News

Asia Pacific Breweries profit rises 61% to $384mln

Asia Pacific Breweries profit rises 61% to $384mln

Except for $1.8mln loss in China operations, PBIT of operations in other regions soared.

OUE makes strategic move to buy DBS Towers

The integrated developer eyes opportunities as it proposes to acquire the iconic towers for S$870.5 million.

SGX derivatives market extends trading hours

One-hour extension will enable customers to give prompt response to news and global market movements.

M1 launches remote technical support for computers and smartphones

Subscribers can call on mFix service to optimize and fix their PCs and smartphones.

SMG's first quarter revenue up by more than 28%

Establishment of new eye, aesthetics and critical illness clinics is the key to Singapore Medical Group's success.

SGX derivatives market to extend trading hours

Other enhancements include narrowing of the trading break to 30 minutes.

UOB profit up 28% to $602mln

Yet net interest income fell 2.6% to S$884mln while non-interest income dropped 30.7% to S$382 million.

Tiger Airways' passengers up 42% in July 2010

Carrier had 5.4mln passengers from August 2009 to July 2010, a 51% increase over last year.

COSCO snaps two new contracts over US$55 mln

Two bulk carriers are expected to be delivered in September 2011 and March 2010, respectively.

Sembcorp stake in Cascal surges to 97.66%

At US$6.75 each share, the shipping company's stake has reached more than US$202 million by the end of 9 August 2010.

Singtel bags $1.7mln award cable dispute in court

Court upheld Singtel's breach of contract counter-suit to Sin Lian Heng.

SGX wants wider participation in OTCF derivatives clearing

Proposes to admit GCMs for OTCF contracts requiring MAS regulated holding company and S$100mln Base Capital.

Keppel to deliver fourth deepwater rig for Ensco

Keppel reaps progressive productivity gains by trimming construction lead time by about 1 million manhours.

MPA extends port dues concession for ocean-going ships

Ocean-going ships will get 5% port dues concession under Economic Resilience Package.

ST Aerospace keeps remaining stake in aerospace academy

The engineering group takes into consideration future prospects of the ST Aerospace Training Academy.

NOL profit hits US$100 mln to overturn 2009 loss

Global container shipping company improves shipping volume, increases group and logistics revenue by 53% and 45%, respectively.

StarHub profit drops to $58mln

Despite overall growth, year-on-year and quarter-on-quarter revenue in broadband segment fell by $59.2mln and S$0.4mln respectively.