News
Singapore invites new business models for moneylending
Singapore invites new business models for moneylending
It will issue licenses for up to 16 outlets that will implement their business models.
Singapore Post recovers from loss as Q4 profit hit $40.09m
It was boosted by the growth of its postal and logistics segments.
ST Engineering Q1 profits up 17.8% to $117.7m
It was supported by growth across all sectors except marine.
Weakness looms for ThaiBev's earnings as Thailand stays sober
Beer production in the country continued its rate of decline at -5%.
Daily Briefing: Home buys without CPF savings could slash prices by 10-20%; Analysts bullish on HDB resales
And Singapore's tourism chief exits with a historical record of tourism receipts worth $26.8b.
Daily Markets Briefing: STI up 0.31%
Expect some gains today.
Chart of the Day: OCBC and UOB's domestic bad loans dipped in Q1
Moody's said this could boost their asset performance in the coming quarters.
Wilmar International Q1 profit crashed 40.6% to US$203.28m
It blamed the operating difficulties in its Tropical Oils business and seasonal sugar losses.
Genting Singapore Q1 profit up 20% to $217.19m
Its gaming revenue was boosted by its mass and premium mass businesses.
Goldilocks pushes Noble to reveal terms with financial adviser
The fund said the company should reveal the scope of work the adviser will be studying.
How will Malaysia's elections shocker affect bilateral ties with neighbour Singapore?
Analysts are divided on the impact of the new leadership, but some said key infrastructure policies need to be watched.
Noble appoints Provenance Capital as independent financial adviser
Its opinion will be included in the shareholders circular for the restructuring.
MyRepublic offers networking system for retail businesses
It gives the business firewall services, a wireless network, and tools for traffic and use analytics.
China Aviation Oil Q1 profits up 13.88% to US$26.91m
The earnings of its associate company SPIA jumped 46% to US$18.9m.
Wealth management fees buoy Singapore banks earnings in Q1
DBS, OCBC, and UOB all registered double-digit growth in fee income.
Lethargic bidding dented industrial investment sales by 30% in Q1
But REITs are gaining traction for selling their non-core assets in order to regain capital.
Frasers Property Q2 profits up 74.5% to $124.25m
Its revenue was boosted by sales in China and Australia and contributions from UK business parks.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape