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Industries

SIA reports 49% fall in Q2 net profit

Singapore Airlines (SIA) has reported a net profit of S$194 million for the second quarter ended September 30, a drop of 49 per cent from a year ago.…

S’pore solar industry still fledgling

China’s third-largest maker of solar panels may have made Singapore its Asian Pacific headquarters, but observers said Singapore solar companies are still in their early stages to even…

Business Guide

S’pore a top choice for Australian companies

Approximately three out of five Australian firms are looking at expanding across Southeast Asia, with…

Singapore information technology industry

1. Industry Background A Global Leader in Information Technology Singapore’s information technology (IT) industry is well…

Singapore healthcare industry

1. Industry Background World-Class Healthcare Hub Singapore offers Asia’s best healthcare system, and its standard…

Singapore aerospace industry

1. Industry Background Scaling New Heights The global aerospace and aviation industries have been in…

Markets

STI increases 1.4% to 2,848.24 at closing

Straits Times Index increased 1.4% to 2,848.24 at closing, paring this week’s losses to 2%. Four stocks rose for each that fell in the index of 30 companies.…

SGX suspends membership of MF Global S’pore

MF Global Singapore has been suspended by the Singapore Exchange. This covers its membership in securities trading, derivatives trading and derivatives clearing. In a statement, the Singapore Exchange…

Singapore stocks close 0.87% lower

Stocks in Singapore closed 0.87 per cent lower on Thursday amid concerns over Greece and the eurozone debt plan. On Wednesday, France and Germany told Greece’s prime minister…

Shares increases at midday on Greek hopes; cap at 2,890

Singapore shares increased 1.7% by midday on Friday led by cyclical stocks such as commodity firm Noble Group (NOBG.SI), on hopes that Greece would back away from a…

Sembcorp, SembMarine, SIA, Hyflux, Oxley, Cosco

Singapore stocks may advance for the first time in five days as Greece moved closer to accepting a bailout and the European Central Bank unexpectedly lowered interest rates.…

Singapore stocks close 0.87% lower

Stocks in Singapore closed 0.87 per cent lower on Thursday amid concerns over Greece and the eurozone debt plan. On Wednesday, France and Germany told Greece’s prime minister…

Singapore shares end down 2.3%

Singapore’s share prices ended 2.33% lower on Tuesday, in line with most Asian peers. The falls followed sharp losses on the Wall Street overnight and a worse-than-expected manufacturing…

Real Estate

PLife Reit’s Q3 revenue hits S$22m

Parkway Life Real Estate Investment Trust (PLife Reit) has posted a 4.1 percent increase in its Q3 gross revenue to S$22…

Roxy-Pacific’s net profit jumps 50%

Roxy-Pacific Holdings Ltd, a homegrown specialty property and hospitality group, has announced strong financial results for the third quarter ended 30…

Works to start soon on Tuas MRT station

The Land Transport Authority (LTA) has awarded a S$190 million contract to Shanghai Tunnel Engineering for the construction of the Tuas…

Punggol condo site attracts 5 bids

The tender for a 99-year leasehold residential site at Punggol Central/Edgedale Plains was officially closed yesterday, with a total of five…

Jones Lang reports strong Q3 earnings

Global real estate services firm Jones Lang LaSalle (JLL) posted strong earnings in the third quarter, with revenue climbing 28 percent…

Asia-Pac Reits can survive challenges ahead: S&P

Asia Pacific real estate investment trusts (Reits) are in a good position to survive the tough challenges ahead, according to Standard…

Food & Beverage

Coca-Cola opens plant in Singapore

Coca-Cola opened a S$72 million concentrate plant in Singapore on Tuesday. The world’s largest beverage company said the new plant is expected to create up to 120…

Hotels & Tourism

Singapore’s first ever Sofitel hotel to open in 2013

Singapore’s first Sofitel hotel, the Sofitel So Singapore, will launch in early 2013, with Royal Group Holdings contributing up to S$130 million, including the S$86 million it…

Trade

S’pore delegation heads for CAEXPO

Singapore will be participating in the 8th China-ASEAN Exposition (CAEXPO) which starts on Friday. Minister for Trade and Industry, Mr Lim Hng Kiang, will be leading a…

Telecom

JPMorgan upgrades SingTel to overweight

JPMorgan has upgraded Southeast Asia’s largest telecom firm Singapore Telecommunications (SingTel) (STEL.SI) to overweight from neutral and raised its target price to $3.60 from $3.40. Source: The EdgeSingapore…

Appliances & Electronics

Electronics sector faces contraction

Singapore’s electronics sector is staring at another quarter of contraction, even with Christmas around the corner. Competition from low-cost countries and a glut of gadgets have put…

Franchising

Singapore franchises scout VN

Singapore franchising companies are looking to enter Viet Nam and will organise a conference in HCM City this month to meet with potential partners. Viet Nam’s rapid…

Hotels & Tourism

Singapore’s first ever Sofitel hotel to open in 2013

Singapore’s first Sofitel hotel, the Sofitel So Singapore, will launch in early 2013, with Royal Group Holdings contributing up to S$130 million, including the S$86 million it…

Automotive

Broadway Industrial posts 3Q net loss of $9.9m

Broadway Industrial Group says it posted a net loss attributable to shareholders of $9.9 million for the third quarter ended 30 September 2011 (3Q2011) due to net…