News
Consumer watchdog demands tighter safeguards against bankrupt travel agencies
Consumer watchdog demands tighter safeguards against bankrupt travel agencies
Agencies must provide a security bond.
MEHL takes Fraser and Neave to court, demands final MBL sale by August
But F&N is ready to hold its ground.
GLP’s profits rocketed by almost 50% to a whopping $268.1m
Joint ventures and investments abroad proved lucrative.
Regulators roll out more stringent auditor reporting rules for listed firms
Vague opinions won't cut it anymore.
OCBC’s half-year earnings soared to a new high at $2.04b
Its overseas business injected fat contributions.
NOL finally back in the black with $1.22b profit in Q2
Due to a massive gain from APL Logistics sale.
SMRT’s net profit fell 10% to $20.1m in Q1
Loss-making train operations are the culprit.
UOB’s net profit slipped 5.7% to $762m in Q2
Increased market volatility is to blame.
Chart of the Day: Singapore has Asia’s most expensive mobile calling rates
Pricing stands at US$7.1 cents per minute.
Daily Markets Briefing: STI down 1.1%
Expect more losses today.
Daily Briefing: Fintech startup bent on plugging the SME funding gap; 3 ways to improve productivity
And GIC wary over rate hike.
SGX’s new derivatives cash cow ‘overhyped’: report
Revenue growth was muted despite the volume surge.
Noble's massive buyback scheme costlier than almost all recent acquisitions
It has spent $131m on buybacks.
Unemployment rate edged up for the first time in a year in Q2
It reached 2% in June.
Don’t be impressed by SIA’s rosy Q1 numbers, analysts warn
It booked a core net loss last quarter.
GIC posts 4.9% return in 20 years
Tougher times are on the horizon for GIC.
DBS’ inaugural US$1b covered bonds eagerly snapped up by global banks
62% of its order book came from banks.
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Commentary
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