CEO OF DBS AIMING FOR 15%-17% ROE in 3-5 YEARS

SINGAPORE: Singapore’s biggest bank DBS Group is confident of achieving a return on equity (ROE) of…

SINGAPORE BANK’ EARNINGS MOMENTUM TO LOSE STTEAM ON FUNDING COSTS, RATE CUTS

Singapore banks’ earnings momentum is set to lose steam this year amid rising funding costs and…

SWIFTONOMICS EXPECTED TO BOOST SINGAPORE’S GDP: CNA

One economist expects Taylor Swift’s concerts to add around S$300 million to S$400 million to Singapore’s…

SEA TURNS IN FIRST ANNUAL PROFIT AS E-COMMERCE PAYS OFF

Singapore-based Sea delivered its first annual profit since the internet firm’s market debut in 2017, as…

TYCOON ON TRIAL IN VIETNAM FOR FRAUD

Truong My Lan is accused of swindling the cash from Saigon Commercial Bank, in which she owned…

MALAYSIA’s CAPITAL A PAVES WAY FOR MERGER OF AIRASIA’S GLOBAL OPERATIONS

Malaysia’s Capital A Berhad said on Monday (Jan 8) it intends to sell its aviation business…

NIKKEI HITS 34-YEAR PEAK ABOVE 36,000 MARK

TOKYO: Japan’s Nikkei share average on Monday (Jan 15) crossed the 36,000 mark for the first…

SM: STILL PLENTY OF ROOM FOR GROWTH IN 2024

The groundswell of watchful optimism persists in 2024, and one of the country’s leading conglomerates maintains…

GRAB POST FIRST ADJUSTED CORE PROFIT

Grab in early November 2023 reported an adjusted core profit for the third quarter, its first…

ASIAN POWER GENERATION TRANSITION TO CLEANER ENERGY BUT COAL REMAINS CENTRAL

SINGAPORE: Asia boosted clean electricity output and slashed its share of fossil fuels faster than North…