|Bid||21.43 x 0|
|Ask||21.51 x 0|
|Day's range||21.39 - 21.53|
|52-week range||14.80 - 22.25|
|PE ratio (TTM)||12.69|
|Earnings date||6 Nov 2017|
|Dividend & yield||0.43 (2.84%)|
|1y target est||22.95|
Sembcorp Marine sold 15 rigs to Borr Drilling for US$1.3b. This chart from DBS Bank shows the sales volume of oil rigs have risen from 20 units to 26 units in Q2. Amongst the units sold in Q2, 15 were ...
By Shanima A Oct 10 (Reuters) - Southeast Asian stock markets trod water on Tuesday as investors steered clear of riskier assets ahead of the release of the Federal Reserve's September meeting minutes ...
It can build cash management structures in different currencies. DBS has launched DBS Treasury Prism, an online cash management simulation tool for chief financial officers (CFO) and corporate treasurers. DBS said the Treasury Prism's features were derived from in-depth interviews with over 50 CFOs, corporate treasurers and finance professionals.
By Aaron Saldanha Sept 29 (Reuters) - Indonesian shares rose a little over 1 percent on Friday, as signs that the country's central bank was moving to pause on rate cuts lifted financials, while Thailand ...
By Aaron Saldanha Sept 29 (Reuters) - Most Southeast Asian stock markets traded flat to higher on Friday, but were on track to close the week lower on capital outflows as rising possibilities of a U.S. ...
By Binisha Ben Sept 18 (Reuters) - Philippine shares hit an all-time high on Monday, while other markets in the region were cautious at the start of a week in which the U.S. Federal Reserve is likely to ...
Over 85 young professionals will be trained. DBS and Infocomm Media Development Authority (IMDA) partnered to introduce a fintech training programme under the government-led TechSkills Accelerator (TeSA) ...
By Binisha Ben Sept 15 (Reuters) - Philippine shares closed at a record high on Friday in their fourth straight session of gains, while most other Southeast Asian stock markets edged up, recovering from ...
By Binisha Ben Sept 15 (Reuters) - Most Southeast Asian stock markets edged down on Friday, in line with broader Asia, as North Korea's latest missile launch caused a mild flutter among investors. Pyongyang's ...
This brings total bonds to $28.8b YTD. Primary bond offerings from Singapore issuers hiked by 3.8% YoY to $9.9b (US$7.3b) YTD. According to Thomson Reuters, this brings total Singapore-issued bond offerings ...
It will install solar panels in its offices and apply for renewable energy certificates. DBS commits to using 100% renewable energy for its operations after it joined the RE100 global renewable energy campaign. The bank set to reach the target by 2030 and extend it to its global operations.
It will use SWIFT Global Payments Innovation (gpi). DBS Bank implemented a cross-border payments system using SWIFT Global Payments Innovation (gpi) that has end-to-end tracking. According to a press release, this will help corporates and small to medium enterprises (SMEs) become more efficient in cash management and end struggles with banks that have different processing times.
The recent rise in development charge (DC) for residential condominiums by 13.8% could cause breakeven prices to rise by 1-4%, according to DBS. Majority of en-bloc transactions made in 2017 are already pricing in around a potential 6-18% increase in property prices to break even, based on the previous DC rates. Sector 100 posted the largest increase, which covers Tampines Road, Hougang, Punggol, and Sengkang area.
It plans to build 75-90 branches in India. DBS received approval from the Reserve Bank of India (RBI) to convert its Indian franchise into a wholly-owned unit. According to an OCBC report, DBS intends to open about 75-90 branches in India in the coming years.
It follows digibank’s success in India last year. DBS Bank launched a mobile banking service in Indonesia in an attempt to tap the country's mobile-savvy demographic. According to a press release, the service will be paperless and signature-less and will be powered by an Artificial Intelligence (AI) virtual assistant.
Dividend plays have been the central theme in equity investments over the past few years owing to the extremely low-interest rate environment. Despite the increase in Fed funds rate since last year, dividend plays continue to hog the limelight without abating as investors continue to view “risk-free instruments” and even bonds as less attractive to high-yield paying stocks. Do high yield stocks necessarily mean that they are superior stocks?
DBS Group Holdings Ltd believes that the oil and gas sector has several obstacles to overcome. By the end of 2015, oil prices were down below US$40 per barrel. DBS Group provides financing for companies within the oil and gas sector.
DBS Group Holdings Ltd. (DBSH) has successfully priced the issue of US$500m floating rate green bonds due 2022 under its US$30b Global Medium Term Note Programme. According to the group's announcement filed on Singapore Exchange, the bonds will bear a quarterly coupon of 3-month USD London Interbank Offered Rate of 0.62%. "The net proceeds from the issue of the Bonds will be used for the finance and treasury activities of DBSH, including the provision of intercompany loans (or other forms of financing) to DBS Bank Ltd. and its subsidiaries," the group said in its announcement.
This would be the first offshore issue of this kind from a Singapore issuer. Reuters reported that DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar ...
From Yahoo!: Over the past year, Singapore-based Surbana Jurong has signed a series of collaboration and partnership agreements with various companies. The latest was on May 25, when it announced a partnership with Moshe Safdie of Boston-based Safdie Architects. Safdie is renowned for the projects he has designed in Singapore — Marina Bay Sands, Jewel at Changi Airport and Sky Habitat in Bishan.
He hails from the bank which missed its 12% ROE target. According to a report from Bloomberg, DBS Group Holdings Ltd chief executive officer Piyush Gupta saw his compensation fall last year more than his ...
Singapore banking giant DBS Group Holdings cut at least 12 roles across Asia at its brokerage unit, the latest bank to shrink its trading desk as volumes slump. According to a report by Bloomberg, DBS Vickers Securities is rationalizing its institutional business unit as it seeks to be “more competitive and responsive to market changes.” Those will be affected will then be offered opportunities to be redeployed within the bank.
Recently acknowledged World's Best Digital Bank DBS opened the doors of DBS Asia X (DAX), a 16,000 sq ft innovation space that has project pods and spaces, journey rooms, co-working spaces for up to 100 people as well as an auditorium and cafe. The innovation facility is located at the Sandcrawler Building in Fusionopolis. This came with the inaugural launch of the week-long Singapore FinTech Festival.
Thanks to 8% higher income. DBS Group reported net profit of $1.07b for 3Q16, little changed from a year ago. An 8% rise in total income to $2.93 billion as well as cost containment resulted in a 19% increase ...