News
Bank of Singapore names Credit Suisse banker as new global COO
Bank of Singapore names Credit Suisse banker as new global COO
Jacky Ang is also Credit Suisse’s SG branch manager and head of wealth management.
OCBC issues US$50m notes
The cancellable zero coupon notes are due in 2043.
ThaiBev acquires 98.5% shares in Oishi
Oishi will be delisted from the Stock Exchange of Thailand.
DBS unveils metaverse game tackling global food waste
Singapore players will be treated to extra rewards, redeemable through DBS PayLah!
AIA sees new business value jump 37% YoY in the first semester
This was mainly driven by the economic reopening in China and Hong Kong.
Insurance is not top priority amongst Singapore’s Gen Zs and millennials: Poll
Only 20% have thought of retirement plans whilst 14% are interested in insurance.
How much does an average Singaporean spend on monthly groceries?
An average Singaporean spends $211 monthly on groceries.
HK, SG housing chiefs exchange views on policies, new technologies
Amongst areas of discussion include green buildings.
Ex-director nabbed for money laundering not involved in day-to-day operations: No Signboard
The company said Su HaiJin also did not receive any directors’ fees.
Grab cuts losses to $148m in 2Q23
The figure translates to a 74% YoY improvement.
ComfortDelGro moves dividend payment date to 31 August
The company adjusted the payment date in light of the Presidential Elections.
Boustead’s largest energy engineering unit bags $31m contract in LatAm
The company expects the contract to strengthen the OTSG offering of its subsidiary.
Kelvin Fong steps up as Deputy CEO of PropNex
He previously held the Executive Director position in the company.
ERP rates up $1 in 28 August to decongest traffic
ERP rates will be increased by $1 starting 28 August 2023.
Be cautious on dealing with Dasin Retail Trust units, SGX Reg Co warns
An individual is suspected of buying Dasin units to maintain its unit price.
ESR Group Limited reports 14% increase in EBITDA fund management
The unaudited adjusted EBITDA was US$549m.
Daily Markets Briefing: STI up 0.45%; Mapltetree is top stock
Mapletree Pan Asia Commercial Trust closed with a 2% increase.
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Commentary
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