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Posted on 04/08/2023

Singapore bank OCBC Q2 earnings rise; sees rate cuts from 2024

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...

Posted on 04/08/2023

When has the Singapore President’s approval been sought to tap into past reserves?

The Singapore President has powers to approve or reject requests to tap into past reserves. When have such instances come up?

Posted on 04/08/2023

Presidential hopeful Ng Kok Song submits forms, stresses importance of Singapore’s reserves

Presidential hopeful Ng Kok Song has submitted his application for a certificate of eligibility to contest the upcoming presidential election.

Posted on 04/08/2023

Biotech start-up Mirxes weighs Singapore IPO, aims to double global headcount by 2026

In 2020, Mirxes developed Singapore’s first Covid-19 reverse transcription polymerase chain reaction (RT-PCR) test kit, the Fortitude Kit, in collaboration with A*Star. More than 10 million Fortitude ...

Posted on 04/08/2023

Singapore Says Willing to Discuss Malaysia High-Speed Rail

Singapore is open to start on a “clean slate” on a proposed high-speed rail link with neighboring Malaysia, Acting Transport Minister Chee Hong Tat said in Parliament Thursday.

Posted on 04/08/2023

Singapore bank OCBC posts 34% rise in Q2 profit, in line with estimates

SINGAPORE: Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday (Aug 4) posted a 34 per cent rise in second-quarter net profit that was in line with expectations, mainly ...

Posted on 04/08/2023

UOB marks 30 years in Vietnam; set to bring in $2b more in FDI by 2025

UOB, the first Singapore bank to set up shop in Vietnam 30 years ago, is now pressing home its advantage to meet the banking needs of emerging middle-class consumers and the companies serving them ...

Posted on 04/08/2023

A new luxury hotel is opening near Singapore — but you’ll need a boat to reach it

ONE°15 Marina Nirup Island joins other private islands that have opened in Indonesia's Riau Island. A Westin hotel is scheduled to open in late 2024.

Posted on 04/08/2023

Singapore’s OCBC Q2 earnings rise, but sees global growth slowing

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit in line with estimates, while flagging it expected slowing global economic growth heading into 2024.

Posted on 04/08/2023

Lonely seniors in Singapore: Who cares for them when they’re all alone?

SINGAPORE — As Singapore's population ages, the number of seniors living alone is a growing concern, presenting significant challenges to their well-being and mental health. The Department of Statistics has projected a worrisome trend, estimating that ...

Posted on 04/08/2023

Singtel to achieve nationwide 4G LTE-900 deployment by March

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 04/08/2023

Singapore Retail Sales Data Due On Friday

Singapore will on Friday release June figures for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales

Posted on 04/08/2023

Singapore carries out third drug trafficking execution in just over a week

Singapore executed a 39-year-old local man Thursday for heroin trakfficking, the third person to be hanged for drugs offenses in the city-state in a little more than a week.

Posted on 04/08/2023

Face biometrics planned for Jamaica airport, may replace passport checks in Singapore

Jamaica to introduce a biometric system for passenger checks at Sangster International Airport. Singapore considers eliminating passport checks.

Posted on 04/08/2023

OCBC Earnings: Here’s What You Need to Know About This SGX-listed Bank

SGX-listed Oversea-Chinese Banking Corporation Limited or OCBC Bank (SG:O39) will report its half-yearly earnings for 2023 tomorrow. Analysts ...

Posted on 04/08/2023

Singapore’s competition watchdog looking into Grab’s proposed takeover of Trans-Cab: Alvin Tan

SINGAPORE’S competition watchdog is looking into Grab’s proposed takeover of Trans-Cab, Minister of State for Trade and Industry Alvin Tan told Parliament on Thursday (Aug 3). Read more at The ...

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