JAKARTA] Indonesia is preparing its third stimulus package this year in a bid to keep the economy growing near the 5 per cent ...

SINGAPORE] The trio of local banks will likely post weaker results for the second quarter of 2025, weighed down by lower net ...

DBS Group Holdings , Southeast Asia's biggest bank, has agreed to pay $7.24 billion for Indonesia's Bank Danamon , offering a 52 percent premium for a middle-ranking lender with high funding costs, ...

DBS launched a $7.2 billion takeover bid for all of Danamon last year, but the deal was thrown into limbo when the central bank, Bank Indonesia, announced new guidelines capping single ownership ...

Now a Singapore citizen, Gupta has spent a large part of his career in India and Southeast Asia, areas where DBS is keen to grow. Those who know him say he is meticulous and hardworking but some ...

DBS Group Holdings Ltd., Southeast Asia’s largest bank, said it will retain the Danamon brand after buying the lender amid Indonesian concern that financial firms could lose their national ...

HANOI, April 1 (Reuters) - Singapore bank DBS Group DBSM.SI said on Thursday it has co-led a group of lenders in a $625 million financing deal for a battery nickel and cobalt project in Indonesia.

DBS will open a new mobile-only bank in Indonesia in the early part of the second quarter of 2017 to promote a more digital, branchless and signature-less experience for its customers in this market.

DBS Group Holdings Ltd. Chief Executive Officer Piyush Gupta, pulling his $6.5 billion bid for PT Bank Danamon Indonesia, said his ambitions in Southeast Asia’s largest economy may be set back ...

SINGAPORE (Reuters) – After two years of hard work to improve Singapore’s largest bank and lift its underperforming Hong Kong unit, DBS Group chief executive Piyush Gupta is embarking on his ...

DBS, which earns the bulk of its revenue from Singapore and Hong Kong, currently has a small presence in Indonesia. Temasek's 68 percent stake in the Indonesian lender is valued at around $3.2 ...

DBS had record net profit of more than S$3 billion ($2.39 billion) last year and ranked top earlier this year in customer satisfaction among the city-state’s financial institutions in a survey ...