Singapore
Opportunities for real estate investors in North Asia
Asia, the world’s largest continent with 47 countries and approximately four billion people, has emerged as a major real estate investment destination in recent years. From a strategic standpoint, Asia provides higher long-term returns, diversification and unique opportunities driven by strong long-term demand, which is fuelled by fast growing economies, rapid urbanization, and increasing personal income.
Opportunities for real estate investors in North Asia
Asia, the world’s largest continent with 47 countries and approximately four billion people, has emerged as a major real estate investment destination in recent years. From a strategic standpoint, Asia provides higher long-term returns, diversification and unique opportunities driven by strong long-term demand, which is fuelled by fast growing economies, rapid urbanization, and increasing personal income.
DBS not alarmed by GDP plunge for 3Q10
The bank said the 18%QoQ saar (10.8% YoY) GDP dip for the quarter is an upward revision from the advance estimates (-19.8% QoQ saar, 10.3% YoY) given the better than expected industrial production growth in September.
Post-retirement products: the next big challenge for retirement funds
“Ultimately, members will look to their pension fund to provide the strategies and products they need for a secure and enjoyable retirement lifestyle. So it’s up to the industry in every market to think about the best way to deliver that, through whole-of-life strategies that respond to individual needs and situations.”
Rated Asian corporates cash rich with about US$230B- Moody's
The ratings agency said that rated non-financial corporates ave been building their positions for expansion, acquisitions and liquidity despite noises over global economic conditions.
SGX and LME to launch three metal futures next year
The two exchanges will jointly launch metal contracts in aluminium, copper and zinc on SGX on 15 February 2011.
Maybank Singapore cashes in on loans growth for 3Q
Gross loans in Singapore operations now constitute 19.3% of the bank's total loans globally, compared with 19% in September 2009.
Metro Holdings reports higher revenue, turnover of properties for 1HFY2011
The property development and investment firm's revenue rose 18.5% to S$82.6 million from S$69.7 million in the half year ended September 30, 2009. Net profit attributable to shareholders surged 162.6% to S$58.8 million in 1HFY2011 from S$22.4 million in 1HFY2010.
SGX welcomes European shipbuilder on the mainboard
STX Offshore and Specialised Vessels (STX OSV) Holdings Limited, will be listed under the ticker symbol "STXOSV".
Olam first quarter FY2011 profit up 56% to S$29.7mln
Growth in four business segments contributed to the group’s sales volume surge as key strategic initiatives worked out.
Koh Brothers nine month profit up 38% to S$10.1mln
The group’s Construction and Building Materials division primary contributor to 14% increase in revenue behind upbeat economy and positive sentiments for the construction sector.
Asia Pacific Breweries profit up 65% to S$261mln
Revenue grew 26% to S$2.5bln as the group attributes growth to IndoChina region’s contribution, accounting for 48% APB’s PBIT.
M1 broadband network delivers 1box's Internet on TV
M1 customers can now access 1box’s Internet on TV, while using social networking sites.
Banyan Tree gets Singapore Tatler's nod for leadership in environment
The hotel and resort developer won the luxury magazine’s award for its contribution to protect the environment while conducting its operations around the world.
Swiber's 3Q gross profit surges 79.9% to US$26.5m
The offshore construction services provider reported a 27.5% increase in revenue to US$122.4, taking into consideration the contributions arising from the projects awarded to the company since November 2009.
Moody's on SingTel's profit jump in Q2: We saw it coming
The ratings agency said the telecommunications company’s S$4.44b revenue was in line with its expectations and has no immediate impact on the company's Aa2 rating.
Juluca project propels Heeton's 63% profit surge for 9M
The niche property developer Heeton Holdings has posted a net profit of $16.9 million for the nine months on revenue of $32.7 million, compared with net profit of $10.3 million on revenue of $41.9 million a year ago. This takes into account a $4.7 million profit contribution during the nine months from the divestment of wet markets operations in 1Q10. Excluding this item, the increase innet profit from continuing operations was 25.1%.
SGX listing benefits Kreuz Holdings; 3Q revenue jumps 6%
The subsea solutions company raked in US$13.6m for the quarter while its gross profit margin doubled to 34.9%.
Read Here
Advertise
Sign Up
