News

Berger International replies to SGX’s queries on its financial results

Berger International replies to SGX’s queries on its financial results

SGX got confused as the company’s trade receivables increased by 13.6% despite the revenue slump in its 2011 half year results.

Tourism receipts amount to an amazing S$5b in 2Q11

And guess what countries were the top 5 markets for this quarter?

SGX queries Grand Banks Yachts’ controversial director

Mr Robert William Livingston II still holds directorship despite majority vote against his re-election, and SGX is concerned.

Singapore inflation eases to 5.5% in September

Transport cost declined 1.2%, owing to lower Certificate of Entitlement premiums.

SGX launches first Asian FX Forwards clearing service

The service clearing 7 currencies seen to encourage the adoption of central counterparty clearing of OTC traded products in Asia.

What every investor needs to know about the Singapore parliamentary debates

70 MPs gave their thoughts about what’s needed but DMG OSK’s Terence Wong has two important ideas for the investors.

Bedok and Bishan key to CapitaLand over next six months: Analysts

CapitaLand may have only sold 67 units in 3Q2011 at The Interlance, d’Leedon and Urban resorts, down from 271 units in 1H2011, so must make up ground with new launches in the heartlands.

Wary investors shy away from trading as STI remains volatile

Equity market trading value has been lacklustre lately, with the October 17-21 ADT just at S$1.02b.

Passenger traffic at Changi Airport swells to 3.82m despite economic crunch abroad

Passenger movement at the airport grew 12.5% YoY in September.

Hongwei’s directors asked to resign

As RMB120m or S$24m worth of ‘advance payments’ are put under question.

Manufacturing company Micro-Mechanics suspends operations in Thailand

It seems like the floods won’t be abating any time soon.

September inflation seen to stay put at 5.7%

Full year inflation is now likely to average about 5% as it expands to other sectors.

CapitaLand makes S$2b bet on China despite weak SG sales

The company’s 3Q11 numbers were down mainly due to lower recognition of sales from development projects.

Eureka!: RH Petrogas discovers new gas reserves in Indonesia

The discovery was made in the North Klalin field, located close to its subsidiaries’ production fields.

Scorpio East Holdings directors reprimanded by SGX

The company has breached Catalist Rule 703 by failing to disclose information about the terminated contracts of about S$12 million.

AsiaPac IPOs raise a disappointing US$609m in 3Q11

This is an 18% decline from 2Q11’s US$3.3b.

Prime rents in Orchard Road rise 2% to S$35 psf in 3Q11

However, the threat of an economic slowdown may be putting a lid on rental growth in the coming months.