Singapore

Neptune Orient Lines runs aground as losses approach $1bln

It may be time to abandon ship as NOL lost almost $1billion and analysts see no signs of profits on the horizon as the sharks circle.

Neptune Orient Lines runs aground as losses approach $1bln

It may be time to abandon ship as NOL lost almost $1billion and analysts see no signs of profits on the horizon as the sharks circle.

CSFI/PwC report warns of Asian banking risks

Over-reaction of regulators ranked as the biggest fear of Asian bankers.

Singapore lifts ban on sales of structured notes by DBS, Maybank and RBS

Singapore's central bank said on Thursday it will lift the ban on sales of structured notes for DBS Bank, Malayan Banking Bhd and Royal Bank of Scotland.

Neptune Orient says losses in first half 'quite likely'

Neptune Orient Lines Ltd said it may be unprofitable in the first half because of concerns about the sustainability of a pick-up in demand.

Latitude Tree profits up to S$11.5 M on higher sales

Latitude Tree International Group Ltd. reported Thursday a 126.4% surge in net profit to S$11.5 million for the six months ended December 31, 2009 (HY2010).

Olam International profits up 50% on rise in volume

Olam International Ltd reported on Thursday a 50.3% rise in net profit after tax for first-half ended December 31, 2009 (H1 FY2010).

Fraser and Neave profits up to $267m on F&B and properties

Fraser and Neave Ltd. reported Thursday its profits doubled to $267 million for the first quarter ended 31 December 2009.

Hiap Hoe profits up 319.5% on increased projects

Hiap Hoe Limited has reported a a record net profit of $34.3 million for the financial year ended 31 December 2009 (FY09).

UniCredit pulls trade team out of Singapore

The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.

Resorts World Sentosa opens casino on Valentine's Day

Resorts World Sentosa will celebrate the holidays with the opening of its casino as it welcomes its first public guest on Sunday.

Great Eastern profits up 90% on investment returns

Great Eastern Holdings Limited reported Wednesday a full-year 2009 net profit of $516.7 million.

Dubai's Emaar to sell stakes in Singapore retailer RSH

Dubai's Emaar Properties is looking at selling its stake in RSH Holdings, a Singapore retailer valued at $164 million.

Sino-Environment appoints Sam Chong Keen as Exec Director/CEO

Sino-Environment Technology Group Ltd announced Wednesday the appointment of Sam Chong Keen as Executive Director and Chief Executive Officer for two years.

China Fishery profits up by 12.5% due to increased catch

China Fishery Group Ltd. announced Wednesday its net profit went up 12.5 percent to US$18.3 million from US$16.2 million.

Temasek creates breakaway investment firm "Sea Town"

Temasek Holdings, the Singapore Government Investment firm, is creating a new spinoff for international investments called Sea Town and has appointed Charles Ong as its CEO.

2010 salary survey reveals who is earning what

Local salary levels may have remained static, but Robert Walters lets us in on the figures.

DBS interested in investing in Chinese bank

Possible investment in a mainland lender is part of DBS' aggressive expansion plan.