Singapore
DBS profit up 10% to S$810m
Net profit grew in the second quarter from a year ago as total income rose 6% to S$1.94 billion.
DBS profit up 10% to S$810m
Net profit grew in the second quarter from a year ago as total income rose 6% to S$1.94 billion.
STI closes with 0.5% loss
In local trading, spotlight is likely to be on DBS and F&N.
Daily Briefing: Medal controversy, MOM issues stop work order for worksite following collapse
Here are the day’s stories from around the web that Singaporeans are talking about including that Mentos campaign.
SGX derivatives and commodities trading grows
Singapore Exchange said derivatives and commodities trading grew in July from a year earlier while securities turnover was lower year-on-year.
Chart of the Day: No change for services sector
Guess which industry believes the business climate will be less favourable in the second half of 2012.
Social service salaries hiked by up to 15%
Added remuneration should keep Singapore social service professionals competitively compensated.
Import fees drastically lowered for medical devices
Up to 70% fee reduction for four types of medical devices brought under the Special Authorisation Routes.
Sembcorp Marine net profit sinks 5%
$143 mllion net profit for the second quarter of 2012 paled from a year before due to revenue timing and lower initial recognition of rig building projects.
OCBC net profit up 12% but loan growth outlook lowered
The bank posted better-than-expected financial results in 2Q 2012 yet was forced to peg down loan growth guidance to single-digits from low-teens.
DBS appoints Derrick Goh as POSB Head
Derrick Goh will take over effective 1 October.
Sembcorp Industries kicks off operation in $40m treatment plant
The wastewater treatment plant on Jurong Island is part of Sembcorp's S$960-m facilities cluster.
Standard Chartered Bank pulls profit up 17%
This surge results to a whopping income of US$1.162 bn.
Chateau Eliza posh site gets relaunched for sale by tender
The 17,997-sq ft land currently comprises 37 residential apartments.
OCBC appoints Raymond Chee as Managing Director of OCBC Securities
Raymond Chee will take over starting 6 August.
Are SIA's disparate brand strategies counterproductive?
Analysts believe Singapore Airlines has little expertise to run Scoot and Tiger.
Don't be fooled by OCBC's 2Q12 results, warns analyst
OCBC posted overheads growth of 6% qoq on higher staff costs.
Good Samaritan: Singapore startup provides Filipino rural youth quick access to call center jobs
BagoSphere launched a pilot call center class in a suburb area in the Philippines in 2011 with a 90% success rate of getting trainees into call centers.
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