Singapore
Is POSH’s US$131m loss the start of a downward spiral?
Its financial strength will be a key factor.
Is POSH’s US$131m loss the start of a downward spiral?
Its financial strength will be a key factor.
Industry headwinds to batter Memtech International’s profits in 2016: analysts
For starters, consumer electronics growth is moderating.
Mobility giant Jardine Schindler Group sees upward trend for Southeast Asia, Hong Kong, Taiwan and Macau
Chief executive Jujudhan Jena speaks about Asia’s long term growth prospects.
PACC Offshore sinks to a net loss of $209m in Q4
Mounting impairment charges spelled doom for the firm.
Rotary Engineering bags $65m worth of contracts
They were secured from November 2015 to February 2016.
Everbright Water’s net profit surges 39% YoY to $73.34m in FY15
Thanks to higher construction revenue, finance income.
Heeton-led consortium snaps up two hotels in the UK
The hotels are in Gloucester and Bradford.
One in three Singaporean investors saddled with hefty debts: report
Investors are living beyond their means.
Confident DBS brushes off oil and gas debt threat
It will survive even if oil falls to US$20 per barrel.
Vard secures $53.4m fishing vessel contract from Havfisk
It’s the largest trawler company in Norway.
Otto Marine inks $32.3m in shipbuilding contracts
The deals are for an oil tanker and two ferries.
Agility is key in the Year of the Monkey
Many Singapore-listed firms did not find the much needed festive cheer, as bourses reopened in the Year of the Fire Monkey. While many investors got burnt, panic was also seen on a broader scale, as billions of dollars (at least on paper) were wiped off the markets, from the SGX to NYSE. Experts say the increasing number of public companies scaling back their revenue growth forecasts, coupled with the downward pressure on valuations in the private market, points to graver concerns over the state of the global economy.
Capitaland clings to surging sales in China as Singapore impairment losses mount
It sustained $110m in impairment losses across residential projects.
Wild price swings rock Singapore’s largest stocks
STI volatility more than tripled in 2015.
OUE’s net profit crashes 85% to $156.4m in FY15
On back of its hospitality arm’s deconsolidation.
Swee Hong’s CEO steps down as bankruptcy order bites
A bankruptcy order was filed on Feb 18.
Don’t count on battered Sembcorp Marine being privatised: analysts
Despite booking a whopping loss provision of S$609m.
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