Singapore
OCBC NIM falls to 1.9% in 1Q11
OCBC 1Q 2011 core net profit of $596 million was in line with expectations except for the disappointment in lower NIM.
OCBC NIM falls to 1.9% in 1Q11
OCBC 1Q 2011 core net profit of $596 million was in line with expectations except for the disappointment in lower NIM.
IE Singapore and KADIN Indonesia tie up to boost investments
The collaboration further opens opportunities for Singapore companies in utilities infrastructure, agri-processing and oil & gas.
Singapore Airlines profit fell 38% in 4Q FY2010-11
SIA's profit fell to $171 million, amid higher fuel prices and lower load factors.
Government urge SMEs to participate in productivity drive
SMEs play a critical role in Singapore's economy, said Gan Kim Yong, Minister of Manpower.
Strong volumes boost Olam earnings for 3Q11
The food products supplier’s net profit jumped 43% YoY to S$127mln on the back of improved NC per ton for all but two of its segments.
Singapore remains threat to Hong Kong in fund management
Assets under management by fund managers in Singapore have reached new high of $1.4 trillion.
Moody’s retains SingTel’s Aa2 rating for 2010
The telco’s financial metrics and liquidity profile remain robust and continue to leave its standalone rating well positioned at the single A range.
Tiger Airways April passenger volume up 23% to 6.1mn
The airline’s load factor from May 2010 to April 2011 averaged 86%, compared to 85% in the previous 12 months.
Singapore lifts travel advisory against Japan
Singapore's Foreign Ministry lifted its advisory to Singaporeans against non-essential travel to Japan that was issued in March this year.
Olam net profit surges 55.9% in nine months FY11
Olam reported a Net Profit After Tax of S$265.9 million for the nine months ended March 31, 2011.
MCL Land bagged tender for residential site at Pasir Ris
They submitted the highest bid of $246.1 million, said URA.
KK Women's and Children's Hospital launched iPhone application
The application, Woman&Child HealthPedia, is dedicated to women's and children's health, with an initial focus on pregnancy health in an Asian context.
Record US$233mn lost to pirated software in 2010
34 percent of software deployed on PCs last year was pirated, said the Business Software Alliance.
Singapore remains third most expensive office location in Asia Pacific
Hong Kong beat Tokyo and Singapore to the top spot after surging 11.9 per cent QoQ in 1Q 2011.
City Developments net profit jumped 78% in 1Q11
Net profit increased to $282 million and revenue rose 10% to $773.7 million.
OCBC net profit surged 24% in 1Q11
OCBC reported a net profit of S$628 million for the first quarter.
ST Engineering revenue soars 15% in 1Q11
Despite a jump in its revenue to S$1567.2mln, the company still experienced a margin squeeze due to product mix. at around 18.8% vSome margin squeeze in 1Q11.
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