SINGAPORE: Singtel reported on Thursday (Feb 9) that its net profit rose 2 per cent to S$973 million in the third quarter, due to strong core business and higher contributions from regional mobile associates. However, group revenue fell 1.5 per cent to S$4 ... ( read original story ...)
Sansiri, SCB join forces to launch Siri Venture for property tech startups in Thailand
With focus on investing in property-related startups and R&D, Sansiri will own 90 per cent of Siri Venture while SCB owns the rest ... to startups based in Thailand and Singapore. It will inject between THB500,000 (US$14,200) and THB10 million (US$285,000 ... ( read original story ...)
Singtel confirms DBS, Morgan Stanley, UBS to handle broadband unit IPO
SINGAPORE Singapore Telecommunications Ltd (STEL.SI) confirmed on Thursday it has appointed DBS Group Holdings Ltd, Morgan Stanley and UBS Group AG to handle the planned initial public offering (IPO) of its broadband subsidiary NetLink Trust. Singtel Group ... ( read original story ...)
Little Movement Expected For Singapore Shares
(RTTNews.com) - The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gathered almost 30 points or 1 percent. The Straits Times Index now rests just above the 3,065-point plateau, and the market figures to remain ... ( read original story ...)
Singapore marks down annual job creation outlook; says there is a new normal
Office workers walk to the train station during evening rush hour in the financial district of Singapore March 9, 2015 Reuters The rate of annual job creation in Singapore has long been declining progressively, but the government has now officially said ... ( read original story ...)
Boeing front-runner for $13.8 billion Singapore Airlines order: Bloomberg
CNN reported in November that Singapore Airlines would make a decision by end-year. Boeing Co declined to comment, while Singapore Air was not immediately available for comment. (Reporting by Shalini Nagarajan in Bengaluru) Next In Business News ( read original story ...)
Singapore start-up CXA raises S$35m in funding round led by Facebook co-founder Saverin
SINGAPORE: Health technology start-up ConneXionsAsia (CXA) has raised US$25 million (approximately S$35 million) in a funding round led by Facebook co-founder Eduardo Saverin’s B Capital Group and Singapore-based investment vehicle EDBI. Other investors ... ( read original story ...)
Singapore ranks 8th in International IP index
Singapore ranked eighth in a newly released Intellectual Property (IP) index by the United States Chamber of Commerce, with its key strengths in existing IP frameworks and weaknesses in software piracy and IP-infringing goods. Although Singapore ranked ... ( read original story ...)
Flight check: Singapore to Auckland with Air New Zealand
Price: Just over $1100 for a one-way ticket from New Delhi. The first leg to Singapore was a Singapore Airlines flight. From Singapore to Auckland I flew with Air New Zealand. The ticket was purchased a week prior to departure so a surprisingly good price. ( read original story ...)
AECOM to design Singapore-Kuala Lumpur HSR: LTA
Malaysia's Prime Minister Najib Razak and Singapore's Prime Minister Lee Hsien Loong attending a press meeting in Singapore in February 2013 as they announced the HSR project linking the capital cities of both the countries. Reuters Singapore's Land ... ( read original story ...)
Singapore annual jobs growth to 'stabilise' at levels far below previous years: Lim Swee Say
Singapore, which used to add 100,000 to 120,000 jobs every year in the past has seen the additions sinking in the recent past, and it will stabilise near 25,000 to 40,000 in the next three to five years, the Manpower Minister Lim Swee Say said on Wednesday ... ( read original story ...)
Singapore bank allows clients to manage Swiss assets
Clients of Bank of Singapore can now book assets in Switzerland, thanks to an agreement the bank made with Bank Vontobel AG. The partnership will allow the Singapore-based bank’s customers to manage their assets booked in Zurich, making it one of the few ... ( read original story ...)
Singapore eyes incentives to lure Aramco IPO
It could be the world's largest-ever IPO. According to a report from Bloomberg, Singapore is considering a range of measures to lure a listing from energy giant Saudi Arabian Oil Co., according to people familiar with the matter, as global exchanges ... ( read original story ...)
Overseas business can mitigate domestic headwinds
Singapore accounts for a sizeable chunk of CDLHT's portfolio, translating to 62 per cent of its FY16 net property income (NPI). This is down from 66 per cent in FY15, due to a UK property acquired in October that year. In the final quarter of 2016 ... ( read original story ...)
300 more Platinum tickets available for HSBC Singapore Rugby Sevens
SINGAPORE – Due to overwhelming demand, Rugby Singapore announced on Wednesday (Feb 8) that they are releasing 300 new Platinum tickets for the 2017 HSBC Singapore Rugby 7s on April 15-16 at the National Stadium. Platinum tickets had sold out a couple of ... ( read original story ...)
US engineering firm AECOM to design Singapore's high-speed rail infrastructure
SINGAPORE: The Land Transport Authority (LTA) has appointed AECOM Singapore to conduct an advanced engineering study for Singapore stretch of the Singapore-Kuala Lumpur high-speed rail (HSR) infrastructure, it announced on Wednesday (Feb 8). The US ... ( read original story ...)