While giving away freebies may increase initial customer acquisition, this is not sustainable in the long run, says a marketing expert.
Singapore banks Q2 performance to be weighed down by higher costs, weaker loans: Analysts
Earnings for the three banks are expected to peak in 2023 as loan growth tapers off and costs rise, say analysts. Read more at straitstimes.com.
DBS downgrades Grab to ‘fully valued’ on ‘structural challenges’
DBS Group Research analyst Sachin Mittal has downgraded NASDAQ-listed Grab to “fully valued” from “hold” previously as he sees the company facing a dilemma between focusing on growth or its ...
Singapore banks’ Q2 to be weighed down by higher costs, weaker loans: analysts
ANALYSTS across the board are once again expecting a weaker quarterly performance from the trio of local banks in their upcoming Q2 update, amid a continued rise in costs and provisions. Read more at ...
Higher deposit caps for digital banks not likely to impact DBS, OCBC and UOB: Fitch Ratings
Digital bank GXS, which is backed by Grab and Singtel, said on July 19 that it will raise the limit for deposits from $5,000 per account to the new $75,000 threshold. Separately, Sea-owned MariBank ...
United Overseas Bank: Attractive Growth Potential And Dividend Yield
United Overseas Bank presents an appealing investment opportunity with strong growth prospects and solid fundamentals. Read why I'm bullish on the stock.
Beware of fake ads from scammers misusing PM Lee’s image to sell investment opportunities
Ads misusing PM Lee Hsien Loong's image and pointing to scam sites that impersonate CNA's website have surfaced recently. "If the ad uses my image to sell you a product, asks you to invest in some ...
Singapore, Hong Kong reaffirm close and longstanding relations
Hong Kong's chief executive John Lee is in Singapore for the first time since becoming the territory’s new leader just over a year ago.
Singapore youth environmentalists are fighting climate change – and impostor syndrome
Singapore youth environmentalists are fighting climate change – and impostor syndrome. They say access to information on sustainability is easy, and it is challenging to build a specific niche.
Hong Kong, Singapore should ‘step up’ post-pandemic ties, leader of city state tells John Lee on first stop of chief executive’s Asean trip
Singapore Prime Minister Lee Hsien Loong says both governments have always had good relationship, while city's top official hails hospitality of hosts John Lee says purpose for trip to Southeast Asia ...
OCBC creates chief sustainability officer role
Singapore lender OCBC has created the role of group chief sustainability officer (CSO), who will lead the group’s sustainability agenda, including the transition to a net-zero economy on both the ...
Higher deposit caps for digital banks not likely to disrupt DBS, OCBC and UOB: Fitch Ratings
Digital bank GXS, which is backed by Grab and Singtel, said on July 19 that it will raise the limit for deposits from $5,000 per account to the new $75,000 threshold. Separately, Sea-owned MariBank ...
Singapore June Core Inflation Rises 4.2%, Matches Forecast
SINGAPORE (Reuters) - Singapore's key consumer price gauge rose 4.2% in June, matching economists' forecasts, official data showed on Monday. The core inflation rate - which excludes private road ...
Who Is Ng Kok Song? All About The Man Running In The Singapore Presidential Elections
Here is everything you need to know about Ng Kok Song, the third candidate for the Singapore presidential elections.
OCBC names Mike Ng as its first chief sustainability officer to lead decarbonisation drive
Mr Ng was instrumental in OCBC's commitment to cease financing for new coal-fired power plants. Read more at straitstimes.com.
Man calls out Singapore car driver for using his YouTrip card at JB petrol station
Finders keepers, losers weepers? Taking to Complaint Singapore Facebook Page on Sunday (July 23), driver Leonard Chia shared how his lost YouTrip card was misappropriated by a Singapore car driver at ...