News

Cosco profit narrows 13.3% to $27.6 million

Cosco profit narrows 13.3% to $27.6 million

Gross profit is up for the engineering firm but was eaten up by plummeting other income and almost tripling finance costs.

Cosco adopts cautious outlook as new orders dwindle

More shipowners will be sitting at the sidelines instead of purchasing new vessels from the marine engineering specialist.

CapitaLand selling streak strengthens in China

It sold a brisk 812 units in the second quarter among its Beijing, Chengdu and Shanghai properties to bring total units sold in 1H12 to 1,067 units.

Weaker margins for Cosco as it barrels into price wars

The marine engineering group will struggle to keep margins afloat by continuing to compete with aggressively low bids, says Maybank Kim Eng.

Singapore Exchange urged to get tough on foreign listed companies

Here are 5 key proposals from Securities Investors Association to protect retail investors.

OCBC's 2Q12 earnings likely to disappoint, warns analyst

The strong trading profits recorded in 1Q12 are unlikely to repeat this time.

Here's why GEH's profit plunged from S$263m to S$81m

Great Eastern Holding's non-par fund profits declined to a mere S$2m.

Singapore banks' diversified portfolio beats ASEAN banks

June loan growth is on track to meet CIMB's full-year estimate of 13-14%.

New businesses established dip 0.8%

Good news 66% of these young firms are purely Singaporean-owned.

Thai Beverage gets go-ahead on F&N shares

The company obtained waiver from SGX that enables it to have a say on F&N's Heineken offer.

Stagflation looms in Singapore

Here are two charts to prove that Singapore will be home to the weakest growth and one of the highest inflation rates in Southeast Asia.

Condo site at Tanah Merah Kechil Road drew strong interest

A consortium formed by Fragrance Group and World Class Land  topped 12 other contenders at $285 million or $676 per sq ft per plot ratio.

Pressure rises in F&N's Heineken dilemma

Decision on the 40% stake will be made on Friday but here's what analysts have to say on the issue.

Loans continued to slow from Sept 2011 peak

Loan-to-deposit ratio at 91.9%, the highest since 2001.

Agribusiness sector to reap depressing profits

Wilmar, Noble and Olam earnings are expected to fall 15-21%.

CapitaLand hits a whopping 254% surge in residential sales

This is just in Singapore while sales in China registered a 218% rise.