News

Genting Singapore could turn to aggressive credit offerings to lure VIPs

The group had successfully expanded its VIP customer base over the past few quarters.

ComfortDelGro Corporation Q1 profits slipped 19.6% to $66.3m

Revenue from nearly all its businesses except public transport fell.

Ex-Genting Singapore finance vice president fined $50,000 for insider trading

Kunye Tagi sold shares whilst knowing non-public price-sensitive information about Genting's results.

Singapore's retail sales down 1.5% in March

Motor vehicle sales dropped due to the lower number of new and used cars sold.

Singapore invites new business models for moneylending

It will issue licenses for up to 16 outlets that will implement their business models.

Singapore Post recovers from loss as Q4 profit hit $40.09m

It was boosted by the growth of its postal and logistics segments.

ST Engineering Q1 profits up 17.8% to $117.7m

It was supported by growth across all sectors except marine.

Weakness looms for ThaiBev's earnings as Thailand stays sober

Beer production in the country continued its rate of decline at -5%.

Daily Briefing: Home buys without CPF savings could slash prices by 10-20%; Analysts bullish on HDB resales

And Singapore's tourism chief exits with a historical record of tourism receipts worth $26.8b.

Chart of the Day: OCBC and UOB's domestic bad loans dipped in Q1

Moody's said this could boost their asset performance in the coming quarters.

Wilmar International Q1 profit crashed 40.6% to US$203.28m

It blamed the operating difficulties in its Tropical Oils business and seasonal sugar losses.

Genting Singapore Q1 profit up 20% to $217.19m

Its gaming revenue was boosted by its mass and premium mass businesses.

Goldilocks pushes Noble to reveal terms with financial adviser

The fund said the company should reveal the scope of work the adviser will be studying.

How will Malaysia's elections shocker affect bilateral ties with neighbour Singapore?

Analysts are divided on the impact of the new leadership, but some said key infrastructure policies need to be watched.