News
Temasek amasses 1.03% stake in Alibaba
As it seeks to benefit from rising consumption in Asia’s biggest company.
Temasek amasses 1.03% stake in Alibaba
As it seeks to benefit from rising consumption in Asia’s biggest company.
Olam’s operating profit crashed 29% to $32.2m in Q1
Its hazelnut business was the main drag.
CapitaLand injects $220m into its maiden Indonesian integrated development
The project will be in Jakarta’s CBD.
Chart of the Day: Almost 500% spike in Singapore’s 2014 warehouse supply to pressure rental rates
Coupled with stagnant demand.
Daily Briefing: Raffles Place stabbing victim had $800,000 in cash and valuables; Top rental yield projects mostly located in suburbs;
And Bedok Integrated Transport Hub opens 30 Nov.
Daily Markets Briefing: STI up 0.3%
Expect more good news today.
First Resources’ profit down 15% in Q3 as palm oil prices plunge
Earnings per share dipped 16%.
Resilient office rents propped up Ho Bee’s profits in Q3
Net profit jumped 83.2% last quarter.
Motor vehicle sales surged 30% in September
Overall retail sales went up 5.5%.
Year-long earnings drought awaits local casinos as high-rolling tourists vanish
Can the gaming giants withstand it?
Frasers Centrepoint’s net profit slipped 31% in FY14
Blame it on high restructuring costs.
Fraser and Neave’s growth to grind to a halt as Myanmar Brewery exits
Topline growth will drop to 3%.
Local shippers urged to keep calm over OW Bunker collapse
Disruption in Singapore has been minimal.
New Bedok Integrated Transport hub set to open on Nov 30
It will serve over 40k commuters daily.
Cash-strapped Singaporean execs struggle to make ends meet each month: report
Almost 1 in 2 execs have zero savings.
ComfortDelGro’s profit up 5.3% to $80.8m in Q3
But expect a weaker Q4.
SATS’ Q2 profit down 3.3% as cost pressures mount
Headwinds will persist in the near term.
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