News
MAS grants final approval to Singapore Mercantile Exchange
MAS grants final approval to Singapore Mercantile Exchange
Approval seen as milestone towards creation of a pan-Asian exchange from Singapore.
Parkway profit up 18% to S63.4mln
Strong performance of Singapore and International Hospitals segment pushed shore up half year revenue by 8%.
Tiger Airways increases Malaysia distribution network with e-pay
Customers in Malaysia can pay cash at over 14,000 e-pay outlets, beginning with 4,000 Petronas kiosks.
SGX consults public on SGX EURO STOXX 50 Index Futures and Options
Consultation papers are made available on the SGX website starting 12 August 2010.
CapitaMalls Asia issues S$350 million worth of notes
Net proceeds of the notes will be used to finance investments of CapitaMalls Asia and CapitaMalls Asia Treasury.
Noble Group retains top position in agriculture and energy supply
The global supplier reported a revenue of US$24.3 million and ups gross profit by 32% in the first half of 2010.
SingTel's mobile customer base soars to 351mln
While SingTel leads the market as Optus continues growth momentum, Globe's customers declined by 2%.
Asia Pacific Breweries profit rises 61% to $384mln
Except for $1.8mln loss in China operations, PBIT of operations in other regions soared.
OUE makes strategic move to buy DBS Towers
The integrated developer eyes opportunities as it proposes to acquire the iconic towers for S$870.5 million.
SGX derivatives market extends trading hours
One-hour extension will enable customers to give prompt response to news and global market movements.
M1 launches remote technical support for computers and smartphones
Subscribers can call on mFix service to optimize and fix their PCs and smartphones.
SMG's first quarter revenue up by more than 28%
Establishment of new eye, aesthetics and critical illness clinics is the key to Singapore Medical Group's success.
SGX derivatives market to extend trading hours
Other enhancements include narrowing of the trading break to 30 minutes.
UOB profit up 28% to $602mln
Yet net interest income fell 2.6% to S$884mln while non-interest income dropped 30.7% to S$382 million.
Tiger Airways' passengers up 42% in July 2010
Carrier had 5.4mln passengers from August 2009 to July 2010, a 51% increase over last year.
COSCO snaps two new contracts over US$55 mln
Two bulk carriers are expected to be delivered in September 2011 and March 2010, respectively.
Sembcorp stake in Cascal surges to 97.66%
At US$6.75 each share, the shipping company's stake has reached more than US$202 million by the end of 9 August 2010.
Commentary
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