Featured

<p>DBS and OCBC Bank are tying up with tech giant Google.</p>

<p>BUSINESS sans Borders (BSB), a cross-border digital trade platform experiment for small and medium-sized enterprises (SMEs), will be ramped up in the first half of next year, having completed its proof-of-concept (POC) stage, said the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA).</p> ...

<p>SOUTH-EAST Asia's largest lender DBS will not be able to meet its 2019 net interest margin (NIM) growth forecast that it had guided for earlier, as the three interest rate cuts by the US Federal Reserve this year took the bank by surprise.</p>

<p>DENNIS Tan, who oversees OCBC Bank's consumer financial services Singapore, is leaving the bank.</p>

A JOINT-VENTURE vehicle linked to Rich Capital is being sued by the main contractor of its Oxley Convention City project in Batam, Indonesia.

REVALUATION gains from four investment properties lifted United Engineers' (UE) net profit to S$84.8 million in the third quarter, up from S$7.7 million in the same period a year earlier.

MAPLETREE Commercial Trust (MCT) has raised S$460.5 million in gross proceeds from its preferential offering, which was 1.45 times subscribed, it said on Monday night.

Investment holding company Innopac Holdings on Monday night said that Saxo Bank has resumed its claims of nearly S$14.7 million against the company, over the negative account balances of two subsidiaries.

MAINBOARD-listed real estate group SingHaiyi sold some three million stapled securities of Australia-listed Cromwell Property Group on Monday for A$3.96 million (S$3.7 million), or A$1.2935 apiece.

STEEL fabricator Yongnam Holdings posted a net loss of S$11.1 million in the third quarter, narrowing 19 per cent from a net loss of S$13.8 million in the same period a year earlier.