News

Will NOL benefit from new TSA rate hikes?

Not likely due to an existing oversupply that discourages significant lifting of cargo rates, warns PhillipCapital.

DBS growth will dip then recover: OCBC

Earnings seen to expand by a modest 1% in 2012 before bouncing back to 6.6% in 2013.

SingTel’s mobile customer base surges 13% to an amazing 434m in 2011

The group achieved its highest postpaid market share in five years, at 48%.

Will mobile operators finally abandon unlimited data?

It seems so as SingTel started to abandom unlimited tariffs from the launch of LTE.

Industrial REITs to face limited refinancing risks in 2012

They posted robust quarterly results as at end December 2011, and DBS expects stable performance going forward.

DBS full-year profit up 15%

DBS Group Holdings reported net profit of S$3.04b for 2011.

Singapore Markets Morning Briefing - what you need to know for Fri Feb 10, 2012

Nikkei suffers weak start while modest gains are reported on Wall Street.

Will Raffles Education continue bleeding revenues?

While its latest earnings showed a 13% dip in revenues DBS sees signs of a flattening out.

Singapore businesses facing higher CPF contributions

It's time to brace for an additional 3 to 4.5% points in savings contributions for workers aged 50 to 55.

Fraser and Neave’s revenue plunges 11% to $1.4b in 1Q12

As the unprecedented flooding in Thailand has caused the group to halt its dairy operations in Rojana.

Asia Pacific Breweries’ net profit surges 34% to S$155m in 1Q12

IndoChina and Thailand reign as the group’s largest contributors at 45%.

Luxury residential market to be the hardest hit by additional buyer’s stamp duty

Foreigners who made up almost half of the prime home sales last year may retreat and shift interest to cheaper homes.

Emerging markets’ GDP to overtake developed economies by 2014

It’s not so far-fetched with almost 70% of total world growth seen to come from emerging markets in Asia.

Keppel more likely to win drilling contracts from Azerbaijan NOC

Find out how much is the potential boost to order book of Keppel.

Foreigners bought 31% of private homes in 2011

So from which countries do the top four foreign buyers come from?

Look out for a CapitaMalls Asia comeback

Give it five years and its China malls will start raking in profits and prove naysayers wrong, says Maybank Kim Eng.