DBS India net profit up 50% on strong loan growth

Mumbai: Singapore based DBS Bank said its net profit in India rose to Rs 13 crore in the year ended March 2017 up 50% from Rs 9 crore a year earlier driven by a 24% loan growth and as fee income doubled to Rs 623 crore from Rs 280 crore a year earlier. ( read ...

Mugabe in Singapore again for medical reasons amid concerns

HARARE, Zimbabwe — Zimbabwe’s President Robert Mugabe is in Singapore for medical reasons, prompting opposition figures to question whether the 93-year-old still has the stamina to run the country. State media, quoting an information ministry statement ... ( read original story ...)

DBS Bank of Singapore sees imports rising 9% this year

SINGAPORE: Imports are likely to grow percent to 9 percent this year on sustained domestic demand, although such increase would be slower than the 18.4-percent expansion a year ago, DBS Bank of Singapore said Monday. The bank said in a report the sluggish ... ( read original story ...)