The Business Times
business-time-50

SembMarine safe from SGX watch-list despite 3 years of losses

Vivienne Tay

Vivienne Tay

Published Fri, Apr 3, 2020 · 09:50 PM

Singapore

RIG builder Sembcorp Marine has given notice that it has recorded pre-tax losses for three consecutive years.

The group's six-monthly average daily market capitalisation is S$2.46 billion as at Thursday.

sembcorp marine

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

The Philippines has lost between 42.3 billion pesos (US$675.6 million) and 118.5 billion pesos to flood-control corruption since 2023.

Floods compound Philippine growth woes from public-works scandal

Children at a nursery school in Tokyo. Tokyo stands out as a rare Japanese prefecture whose population is growing while the national total is shrinking.

Tokyo reverses baby bust with AI matchmaking and generous subsidies

While fees globally are decreasing as investors seek cheaper options, there is not enough pressure in Singapore to move away from higher commissions, observers say.

More interest in ETFs, low-cost funds but Singapore still lacks pressure to further lower fund fees

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