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Tag: finance

Posted on 23/07/2023

Historian says recent scandals raise serious questions about Singapore govt’s ability to maintain public trust

SINGAPORE: In a recent interview with the BBC, renowned historian Michael Barr indicated that the recent affair scandal involving two People’s Action Party (PAP) Members of Parliament (MPs) and the ...

Posted on 21/07/2023

HDB dream: She gave up her citizenship to pursue Singapore home

Not long after becoming a Singaporean, a woman and her Malaysian husband bought their first HDB flat. Here's their story.

Posted on 21/07/2023

UOB Kay Hian moderates STI target to 3,240 but Singapore market ‘still the place to be’

The brokerage’s key focus for stocks in 2H2023 include counters such as Capitaland Investment, Genting Singapore and Keppel Corp.

Posted on 21/07/2023

CGS-CIMB keeps ‘hold’ on DBS with ‘likely positive’ NIM guidance but negative loan growths for 2QFY2023

CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are expecting a resilient showing of DBS Group Holdings’ 2QFY2023 earnings, on account of stable net interest margins (NIM), recovering ...

Posted on 21/07/2023

Singapore banks face tepid loan growth; interest margins to peak in 2023

“The Singapore government is highly supportive of the banking system. We believe it will provide timely financial support to ensure the stability of the financial system, if needed. This in turn ...

Posted on 21/07/2023

Winning Secrets: UOB Thailand’s head office embodies a high-performance culture

Featuring a four-zone workplace, UOB Plaza Bangkok encourages closer collaboration, enables greater mobility, and promotes employee wellbeing, Sasiwimol Arayawattanapong, Head of HR, shares.

Posted on 21/07/2023

Little Movement Anticipated For Singapore Shares

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...

Posted on 21/07/2023

Singapore’s Temasek to invest US$3 million-$5 million a year in India, report says

Singapore state investment company Temasek Holdings is looking to invest US$3 million to $5 million a year in India, Ravi Lambah, head of Temasek India, says in an interview with Bloomberg.

Posted on 20/07/2023

Former CIO of GIC Ng Kok Song announces bid to run for Singapore presidency

Ng Kok Song, the former chief investment officer of Singapore asset management company GIC, has announced his bid to run for presidency on Wednesday (19 July). CNA reported that the 75-year-old ...

Posted on 20/07/2023

Singapore: City-state rocked by rare political scandals

Singapore, known for its political stability, has been rocked by a string of rare political scandals. Last week, a senior minister was arrested in a graft probe, the first in four decades to be ...

Posted on 20/07/2023

Singapore stocks close flat on Thursday as investor optimism wanes

SINGAPORE - Investors couldn’t find much sign of a pulse in the local market on Thursday, despite data showing inflation easing in many economies. Read more at straitstimes.com.

Posted on 20/07/2023

Singapore-based Keppel’s private funds acquire $1.1b Seoul office tower

Singapore-headquartered Keppel Corporation’s private funds have closed a 1.4 trillion won ($1.1 billion) acquisition of the Bank of Korea’s office building in Seoul, South Korea.

Posted on 20/07/2023

Ong Beng Seng: A Look At The Net Worth Of The Singaporean Billionaire

One of the most famous businesspersons in Southeast Asia, Ong Beng Seng of Singapore built his billion-dollar net worth by owning some of the world’s most famous hotels through his company Hotel ...

Posted on 20/07/2023

Citi ‘warming up to OCBC’ over DBS ahead of 1HFY2023 results, expects 40 cents DPS

UOB is set to announce its results for 1HFY2023 ended June on July 27, while DBS will do the same on Aug 3 and OCBC on Aug 4.

Posted on 20/07/2023

Singapore’s recent political scandals do not represent political upheavals: OCBC

Despite recent political scandals, Vasu Menon from OCBC Bank says Singapore is "still a good bet", and is sticking to a positive position on the country's economy and markets.

Posted on 20/07/2023

Carbon, clean energy needs underpin Aust-Singapore ties

An investor forum in Singapore is examining ways to support global climate ambitions, sustainable development and a pipeline of Australian renewable energy.

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