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Banyan Tree profit up to S$0.6m

Banyan Tree profit up to S$0.6m

This is a rebound from the S$7 million loss in the second quarter of 2011.

Oakwell Engineering sells Oakwell-Breen stake

Oakwell Engineering Limited disposed of the entire 51% interest in the share capital of Oakwell-Breen Pte Ltd.

Otto Marine issues profit warning

The Group is expected to report a loss for the second quarter amidst less new orders.

Singapore River One gears up for revamping the river

SRO will execute a five-year business plan to revive the precincts along SIngapore river and attract visitors.

Tiger Airways grabs top spot in TripAdvisor advertising challenge

The low-cost carrier will receive USD 100,000 worth of media value.

Mewah profit up 3.8% to $6.3m

The second quarter saw improved operating margin for the agri-business group.

UOL arm acquires Bright Hill Drive for S$291.5m

UVD has already deposited S$15.2 m to HDB for the 144,636 sq ft site.

Rotary suffers S$46m cost over-run

One cause was the civil subcontractors’ failure to cope with schedule, and more were subsequently appointed at higher costs.

Midas warns of losses

Reasons include lower revenue and higher operating expenses and finance costs.

Yangzijiang Shipbuilding addresses order cancellations

Three vessels have been re-sold while potential buyers are being sourced for the remaining units.

MasterCard cardholders fork out US$1.4b on Great Singapore Sale

It was a 7.7% increase from last year's US$1.3 total spend.

Pacific Andes profit flat at HK$618.8m

Management admitted that the catch volume from the South Pacific is not up to expectations.

Valuetronics shoves further losses

Management decided to cease its loss-making Licensing business.

Manchester United 'loses' after dumping Singapore

Analyst says the club’s IPO might have fared better in Asia.

Singapore joins probe against JPMorgan

The US’ largest bank is now under investigation by at least 11 enforcement bodies.

Singapore court orders US firm to pay up

The biggest agricultural company in the US is forced to pay a trader overdue bonuses.

Project-packed Ezion Holdings could seek more funding

Sale-and-leaseback is one possible option, says Maybank Kim Eng.