News
ST Engineering’s net profit down 8.4% to $532m in FY14
ST Engineering’s net profit down 8.4% to $532m in FY14
Due to lower contributions from almost all segments.
UOL’s net profit down 13% to $686.6m in FY14
Due to lower fair value gains.
Noble Group’s net profit crashed 66% to $328.2m in FY14
Due to massive impairments.
Chart of the Day: Singapore’s NODX print could finally see brighter days in 2015
Recent trends are pointing upwards.
Daily Briefing: Check out this year’s rent trends; Good property design may help bridge social divide
And Singaporeans remain top buyers of overseas property.
Daily Markets Briefing: STI down 0.4%
Expect another pullback today.
First quarter GDP growth likely to fall below 2%, warns BofAML
The GDP forecast will be revised.
More headwinds ahead for manufacturing sector after weak January print
Singapore’s export competitiveness is eroding.
Over half of financial services execs alarmed over intensifying regulatory pressures
Tighter competition is also a key challenge.
First Resources' net profit plunged 27.2% to $234.8m in FY14
Due to lower palm oil prices.
Accounting fraud allegations “without substance”, says Noble
But the trading halt will not be lifted.
Smaller REITs hardest hit by stamp duty concession expiry
Acquisition costs will increase.
StarHub's profit down 2.4% to $370.5m in FY14
Due to lower service revenue.
Petra’s net profit slipped 17.8% to $66.1m in FY14
Blame it on the weakening rupiah.
Construction sector’s margins still squeezed despite infrastructure spending boost
Foreign worker levies to rise again in 2016 and 2017.
Iceberg unleashes second report on Noble, takes aim at “suspicious” cash flows
Its fair values are fabricated, says the report.
Chart of the Day: Analysts predict MAS will continue to ease policy based on previous behaviour
MAS will give the government enough policy room.
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