Singapore
Noble Group impresses analysts, clinches stock recommendation boost
Phillip Securities Research has upgraded the trading company's stock recommendation to a "Buy" in light of its 82% jump in revenue for 9M10 and recovery of its margins in the Agriculture segment.
IIFL is SGX's first Indian member
The admission of a unit from India Infoline Group to its securities market as a Trading brings the number of Clearing Members for SGX’s securities market to 29 and the number of Trading Members to 30.
Down but still strong: BBR posts lower revenues, but profit still up
The construction company's revenue for the first nine months of 2010 might have contracted due to lower revenue contribution from general construction, but gross profit expanded 49%, thanks to specialised engineering projects.
Singapore Airlines accomplishes first half profit turnaround to $633mln
The Group sees steady growth as advance bookings for the coming months indicate that demand is holding up.
Changi Airport to use sustainable energy
The airport sets environmental targets by conserving energy, recycling water, and tree planting.
Island Power proceeds construction of S$1.2bln power plant
Work on 800MW plant has started while SP PowerAssets will build interconnection to enable Island Power to export power to the Transmission Network.
StarHub third quarter profit up 4% to S$82mln
The company expects to maintain its year-on-year growth of its 2010 operating revenue to be in the low single digit range.
Memtech third quarter profit doubles to US$3mln
The company to focus on touch screen panel operations, with production of high end capacitive touch screen panels targeted to start in 2011.
King Wan six month profit up 184% to S$12.8mln
The group maintains S$143mln order book, of which, S$28.9mln worth of contracts were secured in second quarter FY2011.
Boustead profit down 25% to S$8.1mln
The Group’ maintains healthy net cash position of S$183.9mln at the end of second quarter of FY2011 as its Energy-related engineering revenue up 34%.
Old age slowing 'em down: A combined 70% of IT execs admit to running apps as old or even older than their kids
Application modernization is companies' top priority for 2011 as they reach a consensus that the costs, resources and time required updating and maintaining legacy applications negatively impacts their ability to quickly deliver new services, according to a new survey conducted fon behalf of HP.
Still no place like home: 70% of investors averse to expanding their portfolios abroad
Singapore and Hong Kong are the only Asian countries attractive to 30% of investors prepared to venture outside their local markets, a new survey revealed.
Bangladeshi brokerage firm partners with Macquarie Securities Group to advance market research
BRAC EPL Stock Brokerage Limited's research agreement with MSG enables MSG’s clients to receive co-branded equity research on Bangladesh.
J.P. Morgan appointed depositary bank of one of China's leading IELTS examiner
Global Education and Technology Group Ltd expects to use the capital from the 7,331,250 ADSs it has issued – priced at USD 10.50-- to expand its working capital and further its operations in China.
CapitaMalls Asia to invest S$747.2mln in Shanghai mall and office development
The site in Luwan district will be well positioned to serve the affluent residents and working professionals.
Keppel Land to issue S$500mln convertible bonds
Proceeds will be used to finance potential acquisition opportunities in the future, to refinance existing debts and for working capital purposes.
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