Singapore
UOB’s net profit up 3.8% to S$636m in 2Q11
Loans expanded 7%QoQ and was largely driven by financial institutions.
UOB’s net profit up 3.8% to S$636m in 2Q11
Loans expanded 7%QoQ and was largely driven by financial institutions.
"Even more important than physical investments is our people": Prime Minister
PM Lee Hsien Loong talked about building the sense of being Singaporean, of ownership and belonging, during the National Day Rally.
New deal swells Swiber’s order book to US$752mln
The offshore services company secured a US$30mln contract to perform platform installation services for an oil major in South Asia.
Fraser and Neave’s profit rises 17% to $751m in 3Q11
And its revenue grew 2% to $1.4b, driven by strong sales in Food & Beverage.
NOL capsizes with US$67m loss in the first half
It was an overturn from the US$1 million profit in the same period last year.
ComfortDelGro’s net profit up 2.9% to $59.9m in Q2 2011
And 37% of its $843m revenue came from overseas bus operations.
Chip Eng Seng’s Q2 net profit down by 14%
Chip Eng Seng reported a year-on-year decrease of 14.2 per cent in its net profit for its second quarter to S$17.7 from S$20.7 million recorded during the same period last year.
CityDev 2nd quarter net income up, expects momentum to continue
City Developments reported a 17% rise quarterly earnings.
Trash it: Waste management industry to get $5m training boost
6,000 workers shall get more training as Singapore aims to set a target of 60% recycling rate by 2012.
Global companies struggling to comply with tax rules
And 64% of the world’s largest companies experienced unplanned tax audits within the past year.
Brace yourselves for a looming recession, warns analyst
The global index is down by 16% since August 1 and by 19% since it peaked in late April.
City Developments’ profit rises 17% to S$220.9m in 2Q11
CDL sold 809 residential units at a total value of S$794m in 1H11.
Noble’s net profit plunges 31.2% to US$139.8m
And its revenue eased 1.6% to US$19.6b.
DBS appoints Tam Thye Hung as Head of Global Transaction Services in Indonesia
Tam is taking the place of Stephen Lee Kiang Wah, who is now Senior Vice President, Trade Product Management Team, GTS, in Singapore.
Wilmar’s net profit up 14.1% to US$393.1m in 2Q11
Its revenue also surged 56.2% to US$10.5b.
UOL’s profit up 16% to S$202.2m in 2Q11
Its revenue also increased 40% YoY to S$455.9m.
Golden Agri-Resources’ net profit drops 22% to US$179.9m in 2Q11
While its revenue surges 9.4% to US$1.6b.
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