News
ST Engineering’s net profit barely inches up by 2% to $127m in 2Q
On back of a one-off gain from its GJK divestment.
ComfortDelGro to benefit from LTA’s new bus contracting model
Payment for the buses will improve its free cash flow.
Ho Bee Land’s net profit jumps 154.8% to $42.1m
Stellar overseas business performance offset forex losses.
Speed bump ahead: Here’s why it’s innovate or die for ComfortDelGro’s taxi business
Its taxis have been making less daily trips.
Chart of the day: Check out Singapore’s severely underperforming services sector
Services growth clocked in at only 1.4%.
Hong Leong’s profit plunged 20.9% to $11m
Sluggish economy and competitive market pulled earnings down.
Daily Markets Briefing: STI down 0.1%
Expect some pullback today.
Daily Briefing: Singapore builders face maturity wall; Singapore glummest since 2009
And here’s how to choose the right insurance plan in Singapore.
Languishing real estate drags business sector into the red
Sectoral growth falls to -0.2% in 2Q16.
Global Logistic Properties’ profit plunged 24% to $273.4m
Blame it on forex losses.
Can CityDev nip its profits slump in the bud in H2?
It's pinning hopes on three major property developments.
Here's why the new bus contracting model will not offset SMRT's rail woes
Bus operation forms only 1% of the operating profit.
Floundering financial services sector hurt Singapore GDP growth
Sectoral growth moved at a snail’s pace of 0.8%.
Will the new bus contracting model boost SBS’ and SMRT’s floundering bus profits?
It will greatly affect the firms' operating margins, analysts say.
Maturity wall looms over Singapore builders as home prices plummet
About $1.8b bonds are maturing this quarter.
Golden Agri’s earnings inch up 2% to $53.15m
Thanks to a hefty tax credit.
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