The merger, which was announced on November 29, 2022, and is expected to be finalised by November 11, 2024, will give Singapore Airlines a 25.1 percent stake in the expanded Air India.
Singapore Airlines to Invest Additional Rs 3,195 Crore in Air India Post-Vistara Merger
Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be ...
Singapore’s DBS eyes Malaysian bank stakes in expansion push, sources say; Alliance Bank and Kuwait Finance main targets
The Republic’s biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its South-east Asian neighbour, including in one of Malaysia’s smallest banks ...
DBS eyes Malaysian bank stakes in expansion push, sources say
SINGAPORE – The Republic’s biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its South-east Asian neighbour, including in one of Malaysia’s ...
OCBC says 2024 targets on track after Q3 profit beats forecast with 9% rise to $1.97 billion
SINGAPORE – OCBC said it was firmly placed to achieve its 2024 targets after posting a 9 per cent rise in third-quarter net profit that beat market expectations. Southeast-Asia’s second-largest lender ...
Singapore’s banks flag better loan growth in 2025 as rates drop
OCBC's Wong said uncertain geopolitical conditions could potentially create market volatilities. OCBC, Singapore's second-biggest bank after DBS Group (DBSM.SI), opens new tab, said July-September net ...
Best credit card promotions in Singapore (November 2024): Citibank, DBS, HSBC, UOB, and more
Banks offering credit cards in Singapore are competing so hard for new customers that ... cash rebate $180 spend on fuel per month for 2 consecutive months 31 Dec 2024 POSB Everyday Card $150 cashback ...
Exclusive-Singapore’s DBS Eyes Malaysian Bank Stakes in Expansion Push, Sources Say
SINGAPORE (Reuters) - Singapore's biggest lender DBS Group Holdings Ltd is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including ...
Niva Bupa Health Insurance IPO Subscribed 1.17 Times So Far On Day Two, Check GMP
The initial public offering of Niva Bupa Health Insurance Co. has been subscribed 1.17 times, as of 5:00 p.m. on the second day of bidding. The issue was subscribed 0.65 times on the first day on ...
DBS Bank buys entire 75th floor in The Center, extending foray into Hong Kong property market
DBS Group Holdings, Singapore’s biggest lender, is taking advantage of a property slump to expand its business in Hong Kong by picking more office space in what used to be the world’s most expensive ...
Singapore police, banks prevent losses of more than S$53mil to scams in September and October
SINGAPORE: A collaboration between the police and five banks thwarted over 1,338 scams in progress between Sept 1 and Oct 31, preventing potential victims from losing more than S$53 million in all.
Singapore’s OCBC says 2024 targets on track after Q3 profit beats expectations
SINGAPORE: Singapore's Oversea-Chinese Banking Corp (OCBC) said it was firmly placed to achieve its 2024 targets after posting on Friday (Nov 8) a 9 per cent rise in third-quarter net profit that beat ...
DBS Foundation marks 10 years with a mission to reshape conversation around ageing
A new $1 billion commitment over the next decade will give it more leeway to tackle macro social issues. Read more at straitstimes.com.
Attika Group closes debut trading day at S$0.235, 6.8% above IPO price
SHARES of Attika Group closed at its peak of S$0.235 on the counter’s first day of trading, 6.8 per cent above its S$0.22 initial public offering (IPO) price. Read more at The Business Times.
Billionaire Wee Family’s UOB Jumps To Record As Singapore Bank Mulls Share Buyback
Shares of Singapore-based United Overseas Bank surged to a record high after its billionaire CEO Wee Ee Cheong as the lender considers returning excess capital to shareholders on the back of robust ...
Donald Trump Is US President (Again). Here Are 5 Things That Singapore Investors Should Take Note Of
With Donald Trump winning the 2024 US Election, the financial market is pricing in the effect his policy will have on assets like stocks ...