Singapore
Deleveraging is inevitable for highly-indebted Singapore: Morgan Stanley
But reducing the leverage ratio is easier said than done.
DBS Group’s net profit jumped 15% to $1.12b in Q2
Due to higher net interest income and fee income.
Chart of the Day: Island-wide retail vacancy rate climbed to record high in Q2
Vacancy rate jumped to 7.2%.
Daily Markets Briefing: STI down 0.1%
Expect more losses today.
Daily Briefing: Common scams to avoid; Blacklisted shipping firm denies arms link to N.Korea
And home prices fall at slower pace.
ICP Ltd appoints Dennis Edward Wright as senior vice president of Travelodge Hotels
He was senior vice president for opeartions at Red Planet Hotels.
Chaswood Resources Holdings promotes Kek Poh Hean as CEO for China
He will lead the company's further expansion in China.
Nordic Group appoints Lionel Chen Weiliang as group financial controller
He will also be company secretary.
Motorcycles fall out of favour as cheap car COEs flood the market
Sales fell 30% in 2014.
Office rents suffered steepest decline in almost six years in Q2
Rents fell by 2.6%.
Industrial property rents, prices soften further in Q2
Blame it on the supply glut.
Frasers Commercial Trust to raise up to $142.1m via private placement
84m new units will be issued.
OSIM’s net profit crashed 24% to $22.5m in Q2
Blame it on weak sales.
Overall manufacturing output down 4.4% in June
This is the fifth straight month of contraction.
Noble Group to unveil PwC’s findings after releasing Q2 results
Its results will be released on August 13.
Tug-of-war over Myanmar Brewery continues as MEHL disputes F&N’s desired exchange rate
The sale must take place at the present rate, says MEHL.
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