SINGAPORE Airport Terminal Services lifted its first quarter net profit by 9.7 per cent to $44.3 million as all businesses and divisions delivered growth.

PROPERTY group Stamford Land lifted its net earnings more than 10 times to $38 million, from $3.2 million a year earlier, for the first quarter ended June 30. This was despite flat topline revenue of $52 million.

MERRILL Lynch may be overweight on Singapore, but the region's stocks as a whole are starting to look overvalued, Merrill's Asia-Pacific chief investment officer Stephen Corry said yesterday.

AS the dust settles in the wake of Khazanah Nasional's $3.5 billion general offer for Parkway Holdings, the question is, what does the future hold for Parkway now that Fortis Healthcare has decided to step out of the picture?