For the FY2023, the OCBC team is expecting Seatrium to report a patmi loss of $15.0 million. It is, however, expecting the group to turnaround to profitability with a patmi estimate of $127 million in ...
DBS: S-REITs will continue to be net outperformers in 2024
SINGAPORE: Singapore Real Estate Investment Trusts (S-REITs) marked a robust end to 2023, witnessing a... The post DBS: S-REITs will continue to be net outperformers in 2024 appeared first on The Inde ...
DBS lifts Bumitama Agri’s FY2023 earnings after 9MFY2023 earnings surpass expectations
In FY2023 ended Dec 31, 2023, the analyst forecasts an average selling price (ASP) of IDR10,584 (91 cents) per kg and earnings of IDR1.6 trillion, which is down by 43% y-o-y but 38% higher than his ...
Singapore Increases Goods and Services Tax for 2024
Singapore has increased its goods and services tax (GST) rate by one percent to nine percent as of January 1, 2024.
‘Green is not enough’: UOB chief sustainability officer on mainstreaming transition finance
While transition finance is becoming more well-accepted in Asia, UOB's Eric Lim says that clear sectoral and national regulatory guidance are needed to help companies publish high-quality ...
UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred
UOB Kay Hian analyst Jonathan Koh has kept his “overweight” rating on Singapore REITs (S-REITs) after interest rates seem to have peaked. The US Federal Reserve has paused its rate hikes for the third ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (9 January 2024)
The latest six-month Treasury Bills (T-bills) to be issued on 9 January 2024 had a cut-off yield of 3.74 per cent per annum, and the cut-off price was 98.135. With a S$12.8 billion applied amount, the ...
Lazada axes Singapore staff amid speculation of upcoming IPO
SINGAPORE - Regional e-commerce company Lazada on Jan 3 laid off an undisclosed number of its Singapore staff. In response to queries from The Straits Times, a Lazada spokesman said: “We are making ...
Singapore shares fall for third straight day; STI down 0.8%
SINGAPORE shares fell for the third consecutive day on Thursday (Jan 4), tracking a broader decline across the region. Read more at The Business Times.
Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024
Luckily, the Singapore stock market is not short of companies that dish out a dividend. Here are four that look well-positioned to increase their payout this year. DBS needs no introduction, being ...
Best Fixed Deposit Rates in Singapore (Jan 2024)—Rates Up To 3.8%, Minimum Deposits From $500
Also, DBS is a poor option for investing larger sums ... 6 months 2.25% p.a. 12 months 2.45% p.a. 24 months or 36 months 2.85% p.a. The one advantage SBI Singapore board fixed deposit rates have is ...
Standard Chartered sees ringgit outperforming ‘on relative basis’ in 2024
The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered ...
Singapore’s S$500 CDC vouchers 2024: Who is eligible, how to claim, and more
Each Singaporean household can claim S$500 in CDC Vouchers 2024. Of this, $250 can be spent at participating heartland merchants and hawkers, and the other S$250 can be spent at participating ...
Here’s Why SGX-Listed OCBC is UOB’s Top Banking Pick for 2024
SGX-listed Oversea-Chinese Banking Corp. Ltd. (SG:O39), or OCBC, has won the accolade of UOB Kay Hian analyst Jonathan Koh as the top banking pick ...
S-REITs will be net outperformers in 2024; retail S-REITs preferred: DBS
In the near term, however, S-REITs are approaching “overbought” territory as seen in the combined 15% rise in the S-REITs index.
OCBC INFINITY Cashback Card—The Best Unlimited Cashback Card in Singapore? MoneySmart Review (2024)
The OCBC INIFINITY Cashback Card is the newest unlimited cashback card in town. We compare it with the UOB Absolute Cashback Card, Citi Cash Back+ and more.