Keppel and Baku Shipyard to terminate agreements

KEPPEL Corporation announced on Wednesday that it has agreed to terminate Management Services Agreement and Technical Services Agreement with joint venture company Baku Shipyard.

Courts Asia warns of net loss in Q1

COURTS Asia warned of net loss for its first quarter ended June 30, due to new consumer protection regulations that impacted the group’s Malaysia business as well as impact from higher impairment levels and the adoption of FRS 109 Financial Instruments (FRS 109) on the Indonesia business.

Fragrance Group's net profit up 20.5% in Q2

FRAGRANCE Group posted a net profit of S$5.38 million for its second quarter, up 20.5 per cent from a year ago.

PSA International is majority shareholder of CrimsonLogic

PSA International has become the majority shareholder of CrimsonLogic through an additional subscription of shares and share purchase from Enterprise Singapore’s wholly-owned subsidiary Enterprise Singapore Holdings.

ComfortDelGro acquires Australian bus operator for A$110m

COMFORTDELGRO Corporation announced on Tuesday that its wholly-owned subsidiary ComfortDelGro Corporation Australia has entered into an agreement to acquire all the issued shares of FCL Holdings for A$110 million (S$111.1 million).
BT EXCLUSIVE

Business prospects dim for second half; small firms to be badly hit

BUSINESS conditions took a turn for the worse in the second quarter, following two straight quarters of rapid growth, according to the latest Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Survey.

Centurion Corp's Q2 net profit ticks up by 8%

SPECIALTY housing provider Centurion Corporation announced a net profit of S$9.77 million for the second quarter, up 8 per cent from a year ago.

Best World's net profit falls 23.7% in Q2

BEST World International posted a net profit of S$9.13 million for the second quarter ended June 30, down 23.7 per cent compared to a year ago.

Riverstone Holdings' net profit up 23.9%

MANUFACTURER of specialised cleanroom and healthcare gloves Riverstone Holdings posted a net profit of RM33.6  million (S$11.2 million)  for the second quarter, up 23.9 per cent a year ago.

Yangzijiang's Q2 net profit up 38% to 994.9m yuan

SHIPBUILDER Yangzijiang announced a net profit of 994.9 million yuan (S$198.8 million) for its second quarter, up 38 per cent from a year ago.

APAC Realty's net profit down 9.3% to S$7.69m in Q2

APAC Realty, which operates a real estate brokerage under the ERA brand, announced a net profit of S$7.69 million for the second quarter ended  June 30 2018, down 9.3 per cent from S$8.49 million a year ago.

Trek 2000's Q2 net profit more than halved from a year ago

TREK 2000 announced a net profit of US$77,000 for its second quarter ended  June 30 2018, diving from US$2.06 million a year ago.

ComfortDelGro acquires Australian bus operator FCL Holdings for A$110m

COMFORTDELGRO Corporation announced on Tuesday that its wholly-owned subsidiary ComfortDelGro Corporation Australia has entered into an agreement to acquire all the issued shares of FCL Holdings for A$110 million (S$111.1 million).

Manufacturing activity eases a touch in July as trade tensions simmer

THE pace of manufacturing activity in Singapore continued to moderate in July for the fourth straight month, in line with economists' expectations of a slowdown in the second half of the year...

E-commerce propels Singapore SMEs to lead APAC exporters

SMALL and medium-sized enterprises (SMEs) in Singapore were the top exporters by revenue in Asia Pacific last year, according to a study commissioned by FedEx Express.

Singapore SMEs top exporters in Asia-Pacific: FedEx survey

SMALL and medium-sized enterprises (SMEs) in Singapore were the top exporters by revenue in the Asia-Pacific last year, according to a study commissioned by FedEx Express.

Property sector sentiment down, but underlying demand still exists

THE real estate industry's business sentiment plunged after the latest round of property cooling measures, but the outlook of the services sector continued to hold firm even as manufacturing optimism waned...

Retirement age review, reskilling: Firms say flexibility is key

WHEN it comes to manpower decisions such as raising the mandatory retirement age or retraining workers for new roles before retrenchment, businesses say flexibility is key.
CUBICLE FILES

Why some people crumble when it's crunch time

FEW of us have ever been in the position of Joseph Schooling at the 2016 Olympics. Even for someone with shoulders so broad, the weight of a nation's hopes and expectations must not be easy to carry. Yet, he kept his cool and put on the performance of a lifetime, defeating the legendary...
BT EXCLUSIVE

Construction in for long winter as cooling measures dash hopes

JUST when a silver lining appears to be on the horizon for Singapore's construction industry, the latest round of property cooling measures has put paid to the sector's recovery...

Ong Ye Kung lists 4 sources of tension facing education

THE choice between skills and degrees is actually a "false dilemma", Minister of Education Ong Ye Kung said on Wednesday...
HOT STOCK

SembMarine shares slide on disappointing Q2 results

SEMBCORP Marine shares sank on Monday, following its second-quarter results released after trading hours on Friday which saw the group post a net loss of S$55.62 million. This came in lower than street expectations.

Amara's Chan Yean Chun crosses to Oxley as CFO

DEVELOPER Oxley Holdings has hired former Amara Holdings group financial controller Chan Yean Chun as chief financial officer and company secretary.

Hot stock: Venture Corp shares jump 9.1%, queried by SGX

ELECTRONICS manufacturer Venture Corporation was queried by the Singapore Exchange on Monday for unusual price movements in its shares.

Hot stock: SembMarine shares fall after lower-than-expected Q2 earnings

SEMBCORP Marine shares sank on Monday, following its second-quarter results released after trading hours on Friday which saw the group post a net loss of S$55.6m.