This article first appeared in The Edge Malaysia Weekly on April 24, 2023 - April 30, 2023 BRITISH lender HSBC Holdings plc is looking to the wealth and personal banking segment in the Asia-Pacific ...
HSBC shares rise after lender announces US$2 billion share buyback
HSBC, like its Wall Street and European peers, has seen a recovery in earnings on the back of higher interest rates. As the biggest bank in Hong Kong, the lender is also expected to benefit from ...
22 bus services affected by road closures on May 7 for OCBC Cycle 2023
SINGAPORE - A total of 22 bus services will be affected by road closures for the OCBC Cycle 2023 event on May 7. This will last from the start of bus operations to 11am, said SBS Transit in a ...
Over 1 million DBS PayLah! cashback rewards redeemed in less than 3 months
Over a million PayLah! hawker meal subsidies have been redeemed in less than three months since DBS and POSB launched the "5 Million Hawker Meals" scheme on 10 February. The scheme, which aims to ...
Reports of US$10 million investment into crypto company Array is ‘fake news’: Temasek
SINGAPORE: Singapore state investor Temasek on Tuesday (May 2) rejected recent reports it made a US$10 million (S$13 million) investment into algorithmic currency system Array. Temasek released a ...
Seafarers in Singapore see the need for tech training
Digitalisation and decarbonisation could present opportunities to attract a younger generation of sea-going professionals: study ...
How Singapore’s first government chief sustainability officer is driving the country’s net zero goals
He has reached out to many agencies to better understand what they do and some of the issues that they are facing, Mr Lim Tuang Liang told reporters.
RWDC Industries, Lummus Technology sign MoU accelerating PHA production at scale
Combined innovation, experience and strengths of Lummus and RWDC offers real solutions for the circular economy.
‘Fake news’: Temasek Holdings refutes reports of S$13.4m investment in cryptocurrency firm Array
SINGAPORE — State investment firm Temasek Holdings has refuted a claim that it made an investment of US$10 million (S$13.4 million) in cryptocurrency company Array, calling it "fake news".
Singapore’s DBS posts record Q1 profit, expects margins to decline as rates peak
Singapore's largest bank, DBS Group, has announced a quarterly net profit of S$2.57bn ($1.9bn) for Q1 2016, up 43% on the same quarter a year ago. The bank cites inflows of safe haven deposits amid ...
Citing diversified portfolio, OCBC and DBS maintain positive call on Mapletree Industrial Trust
Analysts from both OCBC Investment Research and DBS Group Holdings have kept their "buy" calls on Mapletree Industrial Trust, following 4QFY2023 numbers that met their expectations and proving that ...
UOB remains RHB’s top Singapore bank pick following 1QFY2023 earnings
RHB Bank Singapore has kept United Overseas Bank as its top pick among the three Singapore banks, following its 1QFY2023 earnings that grew by xx% y-o-y to hit a record $1.51 billion.
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not "falling off a cliff."
Singapore’s only public performing arts library to shut doors on 30 June
The only public library dedicated to the performing arts, library@esplanade, is set to close its doors on 30 June.
Singapore Tourism Suffers From Bus Driver Shortage
Local travel agencies in Singapore are saying that their tourism sector is suffering from a shortage of tour bus drivers, despite
Singapore court adjourns case related to Malaysian actor Kamal Adli’s attacker to May 30
Singapore Court has granted another four-week adjournment for an investigation officer to complete the investigation related to a man who allegedly