Singapore

KS Energy to slash losses

Analysts are forecasting a single-digit net loss of S$3.5 million compared to FY11’s S$78.8 million.

KS Energy to slash losses

Analysts are forecasting a single-digit net loss of S$3.5 million compared to FY11’s S$78.8 million.

Singapore second most expensive world class city to buy a house

Moscow, with virtually no purchase cost, was the cheapest of the ten world class cities.

Thai Bev to lose fizz amid profit sustainability woes

Spirits and beer rose 9% and 3% but volume growth ahead remains uncertain.

5 major property investment transactions which defied market gloom in 2Q2012

Savills estimates that investment transactions more than doubled in 2Q12 to $7.4 biliion topped by Compass Point.

Midas profit crashes 97.5%

Results were significantly below expectations, says OCBC Investment Research.

3 reasons behind SembMarine's bullish orders ahead

The $135m rebuilding contract with Diamond Offshore opens possible projects for the rigbuilding mogul.

Wilmar profits plunged by a staggering 70.2%

Here's how tough China environment badly hurt Wilmar.

Singapore dollar sits at $1.2498

The local currency has failed to find any uplift from the improved sentiment in global markets, says IG Markets Singapore.

DBS beats OCBC, UOB as World's Safest Banks in Asia

These Singaporean banks dominated the top three spots in the list.

STI set to resume recovery

The rally on Wall Street overnight and the positive Nikkei start are expected to boost local sentiments, says OCBC Investment Research.

Daily Briefing: Anti-theft smartphone apps, preschool education survey

Here are the stories from around the web that Singaporeans are talking about including findings that show fewer hospital admissions for heart failure.

Here's why Singapore's shipbuilders are veering towards rough seas

Cosco and Yangzijiang will suffer as the latter lost 8 shipbuilding orders.

Great Eastern Holdings arm acquires 70% share in Pacific Mutual Fund Berhad

This translates to 3,500,000 ordinary shares worth RM 33 million.

Chart of the Day: Electronic NODX up 2.2% in 2Q

Thanks to higher domestic exports of ICs, telecommunications equipment, and disk drives.

CPF interest rate kept at 2.5% minimum

Ordinary account savings will continue receiving the risk-free rate until end-2012.

Almost half of Singapore drug abusers now aged 40 and up

Narcotics bureau arrested 826 in oldest demographic, or 48% of total abusers.

Otto Marine profit up 65.4% to $41M loss

Offshore marine group hemorrhaged less in 2Q12 but downward pressures remain.