News
SembMarine’s net profit sinks by 36% to $247m
Blame it on lower contributions from rig building.
Chart of the Day: Banks buckle up for a rough 2016 earnings ride
They’re shaking their heads over vanishing loan growth.
Daily Markets Briefing: STI up 0.41%
Find out the index’s star performer.
Daily Briefing: Singapore ranks 2nd in built asset wealth; BBC TV Centre to lure Singaporeans
And here are things Singaporeans buy that end up as clutter.
Singapore tourist arrivals inch down by 0.6% to 10.2 million
Despite a surge of Chinese tourists.
SATS eyes $71m deal to acquire 49% stake in Malaysian airline caterer
KL’s Brahim’s Airline Catering also serves Malaysia Airlines.
Consumers rely more on energy firms’ know-how for advice: survey
Singapore’s energy firms are more trustworthy than global peers.
Haze and holidays pull MapletreeCom Trust’s income up by 5.1% to $52.1m
Tenant sales ended a three quarter struggle.
Weakening industrial space prices and rents continue stumble in Q3
Overall industrial space prices declined by 0.3%.
Ageing population a double-edged sword for IHH Healthcare
It’s struggling with dwindling bed supply.
Can derivatives bail SGX out of an increasingly volatile Asian market?
Slower corporate activities and M&As are anticipated.
There’s an app for that: LTA solicits devs’ help to create transport planning app
It will generate the best routes across multi-modal options.
CapitaLand Mall Trust net property income slips by 0.7% to $113.2m
On back of lower contributions from key properties.
M1’s postpaid and prepaid businesses take opposite routes
Its recent promos focus more on the latter.
Frasers Centrepoint net property income jumps by 11% to $131m
Steady rental income growth led the charge.
SGX profit shoots up by 28% to $99m
Spearheaded by strong derivatives growth.
Chart of the Day: Singapore banks’ NIMs overachieve for the last two quarters
Unfazed by shrinking SIBOR-LIBOR interest rate differential.
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