Too Many Malls in Singapore?
According to the latest data from the government, Singapore currently has over one hundred shopping malls spread across the island. Just along...
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Chip Eng Seng Wins Site at New Upper Changi Road
Chip Eng Seng Corporation Limited (CES) was declared as the winner for the 262,577 sq ft land site at New Upper Changi Road/Bedok South Avenue 3...
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DBS' Q4 Result In Line; Net Interest Margin Improvement and Steady Bad Debt Are Highlights
Narrow-moat DBS reported a good fourth-quarter result, which was in line with our expectations.Net profit was down 6% to SGD 1 billion against the...
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Spectacular Loss for HSBC
It’s as if the bank had no idea about the credit cycle in the first few quarters of last year. HSBC was expensing about US$700 million a quarter...
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DBS Moves to Loss in Greater China
The results for DBS could have been a lot worse. This is often a recurring theme with banks, as credit costs are limited in the hope of an ensuing...
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