Midas hit by two letters of demand totalling S$27m

BELEAGURED railway parts maker Midas Holdings has received two letters of demand in March and April this year totalling over S$27 million, it said on Tuesday.

Midas flags two letters of demand

MIDAS Holdings has received two letters of demand in March and April this year respectively, the company said in a filing to the Singapore Exchange on Tuesday.
HOCK LOCK SIEW

Excitement over Sats' potential deal with HNA units could be overblown

SATS' shares have surged following reports last week that its biggest shareholder Temasek is mulling over acquiring stakes in European aviation services groups, Swissport and Gategroup. ...

Some Asia-Pac airlines hit by flight-time curbs imposed on some Rolls-powered 787s

SOME Asia-Pacific carriers may be affected by the curbs imposed by the US Federal Aviation Administration (FAA) on the travel time for jets powered by Rolls-Royce's Trent 1000 engines. ...

Tech and data key to transforming the travel trade

THE tourism industry can use technology to sharpen marketing efforts, refresh tourism products and transform business processes for greater productivity, Trade and Industry minister S Iswaran said.

Sunvic Chemical notes 3 years of losses, at risk of joining SGX's watchlist

SUNVIC Chemical Holdings has flagged that it has recorded pre-tax losses for three consecutive financial years and said that it would make an immediate announcement if it is to be placed on the Singapore Exchange (SGX) watchlist.

SPH Q2 profit down 25% but H1 earnings edge up 1.4%

MEDIA and property group Singapore Press Holdings (SPH) reported a near 25 per cent year-on-year fall in second-quarter net profit to S$40.19 million, but first-half net earnings edged up 1.4 per cent to S$100.62 million from a year ago.

SPH's Q2 net profit falls on lower investment income

MEDIA and property group Singapore Press Holdings (SPH) on Tuesday reported a near 25 per cent year-on-year fall in net profit to around S$40.19 million for the second quarter ended Feb 28, 2018, weighed down by lower investment income.
AVIATION 4.0

Lufthansa Group going digital in a big way

FROM robots to predictive maintenance, the Lufthansa Group is pushing hard on a wide-ranging digital strategy as it strives to reposition itself through digitalisation.

Piloting the digital flight path

IF THERE'S one buzzword most commonly used in the airline industry these days, it's probably digitalisation. ...

Tan Chuan-Jin appointed chairman of Healthway Medical's new advisory board

SINGAPORE'S largest private clinic chain Healthway Medical Corporation (HMC) has formed a new medical advisory board, which will be helmed by Speaker of Parliament and Member of Parliament for Marine Parade GRC, Tan Chuan-Jin...
HOCK LOCK SIEW

Room for Sheng Siong to grow despite e-commerce threat

THE entry of e-commerce players hasn't been quite the market distruptor for the Sheng Siong Group as expected, it seems. ...

JV with SIA reaping healthy commercial growth: Lufthansa

THE joint venture between Lufthansa and Singapore Airlines (SIA) has seen healthy commercial growth since it began in October last year, the Germany-based group said.

Qualitas Medical gunning for return to SGX, eyes mainboard this time

QUALITAS Medical is making a "comeback" to the Singapore Exchange (SGX), but this time on the mainboard. ...

Qualitas Medical eyes listing on SGX mainboard

QUALITAS Medical, which is planning a listing on the mainboard of the Singapore Exchange (SGX), has lodged its preliminary prospectus with the Monetary Authority of Singapore.

SIA expands HighFlyer programme with addition of Lufthansa, SWISS

SINGAPORE Airlines (SIA) is adding Lufthansa and SWISS as partner airlines to its corporate programme HighFlyer, allowing small and medium enterprises (SMEs) to also rack up points on eligible sectors flown by these two carriers.

SIA upscales regional cabin products with US$350m investment

SINGAPORE Airlines (SIA) is investing US$350 million in new cabin products for its 20 Boeing 787-10 aircraft as it seeks to strengthen its premium positioning in an intensely competitive market.

SIA spending US$350m on new seats for 787-10s

SINGAPORE Airlines (SIA) is investing US$350 million on new cabin products for 20 Boeing 787-10s as it introduces a revamped business class for regional routes.

SIA planning new seats for the 777-9

SINGAPORE Airlines (SIA) has started to conceptualise new cabin products for its upcoming Boeing 777-9s, which will feature a revamped First Class.

SIA starts work on new concepts for its Boeing 777-9s

SINGAPORE Airlines (SIA) has started to conceptualise new cabin products for its upcoming Boeing 777-9s, even as it is set to unveil a revamped regional business class on Wednesday.

SIA takes delivery of first 787-10 to fend off regional rivals

LAUNCH customer Singapore Airlines (SIA) on Sunday took delivery of the first Boeing 787-10, which will feature new cabin products as the airline seeks to fend off regional competitors.

Neuflor fights carpet rivals with on-demand 'smart tiles'

FACING stiff competition, local carpet tile distribution company Neuflor International came up with an on-demand carpet tile manufacturing technology, which it is now seeking to franchise in the region.
TOPLINE

SIA Engineering charts flight plan for future

SIA Engineering Company (SIAEC) is banking on emerging technologies and automation to re-position itself for the future amid headwinds in the aerospace sector.

Shares in Nutryfarm International fall after trading halt lifted, announcement of acquisition

SHARES in Nutryfarm International fell 3.5 Singapore cents to close at 27.5 cents on Friday after the company lifted its trading halt and announced that its subsidiary was acquiring a 45 per cent stake in First Linkage.

Tenders launched for parcels at Mattar Road, Silat Avenue

SINGAPORE'S Urban Redevelopment Authority (URA) has launched two residential sites at Mattar Road and Silat Avenue for sale by public tender under the confirmed list of the first half 2018 Government Land Sales (GLS) programme...