UNITED Overseas Bank (UOB) on Wednesday posted a 19 per cent fall in Q1 net profit on declining margins and a surge in impairment charges, bringing its earnings to the lowest level in just over two years.

DBS on Thursday guided that its oil-and-gas (O&G) lending portfolio at S$23 billion makes up its single-largest loan exposure to impacted industries made vulnerable by the Covid-19 pandemic, and that it expects further allowances set aside specifically for O&G support service...

WITH oil trading giant Hin Leong making headlines amid the recent collapse of oil prices, the Singapore banks are set to take charges against their broader exposure to the oil-linked sectors but in a more measured way given more prudence today, analysts said.

WITH oil trading giant Hin Leong dogging headlines amid the current collapse of oil prices, the Singapore banks are set to take charges against their broader exposure to the oil-linked sectors but in a more measured way given more prudence today, analysts said. 

THE former lead independent director of Catalist-listed women's and children's healthcare group Singapore O&G (SOG) was charged on Thursday with two counts of cheating in relation to an allegedly dishonest deal.

THE former lead independent director of Catalist-listed women’s and children’s healthcare group Singapore O&G (SOG) has been charged with two counts of cheating in relation to an allegedly dishonest deal.

SINGAPORE O&G, a specialist healthcare provider for women and children, reported a net loss of S$8.9 million for the fourth quarter ended Dec 31, versus a net profit of S$23,000 a year ago.

TWO Catalist-listed firms warned of losses for the fiscal year ended Dec 31, 2019, according to separate bourse filings on Monday after trading hours.

CATALIST-LISTED Singapore O&G has named Eric Choo, who previously served as the company's chief financial officer (CFO), as its new chief executive from Feb 3, according to a Friday bourse filing. 

Submitted By:  Clarist Zablan Case Study:  No And India-based startup Livspace invests $40.82m to expand in Singapore and APAC. From DealStreetAsia: KrisEnergy plan...