News
Genting Singapore’s net profits crash 83% to $10.8m in Q1
Genting Singapore’s net profits crash 83% to $10.8m in Q1
On back of weak regional economic outlook.
SIA’s FY16 net profit skyrockets 95% to $701.6m
Cheap fuel boosted yields.
ThaiBev’s net profit jumps 30% to $333m in Q1
Thanks to contributions from spirits, beer segments.
Chart of the Day: Services rescue Singapore as manufacturing falters
Financial services is a key growth pillar.
Daily Markets Briefing: STI down 0.4%
Brace for a pullback today.
Daily Briefing: SIA goes head-to-head with Emirates for passenger loyalty; HNA to bag CWT shares
And commercial property investment crashes 66%.
ST Electronics, SUTD unveil $44.3m cyber security laboratory
It's the first corporate lab to focus on cyber threats.
Overall retail sales down 1.4% in March
Due to a drop in car deals.
ABS toughens due diligence guidelines for future SGX listings
It aims to improve the quality of issuances.
SGX rolls out half-yearly update on long-suspended companies
Some firms are mulling a reverse takeover.
UOL's net profit up 4% to $77.1m in Q1
Due to higher property development revenue.
ComfortDelGro's net profit up 8.6% to $73.4m in Q1
Thanks to higher revenue from most business segments.
Olam's operating profit down 5.5% to $126.1m in Q1
Due to lower selling prices.
ST Engineering’s net profit down 15% to $110m in Q1
Due to lower revenue from land systems, marine.
Noble Group's net profit tumbles 62% to US$40.5m in Q1
Blame it on weaker margins.
Singapore Airlines' net profit more than doubles to $804m in FY16
Lower fuel costs made up for weaker yields.
Chart of the Day: See the rapid slide of Singapore's working-age population growth
Growth will hover at less than 0.5% by 2020.
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