Singapore
Singapore Markets Morning Briefing - what you need to know for Thurs April 19, 2012
After breaking through the 3000 level, the STI is set for some downside following retreat on Wall Street and Nikkei’s poor start.
Singapore Markets Morning Briefing - what you need to know for Thurs April 19, 2012
After breaking through the 3000 level, the STI is set for some downside following retreat on Wall Street and Nikkei’s poor start.
Keppel Land's net profit up by 70.3%
Property trading, with gains tripling to $133.4 million, contributed largely to the overall earnings.
Singapore sinking fast in productivity
It joins Vietnam and Thailand as Asian countries with the highest falls in total factor productivity over the past decade.
SGX enhances clearing process
Operational efficiency should increase and errors reduced with the recent link upgrade to its OTC broking systems.
CapitaMall Trust yields S$76.6m distributable income
Atrium@Orchard's enhancement works are also paying off with occupancy improved to 96%.
URA implements changes in Housing Developers Rules
New rules include providing more information on housing projects and property before issuing option-to-purchase.
Bank Sarasin appoints new Credit Management Head
Janice Lee previously worked with Clariden Leu as chief credit officer.
Hotel owners happy in Singapore?
They must be with revenue per available room up more than 19% in January and February.
Manhattan Resources' Executive Director resigns
Lee Kok Choy found the position difficult to perform in the long run.
Sun East Group's Director resigns
Zhou Jiamin was also Chairman of Remuneration Committee, Member of Audit Committee and Member of Nominating Committee.
Ascendas REIT's net profit interest up by 13.2%
Their distributable income also grew 27.2% to S$71.9m.
Singapore Exchange's net profit rose by 16%
The S$77.8m reported income lagged just a little behind the consensus estimate of S$78m.
Caged growth for Tiger Airways?
Trouble from down under caused a 20% drop in Tiger Airways' passenger numbers.
ST Engineering bags S$880m contract
The commission to build four patrol vessels for the Royal Navy of Oman is STE's largest contract in years.
Chart of the Day: Property investment sales fall
The drop was led by the 55.3% decline in private sector sales in the first quarter of 2012.
Keppel Telecommunications and Transportation profit up 4%
Revenue increased to $33.6 million, 11% higher than the corresponding period in 2011.
Currency Briefing - what you need to know for Wed April 18, 2012
Improved trader sentiment pushed the Singapore dollar to $1.2477 against the US dollar.
Read Here
Advertise
Sign Up
Commentary
Singapore Companies Eye Vietnam to Navigate Manufacturing Shifts, Green Transition, and the AI Revolution