The offer price represents a 37% premium over its last closing price of $18.70 on May 9. Read more at straitstimes.com.
OCBC posts record Q1 profit, makes $1 bln bid to take Great Eastern private
Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and made a S$1.4 billion ($1.04 billion) offer to take its ...
UPDATE 1-Singapore bank OCBC first-quarter net profit rises 5% to record, beats forecasts
Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% rise in net profit to a record high in the first quarter from a year earlier, driven by stronger operating ...
Singapore bank OCBC first-quarter net profit rises 5% on-year
Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% rise in net profit in the first quarter from a year earlier, driven by stronger operating profit.
The Latest on Southeast Asia: U.S. Tech Investments in ASEAN
U.S. tech giants are keenly aware of Southeast Asia’s strategic importance and are strengthening their regional presence with huge investment pledges from Apple, Microsoft, and Amazon in recent weeks.
Details confirmed for upcoming Fintech Summit in Singapore
The People Events has revealed the details of its much-anticipated Annual FinTech Summit 2025, which will take place from February 4th to February 6th, 2025 in Singapore.
SCB unveils SCB Total Payment
Regarding this new initiative, SCB First Executive Vice President, Head of Digital Juristic & Payment Mr. Thanawatn Kittisuwan recently said, "The Thai economy in 2024 is likely to expand at a higher ...
The evolution of UOB’s CFO
Change, wrought by new regulations, disruptive tech, financial crises and new challenges, is the only constant for UOB CFO Lee ...
DBS named most valuable Singapore brand for the 11th year in a row
SINGAPORE: Singapore’s largest bank, DBS, has been named the most valuable Singaporean brand for the 11th consecutive year. The financial institution’s brand value rose by 5% to reach US$11 billion, ...
UK and Singapore Discuss Green Finance Gaps, Digital Asset Regulation
UK and Singapore had convened for the 9th UK-Singapore Financial Dialogue to deepen their cooperation in sustainable finance and fintech.
Frasers Hospitality Trust H1 DPS falls 13.7% on higher finance costs
SINGAPORE - Frasers Hospitality Trust (FHT) recorded a 13.7 per cent fall in distribution per stapled security (DPS) to 1.091 cents for its first half year ended March 31, from 1.2649 cents in the ...
Cambodian, Chinese deported from Singapore in historic money laundering
Two Cambodian and Chinese nationals were deported from Singapore after being convicted of laundering over S$3 billion (US$2.2 billion) in Singapore's largest-ever money laundering case.
Amazon to invest $9 billion in Singapore
Amazon said Tuesday it would invest U.S.$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city. The announcement comes after fellow tech titan ...
OCBC-GE: We aim to continue to drive synergy and collaboration
The close collaboration between OCBC and GEH has consistently positioned us among the top two in bancassurance sales in Singapore over the years. GEH has the biggest agency force in Singapore and ...
Singapore has to be realistic on global trends plaguing its stock market: DPM Wong
SINGAPORE needs to be realistic about the global trends affecting the city-state’s equities market, and the actions that can be taken to change them, said Deputy Prime Minister Lawrence Wong on ...
DBS CEO Piyush Gupta sells bank shares worth S$2.7M
SINGAPORE: DBS CEO Piyush Gupta sold bank shares worth S$2.7 million. According to a filing with the Singapore Exchange on May 7, Mr Gupta recently sold 75,000 bank shares, gaining him S$2.7 million.