The headlines are cheering for a profit “edge up,” but the forensic math shows the banks are running out of runway to squeeze their margins.
If you walked into the Woodlands North Coast kopitiam early this morning, the vibe was noticeably cautious. The uncles at the corner table weren’t arguing about the latest football results; they were squinting at their phones, comparing the latest OCBC dividend announcement to the price of their increased $3.50 bee hoon.
