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Parkson Retail Asia’s net profit jumps 28% to S$27m in 1H12
Parkson Retail Asia’s net profit jumps 28% to S$27m in 1H12
The surge in profit was largely driven by the group’s opening of new stores and the inclusion of its operations in Indonesia.
Tiger announces services between Singapore and Kochi
Tiger Airways will now serve five destinations in India.
DBS’ POSB to open branch in community club
The first bank in Singapore to have a branch presence in a community club, POSB will set foot within Zhenghua.
CSE issues profit warning on 4Q11 results
As revenue from its engineering contracts turned out lower than expected for the quarter.
Otto Marine bags US$21m charter contract in Africa
“Beluga 1” will be operated by Global Workboats and be deployed off the coast of Nigeria.
FSL Trust torpedoed by major lease defaults
Lessees have been given an ultimatum to pay until March 8 or risk repossession of the chartered vessels.
DBS launches inaugural Marina Regatta
The regatta wll be the country’s first international dragon boat competition in 12 years.
SATS’ net profit plunges 25% to $38.2m in 3Q12
The group suffered a $5.5 million loss from the disposal of Daniels in the UK.
Keppel and ConocoPhillips to design first jackup rig for the Arctic Offshore
The ice-worthy jackup rig will be operating in one of the harshest marine frontiers, the Arctic Seas.
OSIM’s net profit jumps 38% to S$69m in 2011
The surge in revenue was driven by the launch of its new products.
Will oversupply work to STX OSV's advantage?
The Main Board-listed shipbuilder holds the premium ace amid a sea of other OSV makers, says OCBC.
DBS forms a Taiwan subsidiary
It was created as part of a so-called greater China strategy.
Swiber Holdings off to a great start with US$216m worth of contracts in 2012
Its Middle East joint venture has also secured a contract win amounting to over US$38 million.
Eu Yan Sang reels from S$3m blow in 2Q12
As it’s 1H12 net profit plunges 78% to a pitiful S$2 million.
SMX creates world's first Black Pepper futures contract
This is also the first agricultural commodities futures contact for the exchange and will begin trading February 10.
BBR Holdings clarifies issue on poor sales of its high-end apartments
BBR clarifies a Business Times article, saying it’s not the only one struggling in property development.
Sino Construction issues profit warning on FY11 results
As revenue from its newly acquired thermal plant operator RELI fell short of expectations.
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