Business News

Roxy-Pacific third-quarter profit tumbles 82%

Property developer Roxy-Pacific Holdings said net profit tumbled 82 percent in the third-quarter due to lower revenue from the property development and hotel ownership segments.

Oct 31, 2017

By Aastha Agnihotri

changi airport terminal 4 self-check in kiosks

Changi Airport opens Terminal 4 for business; to handle 20 flights on first day

Changi Airport's Terminal 4 welcomed its first flight from Cathay Pacific Airways as it began its first full day of operations on Tuesday.

Oct 31, 2017

By Aastha Agnihotri

AirAsia alerts public on online scam claiming to give free flight tickets

SATS inks ground handling partnership with low-cost carrier AirAsia

In-flight catering service provider SATS entered into a partnership with low-cost carrier AirAsia to grow ground handling in the fast-growing Asean region.

Oct 31, 2017

By Aastha Agnihotri

India's Sensex rises to new record as lenders advance

India shares advanced on Monday following gains in Asian equities as upbeat earnings from U.S. hi-tech giants boosted risk appetite.

Oct 30, 2017

By Aastha Agnihotri

Singapore likely to have more showers in second half of June: National Environment Agency

Ascendas REIT second-quarter DPU edges up 1.1%

Ascendas REIT, Singapore's largest listed business space and industrial real estate investment trust, on Monday reported a 1.1 percent rise in second-quarter distribution per share..

Oct 30, 2017

By Aastha Agnihotri

Singapore shares off 29-month high; OCBC rallies to record

Singapore stocks fell after a three-day rally on Monday as investors booked profits in lenders such as DBS and United Overseas Bank.

Oct 30, 2017

By Aastha Agnihotri

How P2P apps are changing the world

P2P stands for peer-to-peer, direct transfer between two people. Apps like Paypal and Venmo are popular examples of P2P technology that are revolutionizing how we deal with finances and interact on a global scale.

Oct 30, 2017

By Staff Reporter

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

Singapore plans to create 4,000 jobs in financial sector. Here's how

Singapore unveiled a plan to create more financial sector jobs as it aims to strengthen its status as a financial hub in Asia.

Oct 30, 2017

By Aastha Agnihotri

Indian shares advance; Auto index gains 1%

India shares advanced on Monday following gains in Asian equities as upbeat earnings from U.S. hi-tech giants boosted risk appetite.

Oct 30, 2017

By Aastha Agnihotri

5 things you need to know about China stocks selloff

Chinese stocks fell the most since early August on Monday, shrugging off gains in regional peers as government bond yields jumped to a three-year high.

Oct 30, 2017

By Aastha Agnihotri

Singapore stocks snap 3-day rally; OCBC extends fresh record highs

Singapore stocks fell after three-day rally on Monday as investors booked profits in lenders such as DBS and United Overseas Bank.

Oct 30, 2017

By Aastha Agnihotri

Micro-Mechanics posts record quarterly profit on Chinese demand

Precision tools maker Micro-Mechanics Holdings on Monday reported a 53 percent jump in first-quarter net profit on the back of higher revenue, growth in profit margin and a tight rein on expenses.

Oct 30, 2017

By Aastha Agnihotri

Singapore's Healthway Medical sees third-quarter loss as costs mount

Healthway Medical said it expected to report a loss for the third quarter citing challenging operating environment and increase in finance costs.

Oct 30, 2017

By Aastha Agnihotri

Ezion tries to tempt bondholders by offering refinancing protection

Ezion Holdings, a provider of offshore marine logistics services, on Monday offered bondholders protection in case its refinancing does not go as planned.

Oct 30, 2017

By Aastha Agnihotri

Raffles Medical Group Q1 profit rises 3.7%; revenue up 23%

Singapore's Raffles Medical posts 1% rise in third-quarter profit

Raffles Medical Group on Monday reported a 1 percent growth in third-quarter net profit, as lower renewal rates for expatriate plans offset higher local patient loads at the hospitals.

Oct 30, 2017

By Aastha Agnihotri

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