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DBS Bank

‘Malaysian people defrauded on a massive scale’: FBI on 1MDB scandal

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US federal prosecutors filed a civil lawsuit on July 20 in order to seize more than $1 billion in assets they believe were obtained...
Singapore IPO market shrinks 72% in first half of 2014

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Companies raised $773.6 million on the Singapore Exchange during the first six months of the year, down from $2.77 billion during the same time...
Offshore marine firm POSH may raise $311m in Singapore

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PACC Offshore Services Holdings (POSH) could raise at least $311 million after pricing its initial public offering (IPO) near the bottom of the pricing...
Push for Islamic finance in ASEAN to lure Gulf investors

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There have been moves recently to strengthen Islamic finance in the Association of Southeast Asian Nations, or ASEAN, which were spearheaded by the country...
Indonesia’s economy gets some relief

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Indonesia on October 1 reported a surprise trade surplus for August 2013, its first in five months, offering some relief to the ailing rupiah,...
Largest SE Asia banking deal reviewed

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The largest banking deal in Southeast Asia ever, Singapore's DBS bank's planned acquisition of a major stake of Indonesia's Bank Danamon, is in limbo,...
Philippine Q2 growth seen at 8%

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The Philippines' strong economic growth is set to continue in the second quarter 2013 after hitting a record high in the first three months...

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Singapore's DBS Group has declared on April 2 that is going to buy Indonesia's Bank Danamon for $7.3 billion in a deal which is...