Singapore

Singapore Exchange suspends MF Global

Bad news for MF Global as almost all of its customers’ positions on SGX have been transferred or closed out.

Singapore Exchange suspends MF Global

Bad news for MF Global as almost all of its customers’ positions on SGX have been transferred or closed out.

SGX Mainboard welcomes Parkson Retail Asia

The second biggest department store operator in Malaysia plans to use most of its IPO proceeds to expand its business in existing markets and to open a new store in Cambodia.

Nikko Asset Management Singapore appoints Ng Soo Nam as Executive Director

Mr Ng worked as Chief Investment Officer for Mirae Asset Global Investment Management (Asia).

Mayday, mayday: SIA half-year profit down 62%

Guess what caused the airline’s profit to fall by $394m.

37 worksites slapped with stop work orders

Imagine the almost 2,000 violations discovered by the Ministry of Manpower in the first nine months of 2011.

Troubled waters: Sembcorp Marine profit down 25% to $223m

It's a dive from the almost $300m profit for the third quarter of 2010.

Charge it! MasterCard reports incredible 3Q11 results in Asia Pac

Well that’s not hard to believe as cardholders swiped it for a whopping 1,483m purchase transactions.

UOB’s profit slumps 18% to S$522m in Q3 2011

You can well blame it on poor trading and investment income.

Parkway Life REIT’s net property income up 3.6% to S$20.1m

The company’s registered gross revenue also increased 4.1% to S$22 million.

You won't believe how much cloud services will be worth by 2014

Cloud computing is here and SMEs in Singapore need to embrace it. The transition to public or private clouds is gaining pace as companies in Singapore realize the potential for transforming business capabilities and driving new innovative services. Cloud computing in Singapore is expected to grow 43 per cent over the next five years, exceeding the forecast of 29 per cent in the region.

Seizing opportunities for South East Asia's oil and gas industry

Since 2010, South-East Asia has consolidated its position as an important contributor to the global downstream market with Petronas’ recent announcement of its plan to build the new RAPID facility in Malaysia one further example of the region’s growing importance.

Sectors with buoyant recruitment activity revealed

Despite global uncertainty our latest Hays Quarterly Report for the October-December quarter shows there are still a number of areas actively hiring as companies pursue aggressive growth and expansion plans. The market continues to remain active following ongoing investment by the government and private investors in a number of key sectors including oil and gas, pharmaceutical, R&D, banking and financial services and tourism.

What you need to know about Berger International’s legal case fiasco

Its subsidiary was sued by one unhappy customer last year, and the claim was dismissed by the High Court - but now the Court of Appeal just overturned this decision.

Rotary Engineering’s net profit slumps 40% in 3Q11

The company’s earnings were even worse than analyst and consensus estimates.

Worst case scenario: Residential vacancy rates and unsold stocks may shoot up next year

Looks like a valid reason to worry about the growing imbalance in residential supply and vacancy rates, don’t you think?

OCBC profit down 10% to S$513 million in the third quarter

Blame is thrown at the volatility of the financial markets which had an adverse impact on the bank’s trading income.

41% of rich Singaporeans seek investment advice from relatives over financial advisors

Looks like blood is truly thicker than water when it comes to investment decisions.