SINGAPORE (Mar 18): During a recent trip to Kuala Lumpur, I ran into an old friend whom I knew from my days in the brokerage business back in the 1990s. To my surprise, he told me that he still worked in the industry and appeared to be making a good living at it. After two financial crises and a co...

SINGAPORE (Mar 14): The trustee-manager of Keppel Infrastructure Trust (KIT) announced Thursday it is launching an equity fund raising to raise gross proceeds of $450 million. This will be by way of a placement of new KIT units to institutional and other investors, as well as a non-renounceable und...

SINGAPORE (Mar 14): Singapore Airlines has established a $2 billion medium term bond programme. The city-state’s flagship carrier says net proceeds from the programme will be used to refinance existing borrowings, finance investments and fixed assets as well as goes towards general working capita...

SINGAPORE (Mar 11): CGS-CIMB Research says current bank valuations have priced in downside risks of a pause in US Federal Reserve rate hikes on sector earnings. Absence of asset quality pressure should also prevent de-rating. “Maintain ‘Overweight,” says analyst Andrea Choong in a Friday repo...

SINGAPORE (Mar 8): Hyflux International, the debt-laden water company which is undergoing restructuring, has received proofs of claims from 73 creditors and stakeholders totalling $3.51 billion. This comes ahead of an April 5 meeting for them to vote on the proposed debt rescue plan. According to F...

SINGAPORE (Mar 7): Maybank Kim Eng Research says DBS Bank is its top pick among local banks on the back of its strong low cost deposit franchise. “Domestic banks, with lower loan to deposits (LD) ratios and higher mix of low cost deposits, should see net interest margins (NIMs) rise further,” s...

Submitted By:  Sandra Sendingan Case Study:  No The bank plans to open nine new branches in March alone. DBS Bank is going physical in India with the launch of a lo...

DBS Bank, announcing the launch of its locally incorporated subsidiary, DBS Bank India (DBIL) on Monday, said that its wholly-owned Indian unit plans to establish more than 100 customer touchpoints - a mix of branches and kiosks - across 25 cities in the next 12 to 18 months.

LAST month, DBS Bank unveiled plans to transfer its retail equity trading under its brokerage arm, DBS Vickers, to the bank by year end, triggering a public outpour of support for its remisiers, including that from remisiers of rival houses.

SINGAPORE (Mar 4): DBS Bank on Monday launched its locally incorporated wholly owned subsidiary, DBS Bank India Limited (DBIL). This marks a key milestone for the bank, which has been present in India for 25 years. DBS set up a representative office in India in 1994 and opened its first bank branch...