annual report

Despite earnings increase, Singtel's CEO is seeing a lower salary - THE EDGE SINGAPORE

Telecommunications

Despite earnings increase, Singtel's CEO is seeing a lower salary

Despite doing well for FY2023, Singtel's share price stays muted, while its CEO's salary drops.

Company in the news

Don Agro enters the flour market, starts cultivating new protein-rich crops

Don Agro's expansion strategy is targeted on reducing dependence on wheat and the corresponding harvesting costs.
DBS CEO Piyush Gupta's salary grew by 13.3% y-o-y to $15.38 mil in FY2022 following 'breakout year' - THE EDGE SINGAPORE

Zest

DBS CEO Piyush Gupta's salary grew by 13.3% y-o-y to $15.38 mil in FY2022 following 'breakout year'

"[In 2023], I believe Asian markets, having underperformed US markets over the past two years, will lead the upturn,” says Gupta.
DBS CEO receives big pay hike to $13.58 mil for FY2021 following record year - THE EDGE SINGAPORE

Zest

DBS CEO receives big pay hike to $13.58 mil for FY2021 following record year

For FY2021, the bank reported record earnings of $6.8 billion, up 44%.

Corporate moves

Singtel reiterates new strategy moving forward

Singtel reiterates its strategic reset plans in its latest annual report.

Results

Expect lower portfolio real returns in the coming years: GIC

SINGAPORE (July 10): Singapore’s sovereign wealth fund, GIC, has reported an annualised real return of 3.7% above global inflation for its portfolio over the 20-year ended March 31.
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