Singapore

Swiber’s profit surges 93.1% to US$13.5m in 3Q11

As it had bagged a record number of contracts worth US$758m YTD.

Swiber’s profit surges 93.1% to US$13.5m in 3Q11

As it had bagged a record number of contracts worth US$758m YTD.

Biomedical sciences sector gets S$790M funding boost

S$200 million was also alloted for A*STAR’s Biomedical Research Council.

PEC’s revenue up 2% to S$110m in 1Q12

However, its profit plummeted 71% due to stiffer competition in the market.

M1 vows to fight $300,000 IDA fine

The Telco says IDA got its facts wrong and refutes the IDA's findings.

What will become of Singapore’s commercial property market over the next 5 years?

With rents of high-tech office space seen to rise by 10%, will Singapore remain one of the busiest commercial hubs in Asia?

ComfortDelGro profit up 12.5% to $69.1m

Its 3Q $877m revenue would have been stronger had it not been for the negative translation effect of the weaker Sterling Pound, Renminbi, and Dong.

Commercial investment sales plummet 53.1% to S$848.3m in 3Q11

The sector accounted for 18.8% of total investment sales in the quarter.

Otto Marine’s president and group CEO retires

Lee Kok Wah was responsible for developing and implementing the strategic plan for the Group.

Metro Holdings profit down to S$2.7mn

Yet the group posted 5.7% revenue growth to S$87.2mn for 1HFY2012.

Avic International Investments appoints Li Wei as Financial Controller

Mr. Li is tasked to handle administration and operational matters of the group.

GuocoLeisure appoints Clay R. Rumbaoa as Executive Director for Molokai Properties Limited

He had extensive property experience in the Hawaii and on the mainland USA.

Cacola Furniture appoints Law Pui Kwan as Financial Controller

He will be tasked to handle the finance and accounting functions of the group.

Olam International profit up 15.1% to S$34.2mn

The company was able to weather the growing and spreading sovereign debt crisis as well as a looming banking and financial crisis in Europe, among other global macroeconomic issues.

Singapore Exchange lists JK Tech on Catalist

One of Singapore’s leading one-stop providers of IT products, services and solutions brings total number of Catalist companies to 135.

Boustead 2Q FY2012 profit up 13% to S$9.1mn

Yet its 1H FY2012 profit fell 56% to S$17.6mn.

Tiger Airways slammed by $50m loss

Being grounded down under was a major blow for the struggling upstart.

Junkets could be approved in Singapore soon: RWS management

Latest feedback from Singapore government leaves RWS management hopeful of obtaining junkets licensing sooner rather than later.