News
Viz Branz reveals update on shareholders’ ownership dispute
Chng Khoon Peng filed a suit against Ben Chng Beng Beng for a dispute over the ownership of ~19% shares in the Company in February but they have finally come to terms.
Viz Branz reveals update on shareholders’ ownership dispute
Chng Khoon Peng filed a suit against Ben Chng Beng Beng for a dispute over the ownership of ~19% shares in the Company in February but they have finally come to terms.
Commercial real estate sales in AsiaPac jump 36% in 3Q11
And Singaporean investors continue to be the major overseas purchasers across the region.
Sembcorp Industries profit down to S$222.4m
It dropped from S$244.1m in the third quarter of 2010, as Sembcorp Industries' Marine business posted profit decline.
Singapore Exchange suspends MF Global
Bad news for MF Global as almost all of its customers’ positions on SGX have been transferred or closed out.
Mayday, mayday: SIA half-year profit down 62%
Guess what caused the airline’s profit to fall by $394m.
Troubled waters: Sembcorp Marine profit down 25% to $223m
It's a dive from the almost $300m profit for the third quarter of 2010.
Charge it! MasterCard reports incredible 3Q11 results in Asia Pac
Well that’s not hard to believe as cardholders swiped it for a whopping 1,483m purchase transactions.
UOB’s profit slumps 18% to S$522m in Q3 2011
You can well blame it on poor trading and investment income.
What you need to know about Berger International’s legal case fiasco
Its subsidiary was sued by one unhappy customer last year, and the claim was dismissed by the High Court - but now the Court of Appeal just overturned this decision.
OCBC profit down 10% to S$513 million in the third quarter
Blame is thrown at the volatility of the financial markets which had an adverse impact on the bank’s trading income.
41% of rich Singaporeans seek investment advice from relatives over financial advisors
Looks like blood is truly thicker than water when it comes to investment decisions.
SOS: COSCO profit down 42% to S$32.2m in the third quarter
The company cited lower profit contributions from dry bulk shipping and shipyard operations as the culprit.
Analyst warns AsiaPac REITs who depend on bank debt for funding
Stricter bank regulations and increasing bank debt costs might just take its toll on the REITs’ finances, so beware.
Manufacturing firms to hire less and lay off more in Q4 2011
But you can still keep your hopes high on this one sector which is most optimistic about employment opportunities.
“Sorry, but I work alone”: Singapore’s wealthy
Looks like banks and investment houses have to work extra hard as 85% of rich Singaporeans prefer to make investment decisions on their own.
Singapore’s manufacturing sector still in the red for 4th straight month
Manufacturing PMI remains stuck in contraction territory for October despite climbing to 49.5.
Ready for your potential salary increase in 2012?
Well you'd better be as you’re bound to get more wage hike than your Hong Kong counterparts - isn’t that great?
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