Goh Chye Guan, in an open letter, recounts his shocking experience with OCBC Bank where he discovered that he was no longer the signatory of his company bank account. Despite repeated attempts to seek ...
DBS maintains ‘buy’ rating for CLINT, whose project pipeline shows ‘insatiable’ growth potential
DBS Group Research analysts Derek Tan and Dale Lai have maintained their “buy” ratings for CapitaLand India Trust (CLINT) with a lower target price of $1.45, down from $1.50 previously, citing its ...
DBS, Singtel and The Hour Glass top as SG’s strongest brands in new report
Over half of Singapore's most valuable brands are seeing double-digit percentage growth in their brand values as they settle into a post-pandemic economy. Three of such brands include DBS, Singtel, ...
How SGFinDex Drives Digital Transformation in Singapore’s Financial Sector
Discover how SGFinDex empowers consumers with a consolidated view of their finances, driving financial well-being in Singapore.
Singapore proptech Simmple downsizes proposed IPO to $7M
Singapore-based proptech Simmple (SPPL) has downsized its proposed US initial public offering to $7M from $9M. Simmple said in an SEC filing that it is now looking to offer 1.6M shares priced between ...
Asian e-tailer WeBuy upsizes proposed US IPO to $11M
Southeast Asian e-tailer WeBuy (WBUY) has updated terms for a proposed $11M US initial public offering. WeBuy said in a filing that it is now planning to offer 2.63M shares priced at $4 per share, ...
Scam target’s phone compromised after he downloaded fake ScamShield app
Police warn against downloading suspicious apps as they may contain phishing malware. Read more at straitstimes.com.
Big part of Singapore Airlines load factor comes from premium leisure travelers: DBS Group Research
Jason Sum of DBS Group Research says the return of corporate travelers, on the other hand, has been "fairly sluggish." ...
Phone compromised after scam target told to download fake ScamShield app
Responding to an advertisement selling multiple flavours of otah on Facebook, a man was told by the seller to download an app to place a deposit. He keyed in his bank details but later realised that ...
HSBC targets Asia returns in ‘mid-teens’ amid Ping An pressure
HSBC Holdings said it is targeting return on tangible equity for its Asia business that’s in the “mid-teens”, amid pressure from its top shareholder to improve returns. Read more at The Business Times ...
Singapore has the highest stamp duty rates for foreign residential property buyers
According to a study by Savills, Singapore ranks highest in the world for total stamp duty rates for a foreigner looking to buy a residential property, clocking in at about 64 per cent* of the selling ...
Singapore’s Jewels: 20 small-cap companies that investors should pay attention to
Investors looking for Singapore-listed companies to invest in should consider the Lion City’s “20 jewels,” according to RHB. “Jewels” are small-cap companies which have a market capitalisation range ...
Trust Bank Rolls Out Supplementary Credit Card With Instant Issuance
Trust Bank launched its supplementary credit card where the application is fully digital and will be issued instantly to its customers.
April NODX down 9.8% y-o-y, OCBC maintains full year estimate of 3% contraction
Totally trade, which includes both exports and imports, dropped by 18.8% y-o-y in April, reversing the 7.9% y-o-y growth chalked up in March. OCBC’s chief economist Selena Ling, who is keeping her ...
OCBC sets sector-specific decarbonisation targets, scraps new loans for oil and gas projects
Southeast Asia's second-largest lender OCBC sets sector-specific decarbonisation targets, scraps new loans for oil and gas projects ...
Singapore Bourse Tipped To Extend Tuesday’s Losses
The Singapore stock market headed south again on Tuesday, one day after halting the six-day losing streak in which it had dropped ...