Singapore
ComfortDelGro profit up 6.8% to S$53.5m
Thanks to the taxi business which accounted for about 43% of the increase in Group revenue.
ComfortDelGro profit up 6.8% to S$53.5m
Thanks to the taxi business which accounted for about 43% of the increase in Group revenue.
Yanlord Land Group’s pre-contracted sales grew 28.8% to SG$1.379b
Though revenue in 1Q12 was lower compared to 1Q11 as a majority of the portion of pre-contracted sales awaits recognition in subsequent financial periods.
Currency Briefing - what you need to know for Tues May 15, 2012
The local currency sits at $1.2577 against the US dollar amidst negative market sentiment.
Singapore Markets Morning Briefing - what you need to know for Tues May 15, 2012
Japanese and Australian equities have already opened weaker following losses on Wall Street and the continued concern over Greece, and the STI is likely to feel the effects.
Golden Agri-Resources allots $500 million to asset-building
Its capex list includes purchasing more palm oil plantations, processing facilities and other logistics upgrades.
China central bank eases bank reserve requirements
It cut the RRR by 50 basis points and will free up RMB420 billion which will help spur economic growth, says CIMB.
Will freight rates plunge to all-time lows again?
The danger is there as the shipping industry hits a price hike cap but it could be averted if the biggest players refrain from adding more capacity.
BreadTalk Group expansion spree will pay off soon
Its aggressive store additions in Asia will open up new revenue streams and help counteract ever-slimming operating margins.
Only a few months more of high inflation: Trade Minister
Singapore inflation has hovered at 5% but it will experience a steep drop in the next two quarters, says Minister Lim Hng Kiang.
Hanwell Holdings appoints Erny Rusly as Group Financial Controller
Previously he was the Finance Manager and Senior Manager, Finance of the Group.
Shanghai Zhuo Kai's Vice General Manager resigns
Lee Tung-Chen led the sales and marketing as well as production functions of the group.
Singapore's luxury residential prime market down 2% for Q1
So which cities in Asia have the highest for the quarter?
UOL's 1Q12 profit down 63% to S$84m
The decrease is due to reduced profits from property development segment and from associates.
Golden Agri-Resources profit down 30% to $162m
Among the factors that bugged the company’s performance was higher fertiliser application.
Swiber’s 1Q12 profit jumps 5.9% as work on contracts starts rolling
The marine services company recorded a net income of more than US$12 million as it delivers services for the various contracts secured in 2010 and 2011.
Singapore Airlines, Scandinavian Airlines sign joint agreement
The partnership is expected to lead to growth in existing air services between Singapore and Scandinavia.
Currency Briefing - what you need to know for Mon May 14, 2012
Holding steady against the US dollar, the local currency is trading at $1.2513.
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