News
Daily Briefing: HSR a tenuous tale of transport and trust; Leedon Residence posts strong sales after TOP
And marketing lessons from durians.
Daily Markets Briefing: STI down 1.5%
Expect a slight rebound today.
The inside story on how loss-making NOL finally managed to book a profit in Q2
It gained massive cost savings from an unexpected source.
SembMarine struggles to stay afloat as cash-strapped customers defer rig orders
At least $2b of rig deliveries will be delayed.
Overall bank lending jumped to 5-month high in June
Loans reached $606.8b last month.
Battered luxury residential market finally shows signs of life in H1
Buying interest ticked up at long last.
Consumer watchdog demands tighter safeguards against bankrupt travel agencies
Agencies must provide a security bond.
MEHL takes Fraser and Neave to court, demands final MBL sale by August
But F&N is ready to hold its ground.
GLP’s profits rocketed by almost 50% to a whopping $268.1m
Joint ventures and investments abroad proved lucrative.
Regulators roll out more stringent auditor reporting rules for listed firms
Vague opinions won't cut it anymore.
OCBC’s half-year earnings soared to a new high at $2.04b
Its overseas business injected fat contributions.
NOL finally back in the black with $1.22b profit in Q2
Due to a massive gain from APL Logistics sale.
SMRT’s net profit fell 10% to $20.1m in Q1
Loss-making train operations are the culprit.
UOB’s net profit slipped 5.7% to $762m in Q2
Increased market volatility is to blame.
Chart of the Day: Singapore has Asia’s most expensive mobile calling rates
Pricing stands at US$7.1 cents per minute.
Daily Markets Briefing: STI down 1.1%
Expect more losses today.
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