Malaysian Business Awards picks top local and international companies this year

11 May 2021 - Singapore Business Review
The awards were handed via digital and studio awards presentations. Businesses etch unique grooves that help enterprises commence new ways of thinking—and living—that benefits the society. In recognition of companies and startups that have made tremendous strides in their innovative projects and practices ...
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SME cashflow returns to pre-circuit breaker levels: OCBC

7 May 2021 - Singapore Business Review
Small and medium-sized enterprises in healthcare and transport were the strongest performers in OCBC's SME index last quarter. Small and medium enterprises (SMEs) have finally hit a positive score in OCBC's SME Index. For its first quarter report, SMEs finally breached the neutral 50 to a have a positive ...
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OCBC leads April share buyback rally

4 May 2021 - Singapore Business Review
OCBC, ST Engineering and Global Investments were the top firms that bought back shares last month. Approximately 23 million shares were bought back from the Singapore Exchange (SGX) in April, for a $48.5m total consideration. Leading these firms is OCBC, which bought back 3.66 million shares at an average ...
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Strait Times Index marks strongest start to a year since 1999

4 May 2021 - Singapore Business Review
STI recorded a 13.2% price gain over the first four months of 2021. With 13.2% price gains over the first four months of 2021, this year has been the strongest start to a calendar year for the Strait Times Index (STI) since 1999. The STI has also been the second strongest benchmark across the Asia Pacific ...
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Bank loans down for 10th straight month, but recovery in sight

3 May 2021 - Singapore Business Review
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year. Singapore’s bank loans fell for the 10th consecutive month with a 0.2% drop in March—although this is the smallest decline in loan growth since the economic bellwether statistic turned negative ...
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OCBC, Standard Chartered lead LinkedIn Top SG Company rankings

29 Apr 2021 - Singapore Business Review
Professional network LinkedIn has ranked the top 15 companies that helped Singaporeans during the pandemic. Banking giants OCBC Bank and Standard Chartered Bank grabbed the top two spots in LinkedIn's 2021 Top Companies ranking for Singapore. The professional network ranked companies by how their products ...
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Market Update: STI up 1.01% as Asian markets rebound from losses

23 Apr 2021 - Singapore Business Review
The Straits Times Index reversed its losses, as it closed up by 31.72 points or 1.01% at 3,186.78 on Thursday. The reversal was similar across Asian markets, which bounced back from the sea of red recorded the previous day. Top performers for the day were ComfortDelGro with 2.29% or $1.79 in gains, DBS ...
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Singtel launches sustainability linked loan, worth $750m

23 Apr 2021 - Singapore Business Review
This is the largest SG-dollar denominated sustainability-linked loan in the country. The Singtel Group, through wholly-owned subsidiary Singtel Group Treasury Pte. Ltd. launched its first sustainability-linked revolving credit facility of $750m, the largest Singapore-dollar denominated sustainability-linked ...
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Better earnings seen ahead of Singapore banks' results: report

21 Apr 2021 - Singapore Business Review
UOB "may surprise" with better net interest margins and lower credit costs, one analyst has said. Signs of improved earnings momentum from better net interest margins (NIM), loan growth, wealth and trading income should be expected ahead of Singapore banks’ trading updates, a Maybank Kim Eng report noted. ...
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Proposed SINGA bonds unlikely to affect credit rating: OCBC

7 Apr 2021 - Singapore Business Review
The government plans to borrow $90b for infrastructure projects, the highest amount of potential borrowing in three decades. Parliament introduced a bill that would allow the government to borrow up to $90b for infrastructure projects. Projects funded by bonds issued from the proposed Significant Infrastructure ...
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