Company Overview and News

 
Sembcorp starts commercial operation of 225-MW Myanmar power plant

2018-10-10 businesstimes.com.sg
SEMBCORP Industries on Wednesday announced that its 225-megawatt gas-fired Sembcorp Myingyan Independent Power Plant (IPP) in Mandalay, Myanmar, has successfully commenced full commercial operation following its first phase operation in May this year.
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OCBC Wing Hang Bank aborts sale of 33.3% stake in Hong Kong Life Insurance

2018-10-01 theedgemarkets
SINGAPORE (Oct 1): Oversea-Chinese Banking Corporation (OCBC Bank) says the sale of its 33.33% stake in Hong Kong Life Insurance has been terminated.
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OCBC says sale of Hong Kong Life Insurance cancelled

2018-10-01 channelnewsasia
SINGAPORE: Oversea-Chinese Banking Corp (OCBC) said on Monday (Oct 1) that a planned sale of Hong Kong Life Insurance to investment firm First Origin had been called off after the buyer failed to meet certain conditions before a Sep 30 deadline.
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STI rebounds 1.8%, Vividthree debuts and buybacks tally declines

2018-09-30 businesstimes.com.sg
FOR the five trading sessions ended Sep 27, the Straits Times Index (STI) climbed 1.8 per cent, with the Nikkei 225, Hang Seng and S&P/ASX 200 Indices averaging a 0.3 per cent gain.
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SPH, Keppel said to mull buyout of US$1.1b carrier M1

2018-09-26 theedgemarkets
KUALA LUMPUR (Sept 26): Singapore Press Holdings Ltd and an arm of Keppel Corp are considering making a general offer for the shares they don’t already own in the city-state’s smallest wireless operator, M1 Ltd, people with knowledge of the matter said.
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Fintech a necessity not a competitive advantage for OCBC

2018-09-25 theedgemarkets
SINGAPORE (Sept 25): The digital transformation efforts of Oversea-Chinese Banking Corp is a necessity rather than a competitive advantage for the lender.
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Are Stocks In This Rich Country As Cheap As They Look?

2018-09-19 seekingalpha
Singapore is small but exceedingly wealthy, with rock-solid government finances. It's also in a strategic location in Asia, the world's fastest-growing region. The stock market is down this year and the index looks attractively priced… on the face of it. Is now a good time to buy Singaporean stocks?
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SGX sees share buyback boom: Why and what does it mean for investors?

2018-09-12 channelnewsasia
SINGAPORE: Singapore-listed companies have been repurchasing more of their own shares this year, with stock buybacks hitting a near three-year high last month, and analysts think this trend could continue for the rest of 2018 amid a volatile market.
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Cautious; Philippines falls for 6th session

2018-09-12 theedgemarkets
(Sept 12): Southeast Asian stock markets ended on a cautious note on Wednesday, as broader Asian peers hit a 14-month low, amid worries of intensifying Sino-U.S. trade war, with Philippine shares extending losses to a sixth straight session.
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Most SE Asian stocks fall; Indonesian shares slide as rupiah slumps

2018-09-04 theedgemarkets
BENGALURU (Sept 4): Indonesian shares slid and most other Southeast Asian markets slipped on Tuesday as Argentina's austerity measures rattled emerging markets and led to steep losses in most Asian currencies.
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6
Wealth Managers Getting `Crazy' Pay Hikes to Defect in Asia

2018-09-03 theedgemarkets - 1
Competition to manage the money of Asia’s burgeoning army of millionaires has pushed pay hikes for wealth managers to the highest in more than a decade. Those willing to jump to a rival are getting increases of 30 percent or more in Hong Kong and Singapore, according to private bankers and recruiters.
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Beware of DBS, OCBC phishing scams: Police

2018-08-30 channelnewsasia
SINGAPORE: Several people have been cheated into providing their personal information and credit card details on phishing websites or over the phone, after responding to online advertisements or SMSes purportedly sent out by DBS Bank and Oversea-Chinese Banking Corporation (OCBC).
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OCBC Malaysia banks on cautious but continued growth

2018-08-29 theedgemarkets
IT will be a challenging year for banks, but OCBC Bank (Malaysia) Bhd (OCBC Malaysia) is optimistic it can grow its earnings for the second straight year after hitting a record high last year.
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Stubbornly strong Singapore dollar signals new inflation battle

2018-08-28 theedgemarkets
SINGAPORE (Aug 28): Singapore’s dollar is approaching the upper boundary of its trading band as speculation mounts that the central bank will boost the exchange rate for a second time this year to combat inflation.
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Stubbornly strong Singapore dollar signals new inflation battle

2018-08-28 malaymail
SINGAPORE, Aug 28 — Singapore’s dollar is approaching the upper boundary of its trading band as speculation mounts that the central bank will boost the exchange rate for a second time this year to combat inflation.
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