News

DBS to acquire Indonesia’s Danamon

DBS to acquire Indonesia’s Danamon

The transaction will make DBS the fifth largest in Indonesia.

Risk consolidation escalates as growth bottoms out

Asian economies, including Singapore, will recover after hitting their lowest growth rates in Q1 and spur risk appetite.

Higher electric demand lifts Sembcorp Industries

Its first quarter results will see robust revenues from its utilities business, says Phillip Securities.

Frasers China privatization deal pushes through

There are two reasons why Fraser & Neave and another shareholder are buying out the subsidiary shares.

Electricity tariff to rise by 4.3% in the next three months

Not a good weekend ahead as consumers could expect $4.18 increase to electricity bill beginning this Sunday, April 1.

URA names new chairman

Goodbye Alan Chan, hello Peter Ho Hak Ean.

MAS unveils second series of native orchid collectible coins

It features this time two native orchids – Arundina graminifolia and Bulbophyllum macranthum.

Global IPO activity falls to lowest level since Q2’09

Even as first quarter was the first time that just one deal raised above US$1b since Q1’09.

Chart of the Day: Singapore industrial production

In case you’re confused about the figures, DBS provides enlightenment.

Venture Corp slowly veering to profitability: DBS

The tech firm got hammered by the Thai floods but its new product slate will fish it out of the earnings muck.

Nationwide wage consultations set for next month

The National Wages Council is convening this April to mull over Singapore wage guidelines for 2012 and 2013.

Manchester United fans score a victory with Maybank Singapore

This legendary tie up promises to provide platinum visa card members with experiences and premiums money can’t buy.

HDB flats still overtake condominiums in affordability

That's not surprising as the average PSF for older condominiums is at least twice those of HDB flats in general.

Prices of resale homes dipped 0.8% MoM in Feb

Even prices of small units, which saw huge demand in recent months, dropped by 0.9%.

SMRT submits report on service disruption

It now awaits verdict from government inquiry panel while it implements suggestions from the investigation team to avoid recurrence.

Chart of the Day: DBS SGD NEER returns to mid-point of policy band

There is scope for the SGD NEER to rise to 4-5% YoY by September, says DBS.

Keppel T&T to develop Sino-Singapore logistics park

The 44,000-sqm Sino-Singapore Jilin Food Zone International Logistics Park will be operational by 2014.