News

City Developments' PATMI spirals down by 44.5%

City Developments' PATMI spirals down by 44.5%

Lack of gains from the disposal of the Corporate Office caused the steep decline in City Development's profit after tax and minority interests.

Noble Group's 1Q profit down 45.8%

The decrease is due to loss in supply chain assets and slow agriculture season.

Wilmar headline 1Q figures disappoint at first glance

Closer inspection reveals improvement in certain areas, says Phillip Capital.

Genting Singapore's net profit slips close to 31%

Lower revenue and higher depreciation expense drove decline in numbers.

OCBC profit jumps 32% to S$832m

Net interest income rose by 21% to S$951million with loan growth partly offset by lower net interest margin.

UOB banking on higher loan yields

It considers US loans as its primary growth driver and will seek to build up its loan book over deposits.

Competition hits SIA hard

It had no choice but to slash prices despite higher fuel prices in a bid to woo passengers.

Sembcorp Marine upsides too strong to ignore: DBS

It has the potential to score billions from drillship and semi-sub contracts, and a redoubled capacity in ship repair and conversion.

70% of Singaporeans say businesses fall short in supporting social issues

Companies better start caring about social causes as 84% of Singaporeans say they would buy the company's products if they do so.

Work-life balance in Singapore increases by 16%

78% of survey respondents state that they achieve more at work now than in 2010, all thanks to good work-life balance.

Scoot to get names for first 2 aircrafts from online community

Scoot's bid for names gives participants the chance to win a pair of roundtrip travel tickets.

UOB's net profit up 12.4% to S$688m

Strong non-interest income was sustained in 1Q12 with an increase of 26.1% to reach S$630 million for the quarter.

Wilmar's profit down 34% to $255.9m in Q1

The decline was largely due to the lower oil seeds and grains business.

SOS: NOL loses US$254m in Q1

The container shipping and logistics company also lost money in the same period in 2011 but a mere US$10 million compared to this latest net loss.

SingTel profit up 30% to S$1.29b in Q4

Thanks to an exceptional net tax credit of S$270 million.

Sembcorp Marine winning streak will continue: DBS

The company is well-positioned to clinch more yard contracts even as it racked up its sixth order for the year.

COSCO looks to offshore for its comeback

With its shipping segment in a major revenue slump, the firm will pin its hopes on higher margin offshore deals.