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Tag: finance

Posted on 17/08/2024

Best credit card promotions in Singapore (Aug to Sept 2024): Citibank, DBS, HSBC and More

This August, sign up for a credit card and you could walk away with a brand‑new all‑electric Mercedes-Benz EQB, a Cartier Santos-Dumont Watch — Large Model, Blue (worth $6,000), an Apple 11-inch iPad ...

Posted on 17/08/2024

Top Stock Market Highlights of the Week: StarHub, Genting Singapore and Singapore Technologies Engineering

Welcome to this week’s edition of top stock market highlights. StarHub released its earnings ... while looking to diversify its customer base and regional presence. Genting Singapore also released its 1H 2024 earnings and delivered a strong set of ...

Posted on 17/08/2024

The Week Ahead: Trade and inflation data, EPB’s IPO debut in focus

This article first appeared in The Edge Malaysia Weekly on August 19, 2024 - August 25, 2024Malaysia kicks things off on Monday with the release of July’s external trade numbers, where UOB Global ...

Posted on 17/08/2024

COSCO SHIPPING International (Singapore) First Half 2024 Earnings: EPS: S$0.001 (vs S$0.001 in 1H 2023)

Net income: S$2.28m (up 16% from 1H 2023). Profit margin: 2.8% (up from 2.2% in 1H 2023). The increase in margin was driven by lower expenses. COSCO SHIPPING International (Singapore) shares are up ...

Posted on 17/08/2024

Q & M Dental Group (Singapore) First Half 2024 Earnings: EPS: S$0.01 (vs S$0.006 in 1H 2023)

Performance of the market in Singapore. The company's shares are up 1.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign ...

Posted on 17/08/2024

Number of loans to female entrepreneurs rises over 30% after launch of SME programme in April: OCBC

MORE female-owned businesses in Singapore took loans from OCBC, following the launch of a programme aimed at accelerating the growth of women-led small and medium-sized enterprises (SMEs) in April.

Posted on 17/08/2024

Former bank employees in Singapore charged in money laundering scheme

Two former bank relationship managers are facing multiple charges for their involvement with a billion-dollar money laundering operation that converted dirty money into assets held in Singapore, ...

Posted on 17/08/2024

Singapore jails businessman who tried to buy Newcastle United in 2020

Loh made headlines in 2020 for an attempt to buy Newcastle United but left Singapore weeks later amid allegations of accounting irregularities.

Posted on 16/08/2024

StanChart unveils account linking clients’ rates to their ESG performance

The corporate banking product will be piloted in the bank’s Hong Kong and Singapore markets before a further rollout “in due course.” ...

Posted on 16/08/2024

Nelson Loh jailed 15 years, 9 months for forgery, cheating, money laundering

In a statement on Friday (Aug 16), the Singapore Police Force said that Loh was convicted ... BT had previously reported these banks as Maybank, Standard Chartered Bank, Citibank, DBS, UOB and HSBC.

Posted on 16/08/2024

Singaporean linked to Newcastle United takeover bid, jailed 15 years and nine months

He faced a total of 60 charges, including over cheating, forgery and money laundering. Read more at straitstimes.com.

Posted on 16/08/2024

Sea returns to black in 2QFY2024, OCBC keeps ‘buy’ at raised FV of US$90

While Sea returned to the black in its 2QFY2024, OCBC's Lim notes that its EPS of 14 US cents came in below estimates.

Posted on 16/08/2024

Max Maeder and DBS CEO Piyush Gupta banter over Olympic Village muffins, role models and exercise routines

After his historic performance at the Marseille Marina, Olympic Bronze medalist Maximilian 'Max' Maeder returned to Singapore to much fanfare. From the moment he landed at Changi Airport to the ...

Posted on 16/08/2024

Singapore Lifestyle Firm Seeks $50 Million Private Loan for Luxury Indonesian Resort

Singapore-based lifestyle and hospitality investment company Rascal Ventures Pte. is seeking around $50 million of private credit to expedite the completion and opening of its luxury resort in ...

Posted on 16/08/2024

Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says

UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.

Posted on 16/08/2024

StarHub finance chief Dennis Chia resigns, GoTo’s Jacky Lo to take over

Dennis Chia has resigned from his position just over nine years into the role, citing “personal reasons”. Read more at straitstimes.com.

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