News
Developers still keen on EC sites even as supply glut intensifies
Developers still keen on EC sites even as supply glut intensifies
A Yio Chu Kang site drew 10 bidders.
Wilmar’s earnings slip 8.7% to $1.49b in FY15
Due to mark-to-market losses, forex woes.
Genting sinks into the red as VIP players vanish
It posted a net loss of $7.8m in Q4.
Hello, fourth telco: IDA unveils plan to facilitate new mobile network operator
It will auction additional mobile spectrum this year.
Chart of the Day: Here’s solid proof that Singapore’s food industry has matured
Food sales grew by 5.5% in 2015.
Daily Markets Briefing: STI up 1.67%
Expect modest gains today.
Daily Briefing: Singapore to auction mobile spectrum; 3-D lessons for Asia
And Yio Chu Kang EC site draws 10 bids.
Bad O&G loans to dent UOB, OCBC’s profits in 2016: Moody’s
Even collateralised loans are at risk.
CapitaLand pins its hopes on China sales as valuation sinks to record low
Sales will continue to be robust this year.
Genting faces steepest profit cut in six years as VIP debts sour
Net profit might tumble to $143m.
SembMarine still has some aces up its sleeve amid contract instabilities: analysts
It contends that it has made sufficient provisions.
UOB’s Singapore-centric strategy will backfire in 2016, say analysts
Meanwhile, industry peers are raking in overseas contributions.
SMRT ramps up headcount, launches search for 1,200 new staff
Overall headcount will rise by 20%.
Banking sector to get a facelift as Singapore launches new tripartite committee
MAS, NTUC have teamed up to upgrade the industry.
SIA Engineering to form airframe maintenance JV with Airbus
It’s the first of its kind for SIAEC.
Going once, going twice: More prime homes go under the hammer as owners go bust
The stock market selldown will spur more listings.
M1 unveils unified communications hosting platform for businesses
It will be offered at $10.70 per month.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform