News

OUE profits down 90% to $10.7m in Q3

The sales performance of OUE Twin Peaks turned sour.

SIA Engineering's Q2 profits up 7.3% to $38.1m

Its airframe & component overhaul services and line maintenance businesses performed well.

Singapore sees surge in tourists from Mainland China and Indonesia

Tourist arrivals from Mainland China outpaced arrivals from Indonesia.

DBS profit falls 25% to $802m in Q3

Blame the $815m net allowance for its oil and gas support services.

Venture's Q3 profits surge 134.8% to $111.37m

Its revenue for the quarter rose by 50.5% YoY to $1.1b.

Better load factor could drive SIA's earnings up

Profits can reach $121m at most in a bear case.

Why ST Engineering's profits could soar by at least 50% in Q3

It has a low base, which saw $54m in provisions at ST Kinetics.

Singapore, China to collaborate on capital markets development

The listing of Chinese companies in Singapore will be supported.

Singapore looking to hire 223,000 infocomm media workers

It also wants to raise industry growth by 6% annually.

UOB profits up 12% to $883m in Q3

The growth of net interest and noninterest income boosted its earnings.

StarHub profits fall 11.5% to $76.2m in Q3

Its mobile and Pay TV segments continue to weigh down company performance.

IPO could raise Razer CEO's net worth to $1.2b

Its early investor team includes Li Ka-shing, Temasek, and Intel.

Daily Markets Briefing: STI down 0.33%

Investors are urged to be careful today.