Singapore
Netlink NBN earnings fizzled by lower installation revenues in FY18
Netlink NBN earnings fizzled by lower installation revenues in FY18
Blame sluggish project deployment that pulled revenues down to $228.6m.
Singapore investors ramp up cross-border commercial real estate activity in Q1
Trade volumes in the Singapore to Australia routes ballooned 141% to $3.5b.
Cairnhill Astoria up for en bloc sale at $196m
The site can be redeveloped to offer about 200 540-sqft apartments.
SIA Engineering full-year profits crashed 44.61% to $184.1m
It sold its 10% stake in Hong Kong Aero Engine Services.
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
ThaiBev half-year profits down 35% to $387.25m
The weak performance of its spirits and beer businesses pulled profits down.
Keppel sells 5 jackup rigs to Borr Drilling for $1b
It expects 1 rig to be delivered in 2019 and 4 others in 2020.
Daily Markets Briefing: STI down 0.62%
Don't expect gains today.
Chart of the Day: Can Singapore banks handle credit growth in 2018?
Loan/deposit ratios remained below 100%, allowing the banks to accommodate credit growth.
Daily Briefing: Carousell to launch digital wallet; Singapore-grown SEA's e-commerce losses doubled
And here's what you could have missed on Noble's debacle with shareholders and creditors.
GIC, Frasers Property, and JustCo invest $237.89m to develop co-working spaces
The investment will help JustCo expand into eight other Asian countries.
Banks are at the forefront of Singapore's future-ready upskilling charge
OCBC recently rolled out a massive upskilling programme powered by a $20m investment to be made available for its 29,000 employees.
Wilmar looks to rice and flour to offset soybean business weakness
It is looking to grow its rice and flour segment, which accounts for 10% of the oilseeds and grains.
ERA Realty Network launches Grab-like feature for property agents
Users can search and choose online agents that they can connect with in real time.
SIA passenger load factor up 1.9 ppt to 82.7% in April
Its passenger carriage of 8.6% beat capacity injection at 4.3%.
Noble Group Q1 losses shrank 45% to US$71.55m
Disposal of its assets resulted in the retirement of US$3b revolving credit facilities.
LTA to buy 100 3-door buses
They will be deployed on the road in 2020.
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