News
Genting Singapore may fund new overseas venture
DBS believes the company will issue perpetual bonds and use it to invest abroad.
Genting Singapore may fund new overseas venture
DBS believes the company will issue perpetual bonds and use it to invest abroad.
Capacity cuts by SIA Cargo only a stopgap
The new 20% reduction in freighter capacity can alleviate the losses but it won't be enough, says DBS.
Cosco’s net profit plunges 44% to $139.7m in 2011
As turnover from its dry bulk shipping business plummeted by more than 50% due to lower charter rates.
Sembcorp Marine’s net profit plunges 13% to $752m in 2011
As its rig building projects weren’t so profitable in 2011.
ST Engineering’s net profit jumps 7% to $527.5m in 2011
Except for its Marine segment, which suffered from a $164m loss, all segments recorder higher revenue in 4Q11.
International Cruise Terminal won’t propel Singapore’s hotel sector
ICT will be busy by 2Q12 but OCBC expects most cruise passengers will fly into Singapore, take a cruise, return to land and then fly off, without staying in hotels.
Greener pasture overseas for land transport operators
Public transport group may experience no respite at home but better prospects abroad await, says UOB kay Hian.
Wilmar International turns more cautious on oilseed & grain division
The group flagged that oilseeds &grains may only breakeven in FY12 if operating conditions nin China do not improve.
Singapore’s trade to grow faster than world average over next 15 years: HSBC
Singapore’s companies to increase trade activity by 5.00% annually.
Resorts World has again lost market share to Marina Bay Sands
Genting Singapore' gambling business reports lower mass market gross gaming revenue and VIP volume in 4Q2011.
Neptune Orient Lines’ shipping business disappoints
The liner is sailing in rough seas with net loss of US$320.4m still significantly wider than the 3Q11 loss of US$91.1m.
Chart of the Day: Singapore High Domestic Inflationary Pressure
CPI inflation for January likely moderates to 4.7% from December’s 5.5% but upside risk remains says DBS.
Currency Briefing - what you need to know for Thurs Feb 23, 2012
The Singapore dollar slipped against the US dollar amidst global economic uncertainty.
Singapore Markets Morning Briefing - what you need to know for Thurs Feb 23, 2012
There was retreat on Wall Street and the Nikkei started weak.
HDD makers relishing fat margins while suppliers struggle
Most suppliers cannot raise prices even as HDD manufacturers sell on high margins, says CIMB.
Which Wilmar segment is the stalest?
OCBC singled out Oilseeds & Grains as having a doubtful recovery among an already underperforming lot.
Tiger Airways Holdings lifting off to profitability?
Turnaround seen as early as 3QFY13 if overseas plans pull through and local demand recovers, says DBS.
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