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MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the…
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the capital management plans of the Singapore banks,…
The breathing room Great Eastern and OCBC now have to address the insurer’s free float stretches beyond the likely dates of their upcoming AGMs When Great Eastern announced late last…
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will likely continue to boost the wealth management…
The sale is not expected to have an impact on the group’s net tangle assets or earnings per share OCBC has agreed to sell its entire stake in Hong Kong Life Insurance to a Hong Kong…
SOME analysts left their ratings on SingPost unchanged on Monday (Dec 23), although corporate governance issues was raised as a risk following a fiasco at the company which resulted in…
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living pressures. About S$7.5 million…
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a loan of around S$12 billion, in what would be the…
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks SINGAPORE’S local banking trio will continue to watch interest…
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that upcoming project launches in the second half of 2024…
OVERSea-Chinese Banking Corp (OCBC) will stop handling any transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions. Singapore’s second-largest…
