Singapore
Who’s not paying their debts at Resorts World Singapore?
The last three months had a massive blowout in provisions for doubtful debts which soared to $57m as VIP gamblers keep out of their bills - that's a fact.
Who’s not paying their debts at Resorts World Singapore?
The last three months had a massive blowout in provisions for doubtful debts which soared to $57m as VIP gamblers keep out of their bills - that's a fact.
Sharp loss at hotel group Banyan Tree as chief blames Thai floods, bad economy
3,000 cancelled room nights by October for Thailand, booyah!
Thailand floods to take its toll on worldwide PC shipments through H1 2012
Techies might need to brace for significant hard disk drive shortages by mid-November 2011 that will continue into 1Q 2012.
CDL’s net profit drops 32% to $132.1m
Blame it on the absence of one-time gains from private placement of CDL HT in 3Q10.
Authorities release China COSCO ship impounded in Singapore
Following a financial dispute with a client, a China COSCO dry bulk vessel was returned after almost a week.
ASL Marine’s revenue rises 2.1% to S$83.1m in 1QFY12
Things seem to be picking up for the group as it has secured S$426m worth of new contracts in the past four months alone.
CapitaLand sells entire stake in Beijing firm
Beijing Red Diamond Science & Technology Development has ceased to be an associated company of CapitaLand.
SATS profit down 11.3% to $40.1m in the second quarter
There were lower cargo volumes handled by SATS’ gateway services associates in Hong Kong and Vietnam.
SATS’ revenue surges 32.3% to S$424.2m in 2Q12
The group’s Japanese subsidiary TFK, which was only acquired in 4Q11, accounts for 77% of its growth.
Hello, investors: Forget residential, if you want better ROI turn to commercial property
The growth potential of the commercial and industrial sector is expected to be in the range of 5% to 10% for 2012 - sounds interesting, eh?
CEO resignation unrelated to quarterly loss, says Noble Group founder
Richard Elman, now acting chief executive, said Ricardo Leiman’s departure was planned for some time.
Genting’s profit climbs 6% to S$375.3m in 3Q11
The group recorded a 10% increase in revenue, mostly contributed by Resorts World Sentosa.
Raffles Education’s profit jumps 13% to S$16.9m in 1Q12
The group recorded a net gain of S$15.9m from the 50% sale of its wholly-owned subsidiary, Value Vantage.
In a nut shell: Olam enters hazelnuts business
Olam will acquire 100% of equity interests in hazelnuts exporter from Turkey.
Singapore retail rents rise for the first time in three years
Retail sales in Singapore rose by 7.4%, resulting in an average rental increase of 3.2% in 3Q11.
Yoma posts first half profit at S$2.55m
Revenue for 2QFY2012 rose 505.0% from S$1.20 million in 2QFY2011 due to strong sales of housing and land development rights in Myanmar.
Yongnam third quarter profit up 23.3% to S$16.8m
The company obtains a strong order book of S$480mn as at Sept 30, 2011.
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