News
Genting Q4 profits fell 29% to $133.99m
Genting Q4 profits fell 29% to $133.99m
But its revenue rose thanks to the strong performance of its leisure and hospitality segment.
Otto Marine floundering under $1.16b debt pile
It is one of several oil & gas firms still struggling to float after a plunge in crude prices caused contracts to dry up.
Accommodation prices were 5.3% cheaper in January
Service & Conservancy Charges (S&CC) rebates were given to HDB households in January 2018.
ST Engineering's profits down 1.1% to $168.5m in Q4
Its marine sector’s earnings plunged 96.8% due to shipbuilding losses.
Sembcorp Industries profits crashed 84.6% to $22.8m in Q4
It was hit by a $35m loss due to the poor performance of its marine rig business.
Sembcorp Industries to launch Indian IPO
It will sell utilities assets that are expected to yield $500m, adding to the proceeds of the IPO.
Wilmar's profits grew 25.4% to $1.58b in 2017
Oilseeds & Grains profit rose to $272.33m thanks to stronger sales.
Daily Markets Briefing: STI down 0.79%
Expect some good news today.
Daily Briefing: Pearl Bank Apartments' 70s legacy fades; German accelerator debuts in Singapore
And here’s how to find the right agent to sell your property.
Chart of the Day: Expected hotel supply to fall in three years
The government is deliberately slowing hotel development after supply overflowed before 2017.
S-REIT index funds to lure capital after tax disclosure changes
Analysts project higher demand for S-REITs after prices dropped 8-9% in January.
Sheng Siong profits climbed 11.4% to $69.79m in 2017
The opening of its new stores contributed the most to its revenue of $829.88m.
UOB discretionary portfolio assets tripled in 2017
It identified client segments that preferred DPM solutions for their investments.
Standard Chartered's Singapore-based operations to merge with local unit
This will triple its assets and add its large banking businesses.
Nearly $5m of statutory bonds to expire in 2021
Outstanding bonds are now around $26.7b.
MAS likely to tighten monetary policy: analysts
They were encouraged by Finance Minister Heng Swee Keat’s statement that the budget position for 2018 will remain expansionary.
What now for Sembcorp Marine after first loss in over a decade?
The shipbuilder reported wider than expected losses which could refloat privatisation rumours.
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