SINGAPORE: Singapore’s three biggest local banks — DBS Group Holdings, Oversea-Chinese Banking Corp, and United Overseas Bank — have been among the best-performing stocks in the Straits Times Index over the past year. Now, the prospect of higher provisions for non-performing loans (NPLs) could weigh heavily on these counters.
Shippers see temporary lull in exports
Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...