CUSTOMER deposits at Trust Bank more than doubled to S$3 billion in the first half of 2024, from S$1.2 billion in the same period last year. Read more at The Business Times.
UOB works with Invest Johor to drive FDI
In an effort to promote investment prospects into the future, Johor-Singapore Special Economic Zone (SEZ), UOB, and Invest Johor, the Malaysian state's investment agency, have signed a Memorandum of ...
Tata is said to shelve media unit IPO after buying out Temasek
The Indian conglomerate has opted to keep Tata Play Ltd as a closely held company for longer as it seeks to expand the business ahead of any potential listing in the future, the people said, asking ...
How the US Federal Reserve will help Singapore REITs outshine banks
Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three homegrown banks. Last year, DBS Group Holdings Ltd, Oversea-Chinese Banking Corp and United Overseas ...
Singapore sees Asean as bright spot in a troubled world, says DPM Gan
DPM Gan told the Asean Conference 2024 that the world has become a more difficult place for investors amid United States-China trade disputes, wars in Ukraine and the Middle East, tensions in the ...
SBF partners UOB, Rajah & Tann and RSM to help Singapore companies expand into ASEAN through business missions
4. In a significant development, a Memorandum of Understanding (MOU) was signed during the conference between SBF, UOB, Rajah & Tann and RSM Singapore. The MOU aims to support Singapore companies in ...
DBS lowers TP for Hutchison Port Holdings Trust; volume growth expected to be affected by higher tax rate
Analysts Maggie Wang and Paul Yong have lowered their earnings estimates and DPU forecasts for the port operator to 13 HK cents.
Weekly Singapore Stock Market Round up: Post National Day Rally
Last week, Singapore’s stock market experienced both significant gains and declines. The Straits Times Index (SGX: ^STI) ultimately closed the week 1.1% higher on Friday, but not without encountering ...
Musim Mas Signs its first Sustainability-Linked Loan with Rabobank and HSBC Bank
Priya Kini, Head of Commercial Banking, HSBC Singapore, said: "We have a longstanding relationship with Musim Mas, and we are glad to be able to further deepen our support with their first ...
Great Eastern names HSBC banker as new group CEO
Hingston joins from HSBC, where he has worked in the last 18 years ... both internal candidates in the company as well as an executive search within and outside Singapore in choosing a successor for ...
Woman scammed of over $213k; police, bank step in to save her from losing another $500k
The 75-year-old victim had fallen prey to a government official impersonation scam. Read more at straitstimes.com.
How the Fed Will Help Singapore REITs Outshine Banks
Higher-for-longer global interest rates pumped up the profitability of loans at Singapore’s three homegrown banks. Last year, DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas ...
Tata Steel Bolsters Global Footprint with Major Investment in Singapore Subsidiary
Tata Steel has significantly increased its investment in its Singapore-based subsidiary, T Steel Holdings Pte Ltd, with an acquisition of 178 crore additional equity shares worth USD 280 million. This ...
Great Eastern’s group CEO Khor Hock Seng to retire in October
Great Eastern Holdings group CEO Khor Hock Seng will retire on Oct 31, according to a release dated Aug 28. He will be replaced by Greg Hingston, with effect from Nov 1.
OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case
SINGAPORE: OCBC has filed a number of claims in the High Court for more than... The post OCBC files claim in High Court to recover S$6M connected to S$3B money laundering case appeared first on The In ...
Singapore stocks fall as investors await Nvidia results; STI declines 0.2%
SINGAPORE – A buoyant session on Wall Street overnight failed ... Local banking stocks finished lower. DBS declined 0.6 per cent to $35.68, OCBC contracted 0.5 per cent to $14.40 and UOB slid 0.5 per ...