DBS Bank

Singapore bank share prices to drop on higher NPL, says JPMorgan - THE EDGE SINGAPORE

Broker's Calls

Singapore banks' share prices to drop on higher NPL, says JPMorgan

JPMorgan expects that NPLs will weigh on Singapore's banks' share prices

Global Economy

Briefs: Smaller rate hikes expected ahead, says Fed chair Powell

In other news, MAS's Ravi Menon says Singapore can absorb record inflows of new money; DBS to tap into new digital asset platform.

Broker's Calls

CGS-CIMB ‘overweight’ on banking industry with DBS as preferred sector pick

Choong and Lim raise Singapore banks’ earnings per share (EPS) by around 1% to 4% in FY2022 to FY2024
DBS partners The Sandbox to create metaverse platform DBS BetterWorld - THE EDGE SINGAPORE

Metaverse

DBS partners The Sandbox to create metaverse platform DBS BetterWorld

This makes DBS the first bank in Singapore to make a foray into the metaverse.
Singapore banking sector may hold ‘upside surprises’: PhillipCap - THE EDGE SINGAPORE

Broker's Calls

Singapore banking sector may hold ‘upside surprises’: PhillipCap

Bank interest rates continued to climb, hitting their highest levels in a decade.
Digital banks unveiled, incumbents respond with higher interest rates - THE EDGE SINGAPORE

Disruption and Digitalisation

Digital banks unveiled, incumbents respond with higher interest rates

The digital banks’ maiden products are putting them in direct competition for funds with the incumbent local banks and the QFBs.
Strong line-up of events to support Singapore's reopening - THE EDGE SINGAPORE

Investing strategies

Strong line-up of events to support Singapore's reopening

The strong recovery in the MICE industry is expected to help boost Singapore's reopening.

Property

DBS sells Tee International's Changi North Crescent property to Applied Materials South East Asia

The total sale consideration of the property was based on the fair value of the property’s $18 million.
Over 70 firms to help enhance supply chain efficiency via Singapore's trade data sharing platform  - THE EDGE SINGAPORE

News

Over 70 firms to help enhance supply chain efficiency via Singapore's trade data sharing platform

Also, DBS has completed its first live transaction on SGTraDex to help digitalise the bunker trade ecosystem and foster trust.
Fresh Off The Block: DBS abandons retail crypto plans, Axie Infinity launch delayed and more - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off The Block: DBS abandons retail crypto plans, Axie Infinity launch delayed and more

Fresh Off The Block: DBS abandons retail crypto plans, Axie Infinity launch delayed and more
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