The Business Times
business-time-50

Business briefing

Published Fri, Sep 12, 2014 · 10:00 PM

China FlexPack back in the black for Q3

CHINA Flexible Packaging Holdings swung to a 15.4 million yuan (S$3.17 million) profit for the third fiscal quarter ended July 31 from a year-ago loss of 92.9 million yuan, the maker of packaging films' first profitable quarter since 2012. The turnaround was attributed to higher sales of high-margin shrinkage film products.

China FlexPack shares ended at one Sinagpore cent on Friday, down by 16.7 per cent or 0.2 cent, before the announcement

TRENDING NOW

From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

Asian investors continue to allocate capital to global markets, while maintaining significant exposure to US assets. 

Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing

Buying a new EC unit can be a cost-effective way to get into private homeownership.

Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?

The Golden Violet oil tanker docked at a PT Pertamina facility in Tanjung Priok Port in Jakarta, Indonesia. Asia’s new energy security architecture should have a support mechanism to help Asian countries build emergency oil reserves through financing and technical assistance.

Asia needs new energy security architecture

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More