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Eu Yan Sang’s full-year profit plunges 70% to $4.56m
Eu Yan Sang’s full-year profit plunges 70% to $4.56m
Macro headwinds trumped traditional medicine.
Weak rupiah, soft sales undermine Courts Asia’s profitability drive
Sales will be flat this year.
Spackman Entertainment unit seeks listing in Hong Kong
As part of its restructuring exercise.
Midas bags three rail deals worth $14.6m
Slated for delivery in 2015 and 2016.
Hi-P International starts USD126m lawsuit against delinquent customer Yota
Yota failed to pay for all its orders.
Noel Gifts' net profit almost doubles thanks to Jubilee baby gift pack
Net profit jumped 84.6% to $2.9m.
Frasers Hospitality acquires 30th property in China for $100m
Located in the city of Dalian.
BreadTalk apologises over soymilk debacle, gives away 50,000 free Floss buns
It will also donate $50,000 to Community Chest.
Serial System to acquire stake in Tong Chiang Group for $4.5m
It’s a food manufacturer and caterer.
IPS Securex cruises towards 2016 as profit doubles
Profit is expected to grow ten-fold next year.
SGX mulls segregation of collateral of derivatives clearing members’ affiliates
To provide more safeguards against default.
Midas clinches three aluminum alloy extrusion supply contracts worth $20.8m
Orders are slated for delivery in 2015 and 2016.
Ley Choon bags $6m worth of contracts from PUB
For watermain repairs and construction.
Local jeweller Soo Kee Group joins the Catalist
It has over 60 stores in Singapore and Malaysia.
Frasers Commercial Trust completes inaugural Melbourne acquisition worth $246m
Committed occupancy has risen to 98.4%.
Aspial unveils maiden retail bond issue
Up to $75m of bonds will be issued.
Citic Envirotech’s net profit plunges 85% to $3.3m
Blame it on a one-off expense.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape