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An open attitude a must when investing in Indonesia, Banking & Finance

An open attitude a must when investing in Indonesia, Banking & Finance

YOUNG companies are rightly looking towards Indonesia to test-bed their business models. In doing so, they open up an opportunity for themselves – they get a head start into expanding into the country, tapping its…

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HSBC Singapore names 3 senior hires in retail banking, wealth management, Banking & Finance

HSBC Singapore names 3 senior hires in retail banking, wealth management, Banking & Finance

Thu, Aug 15, 2019 – 1:33 PM HSBC Singapore on Thursday announced three new senior appointments within its retail banking and wealth management unit. They are Alice Fok as head of customer propositions and marketing,…

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Fintech investments in Singapore nearly quadrupled to US$453m in H1 2019: report, Banking & Finance

Fintech investments in Singapore nearly quadrupled to US$453m in H1 2019: report, Banking & Finance

Thu, Aug 15, 2019 – 5:35 PM FINTECH investments in Singapore nearly quadrupled to US$453 million in the first half this year, up from US$118 million in the year-ago period – placing the country as the…

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HSBC Singapore names 3 senior hires for retail banking and wealth management, Banking & Finance

HSBC Singapore names 3 senior hires for retail banking and wealth management, Banking & Finance

Singapore HSBC Singapore on Thursday announced three new senior appointments within its retail banking and wealth management unit. Alice Fok has been appointed as head of customer propositions and marketing, Ranojoy Dutta as head of…

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Singapore government bonds benefitting in low-yield world: DBS, Banking & Finance

Singapore government bonds benefitting in low-yield world: DBS, Banking & Finance

Fri, Aug 16, 2019 – 11:40 AM THE global low-yield environment will continue to bode well for Singapore Government Securities (SGS) bonds, said Eugene Leow, rates strategist at DBS Group Research, on Friday. In particular,…

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OCBC’s Wing Hang buyout trebles contribution from Greater China, Banking & Finance

OCBC’s Wing Hang buyout trebles contribution from Greater China, Banking & Finance

Singapore OCBC has seen a tripling of its Greater China earnings contribution over the last five years on the back of its US$5 billion Wing Hang acquisition in 2014, with the piping of OCBC’s regional…

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Analysts flag potential M&A risks in OCBC’s rumoured Permata buy, Banking & Finance

Analysts flag potential M&A risks in OCBC’s rumoured Permata buy, Banking & Finance

Singapore SOME analysts are raising acquisition risks behind the reported interest by OCBC to snap up most of Indonesian lender Bank Permata, warning that these pressures could weigh on the bank’s shares in the near…

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Importance of Hong Kong will not diminish: OCBC CEO, Banking & Finance

Importance of Hong Kong will not diminish: OCBC CEO, Banking & Finance

Singapore THE backdrop seemed dismal as protesters turned mobbish at some point amid police clashes, crippling much of international travel into Hong Kong over two days. But OCBC’s chief executive officer, Samuel Tsien, was an…

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Singapore dividend payout slides 11.6% to US$3.8b in Q2: index, Banking & Finance

Singapore dividend payout slides 11.6% to US$3.8b in Q2: index, Banking & Finance

Mon, Aug 19, 2019 – 5:06 PM DECELERATION in the world economy is beginning to take its toll on dividend payouts around the world, according to the latest Janus Henderson Global Dividend Index. In Singapore, US$3.8…

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HMI posts 11% fall in Q4 net profit to 13.5m yuan, Companies & Markets

HMI posts 11% fall in Q4 net profit to 13.5m yuan, Companies & Markets

Mon, Aug 19, 2019 – 8:27 PM HEALTH Management International (HMI) on Monday announced net profit fell 11 per cent to 13.5 million yuan (S$2.65 million) for the fourth quarter ended June 30, down from…

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