The Business Times
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Renald Yeo

Renald Yeo

JOURNALIST

Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.

emailyrenald@sph.com.sg
Andrew Lee, chairman of OCBC (right), and group chief executive Tan Teck Long speaking at Thursday's (Apr 16) AGM.

Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman

The lender instead allocates half that amount to a two-year capital return plan

Across the broader market, gainers outnumber losers 380 to 201.

Singapore stocks edge up 0.3% on Friday to end week higher

The STI is up 12.33 points to 4,989.41

Liaw Yit Ming, co-founder and CEO of FHH, says markets under consideration include Kuala Lumpur and Hong Kong.

Just what the doctor ordered: Foundation Healthcare, backed by Temasek’s Seatown, eyes regional push

It will consider new equity for expansion via acquisitions or greenfield projects

Across the broader market, losers outnumber gainers 325 to 252, with 1.5 billion securities worth S$2 billion traded.

Singapore stocks fall on Thursday, tracking regional decline; STI down 0.4%

Losses are led by the local banks, which all finish in the red

Several Asian currencies have weakened against the US dollar over the past month.

Oil rout gives Asian currencies some breathing room – if Middle East ceasefire holds

But lower prices alone may not be enough to drive a sustained recovery, analysts say

Elaine Heng, head of global commercial banking at OCBC, says: “We’re seeing this very strong momentum, and it’s very encouraging.”

OCBC ups ante on SME sustainability with S$25 billion financing target

This is the first time an Asian bank has set a dedicated sustainable finance goal for the segment

FoodXervices is run by third-generation siblings Nichol Ng (pictured) and Nicholas Ng.

Singapore’s FoodXervices – long-time supplier to F&B sector – calls it a day after 92 years

It is unclear how this will affect previously signed MOUs, including one inked three weeks ago with SBF

More than 10 shareholders posed questions to DBS’ board at the in-person AGM.

DBS’ Tan Su Shan flags second-order risks from Middle East conflict despite limited exposure

Automotives, shipping and small businesses in focus as the lender tracks knock-on effects from prolonged tensions

DBS says it has a "robust" set of frameworks and processes in place to manage risks from the Middle East conflict.

Safe-haven inflows lift deposits amid Middle East conflict, but risks remain: DBS

The bank is responding to queries ahead of its AGM on Mar 31

Today, Tiger Beer is brewed in multiple markets to serve local demand.
COMMENTARY

Tiger Beer, brewed in Vietnam – but still Singaporean?

If the national tipple is no longer brewed here at scale, what anchors its Singapore identity?

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