News

Shipyard bosses bearish on return to ‘golden days'

The industry’s contribution to economy halved to 1% in just 4 years.

Changi Airport fee hikes could be worse for budget airlines

FSCs tend to recover passenger growth faster after fee spikes.

Dairy Farm's H1 net profit crashed 17.7% to US$214.8m

Net profit fell 17.7% to US$214.8m from the previous half year’s US$260.9m.

Weaker currencies could hurt Frasers Hospitality Trust's NPI

It could affect 80% of the company's net property income (NPI).

M1's profit inched up 1.5% to $36.2m in Q2

Its postpaid services' revenue increased 5.7% to $132.6m.

Hongkong Land's H1 profit crashed 64% to US$1.12b

The company blamed the timing of sales completions in mainland China for lower profit.

SGX welcomes first nickel mining firm to the Catalist

Silkroad Nickel eyes to sell and export low-grade nickel ore globally.

Jardine Matheson Holdings H1 profits crashed 57% to US$928m

Jardine Pacific saw lower results from its restaurants and transport services.

Unemployment rate rose 2.1% in Q2

Retrenchments inched up to 2,500 from 2,320 in Q1.

Passenger traffic could buoy SIA amidst soaring fuel prices

Its cargo demand is also unharmed from global trade tensions.

Marina Bay Sands' rolling chip volume hit 8-year low in Q2

This pulled down VIP gaming revenue by as much as 58%.

Chart of the Day: Here's how Singaporeans spend their income

Rising incomes afforded them to spend more money for travels abroad.

SGX's profit up 7% to $363m in 2018

Almost half of the revenue came from equities and fixed income.