finance

Kimly more than doubles 1H21 earnings to $22 mil, declares interim DPS of 0.56 cents - THE EDGE SINGAPORE

Results

Kimly more than doubles 1H21 earnings to $22 mil, declares interim DPS of 0.56 cents

Catalist-listed Kimly posted a 106.2% y-o-y increase in earnings to $21.7 million for the 1HFY2021 ended March, from $10.5 million previously.

The risk of doing nothing is greater than ever - THE EDGE SINGAPORE

Tech

The risk of doing nothing is greater than ever

When the Covid-19 pandemic began, many finance and accounting organizations were still getting used to change as the new normal.

EC World Asset Management appoints new CFO - THE EDGE SINGAPORE

REITs

EC World Asset Management appoints new CFO

EC World Asset Management, the manager of EC World REIT, has announced the appointment of Wang Feng as their new Chief Financial Officer. 

Funds

UOB Venture Management launching second Asia impact fund in 2H

SINGAPORE (June 10): UOB Venture Management (UOBVM) says it intends to roll out its second impact fund, the second series of the Asia Impact Investment Fund (AIIF II), to global institutional and a

Corruption probe

NGSC reports former directors to police over $1.1 mil of suspected unauthorised payments

SINGAPORE (June 4): NGSC says it has lodged a police report against two of its former directors for their alleged involvement in suspected unauthorised payments amounting to $1.1 million.

Startups, Entrepreneurs, Digital economy

New UOB-Mastercard partnership targets SMEs with free golf club access, hotel & dining perks

SINGAPORE (May 28): United Overseas Bank (UOB) and Mastercard today announced the launch of the UOB Regal Business Metal Card, the region’s first World Elite Mastercard metal card for small- and me

Broker's Calls

Singapore banks to shine despite regional macros, competition from fintechs: Maybank

SINGAPORE (Mar 18): Maybank Kim Eng is keeping “positive” on Singapore’s banking sector while noting significant interest among Malaysian investors in Singapore banks from a flight-to-quality angle

Malaysia

Malaysia's stock market is Asia's only loser of 2019

KUALA LUMPUR/SINGAPORE (Mar 12): The euphoria following Malaysia’s historic election last May has faded, leaving its stock market as Asia’s only one in the red this year.

Broker's Calls

Analysts shave UOB forecasts on operating challenges & limited upside, but remain positive at 'buy'

SINGAPORE (Feb 25): Jefferies and OCBC Investment Research are maintaining their “buy” calls on United Overseas Bank (UOB) with a target price and fair value of $30 and $28.30, respectively, even a

Careers & Training

Local talent can expect a 12-15% salary hike when switching jobs this year, says recruiter

SINGAPORE (Feb 20): In spite of government projects that suggest a slight drop in hiring growth this year, recruitment specialist Michael Page is expecting job growth to continue its steady momentu

×