News
COSCO looks to offshore for its comeback
COSCO looks to offshore for its comeback
With its shipping segment in a major revenue slump, the firm will pin its hopes on higher margin offshore deals.
Tighter regulations set for sale of special investment products
Intermediaries are now required to check whether a customer has sufficient investment knowledge before a sale gets a greenlight.
Sembcorp Marine profit fall not a sign of weakness?
Revenue is still robust and the first quarter dip resulted only from issues in timing and not underperformance, argues Maybank Kim Eng.
Singapore millionaires getting richer despite global recession
70% of those surveyed by Royal Skandia said their wealth had risen between 2008 and the end of 2011.
SingTel responds to OpenNet media release
SingTel and OpenNet are currently involved in disputes over the contractual arrangements for the NextGen NBN.
SingTel's market leadership expands to nearly 46%
Their mobile customer base increased 8.3% to 3.58 million as of 31 March 2012.
OUE profit down 92% to S$21.7m
To blame is the absence of fair value gains in the first quarter of 2012.
COSCO profit down 25% to $27.8m
No thanks to lower profit contributions from dry bulk shipping and shipyard operations.
Sembcorp Marine unit to build US$208M drilling rig for Perisai
It also has an option to construct an additional unit of a similar specification jackup rig worth US210m for delivery in 2Q15.
SIA Engineering growth hinged on joint ventures success
A big chunk of its profits now come from this lucrative segment and the outlook is only getting rosier by the minute.
SIA Engineering to defy global demand drought
Earnings growth will average at a relatively healthy 6% for the next three years, predicts CIMB.
Have shipping rates peaked already?
Asia-Europe prices will likely remain steady for the summer as carriers meet increasing resistance to rate hikes.
SIA Engineering net profit up by 4% in 4Q
Operating margins however were subdued at 10.3%.
Singaporeans raring and ready to try mobile cashless payments
A survey conducted worldwide by Mastercard reveals Singapore as one of the key markets ripe for this emerging cashless payment system.
Chart of the Day: SG inflation, most sensitive to changes in local food prices in Asia
A 1ppt increase in local food, local energy, global food, and oil impact on headline inflation by how much?
Inflationary pressures likely to persist in 2H
Positive macro trends however are seen despite inflationary risk.
StarHub cost concerns mounting: DBS
Effective cost management lifted the telco's earnings for the first quarter but expenses will start proving harder to control.
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