DBS to acquire Indonesia’s Danamon

2 Apr 2012 - Singapore Business Review
The transaction will make DBS the fifth largest in Indonesia. DBS Group Holdings Ltd has entered into a conditional share purchase agreement with Fullerton Financial Holdings Pte. Ltd. to acquire 100% of its wholly-owned subsidiary Asia Financial (Indonesia) Pte. Ltd., which holds a 67.37% stake in PT ...
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Venture Corp slowly veering to profitability: DBS

30 Mar 2012 - Singapore Business Review
The tech firm got hammered by the Thai floods but its new product slate will fish it out of the earnings muck. Its recovery will be propelled by strong sales of new Printing & Imaging models as well as the upcoming release of Industrial and Test measuement products, said DBS Vickers Securities in its ...
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Chart of the Day: DBS SGD NEER returns to mid-point of policy band

29 Mar 2012 - Singapore Business Review
There is scope for the SGD NEER to rise to 4-5% YoY by September, says DBS. DBS Group Research said: In any case, we believe that the SGD NEER policy band has been flexible to help Singapore manage the shock from last year’s European debt crisis, while balancing growth/inflation concerns. Firstly, the ...
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DBS cites errors in media reports regarding industrial production

27 Mar 2012 - Singapore Business Review
If you think electronics sector was the culprit of weak IP, think again –DBS presents an evidence of turnaround. Here’s from DBS Group Research: It would be hard for analysts and media to get yesterday’s industrial production report more wrong than they did. The consensus on February IP was that it was ...
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Expect a 0.4% hit on Olam earnings: DBS

21 Mar 2012 - Singapore Business Review
This is due to the $2 million loss the company will incur over FY13-14 to start up its new rubber plantation in Gabon. Then comes the long wait for the payoff. DBS estimates that revenues will only start trickling in by FY19, during which the rubber trees will have matured and can start producing rubber ...
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Citi, JP Morgan and StanChart losing to DBS in SME transaction banking : CIMB

20 Mar 2012 - Singapore Business Review
CIMB claims DBS' transaction business which account for 14% of revenue is growing at the expense of rivals. According to CIMB, DBS’s GTS Head Tom McCabe explained why the business became a key growth driver for the group. GTS contributed 14.2% of 2011 group revenue and 15.2% of PPOP. The change started ...
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POSB Launches First Card in Singapore Featuring Both Debit and Credit Functions - Business Wire

24 Aug 2010 - Business Wire

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