Pacific Radiance cuts Q3 net loss to US$13.2 million by slashing costs

OFFSHORE and marine group Pacific Radiance reduced its third-quarter net loss by 27 per cent to US$13.16 million from a year-ago loss of US$17.97 million as efforts to contain operation and overhead costs gained traction.

Gold miner CNMC's Q3 profit falls 46% to US$0.96 million on poorer ore grades

MALAYSIAN gold miner CNMC Goldmine Holdings' third-quarter net profit fell by half to US$957,300, or 0.33 Singapore cent per share, as lower ore grades affected production and sales...

New Silkroutes expects revenue of at least US$500m for FY2018

MAINBOARD-listed New Silkroutes Group (NSG) is expecting revenue of at least US$500 million in FY18 after turnover doubled while loss widened in the first fiscal quarter.

Embracing grief

"NO ONE ever told me that grief felt so like fear," C S Lewis once wrote, and he was right. ...

Know Your Customer compliance costs continue to grow at financial firms: surveys

Know Your Customer (KYC) requirements continue to burden financial firms with higher compliance costs and ballooning headcounts around the world, surveys by Thomson Reuters have found.

Yang Kee Logistics to buy NZ peer Fliway for S$52.1m

SINGAPORE'S Yang Kee Logistics has entered into an agreement to purchase New Zealand-listed logistics firm Fliway Group for S$52.1 million...

Civmec commences ASX dual listing plans

MAINBOARD-LISTED Civmec said on Thursday it has appointed PwC Australia to formally evaluate options for a dual listing on the Australian Securities Exchange (ASX).

Price, rentals of Singapore industrial space continue to moderate in Q3

PRICES and rentals of industrial space continued to moderate in tandem with occupancy rates for the third quarter this year, JTC said in its quarterly market report on Thursday.

Yang Kee Logistics to buy New Zealand peer Fliway for S$52.1m

SINGAPORE'S Yang Kee Logistics has entered into an agreement to purchase New Zealand-listed logistics firm Fliway Group for S$52.1 million...

Singapore shares open down on Thursday

SINGAPORE stocks opened lower on Thursday, with the Straits Times Index retreating 0.2 per cent or 7.59 points to 3,336.29 as at 9.02am.

Stocks to watch: OCBC, Keppel Corp, Jaya, Tung Lok, Wilton Resources

THE following companies saw new developments that may affect trading of their shares on Thursday.

SGX rejects mDR's proposed rights cum warrants issue

THE Singapore Exchange (SGX) has rejected mainboard-listed mDR's application for a rights cum warrants issue as at Oct 25. ...

Hot stock: Tung Lok shares fall 11.8% after it warns of H1 2018 loss

SHARES of Tung Lok Group fell 11.8 per cent or three Singapore cents to 22.5 Singapore cents in the morning trade. As at 10.54am, about 154,000 shares changed hands.

Asia-Pacific needs to do more to cope with rising demand for travel: Iata

THE 34 million jobs and US$700 billion of economic activity supported by Asia-Pacific's aviation industry are expected to more than double over the next 20 years. But these economic benefits are at risk if the region does not address the long-term challenges of sustainability, infrastructure...

Brokers' take: Cache Logistics' improved gearing soothes concerns

BROKERS seem to agree that a "neutral" call on warehouse owner Cache Logistics Trust (Cache) is appropriate with its improved gearing following a rights issue. ...

Broker's take: Phillip Capital upgrades UOB to 'neutral'

HOMEGROWN fund management company Phillip Capital has revised its target price for United Overseas Bank (UOB) to S$23.46, up from S$21.61 previously.

Singapore passport 'most powerful' in the world: Passport Index

WITH Paraguay removing its visa requirements for Singaporeans, Singapore now has a visa-free score of 159, making it the most powerful passport worldwide according to the Passport Index.

Canadian pension fund Omers opening Singapore office

CANADIAN pension fund Omers will be opening an office in Singapore come January 2018.

IE S'pore, IFC to help S'pore firms break into Africa, Asia markets

INTERNATIONAL Enterprise (IE) Singapore has signed an agreement with World Bank's International Finance Corporation (IFC) to help more Singapore firms venture into the emerging markets of Africa and Asia. ...

'Many Singapore firms fare poorly' in climate disclosure

FIFTEEN out of 29 Singapore companies assessed by global climate disclosure analysis firm CDP have earned failing scores for their climate disclosures, with only four securing a B- grade and above.

Most Singapore firms fare poorly in climate disclosure; global traction picking up

FIFTEEN out of 29 Singapore companies assessed by global climate disclosure analysis firm CDP have earned failing scores for their climate disclosures, with only four securing a B- grade and above.

Shared academic, research and industry platform boosts Singapore's AI agenda

AT least 400 researchers and developers will undergo artificial intelligence (AI) training with the signing of a new agreement between chipmaker NVIDIA and Singapore's National Supercomputing Centre (NSCC). ...

IE Singapore, IFC to lend Singapore firms entering Asia and Africa a hand

INTERNATIONAL Enterprise (IE) Singapore has signed an agreement with the World Bank's International Finance Corporation (IFC) to help more Singapore firms venture into the emerging markets of Africa and Asia...

Singapore shares open lower on Tuesday

SINGAPORE stocks opened lower on Tuesday, with the Straits Times Index falling 0.2 per cent or 6.14 points to 3,343.66 as at 9.03am.

Stocks to watch: SIA, Marco Polo, Ascott Reit, Great Eastern

THE following companies saw new developments that may affect trading of their shares on Tuesday: