Tag: stock market

It’s no secret that the market is looking at tycoon Edgar Saavedra’s Citicore Renewable Energy to jumpstart an initial public offering (IPO) revival in 2024. Given its size of P12.9 billion, that one ...

GIC reshuffled the roles of some senior executives as part of a broader leadership overhaul, as current deputy chief operating officer Sam Kim will be appointed as COO.

India has become a desirable investment location for NRIs. Conservative risk tolerance is favoured by approximately 4% of NRIs based in the UK. The survey reveals that only 1% of NRIs from Canada, the ...

"If any other political party thinks that this is not the right approach, if they truly believe that we should dip into our reserves more, then bring it to the ballot box," says Prime Minister Lee ...

Transactions in Singapore and Thailand are expected to more than double CLI’s funds under management in Southeast Asia to S$1.2 ...

Google Cloud’s managing director for global AI business and applied engineering, Caroline Yap, has underscored Singapore’s remarkable potential as a global AI hub, attributing it to a conducive ...

Gupta’s compensation took a 30 per cent hit due to last year’s disruptions that affected payment and ATM transactions across the city state.

DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's ...

DBS reported record full-year profits on Wednesday, but also slashed the pay of senior executives following several major disruptions to online services.

Singapore sovereign wealth fund GIC's current deputy chief operating officer Sam Kim will be appointed as COO as part of a wider senior leadership changes, it said a statement on Wednesday. GIC, one ...

According to a Savills report, Singapore’s commercial sector recorded a total of S$1.6 billion worth of investment sales in Q4/2023, which came from 13 transactions (all from the private sector). ...

CEO Piyush Gupta's variable compensation, which typically covers bonus payouts, was cut by 30%, which amounted to SG$4.14 million ($3.08 million), DBS said in a media release as it published its ...

DBS Group , Singapore's biggest bank, posted on Wednesday a 2% rise in net profit in the fourth quarter from a year earlier on the back of a 9% increase in total income, according to a statement from ...

At closing bell, the Straits Times Index (STI) index was down 8.61 points, or 0.27%, to 3,125.68 after trading between 3,120.05 and 3,132.33. Volume of 1.30 billion shares worth S$1.12 billion changed ...

Singaporean banks are set to post higher profits for the fourth quarter because of higher interest rates, though growth momentum is poised to slow as big central banks pivot toward rate cuts and ...

SINGAPORE: Singapore's residential property tax revenue for 2024 is expected to be around S$600 million (US$446 million) higher than what was collected in 2023, said Second Minister for Finance Chee ...