Financial Services
Floundering financial services sector hurt Singapore GDP growth
Sectoral growth moved at a snail’s pace of 0.8%.
Floundering financial services sector hurt Singapore GDP growth
Sectoral growth moved at a snail’s pace of 0.8%.
Chart of the day: Check out Singapore banks' lacklustre NIMs in Q2
Only DBS' NIM saw an expansion.
Stronger local currency squeezes Singapore banks' NIMs in 2Q16
Average net interest margin was at 1.74%.
Weighted new business premiums spike 13% to $1.52b in H1
Market volatility pushed consumers to risk-averse options.
UOB is the sore loser in Singapore banks’ bad loans tally
O&G troubles pulled non-performing loan ratio to new highs.
Here’s why you can forget an income rebound for DBS in H2
For starters, Swiber will likely have a contagion impact.
Will the O&G market's increasing turbulence capsize Singapore banks’ credit profiles?
Loss-absorption buffers have never been more vital.
Daily Briefing: Aberdeen sniffs bargain amid local banks’ debt panic; More oil bond defaults haunt Singapore
And Singapore balks on Lockheed’s jets sale.
DBS’ bad debts for transport sector creep up to 2.1% in 2Q16
Analysts are worried if DBS’ provisions are enough to offset this.
Hefty bonuses lure banking professionals to Singapore’s local banks
Bonuses in big banks used to be 40%--how have the times changed?
Daily Briefing: Final decision on Lockheed's F-35 jets on hold; DBS caught in deep financial web
And here are the 7 most unique Singaporean landmarks.
DBS’ net profit slips 6% to $1.05b
Group’s bad debt rose to $150 million.
Daily Briefing: DBS profit plummets on Swiber provisions; Half of Singaporeans looking to buy home
And here are Singapore’s most unique landmarks.
Singapore banks bleed as Swiber fiasco drags on energy firms: Bloomberg
SGX Oil and Gas index sank to new lows.
Chart of the day: Here's why O&G exposure might decimate Singapore’s banking giants
DBS’ pre-provision income could crumble by over 60%.
CPF unveils new “escalating plan” for retirement payout scheme
Monthly payout increases 2% per year.
Daily Briefing: SGX makes formal offer for Baltic Exchange; DBS gave Swiber bridging loan before wind-up application
And ex-Keppel agent says managers backed bribes.
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