News
City Developments shaken by 38% profit crash to S$137.7m
City Developments shaken by 38% profit crash to S$137.7m
This is mostly due to absence of gains from Corporate buildling disposal and leaseback of Studio M.
SingTel profit dips 2.6% to S$850m
Blame it on lower Associates' contribution falling 14.7%.
Here's why ComfortDelgro will revel in profit in 2H12
The 7.7% profit surge to S$118.5m will likely be repeated, thanks to ridership increases.
Noble profit slipped 11% to US$304.9m
Looks like the US$100.3m gain from the Glouchester-Yancoal deal was a measly contribution.
Chart of the Day: Total trade up 2.9% in 2Q
The second quarter of 2012 saw the stabilisation in growth for total trade, says IE Singapore.
Cosco scores another $170M drilling rig contract
Dalian shipyard will build the rig for a Foreign Limited (London) subsidiary.
Immigration marriages now officially a crime
Sham spouses should be frightened of the newly passed Immigration Act amendments.
Private marinas forced to bankroll border security
Operators now required to erect barriers and deploy police out of pocket.
OCBC's margin squeeze the worst among Singapore banks
Blame it on a culmination of reduced loan spreads, higher cost of long-term debt, and lower yields on interbank.
Asia Pacific Breweries profit inches up 8.4% to $313.95m
But attributable net profit decreased 12%.
Fraser & Neave's beer still bubbling: DBS
Earnings from breweries rose by a record 34% to S$112m.
Singapore fifth most important city for people with over US$100M
London tops the list but Singapore and other Asian countries are fast to catch up.
Genting's VIP business turnover to slump 5-10%
The full potential of VIP GGR growth will now depend on the licensing of more junkets, says CIMB.
Singapore the wealthiest country now
The country’s GDP per capita amounts to USD56,532 and is expected to more than double in 2050.
DBS' liquidity not yet a concern: CIMB
But it is gradually diminishing as one of the positives of the DBS franchise, warns the analyst.
SBS Transit profit down 53.4% to $4.6m
Net income from investments of $0.1m for 2Q12 was 17.9% lower than 2Q11.
Here's why tables will be turned for Golden Agri
2Q profit fell 26% mostly due to nasty CPO prices but there's still hope for a rebound.
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SG60: What the next 10 years have in store for Singapore’s investment landscape