Siltronic said it was preparing for its next growth phase by investing in its new Singapore factory, where it plans to produce state-of-the-art 300 mm wafers from 2024. It now plans to invest 1.3 ...
Siltronic Sees Drop in Sales This Year of up to 19%, Raises Investment
(Reuters) - German silicon wafer group Siltronic expects sales to fall up to 19% this year due to weak demand from the semiconductor industry but plans to invest in expansion to prepare for a recovery ...
UOB’s second-quarter profit up 27% to $1.4 billion; dividend of 85 cents declared
UOB’s earnings were in line with the forecast made by analysts in a Refinitiv poll. Read more at straitstimes.com.
‘No regrets’: Singapore lecturer sells house to raise $150k to finance 6 students’ university fees
This Singaporean lecturer has certainly gone big by selling his retirement home to raise $150,000 so he could send six students to study in Australia. Frankie Yee, 56, first met the six international ...
Best credit card promotions in Singapore (July to August 2023): Citibank, DBS, HSBC, UOB and more
When it comes to credit card promotions these days, we're spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...
50% of young people in Singapore are actively investing: AIA survey
However, young respondents fall short in other areas of investment and financial management, according to the AIA survey. What are they?
ASEAN’s Fintech Sector Attracts US$5.7Billion; Singapore Leads
"In the surge of a $5.7 billion investment wave, Singapore cements its role as the crucial gateway in the ASEAN Fintech landscape.
Singapore investors head for property in Japan on weaker yen, Osaka casino resort bet
The World Expo, an international event held every five years, and the casino resort are expected to boost tourism. Read more at straitstimes.com.
Singapore’s UOB bank Q2 net profit rises 27pc on-year, in line with forecast
Singapore’s United Overseas Bank (UOB) reported today a 27 per cent increase in net profit in the second quarter from a year earlier that is in ...
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
UOB’s net interest income rose 31%, led by an expansion in net interest margin. Its loan-related fees and wealth management fees were softer compared to a year ago, as investor sentiments remained ...
Singapore’s UOB bank Q2 net profit rises 27% on-year, in line with forecast
SINGAPORE: Singapore's United Overseas Bank (UOB) reported on Thursday (Jul 27) a 27 per cent increase in net profit in the second quarter from a year earlier that is in line with expectations mainly ...
UOB Q2 profit up 27% to $1.4 billion; dividend of 85 cents declared
UOB’s earnings were in line with the forecast made by analysts in a Refinitiv poll. Read more at straitstimes.com.
OCBC appoints its first group chief sustainability officer
Two months after announcing its sectoral decarbonisation targets, Southeast Asia’s second-largest bank Oversea-Chinese Banking Corporation (OCBC) has created the role of group chief sustainability ...
De-risking from China will lead to a ‘more expensive world,’ warns CEO of Singapore’s $290 billion investment firm: ‘It’s an insurance policy, you pay a premium’
Pillay has served as CEO of Temasek since October 2021; he was previously head of the state-owned investor’s international division. Temasek Holdings is Singapore’s state-owned investment company and ...
Singapore-headquartered Mirxes secures US$50 mil in Series D funding; files listing application with HKEx
Singapore-headquartered Mirxes Holding Company has successfully secured US$50 million ($66.3 million) in its Series D funding round.
Singapore biotech Mirxes files for Hong Kong IPO after raising $66 million
SINGAPORE - Cancer diagnostics company Mirxes has applied to Hong Kong’s stock exchange for an initial public offering (IPO), potentially becoming the first company based outside of China and Hong ...