According to the UOB Business Outlook Study this year, small- and medium-sized enterprises (SMEs) and large enterprises in Southeast Asian and Greater China regions are turning their attention towards ...
Singapore shares opened higher on Wednesday—STI climbed 0.4%
SINGAPORE: Singapore shares opened higher on Wednesday morning, following the global trend of market upticks... The post Singapore shares opened higher on Wednesday—STI climbed 0.4% appeared first on ...
Singapore Stock Market Tipped To Open To The Upside
The Singapore stock market has moved higher in consecutive trading days, advancing almost 100 points or 3 percent in that span. The ...
Daily Cuts – Inflation in Singapore eases, but do we feel at ease too?
Inflation in Singapore is on a downtrend, declining more than expected. How and when will this translate to us, consumers? Or is it too soon to rejoice? Alvin Liew, Senior Economist, Group Finance & C ...
Funding Societies enters strategic partnership with SGeBIZ to bring embedded finance solutions for SMEs in Singapore
The partnership will allow the over two thousand businesses, who are using the EzyProcure platform – comprising mainly SMEs from food and beverage businesses and their suppliers using the platform – ...
Standard Chartered joins forces with Visa to enhance cross-border payments
In addition to participating in the Visa B2B Connect multilateral payment network, the Bank also joins as a new settlement partner Singapore – Standard Chartered today announced that it has joined ...
DBS recommends investors to stay ‘nimble’ amid uncertain macro uncertainties
At the banks’ current share price levels, the analysts believe that their valuations of 1.0 to 1.4 times forwards FY2024 P/BV are relatively “undemanding”, with asset quality remaining intact and ...
ComfortDelGro secures $73.47m loan from DBS to decarbonise UK fleet
C omfortDelGro, a Singapore-based transport operator, has secured a S$100m ($73.47m) green loan from DBS to decarbonise its UK bus fleet. The funds have been utilised to purchase 135 electric buses ...
SCB Julius Baer introduces new CEO
SCB Julius Baer, the strategic wealth management joint venture formed by Siam Commercial Bank and Julius Baer, has named a new CEO.
Singapore core inflation cools more than expected to 3.1% in March
Both core and overall inflation dipped from the previous month and came in well below analyst forecasts. Read more at straitstimes.com.
VCI Global Completes YY Group Holding Limited’s IPO on Nasdaq, Securing Another Key Milestone in Its Growth Plan
This IPO represents a significant milestone for VCI Global, generating approximately $5.2 million in revenue and underscoring VCI Global’s revenue and profit growth in the IPO consulting sector, ...
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
THE vast majority – almost 80 per cent – of companies in South-east Asia and Greater China are positive about the current business environment, with a quarter of them expecting their business ...
Funds raised by Singapore’s early-stage emerging tech start-ups up 59% in 2023
SINGAPORE - Singapore’s early-stage emerging technology start-ups raised US$402 million (S$548 million) in funding in 2023, up 59 per cent from the US$253 million raised in 2022, said national ...
Analysts remain positive on CICT; Maybank and OCBC lower TPs
Maybank Securities analyst Krishna Guha still likes the REIT for its Singapore-centric “resilient earnings profile”, strong credit and estimated yield of 5.9% for the FY2024. He is also positive on ...
DBS upgrades UOB to ‘buy’ from ‘hold’, along with higher target price of $34.50
We believe there is further earnings upside and the share price will be well supported by its strong provisions buffer of 101%' ...
UOB Kay Hian raises ComfortDelGro target price to $1.72
Despite the recent strong share price performance, we opine that there is still upside at current price levels' ...