News
Wave of relaunches expected to hit the property market in 2015
Sales volumes will pick up after the lunar new year.
Yangzijiang bags $183m LNG carrier contract
It’s diversifying into the LNG market.
ARA Asset Management's net profit up 18% to $87.5m in FY14
Thanks to higher REIT management fees.
SIA’s systemwide passenger carriage down 3.7% in January
Due to the shift in the Chinese New Year holidays.
Private sector construction demand down 10% in 2014 on back of weak property market
Residential developers are to blame.
Exports to Hong Kong plunged 21% in 2014
Due to much lower electronics sales.
COSCO subsisting on bank loans after six straight years of negative cash flows
How much longer will this lifeline last?
Labour productivity slips for the third straight quarter with 1.5% contraction in Q4
Productivity from almost all sectors dipped last quarter.
It’s the Muddy Waters saga all over again for beleaguered Noble Group
Will a white knight come to Noble’s rescue?
City Developments profits up 12.2% in FY14
Boosted by its Sentosa Cove Quayside Collection divestment.
Singapore’s NODX recovers with a lower-than-expected decline of 0.7% in 2014
On the back of stronger electronic and non-electronic shipments.
Temasek, JTC ink mega-merger deal for four subsidiaries
Ascendas will be merged with Singbridge Group.
CapitaLand’s net profit jumped 38.2% to $1.16b in FY14
Thanks to higher revaluation gains and lower portfolio losses.
COSCO’s net profit sank 32% to $20.9m in FY14
It was hit with a $13.2m loss in Q4.
Singapore economy grew 2.9% in last year, down from 4.4% in 2013
The financial sector was the best performer.
Chart of the Day: Singapore’s 2,221 new hotel rooms to gather dust in 2015
Tourists are travelling elsewhere.
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