Singapore
Singapore banks bleed as Swiber fiasco drags on energy firms: Bloomberg
SGX Oil and Gas index sank to new lows.
Singapore banks bleed as Swiber fiasco drags on energy firms: Bloomberg
SGX Oil and Gas index sank to new lows.
Perennial's net profit tumbles 25.6% to $594,000
On back of the absence of a one-off gain.
F&N’s net profit surges 43% to $127.2m
But its scrapped brewery dragged profit after taxation by 29%.
Genting Singapore's core earnings crash 96.3% to $2.2m in Q2
Blame it on weak premium market win rate.
Yangzijiang’s net profit sinks by 60% to $83.8m in 2Q
It didn’t have a one-off gain to bank on for this quarter.
Ascendas Hospitality Trust’s Q1 profits inch up 5.5% YoY to $22.6m
Thanks to robust contribution from its Japan property.
SingPost’s net profit plummets by 23% to $35.9m in 1Q17
Skyrocketing expenses are to blame.
SGX extends $136.6m offer to acquire Baltic Exchange
It’s offering GBP160.41 per share.
Hyflux’s net profit tumbles by 90% to $2.6m in 2Q
On back of its sinking margins.
Chart of the day: Here's why O&G exposure might decimate Singapore’s banking giants
DBS’ pre-provision income could crumble by over 60%.
UOL’s net profit plummets 55% to $68.8m in 2Q16
Blame it on fair value losses on investment properties.
Here’s why hoteliers are still losing sleep despite rising tourist numbers
Hotel occupancy dipped to 78.2% in May.
Daily Markets Briefing: STI up 0.1%
Expect muted gains today.
Daily Briefing: Singapore’s Michelin-starred hawkers; Can Singapore’s economy shift to a lower gear?
And here are Singapore’s top REIT stocks.
Meet the man who brought HK’s premium grill house Wooloomooloo to Singapore
His colleagues describe him as a ‘manager in a waiter’s apron’. A manager is often perceived as someone in his best suit giving orders to his subordinates but not Noel Emmanuel, the general manager and director of operations for the Wooloomooloo Group in Singapore. Come down to any of the three outlets of the Hong Kong chain restaurant and you might be lucky to find him working on the floor in a waiter’s apron and serving guests.
Can Keppel DC REIT stay afloat amid Singapore’s property supply glut?
Substitutions may pose a serious threat to demand.
Go-Ahead Singapore’s new bus services to hit the road on September 4
First 13 routes will be rolled out.