News
Who’s not paying their debts at Resorts World Singapore?
Who’s not paying their debts at Resorts World Singapore?
The last three months had a massive blowout in provisions for doubtful debts which soared to $57m as VIP gamblers keep out of their bills - that's a fact.
Sharp loss at hotel group Banyan Tree as chief blames Thai floods, bad economy
3,000 cancelled room nights by October for Thailand, booyah!
Raffles Education’s profit jumps 13% to S$16.9m in 1Q12
The group recorded a net gain of S$15.9m from the 50% sale of its wholly-owned subsidiary, Value Vantage.
In a nut shell: Olam enters hazelnuts business
Olam will acquire 100% of equity interests in hazelnuts exporter from Turkey.
Singapore retail rents rise for the first time in three years
Retail sales in Singapore rose by 7.4%, resulting in an average rental increase of 3.2% in 3Q11.
DBS joins forces with SingPost to add number of banking outlets to 140
Alliance offers greater banking convenience to customers of both companies.
Hey, marketers: “Stay the hell away from my social networks”
A survey revealed that 43% of Singapore consumers don’t want to engage with brands via social media.
Workaholic Singaporeans: 31% of employees stay late at work
The other 69 % are clock watchers who meticulously drop their work and rush out the door on time.
Not so dumb: Southeast Asians can’t get enough of smartphones
Oh, and the androids have finally knocked the apples of their tree.
Venture’s profit plummets 27% to S$35.4m in 3Q11
Its revenue was 13.9% lower as volume sales of its networking & communication segment declined in the third quarter.
StarHub’s profit drops 8% to S$75.8m in 3Q11
It's surprising to know that a whopping 793,000 households take up at least one of its fixed network services.
Noble Group saying goodbye to its agriculture business?
In terms of primary listing, that is.
SingTel profit down 1% to S$882m
So what caused the loss despite 4% revenue growth?
What you need to know about loans in Singapore banks
UOB remains an analyst’s best pick being the least aggressive lender over the past 36 months.
Wilmar’s profit jumps 24% to US$321m in 3Q11
Higher sales volume of agricultural products drove revenue up 69% to US$13.1b for the quarter.
Busted!: IRAS sends Mr Tan Kim Teck to jail after defrauding GST Comptroller
Tan failed to evade punishment even after burning his business records to destroy evidence of fraud.
No sickness for Singapore's Life insurers as sales grow 18% in 3Q11
The industry registered an amazing $523m in new business premiums.
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Commentary
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