News

Chart of the Day: New stores to boost hiring in retail

Survey shows firms within the retail industry expect to increase recruitment during the third quarter due to new shops opening.

Here's why SingTel's earnings will inch just a tad up

Income is expected to rise by a measly 6% to S$920m.

Singapore, Southeast Asia ground zero of new engineering boom

Foreign investment trusts are flocking to the region, focusing on data centres.

Keppel nails $950M in Petrobas contracts

Keppel FELS Brasil S/A has secured two contracts from Petrobras-led consortiums.

NOL near-term recovery torpedoed by "persistent overcapacity"

Rates-dragging overcapacity will only ease by 2014, says Maybank Kim Eng.

Sembcorp Marine's new contracts now worth S$8bn

Sembcorp Marine just secured a contract to build 5 drillships at US$4.032bn.

UOL's investments mispriced by the market: Nomura

The market is valuing Marina Square and Marina Bayfront at just SGD1,230psf.

Keppel clinches a whopping US$4.1bn deal for 5 semi-subs

The semis are to be delivered to Sete Brasil from 2016 to 2019.

4 shocking scenarios that could happen in the corporate clash for F&N's stakes at APB

Here are possible scenarios after Thai Bev related party offers a higher bid of S$55 per share for F&N's APB shares.

Singapore on track for 1.5-2.5% growth in 2012: PM Lee

Find out what Prime Minister Lee Hsien Loong said in his National Day message.

Venture Corp profit dropped 19.9% to S$33.6m

Blame it on waning customer loyalty and demand.

Asia-Pac telcos aggressive on data revenue growth

Firms are pumping in significant amounts of funds to upgrade their network infrastructure to next generation technology, says S&P.

COSCO's box production unlikely to recover in 2H12

Contribution of the container manufacturing segment is expected to fall to US$35m.

APB shares hit a record high following offer

Fraser and Neave meanwhile was the “strongest gainer on the index,” says Reuters.

Debt threat: NOL's net debt surges to US$2.9bn

Net debt-to-equity is now a whopping 126%.

StarHub stocks more expensive than SingTel, M1: Barclays

The implied 5.3% yield is at its lowest in a long time.