Singapore
Cash-strapped Singaporean execs struggle to make ends meet each month: report
Almost 1 in 2 execs have zero savings.
Talent shortage stunts growth for Kingsmen Creatives
But its profit climbed 24.6% in Q3.
Realty check: SREITs’ income margins to deteriorate amid intensifying labor crunch
Rental reversion will also moderate.
ComfortDelGro’s profit up 5.3% to $80.8m in Q3
But expect a weaker Q4.
Centurion proves doubters wrong with 49% profit surge in Q3
Revenue also jumped 46% last quarter.
Parkson Retail’s net profit plunged 33.1% in Q1
Results will worsen before picking up.
SATS’ Q2 profit down 3.3% as cost pressures mount
Headwinds will persist in the near term.
Chart of the Day: Take a look at the massive supply of new homes that will flood the market in 2015
Over 40,000 new homes will be launched in the next 2 years.
Daily Markets Briefing: STI up 0.7%
Expect more good news today.
Daily Briefing: HDB urged to set sale price caps for homes; Battle against dodgy retailers continues to rage
And new SG 50 sculpture commissioned by National Museum and CityDev.
No reprieve in sight for battered Genting Singapore in Q4
The gaming giant is playing a losing bet.
SIIC Environment’s profit up 75% in Q3
Thanks to a one-off disposal gain.
SBS Transit’s profit jumped 46.5% to $7.8m in Q3 on back of higher fares
Average daily ridership also increased.
Pan-united’s profit plunged 30.5% to $8.5m in Q3
Earnings also slipped 8%.
Yanlord’s profit plummeted 92% in Q3
The group only earned $9.5m.
Bumitama Agri’s profit surged 69% in Q3
Thanks to higher output and selling prices.
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