Singapore
Moody's upgrades China's ratings to Aa3; maintains positive outlook
Moody's upgrades China's ratings to Aa3; maintains positive outlook
The action raises the government's foreign and local currency bond ratings to Aa3 from A1, China's country ceilings for foreign and local currency bank deposits to Aa3 from A1, and the ceilings for foreign and local currency bonds to Aa3 from A1.
Sunvic leaves analysts speechless
Phillip Securities Research notes the chemical manufacturing company’s “spectacular ascent” as its net profit exceeded the estimate by 91.1% and revenue by 22.2% for 3Q10.
SAP remains resilient in 3Q, posts 26% revenue jump
Software and Software Related Services revenue in the Asia Pacific-Japan region reached €300 million while total revenue saw a corresponding 20% growth to €365 million.
Global Yellow Pages cuts loss by 34.2% to S$2.2mln
The group eyes to return to green as it invests in infocommunications services and partnership with StarHub fuel its growth plans.
SingTel mobile customer base up 35% to 368mln
Optus 3G subscribers increased to 4.5mln in the quarter, with wireless broadband subscribers more than 1mln.
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Noble Group impresses analysts, clinches stock recommendation boost
Phillip Securities Research has upgraded the trading company's stock recommendation to a "Buy" in light of its 82% jump in revenue for 9M10 and recovery of its margins in the Agriculture segment.
IIFL is SGX's first Indian member
The admission of a unit from India Infoline Group to its securities market as a Trading brings the number of Clearing Members for SGX’s securities market to 29 and the number of Trading Members to 30.
Down but still strong: BBR posts lower revenues, but profit still up
The construction company's revenue for the first nine months of 2010 might have contracted due to lower revenue contribution from general construction, but gross profit expanded 49%, thanks to specialised engineering projects.
Singapore Airlines accomplishes first half profit turnaround to $633mln
The Group sees steady growth as advance bookings for the coming months indicate that demand is holding up.
Changi Airport to use sustainable energy
The airport sets environmental targets by conserving energy, recycling water, and tree planting.
Island Power proceeds construction of S$1.2bln power plant
Work on 800MW plant has started while SP PowerAssets will build interconnection to enable Island Power to export power to the Transmission Network.
StarHub third quarter profit up 4% to S$82mln
The company expects to maintain its year-on-year growth of its 2010 operating revenue to be in the low single digit range.
Memtech third quarter profit doubles to US$3mln
The company to focus on touch screen panel operations, with production of high end capacitive touch screen panels targeted to start in 2011.
King Wan six month profit up 184% to S$12.8mln
The group maintains S$143mln order book, of which, S$28.9mln worth of contracts were secured in second quarter FY2011.
Boustead profit down 25% to S$8.1mln
The Group’ maintains healthy net cash position of S$183.9mln at the end of second quarter of FY2011 as its Energy-related engineering revenue up 34%.
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