Food fight! The battle for the food delivery market

WHAT to eat? With that question constantly on the minds of food-obsessed Singaporeans and a hunger for convenience driving demand, it’s no wonder the food delivery market here has exploded in recent years. A growing number of startups – each backed by millions in venture capital – are jostling for...

Haitong International Securities Group (Singapore) to subscribe to S$5m worth of convertible bonds in New Silkroutes Group

NEW Silkroutes Group has entered into a memorandum of understanding and term sheet with Haitong International Securities Group (Singapore).

Federal International posts 68.9% drop in Q4 earnings

MAINBOARD-LISTED oil and gas procurement specialist Federal International (2000) on Sunday posted a 68.9 per cent drop in fourth-quarter earnings despite a higher revenue.

Vibropower Corp posts 2.2% dip in FY2017 earnings

VIBROPOWER Corporation on Sunday announced a 2.2 per cent dip in earnings for the fiscal year 2017 on the back of lower revenue.

Genting Singapore proposes higher final dividend of S$0.02

A DROP in operating profit weighed on fourth-quarter earnings at casino operator Genting Singapore.

Genting Singapore to pay out higher dividend despite Q4 earnings dip

FOURTH-quarter earnings slid 17 per cent at casino operator Genting Singapore on the back of a drop in operating profit.

BreadTalk's full-year earnings up 91% on consolidation strategy

LIFESTYLE food and beverage group BreadTalk Group on Thursday reported record earnings of S$21.8 million for the full year ended Dec 31, 2017, a 91 per cent jump from S$11.4 million a year ago.
HOT STOCK

SembMarine shares fall double digits on poor Q4 results

SHARES of Sembcorp Marine sank by as much as 14.4 per cent a day after the firm posted a disappointing set of results for its fourth quarter ended Dec 31. The stock tumbled to an intra-day low of S$2.25 before closing at S$2.33, 11.4 per cent below Wednesday's close of S$2.63...

AusNet prices A$400m of bonds

POWER company AusNet Services has priced around A$400 million (S$413.8 million) of bonds.

Hot stock: SembMarine down more than 6% as Q4 results disappoint

SHARES of Sembcorp Marine sank more than 6 per cent after market opened on Thursday.

POSB, Migrant Workers' Centre roll out membership programme with benefits, savings for migrant workers

POSB has teamed up with Migrant Workers' Centre (MWC) to launch a new membership programme for migrant workers in Singapore that will offer them benefits and savings on services such as remittance, mobile talk time and travel...

Foreign exchange loss, retrenchment costs weigh down Sunningdale's Q4 earnings

SUNNINGDALE Tech on Thursday posted a 64 per cent drop in fourth-quarter earnings on the back of a foreign exchange loss and retrenchment costs.

BreadTalk posts record earnings of S$21.8m for FY2017

LIFESTYLE food and beverage group BreadTalk Group on Thursday reported record earnings of S$21.8 million for the full year ended Dec 31.

Pacific Radiance given more time to announce FY2017 results, hold AGM

PACIFIC Radiance has been granted an extension by the Singapore Exchange of up to July 2 to release its full-year results for the financial year ended Dec 31, 2017, as well as for its first-quarter results for the period to March 31.

9,999-year Guillemard site up for sale at indicative price of S$99m

A 9,999-year leasehold residential site in Guillemard Road/Jalan Molek has been put up for sale by a single, unnamed owner at an indicative price of S$99 million. The tender for the site, located at 1 to 21A Jalan Molek and 217 to 223A Guillemard Road will close on March 20 at 3pm.

Pomex Court up for sale for at least S$37m

POMEX Court in 50 Lorong 101 Changi Road is set to be put up for collective sale, with a minimum price of S$37 million, or S$998 per square foot per plot ratio.

Residential site at Guillemard Road/Jalan Molek up for sale by tender at indicative price of S$99m

A 9,999-year leasehold residential site in Guillemard Road/Jalan Molek has been put up for sale by a single, unnamed owner at an indicative price of S$99 million.

Indonesian rupiah-denominated debt to qualify for Bloomberg's Global Aggregate Index

BLOOMBERG on Wednesday announced changes to its Bloomberg Barclays fixed income indices, which included making Indonesian rupiah-denominated debt eligible for the Global Aggregate Index.

Pacific Radiance gets more time to release full-year 2017, Q1 2018 results

PACIFIC Radiance has been granted an extension by the Singapore Exchange of up to July 2 to announce its full-year results for the financial year ended Dec 31, 2017.

Pomex Court in Joo Chiat up for en bloc sale with S$37m minimum price

POMEX Court in 50 Lorong 101 Changi Road is set to be put up for collective sale, with a minimum price of S$37 million or S$998 per square foot per plot ratio.
SINGAPORE BUDGET 2018

Singapore Budget 2018: MAS still likely to tweak monetary policy, say economists

THE Monetary Authority of Singapore (MAS) remains likely to tighten monetary policy despite the government's decision to hold off on the highly-anticipated hike in the Goods and Services Tax (GST), economists said...

Oslo Stock Exchange moves to delist Emas Offshore

THE Oslo Stock Exchange has passed a resolution to delist Emas Offshore, a unit of Ezra Holdings and a dual-listed company in Singapore and Norway, with effect from April 27.

Two maritime cadet training programmes to receive S$12.6m in 3-year funding

THE SkillsFuture Singapore (SSG), Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Officers' Union (SMOU) are pumping S$12.6 million into two cadet training programmes as part of efforts to further develop talent in the maritime industry...

Two maritime cadet training programmes to receive S$12.6m in 3-year funding

THE SkillsFuture Singapore (SSG), Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Officers' Union (SMOU) are pumping S$12.6 million into two cadet training programmes as part of efforts to further develop talent in the maritime industry...

Singapore Budget 2018: MAS still expected to tweak monetary policy, say economists

THE Monetary Authority of Singapore (MAS) remains likely to tighten monetary policy despite the government's decision to push back the highly-anticipated Goods and Services Tax (GST) hike, economists said...