News
United Engineers net profit plunged 57% to $17.5m in Q2
United Engineers net profit plunged 57% to $17.5m in Q2
Blame it on divestments and the lack of sales revenue.
Non-oil domestic exports slip 0.8% in July
Exports to most key markets fell.
Chart of the Day: Prime office rents drop for the first time in over two years as banks downsize
Marina Bay booked the steepest decline.
Daily Briefing: Bedok embraces online shopping; ARA Asset Management on property investing
And how to boost rental yields amidst cooling measures.
Daily Markets Briefing: STI up 0.7%
But a pullback is expected today.
Fast and furious car deals prop up Singapore's dismal retail sales figures
Car sales surged 85.2% in June.
Weak property market drives HDB rental prices to slip 0.7%
Executive flats remain the lone bright spots.
Opening of CityDev’s gigantic South Beach hotel delayed by manpower shortage
Soft launch has been pushed back to September.
StarHub unveils new OTT video service to fend off SingTel’s attempts to snatch market share
SingTel is getting more aggressive in the Pay TV space.
Bottoms up! Steady beer sales push ThaiBev’s net profit to $234.9m in Q2
Beer profit almost doubled.
Direr straits await Noble as counterparties slash credit lines
Are there any other skeletons in its closet?
Ezion’s net profit plunges 36.3% to $40.6m in Q2
Blame it on cancelled projects in Australia.
MoM keeps an eye on 38 firms for failure to hire locals fairly
They’ve been placed on the watchlist.
HPL’s net profit surges 74.1% to $12.2m in Q2
Thanks to Tomlinson Heights sales.
Wing Tai profit cascades by 41% to $150.3m
Underperforming developments and properties caused the tumble.
ST Engineering net profit slips by 6.1% to $125m in 2Q
Blame it on lower shipbuilding revenue.
Petra Foods’ profit dives by 40% to US$7.4m in 2Q
It’s the second lacklustre quarter in a row.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape