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OCBC turns defensive to ‘protect interest income’ as rate cuts loom
WEBAug 7, 2024 · OCBC’s new target price is $13 from $14 previously, below OCBC’s Aug 2 close of $14.80. In an Aug 5 note, Tan says Citi’s US economists expect 225bps in rate cuts over 10 months, starting with a 50bps cut in September. This should deliver 10bps NIM compression each in 2025 and 2026, says Tan. In 2QFY2024, OCBC’s NII …
SMBC Group embraces digital transformation to achieve …
WEBNov 9, 2023 · Keiji Matsunaga, head of the Asia Innovation Centre at Sumitomo Mitsui Banking Corp (SMBC), says corporations are now undergoing a comprehensive digital transformation in response to a more intricate operating environment. This involves leveraging the capabilities of data and analytics technology. Recognising customers’ need to protect their ...
Singapore Institute of Advanced Medicine Holdings to report ...
WEBJul 31, 2024 · On March 17, the company said it planned to repay its loans of some $3.4 million by issuing new shares to its creditors at 9 cents per share. The amount stood at a 10% discount off the volume-weighted average price (VWAP) per share of five consecutive market days ending on the full market day when the …
SATS, CDL, CLAS, CDLHT top annual corporate governance scorecard
WEBAug 1, 2024 · Compared to last year’s general category score of 74.8 points, this year’s study awarded listcos 69.3 points, down 5.5 points. SATS took the first position in this category, followed by City Developments in second place. United Overseas Bank U11 -. placed third, while Keppel Limited and Singapore Telecommunications Z74 - …
How Singapore can bolster cybersecurity in the public sector
WEBAug 5, 2024 · In 2022, the Singapore Cyber Emergency Response Team (SingCERT) reported that phishing attempts had more than doubled in 2022 in comparison to 2021. More recently, the public sector clocked a 2% increase in data security incidents for its 2022 fiscal year. In the following year, cyberattacks continued to evolve in …
Healthy and delicious meals at home with Esseplore - The Edge …
WEBAug 27, 2021 · A meal with Umami Chefs starts from just $7.99. You get to choose from a wide range of cuisines, from modern European to classic Asian, with mouth-watering dishes like the hearty beef bourguignon, to the plant-based, simple yet delicious vegetable lasagne. Options had the chance to try the keto meal plan and …
Lazada unveils regional headquarters and Singapore office
WEBOn Apr 11, Lazada officially launched their Singapore office and regional headquarters, named Lazada One– a move that asserts a stronger Southeast Asian presence for the group. The opening of Lazada One, which sits in the central Bras Basah district, was officiated by Minister of Communications and Information (MCI) Josephine Teo.
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