DBS

Guidance on lower allowances this year  means higher profits and dividends for banks - THE EDGE SINGAPORE

Zest

Guidance on lower allowances this year means higher profits and dividends for banks

The local banks are likely to report better profits in 2021 as a result of modest income growth, lower provisions and lower costs
DBS expects positive returns from India within two years - THE EDGE SINGAPORE

Zest

DBS expects positive returns from India within two years

DBS's acquisition of Lakshmi Vilas Bank gives it a larger foothold in India.
DBS partners apparel maker Inditex to support India's organic cotton industry  - THE EDGE SINGAPORE

Environmental, Social and Governance

DBS partners apparel maker Inditex to support India's organic cotton industry

India is the world’s largest cotton producer but only 2% is organic now.
Koh Boon Hwee to step down as Chairman of NTU Singapore Board of Trustees after 28 years - THE EDGE SINGAPORE

Leadership

Koh Boon Hwee to step down as Chairman of NTU Singapore Board of Trustees after 28 years

Koh Boon Hwee has stepped down from his role as NTU chairman after 28 years at the helm of the Board of Trustees
Singapore's bank lending continued to grow for second month in December 2020 - THE EDGE SINGAPORE

Zest

Singapore's bank lending continued to grow for second month in December 2020

Singapore’s bank lending increased in December, thanks to the continued growth in housing loans.
Weakness sets in for some of STI’s components  - THE EDGE SINGAPORE

Right Timing

Weakness sets in for some of STI’s components

DBS and Keppel Corp have broken below their 50-day moving averages. Indicators suggest they are likely to head lower
STI consolidates as blue chips ease - THE EDGE SINGAPORE

Right Timing

STI consolidates as blue chips ease

A temporary retreat by DBS and other blue chips have caused the STI to remain locked in a narrow range
Banks look beyond Covid at challenges and opportunities ahead - THE EDGE SINGAPORE

Banks look beyond Covid at challenges and opportunities ahead

The local banks have navigated the Covid crisis, controlling credit costs, and NPLs, and are beginning to look for future growth

Sustainability

DBS, Google, Temasek and other companies launch Sustaintech Xcelerator to boost confidence in nature-based carbon credits

In addition, the Sustaintech Xcelerator will provide mentorship to selected applicants, as well as a grant of $50,000.
Blue chips pause, stymieing STI’s upward momentum - THE EDGE SINGAPORE

Right Timing

Blue chips pause, stymieing STI’s upward momentum

STI consolidates as DBS loses upward momentum, with a resumption in the rally likely towards the end of the year
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