Saudi Global Ports Co. has picked banks including Goldman Sachs Group Inc. and HSBC Holdings Plc to help arrange a planned Riyadh initial public offering, according to people familiar ...

Posted on 16/12/2024

Mapletree Logistics Trust proposes to sell Singapore warehouse for S$12.3 million

THE trustee of Mapletree Logistics Trust (MLT) is proposing to sell a warehouse and office building at 1 Genting Lane in Singapore for S$12.3 million. Read more at The Business Times.

Posted on 16/12/2024

If You Invested S$20,000 in OCBC 10 Years Ago, Here’s How Much You Would Have Received in Dividends

Singapore’s second-largest bank has been a dependable dividend payer all these years, but can it start paying out even more? The post If You Invested S$20,000 in OCBC 10 Years Ago, Here’s How Much You ...

Posted on 16/12/2024

Will Thailand dethrone Singapore as global investment hub in 2025?

BANGKOK: Thailand will introduce the OECD’s Global Minimum Tax of 15% for multinational corporations from Jan 1 next year.

Posted on 16/12/2024

GenAI is a ‘game changer’ for DBS, says chief data officer

“In the past, banking has been fairly complicated,” he explains. “GenAI is going to be a ‘game changer’, as it gives us the opportunity to uncomplicate some of that stuff and interact with our ...

Posted on 16/12/2024

Share buyback and dividend yield to support DBS shares despite lower NIM ahead, says OCBC

DBS Group Holdings has guided for a "slight decline" in net interest income but Carmen Lee of OCBC Investment Research has kept her "hold" call on DBS Group Holdings, with a view that the bank's $3 ...

Posted on 16/12/2024

DBS keeps ‘buy’ and $3.85 target price on CapitaLand Investment following A$200 million Wingate deal

DBS Group Research has kept its "buy" call and $3.85 on CapitaLand Investment after it announced the A$200 million ($173 million) acquisition of the property and credit investment business of Wingate ...

Posted on 16/12/2024

DBS names CapitaLand Integrated Commercial Trust and Frasers Centrepoint Trust as top retail REITs going into 2025

Singapore’s retail scene has “beaten all odds” since the pandemic and in 2024, they say. Suburban retail sales stayed resilient above 15% to 20% even though there was lower traffic to malls, while ...

Posted on 16/12/2024

iFAST Singapore launches China desk to meet Chinese investor needs

FAST Singapore has launched a China Desk to meet the offshore wealth allocation needs of Chinese clients both within and outside China.

Posted on 16/12/2024

What does a bank’s ‘kill switch’ kill? It became a point of contention after a victim lost money

SINGAPORE: In October, a customer called a bank to freeze all his cards and savings, only to discover later that not all fund transfers were disabled.

Posted on 16/12/2024

IFC Sees Singapore Commitments Remaining Near Record $2 Billion

International Finance Corp. sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.

Posted on 16/12/2024

Singapore stocks slightly rose as trading began on Monday—STI edged up 0.1%

Genting Singapore led in trading volume, rising 0.7%, or S$0.005, to S$0.775, with nearly 3.4 million shares exchanged. Singtel also saw significant trading activity, but its share price fell 0.6%, or ...

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