News
NOL Group finalises 12-ship order for Daewoo
NOL Group finalises 12-ship order for Daewoo
The global shipping and logistic company now has a total of 12 vessels on its orders list with the addition of two 10,700-TEU vessels.
ComfortDelGro profit up 1.6% to $58.2mln
Group said growth would have been stronger had $15.2mln negative foreign currency translation effect is lower.
Fraser and Neave's 9 months profit up 60%
Group divested glass manufacturing unit for a $310mln cash consideration as it garners 8% revenue growth.
CapitaLand toughens holding units in Ascott Reit
In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.
Wilmar to buy 20% of shares in Kencana Holdings
Agribusiness group to invest in additional plantation assets with the proposed purchase worth SGD80,363,130.40.
SingTel profit stable at S$943mln
Lower contributions from associates were offset by strong first-quarter performance in Singapore and Australia.
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.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning