News
Daily Briefing: COE prices close mostly lower; Construction set to begin on Northpoint City
Daily Briefing: COE prices close mostly lower; Construction set to begin on Northpoint City
And Parenthood scheme applicants down in 2014.
Daily Markets Briefing: STI down 0.3%
Expect a rebound today.
Frasers Centrepoint transforms Nee Soon with launch of Northpoint City integrated development
It will be completed in 2018.
Wave of relaunches expected to hit the property market in 2015
Sales volumes will pick up after the lunar new year.
Yangzijiang bags $183m LNG carrier contract
It’s diversifying into the LNG market.
ARA Asset Management's net profit up 18% to $87.5m in FY14
Thanks to higher REIT management fees.
SIA’s systemwide passenger carriage down 3.7% in January
Due to the shift in the Chinese New Year holidays.
Private sector construction demand down 10% in 2014 on back of weak property market
Residential developers are to blame.
Exports to Hong Kong plunged 21% in 2014
Due to much lower electronics sales.
COSCO subsisting on bank loans after six straight years of negative cash flows
How much longer will this lifeline last?
Labour productivity slips for the third straight quarter with 1.5% contraction in Q4
Productivity from almost all sectors dipped last quarter.
It’s the Muddy Waters saga all over again for beleaguered Noble Group
Will a white knight come to Noble’s rescue?
City Developments profits up 12.2% in FY14
Boosted by its Sentosa Cove Quayside Collection divestment.
Singapore’s NODX recovers with a lower-than-expected decline of 0.7% in 2014
On the back of stronger electronic and non-electronic shipments.
Temasek, JTC ink mega-merger deal for four subsidiaries
Ascendas will be merged with Singbridge Group.
CapitaLand’s net profit jumped 38.2% to $1.16b in FY14
Thanks to higher revaluation gains and lower portfolio losses.
COSCO’s net profit sank 32% to $20.9m in FY14
It was hit with a $13.2m loss in Q4.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform