SINGAPORE (REUTERS) – StarHub, Singapore's second largest telecom firm, on Thursday posted a 15 per cent rise in fourth quarter net profit and said it expects operating revenue to grow in the low- single-digit range this year. Related Stories No-show at hearings: Maid abuser ordered to submit medical report Singapore investors must be certified...
By Alex Kennedy, The Associated Press SINGAPORE – Singapore Airlines Ltd. said Thursday that quarterly profit plunged 53 per cent as passenger demand slowed while higher fuel prices sent costs up. Net … (more…) Related items Singapore Airlines 4Q profit plunges 53 percent China says its military no threat to peace in Asia Asia...
THE Straits Times Index dropped 0.96 per cent, or 27.97 points, to 2,888.29 at the close of trading. Beverage distributor Fraser and Neave gained 1.32 per cent to S$6.89 while United Overseas Bank lost 1.15 per cent to end at S$17.20. CapitaLand dropped 1.5 per cent to S$2.61 while Neptune Orient Lines fell 3...
THE beleaguered airline has lost millions despite upping airfares by around 16 per cent. (read here more…) Related items Tiger Airways increases flights Tiger Airways gets OK to fly Decision soon on Tiger grounding Tiger decision expected this week Court to rule today on Tiger ban
SINGAPORE : Commodity trading group Olam International plans to invest US$75 million for a 75 per cent stake in Russian Dairy Company (Rusmolco). (more business here…) Related items SingTel says no talks on selling its stake in Telkomse Olam jumps on earnings, higher profit target Singapore’s Sembcorp Marine raises stake in Indian JV Sembcorp...
Singapore telco M1 Limited (M1) reported that its net profit after tax increased 4.5 percent to S$164.1 million for the year ended 31 December 2011. The telecom company announced Monday (16 Jan) the unaudited group financial results for the year. (read the story…) Related items M1 net profit up 4.5 per cent M1 reports...
THE Straits Times Index slid 0.7 per cent to 2,795.40 at the close. These were among the most active shares in the market: Wilmar International the world's largest palm-oil processor, slid 1 per cent to S$5.09, Golden Agri-Resources Ltd dropped 1.4 per cent to 73 Singapore cents. Meanwhile,Jardine Matheson Holdings, the owner of supermarkets,...
THE Straits Times Index advanced 2.15 per cent to 2,815.85, the highest since November 14 2011.shares. DBS Bank gained 2.71 per cent to S$12.89 and Olam International gained 3.97 per cent to S$2.36. China Aviation Oil Singapore, a jet-fuel supplier in China, increased 3.8 per cent to S$1.09. Singapore Exchange, the operator of Asia's...
THE Straits Times Index advanced 2.15 per cent to 2,815.85, the highest since November 14 2011.shares. DBS Bank gained 2.71 per cent to S$12.89 and Olam International gained 3.97 per cent to S$2.36. (more business here…) Related items SINGAPORE: Market hits 2-month high SINGAPORE: Index ends slightly lower SGX: Stocks snap winning streak SGX:...
Net profit for Singapore telco M1 Limited (M1) for the year ended 31 December 2011 increased 4.5 per cent to $164.1 million. In the unaudited group financial results, operating revenue grew 8.8 per cent to $1,064.9 million, driven by higher service revenue and handset sales. (read the story…) Related items M1 reports 6.6% rise...
The Government of Singapore has acquired 1.09 per cent stake, now worth about Rs 2,500 crore, in Mukesh Ambani-led RIL, the company's latest shareholding data shows. (read the story…) Related items Singapore govt buys 1.09% stake into RIL M1 net profit up 4.5 per cent SingTel’s Q1 net profit down 3% on-year SingTel expands...
SINGAPORE, Jan 13 (Bernama) — Singapore Retail sales decreased 0.6 per cent(seasonally adjusted) in November 2011 compared to the previous month.In a statement, the Department of Statistics said excluding motor vehicles,retail sales remained at a similar level. Compared to a year ago, retail sales went up 6.4 per cent in November 2011.Excluding motor vehicles,...
