BILLION DOLLAR CLUB: BANKING & INVESTMENT SERVICES + INSURANCE In 2021, iFast Corporation made the big leap from the Centurion Club to the Billion Dollar Club. A year later, for this year's BDC2022, iFast has retained its wins. It has been named the overall winner for the ba...

About the Billion Dollar Club The Edge Singapore Billion Dollar Club recognises excellence in companies listed on the Singapore Exchange with at least $1 billion in market capitalisation. The billion-dollar cutoff also serves as an aspirational target for dynamic smaller companie...

Globally, the focus on environmental, social and governance (ESG) considerations has been gathering momentum. Indeed, given increased scrutiny from consumers, regulators and market players, companies can no longer push ESG matters to the backburner or have it as an ancillary topic...

Despite the US Federal Reserve rate hike cycle likely to peak somewhere in the first half of 2023, bringing along with it growth in net interest income (NII) of local banks, which are probably the best proxy to future Asian growth.According to analysts, DBS Group Holdings is likely to remain the sta...

Helen Wong, group CEO of Oversea-Chinese Banking Corp sounded very positive on the morning of Nov 4 during the bank’s results briefing. “I'm still more optimistic on the resilience of our key markets, in particular Asean so if you look at Singapore, we know that the employment situation remains ...

GREAT Eastern on Wednesday (Nov 2) posted a 30 per cent increase in net profit to S$278 million for the third quarter ended Sep 30, from S$213.3 million a year ago.

Great Eastern Holdings (GEH), a member of the OCBC group, has reported earnings of $278.0 million for the 3QFY2022 ended Sept 30, 30% higher than earnings of $213.3 million in the corresponding period the year before.The increase in earnings was driven by the higher profit from insurance business, s...

GREAT Eastern on Wednesday (Nov 2) posted a 30 per cent increase in net profit to S$278 million for the third quarter ended Sep 30, from S$213.3 million a year ago.

THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 2):

With energy prices worldwide and in Singapore hitting an all-time high, the cost and security of energy are major concerns for both households and policymakers.Although there are complex factors at play, one conclusion is inescapable: The growing threats posed by climate change require a meaningful ...

As a label, “green buildings” may be a misnomer. Many people associate sustainable developments with biophilic exteriors, like the vines that enshroud Oasia Hotel Downtown, the dense foliage covering Park Royal Pickering, or sky gardens, such as the three-storey Green Oasis at CapitaSpring.In re...

Banks should continue to be the main beneficiaries of efforts by central banks to fight inflation. The key message from the top management of DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB) is that the higher interest rate environment will continue to be positi...

IT may be more than a century old, but Great Eastern Holdings is still fighting fit — despite a raft of challenges unleashed by Covid-19, and the emergence of technology startups that compete in the insurance space.

The net interest income (NII) of the three local banks has benefitted from the four hikes in the Federal Funds Rate (FFR) by the US Federal Reserve to the extent that the higher NII was able to offset lower non-interest income and result in net profit growth.In March, the US Fed raised the FFR by 50...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Aug 2):