News
Wilmar International turns more cautious on oilseed & grain division
Wilmar International turns more cautious on oilseed & grain division
The group flagged that oilseeds &grains may only breakeven in FY12 if operating conditions nin China do not improve.
Singapore’s trade to grow faster than world average over next 15 years: HSBC
Singapore’s companies to increase trade activity by 5.00% annually.
Resorts World has again lost market share to Marina Bay Sands
Genting Singapore' gambling business reports lower mass market gross gaming revenue and VIP volume in 4Q2011.
Neptune Orient Lines’ shipping business disappoints
The liner is sailing in rough seas with net loss of US$320.4m still significantly wider than the 3Q11 loss of US$91.1m.
Chart of the Day: Singapore High Domestic Inflationary Pressure
CPI inflation for January likely moderates to 4.7% from December’s 5.5% but upside risk remains says DBS.
Currency Briefing - what you need to know for Thurs Feb 23, 2012
The Singapore dollar slipped against the US dollar amidst global economic uncertainty.
Singapore Markets Morning Briefing - what you need to know for Thurs Feb 23, 2012
There was retreat on Wall Street and the Nikkei started weak.
HDD makers relishing fat margins while suppliers struggle
Most suppliers cannot raise prices even as HDD manufacturers sell on high margins, says CIMB.
Which Wilmar segment is the stalest?
OCBC singled out Oilseeds & Grains as having a doubtful recovery among an already underperforming lot.
Tiger Airways Holdings lifting off to profitability?
Turnaround seen as early as 3QFY13 if overseas plans pull through and local demand recovers, says DBS.
NOL staggers from US$478m blow in 2011
As higher fuel costs have adversely affected the container shipping industry last year.
Genting’s net profit jumps 55% to S$1b in 2011
As Universal Studios Singapore attracted a whopping 10,250 visitors daily, with each visitor spending an average of S$86.
3% of financial leaders to cut permanent headcount
But don’t worry, as 31% of CFOs plan to hire more staff in the first half of 2012.
Will there be more tourists in Singapore this year?
Singapore Tourism Board expects visitor arrivals to moderate but new attractions will still come online to bolster tourism.
Chart of the Day: Home Price Index of Asian Countries
Moody’s cited Singapore as amongst countries in Asia that are at risk of bursting real estate bubbles.
Currency Briefing - what you need to know for Wed Feb 22, 2012
There was a boost in Asian currencies, including the Singapore dollar, but it didn’t linger.
Singapore Markets Morning Briefing - what you need to know for Wed Feb 22, 2012
Greece secured a second round of financing from the Eurozone but didn’t provide much inspiration.
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