News
Sembcorp secures first drillship order for Brazil
But management admits that the $792.5m-worth of drillship contract won’t have any material impact for FY2012.
Sembcorp secures first drillship order for Brazil
But management admits that the $792.5m-worth of drillship contract won’t have any material impact for FY2012.
Meet the slacker arm of Singapore Airlines
SIA Cargo will continue to bleed profits this year and weigh down the troubled airlines, says PhilipCapital.
SGX securities trading jumps 47% to $1b in January
SGX starts the year on a good note, with growth in its commodities, clearing and fixed income activities last month.
Real estate lending to pose threats to 2012 transactional volumes
But despite ‘debt threats,’ Jones Lang LaSalle still estimates volumes to be stable at around $400b.
Singapore ranked fifth active city in real estate activity
Total direct real estate activity may have slacked off with a 4% rise in 4Q11, but there are still some sweet spots for investors.
What bonus? 20% of finance pros don’t expect any
While a majority of finance professionals in Singapore expect to receive a bonus this year, a third believes their bonus will be less.
DBS is analyst’s top pick over OCBC and UOB
Well it’s not surprising as DBS’s ROEs leapfrogged its peers in 3Q in a climate of poor capital markets and low interest rates.
UOB's profit seen to have increased 10% in 4Q11
An analyst expects the bank to post a S$574m net profit when it announces its 4Q11 results on 24 February.
Which real estate sectors are hot for investors?
Retail is continuing the inroads it has made in recent years, reaching almost 30% of total transactions in 2011.
After the flood, a mass tech take-off?
Battered tech companies mired in Thai flood problems will play catch-up in 2012, says DBS.
SIA’s net profit crashes 53% to $135m in 3Q11
Rising jet fuel prices had adversely affected the group’s performance for the quarter.
StarHub’s revenue jumps 10% to S$613m in 4Q11
Nearly half a million Singapore households were taking up two or more StarHub services last year.
Will OCBC’s increased US$ trade finance loans continue?
CIMB expects a loan growth of 6% qoq despite high US$ LDR and a general scarcity of dollar deposits in the system.
Marina Bay Sands suffers same constraints of Resorts World Sentosa
Yes they are competitors, but could it be that Marina Bay Sands is also sharing Resorts World Sentosa’s woes on accommodation constraints and higher credit provisioning?
DBS seen to post S$700m net profit
But loan growth is expected to slow to 4% qoq.
Commercial insurance rates seen to surge
Rate increases of over 30% are being experienced in disaster-hit regions across Asia.
Asia Pacific airlines reported sharpest fall in airfreight in 2011
But don’t worry as this should only be temporary - find out why.
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