News
Daily Briefing: Singapore's January exports fall; OCBC rallies on earnings surprise
And Oxley to launch 207-room hotel in Kuala Lumpur.
Half of Singapore businesses are gloomy over 2016 prospects, says survey
Time to relook current productivity schemes, businesses urge.
Big-car COE premium rebounds sharply in latest bidding exercise
Cat B premium closed at $46,970.
Airbus to develop drone package delivery system in Singapore
Airbus will set up a local company to head the project.
GLP launches US$873m joint venture with Canada Pension Plan
To develop logistics infrastructure in Japan.
Is Cosco’s $11.25b orderbook a double-edged sword?
It’s brimming with low-value contracts, for starters.
OCBC’s non-performing loans jump to $1.97b as O&G clients flounder
NPL ratio rose to 0.9%.
UOB risks losing over $2b if oil prices stay depressed, say analysts
Its oil and gas exposure is raising concerns.
SembMarine hit with trading query after sharp share price spike
Its share price surged after a massive loss.
Changi Airport rolls out $14m cost relief for struggling cargo operators
To combat sluggish cargo demand.
CapitaLand’s local home sales drop as China deals hit record high
It only sold 244 units in FY15.
StarHub’s Q4 earnings tumble 14.3% to $80.8m
Blame it on climbing costs, tapered revenue.
CAAS inks milestone aviation maintenance agreement with FAA
It will reduce compliance costs for airlines.
Here’s the lone disappointment in SATS’ impressive earnings growth
Its overseas assocaites aren't doing quite as well.
CapitaLand's net profit plunges 39.5% to $247.7m in Q4
Due to the absence of a divestment gain.
OCBC’s net profit inches up 2% to $3.91b in FY15
Thanks to associates’ increased contributions.
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Commentary
What matters for Singapore’s AI future is consistency, not brilliance
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