Financial Services
Wee Ee Lim receives UOL and Haw Par shares from late father’s estate
Wee Ee Lim receives UOL and Haw Par shares from late father’s estate
Wee received 115 million shares in UOL and 1.64 million shares in Haw Par Corporation.
ValueMax Group launches eighth series of 3-month commercial paper in SDAX
This is part of the company’s fundraising efforts.
Saxo Bank now part of European financial group
The acquisition positions the group to expand its offering.
YouBiz, TikTok to boost financial efficiency for businesses
The collaboration aims to help e-commerce brands optimise advertising spending and reduce financial inefficiencies.
Is the digital wealth opportunity a zero-sum game for WealthTechs and banks?
As WealthTech breaks new ground within the high-net-worth individual (HNWI) sector and banks speed up their digital wealth offering, what does it take...
Gov’t to inject $1.2b to fund enterprises' growth
It will introduce two new funding programmes for enterprises.
Banks see stable credit costs and resilient earnings: RHB
The sector has had a strong start to the year, outperforming ASEAN peers.
MAS bans credit use for cryptocurrency purchases
MAS aims to help consumers avoid losses from crypto investments.
Sea Limited net profit nearly triples to $599.8m in 2024
Revenue also rose 28.8% YoY.
Most Singaporeans unaware of hidden FX transaction costs
More than half (56%) fail to account for additional service fees and exchange rate markups.
UOI to review proposal on Haw Par stake
The group said it would make further announcements when appropriate.
New DBS service to help SMEs lock in FX rates in advance
SecureFX aims to aid businesses to secure FX rates for payments of up to US$1m without requiring credit lines.
MoneyMax profit jumps 65% in FY 2024
The group’s revenue rose 36.5% year-on-year to $390.1m.
Wee Ee Cheong ups stake in UOB following $6b net profit announcement
The board has proposed a final dividend of 92 cents per share.
UOB Sydney branch issues A$2b senior unsecured notes
The notes maturity date is on 28 February 2028.
Hong Leong Finance's net profit rises by 11.5% YoY for FY 2024
Earnings per share stood at $0.2320.
SingFinance’s profit after tax grows 9% YoY in FY2024
The company recommended a first and final dividend of $0.065 per share.
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SG60: What the next 10 years have in store for Singapore’s investment landscape