News

Keppel nails $950M in Petrobas contracts

Keppel nails $950M in Petrobas contracts

Keppel FELS Brasil S/A has secured two contracts from Petrobras-led consortiums.

NOL near-term recovery torpedoed by "persistent overcapacity"

Rates-dragging overcapacity will only ease by 2014, says Maybank Kim Eng.

Sembcorp Marine's new contracts now worth S$8bn

Sembcorp Marine just secured a contract to build 5 drillships at US$4.032bn.

UOL's investments mispriced by the market: Nomura

The market is valuing Marina Square and Marina Bayfront at just SGD1,230psf.

Keppel clinches a whopping US$4.1bn deal for 5 semi-subs

The semis are to be delivered to Sete Brasil from 2016 to 2019.

4 shocking scenarios that could happen in the corporate clash for F&N's stakes at APB

Here are possible scenarios after Thai Bev related party offers a higher bid of S$55 per share for F&N's APB shares.

Singapore on track for 1.5-2.5% growth in 2012: PM Lee

Find out what Prime Minister Lee Hsien Loong said in his National Day message.

Venture Corp profit dropped 19.9% to S$33.6m

Blame it on waning customer loyalty and demand.

Asia-Pac telcos aggressive on data revenue growth

Firms are pumping in significant amounts of funds to upgrade their network infrastructure to next generation technology, says S&P.

COSCO's box production unlikely to recover in 2H12

Contribution of the container manufacturing segment is expected to fall to US$35m.

APB shares hit a record high following offer

Fraser and Neave meanwhile was the “strongest gainer on the index,” says Reuters.

Debt threat: NOL's net debt surges to US$2.9bn

Net debt-to-equity is now a whopping 126%.

StarHub stocks more expensive than SingTel, M1: Barclays

The implied 5.3% yield is at its lowest in a long time.

GDP growth forecast stands at 2.3% for 2012

Growth for the second quarter may be revised upwards due to the rise in June industrial production.

Chart of the Day: GDP growth slows

Singapore has narrowly averted a contraction, thanks to the pharmaceutical industry.

StarHub's net profit up 19% to S$175m in 1H12

Capex was S$15 million higher at S$57 million compared to a year ago.

UOB net interest margin under mounting pressure

The all-important bank performance and profitability measure could dip another 2bps.