BT EXCLUSIVE

Cyber arms race looms as digital connectivity takes hold

AS DIGITAL connectivity ramps up worldwide, an arms race awaits in cyberspace, industry experts have said.

Metro Holdings sees Q1 earnings drop by 19% in absence of one-off gain from joint-venture divestment

MAINBOARD-LISTED property and retail group Metro Holdings saw its first-quarter earnings slide in the absence of a one-off gain from an earlier divestment, according to unaudited results out on Tuesday.
SINGAPORE ECONOMY

Construction looks to turn corner with slower 4.6% Q2 decline

THE tide may be turning for the ailing construction sector, which has been a persistent drag on growth, a government economist has said.
SINGAPORE ECONOMY

Factory-less manufacturers one reason behind output-export gap

THE rise of the "fab-less" semiconductor company was one reason for the recent gap between Singapore's electronics output and exports, official economy watchers confirmed...
HOCK LOCK SIEW

TPG may not be a game changer for Singapore telco market

A DRAMATIC scene in J R R Tolkien's The Fellowship of the Ring has the heroes trapped in the caves of Moria, with a grim ledger warning of an advancing orc horde. "The end comes," their guidebook warns. "Drums, drums in the deep . . .They are coming."...

Manufacturing sector drives Singapore GDP growth at 'robust' clip in Q2 2018

THE manufacturing sector was once more behind Singapore’s economic growth in the second quarter, according to the latest figures from the Ministry of Trade and Industry (MTI) on Monday.

Higher revenue, better margins push Cortina Holdings' Q1 net profit up by 77%

LUXURY watch retailer Cortina Holdings saw first-quarter earnings surging on higher turnover, improved sales margins and lower finance costs, according to unaudited results out on Friday.

PropNex Q2 net profit up 3.9% despite IPO-related costs

REAL estate agency PropNex has turned in a second-quarter showing spurred on by the property price recovery in the first half of 2018.

Fair value gains push up Yeo Hiap Seng's Q2 profits by 66.4%

FOOD and beverage (F&B) manufacturer Yeo Hiap Seng saw earnings swell in the second quarter, supported by fair value and currency gains.

New StarHub CEO: Don't expect V-shape revenue recovery

A FALL in mobile service revenue continued to weigh on StarHub's bottom line in the second quarter, according to unaudited results on Tuesday...

Mobile service decline eats into StarHub's Q2 net profit, with earnings down by 22.8%

STARHUB has posted a half-year dip in service revenue in line with its full-year guidance, according to unaudited results out on Tuesday.
STOCKS

Earnings gloom weighs on blue chips

APPLE executives may have popped the bubbly after the stock reached the trillion-dollar valuation milestone, but Wall Street's overnight tech-led glee did not lift the earnings-inspired gloom in Singapore...

NetLink Trust reports Q1 net profit of S$19 million

NATIONAL broadband network operator NetLink NBN Trust's first-quarter results beat initial public offering (IPO) forecasts, the manager said in unaudited statements released on Friday...

Singapore shares down by 0.63% on Friday

EARNINGS gloom and continued trade uncertainty took their toll on Singapore equities on Friday, despite the overnight up-trend on Wall Street.

New tax rules eat into Lippo Mall Trust DPU

LIPPO Malls Indonesia Retail Trust (LMIRT) felt the bite from new Indonesian tax rules, as watchers predicted - and unit holders will feel the blow.

Lippo Malls Indonesia Retail Trust cuts Q2 DPU by 34% to 0.59 S cent

LIPPO Malls Indonesia Retail Trust (LMIRT) has slashed its second-quarter distribution per unit (DPU) amid swelling property operating expenses and higher income tax, with the softer rupiah no help.

KSH Holdings unit wins S$53.8 million construction contract

CONSTRUCTION and property company KSH Holdings has scooped up a new contract that will likely contribute to the bottom line for several years, the board of directors said on Thursday.

July's share buyback value slips 37%

THE value of shares bought back by Singapore-listed companies slipped in July against the previous month, but was still up sharply compared to the same month last year.

Windy Heights owners cutting reserve price in fresh en-bloc bid

WINDY Heights made another stab at a collective sale on Wednesday, with home owners now seeking to reduce the reserve price for the tender.

Windy Heights launches second tender for collective sale; unit owners seek to slash reserve price

RESIDENTS of Windy Heights in Kembangan are putting the freehold property on the market in its second collective-sale attempt this year, according to marketing agent Knight Frank on Wednesday.

Midas figures it'll take 8 months to produce annual report

RAILWAY parts maker Midas Holdings has unveiled a timeline to work towards resuming trading and avoiding a delisting by the Hong Kong bourse.

Suspended Midas Holdings releases eight-month plan to resume trading in its shares

RAILWAY parts maker Midas Holdings, which faces a delisting by the Stock Exchange of Hong Kong, has laid out an eight-month timetable to get on track to resume trading.

Silkroad Nickel wants to export low-grade ore from Sulawesi mining area

MINING company Silkroad Nickel, which is expected to start trading on Monday, wants to sell the ore from its Indonesian concession to overseas customers, among its other growth plans.

Daintree Residence sells 50 out of 80 units in weekend launch

DEVELOPER SP Setia moved 50 of the 80 apartments launched at Daintree Residence over the weekend, in the private property market's first new launch since the latest cooling measures kicked in earlier this month...

iFast Q2 net profit up despite Chinese losses

WEALTH management firm iFast Corp has posted a second-quarter jump in earnings on higher revenue, shrugging off the loss in its fledgling mainland Chinese business.