Singapore
KSH Holdings first half profit at $8.5mln
The group reports order book of S$243.0mln and balance sheet and working capital position with cash and cash equivalents of S$69.2mln.
KSH Holdings first half profit at $8.5mln
The group reports order book of S$243.0mln and balance sheet and working capital position with cash and cash equivalents of S$69.2mln.
Kim Eng increases equity interest in ATR KinEng Fixed Income
Increase of 320,000 shares to 1,520,515 shares was driven by stock dividend of 400,515 shares and the issue of 800,000 new shares paid to Rezan.
Fortune REIT finishes strong in 3Q, revenue income up by 23.5%
The Singapore-listed trust's net property income also grew by 24.5% to HK$444.5 million for the first nine months of 2010 as improved economic conditions revive interest in acquiring properties.
Sarasin forms Wealth Management Solutions division for Asia
The team, which will be headed by Anne Luke as a Managing Director, will be responsible for originating, structuring and executing sophisticated tailor- made solutions for clients.
Hazy future for Hyflux due to thinning orderbook
The company’s 3Q10 performance exceeded expectations but outlook is dampened because of the project delay in Libya.
Fitch assigns expected 'A+' rating to OCBC's subordinated notes
The rating on the Subordinated Notes—due 2022 callable in 2017—is one notch below OCBC's 'AA-' Long-term foreign-currency Issuer Default Rating (IDR).
74% of Singaporeans happy with their current jobs, but would be happier if their paychecks are raised
Over three-quarters of employees in Singapore are content with their present employers-- with under two-fifths planning a job switch over the next 12 months— but they also expect a year-end salary increase.
TMS Academy appoints new regional director
TMS Asia-Pacific CEO Andrew Chan has appointed strategic business expert Adelyn Ngion to take management responsibility for the company’s globally-spread executive training division.
Sembcorp Marine's surge seen to continue until 2012
Analysts have raised net profit estimates by 2.8% to S$785m in FY2012E as crude oil prices are likely to bring in more orders for the shipping company.
DBS Bank seen to defy analysts' year-end predictions
With record net profit of S$1.97b for 9M10 and revenue growth of 14.7% y-y, the bank’s full year earnings for FY10 is likely to exceed the S$6.9b forecast by about S$300m.
Crystal Cruises' winning streak continues, voted best luxury cruise line for the 17th time
The wholly-owned NYK subsidiary was picked by both the US and UK editions of Conde Nast Traveler magazine and holds the distinction of having won the award more than any other cruise line, hotel, or resort in history.
Hold your horses: Polo enthusiasts have to be invited to play in new Tianjin landmark
Tianjin Goldin Metropolitan Polo Club and Hotel boasts of two full-sized international standard polo fields—the largest of its kind in China—and they are exclusively for members’ use.
CSC second quarter profit up 20% to $11.2min
The group’s stays healthy at $210mln behind improvement in Singapore’s construction sector.
Soilbuild clinches contract for prime industrial site
The developer won the tender for parcels 2, 3 and 4 at Yishun Street 23/Yishun Avenue 9 with a S$64.01m bid.
The little nation that could: Singapore leaves big countries biting its dust
Singapore tops the World Bank’s list of countries with the most business-friendly regulations for the record fifth time as companies remain satisfied with the ease of conducting business in the country.
Business as usual: Changi Airport operations unaffected by Qantas plane distress
An updated statement from CAG said Runway 2, which has remained closed since the landing, will reopen later today while flights have continued to take off and land at Runway 1.
DBS Bombshell results: killer new strategy pays off
The bank's 3Q earnings rise 28% from 2009 to a record S$722m while net interest income rose 1% from the previous quarter to S$1.08 billion as the benefit of loan growth was offset by continued softness in interest rates.
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