News

Hongkong Land 2017 profits up 14% to $1.28b

Hongkong Land 2017 profits up 14% to $1.28b

They were boosted by higher rental income and development profits from China.

Singapore to renew Bukit Panjang LRT for $344.25m

The 19-year-old light rail vehicles will be replaced whilst the two-year-old LRVs will be upgraded.

Top 1000 SMEs profits down 17.1% to $2.9b in 2017

Slow GDP growth and weak global trade are among the challenges that plague SMEs.

Growth of Singapore's women start up founders slowed down to 22%

They are weighed down by their protracted challenges in achieving work-life balance.

SGX RegCo pushes Noble to hire financial advisor

The advisor will look into shareholding structure concerns in Noble’s debt restructuring plan.

CityDev builds fund manager to accumulate $6.57b assets

It wants a constant income stream with less reliance on capital appreciation.

Jardine Matheson Holdings profit up 51.22% to $5b in 2017

Its profits from Mainland China grew 18% thanks to land and manufacturer acquisitions.

Chart of the Day: 25% of home sales were from non-Singaporeans

They bought 1,324 private condo units, a 0.7% dip in the sales volume.

7 in 10 female expats eye Singapore for improved income

Over half of female expats also think it is the best for work culture and personal fulfilment.

Jardine Strategic Holdings profit surged 49.17% to $10.84b in 2017

Jardine Matheson’s profit contribution rose to $491.04m or 4.5% of the total.

DairyFarm profits down 13.97% to $532.62m in 2017

Operating profit for its businesses fell after recognising $84.48m of business change costs.

MAS slams financial advisors' mass firm-hopping

It launched a public consultation for four measures that could address this.

Bangladeshi power producer eyes SGX listing

Whilst the deal is only set to be modestly sized at US$300m, analysts see this as sign of SGX's enduring appeal in luring new Asian listings.