News
First Resources’ profit down 15% in Q3 as palm oil prices plunge
Earnings per share dipped 16%.
Resilient office rents propped up Ho Bee’s profits in Q3
Net profit jumped 83.2% last quarter.
Motor vehicle sales surged 30% in September
Overall retail sales went up 5.5%.
Year-long earnings drought awaits local casinos as high-rolling tourists vanish
Can the gaming giants withstand it?
Frasers Centrepoint’s net profit slipped 31% in FY14
Blame it on high restructuring costs.
Fraser and Neave’s growth to grind to a halt as Myanmar Brewery exits
Topline growth will drop to 3%.
Local shippers urged to keep calm over OW Bunker collapse
Disruption in Singapore has been minimal.
New Bedok Integrated Transport hub set to open on Nov 30
It will serve over 40k commuters daily.
Cash-strapped Singaporean execs struggle to make ends meet each month: report
Almost 1 in 2 execs have zero savings.
ComfortDelGro’s profit up 5.3% to $80.8m in Q3
But expect a weaker Q4.
SATS’ Q2 profit down 3.3% as cost pressures mount
Headwinds will persist in the near term.
Chart of the Day: Take a look at the massive supply of new homes that will flood the market in 2015
Over 40,000 new homes will be launched in the next 2 years.
Daily Markets Briefing: STI up 0.7%
Expect more good news today.
Daily Briefing: HDB urged to set sale price caps for homes; Battle against dodgy retailers continues to rage
And new SG 50 sculpture commissioned by National Museum and CityDev.
No reprieve in sight for battered Genting Singapore in Q4
The gaming giant is playing a losing bet.
SBS Transit’s profit jumped 46.5% to $7.8m in Q3 on back of higher fares
Average daily ridership also increased.
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