Financial Services
Gov’t to inject $1.2b to fund enterprises' growth
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.
Budget 2025: Winners and Losers
Experts say some sectors could face drawbacks from budget measures.
UOB Group launches $3b Capital Distribution Package for shareholders
The group also introduced a $2b share buyback programme.
Paragon REIT taps PrimePartners as adviser in privatisation bid
The IFA would advise the independent directors of the REIT’s manager.
Over 4 in 5 businesses seek government support
The majority of those in the health sector have applied or are interested.
iFAST Corp net profit soars 46.3% YoY in Q4 2024
For FY2024, net profit rose 135.7% YoY to $66.63m.
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