Posts by Yurie Miyazawa
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
[SINGAPORE] Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first quarter ended Jun 30, up 29.2 per cent from S$33.2 million in the year-ago period. The group’s revenue for Q1 FY2026, at S$358.4 million, was 33.4 per cent higher than the S$268.7 million…
Read MoreMicrosoft rushes to stop hackers from wreaking global havoc
[WASHINGTON] Hackers exploited a security flaw in common Microsoft software to breach governments, businesses and other organisations across the globe and steal sensitive information, according to officials and cybersecurity researchers. Microsoft over the weekend released a patch for the vulnerability in servers of the SharePoint document management software. The company said that it was still…
Read MoreChinese investors snap up Hong Kong stocks as flows near record
The accelerated buying comes as the Hang Seng China Enterprises Index has gained 24% this year Published Tue, Jul 22, 2025 · 05:36 PM [HONG KONG] Mainland Chinese investors’ purchase of Hong Kong-listed stocks is approaching an annual record, driving a rally that has made a key benchmark in the city one of the world’s…
Read MoreThai Cabinet approves Vitai Ratanakorn as next central bank chief
Published Tue, Jul 22, 2025 · 02:34 PM [BANGKOK] Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a government official said. The appointment of Vitai, 54, the president and CEO of the Government Savings Bank, would be subject to royal approval…
Read MoreInstead of being a universal bank across Asean, CIMB wants to have a niche in each market, says group CEO
[KUALA LUMPUR] CIMB wants to find its niche in each of the markets it is in, instead of trying to serve every customer segment across Asean, said group chief executive officer Novan Amirudin. The Malaysian lender positions itself as an Asean-focused bank and has operations in 10 markets globally. As one of the largest banks…
Read MoreTiming of JS-SEZ a lot more promising than some previous attempts: CIMB
[KUALA LUMPUR] The timing of the Johor-Singapore Special Economic Zone (JS-SEZ) is “a lot more conducive” today than some of the previous attempts to do something similar, said Chu Kok Wei, CEO of group wholesale banking at CIMB. Chu said there are not many good global examples of successful cross border special economic zones, “simply…
Read MoreJeju Air crash families denounce report blaming pilot error
[SEOUL] The families of victims of South Korea’s deadliest plane crash on home soil have denounced a government report which blamed the disaster on pilot error, a representative told AFP on Tuesday. The Boeing 737-800 was flying from Thailand to South Korea’s south-west on Dec 29 last year but ended up belly-landing at Muan airport…
Read MoreAdvanced Systems lodges police report over former execs’ alleged offences, unauthorised fund transfers
[SINGAPORE] Catalist-listed Advanced Systems Automation (ASA) has lodged a police report with the Singapore Police Force over potential offences committed by its ex-chief executive officer and a former director. On Tuesday (Jul 22), ASA said it lodged a report in relation to alleged breaches made by Seah Chong Hoe, who was terminated as CEO on…
Read MoreT Rowe favours Thailand, Malaysia bonds on scope for rate cuts
[NEW YORK/SINGAPORE] T Rowe Price Group likes local bonds in Thailand and Malaysia, betting that further monetary easing will outweigh currency gains as a key driver of investor returns. Malaysia’s central bank has potential to deliver several more interest rate cuts after its first policy easing in five years earlier this month, while persistent deflation…
Read MoreTemasek proposes 5-year, 10-year and 30-year tranches of offshore Chinese yuan bonds
These will be issued under its US$25 billion guaranteed global medium-term note programme [SINGAPORE] Temasek announced on Tuesday (Jul 22) a proposed notes issuance in a five-year tranche. This is in addition to the 10 and 30-year tranches. These will be issued under its wholly-owned subsidiary, Temasek Financial (I)‘s US$25 billion guaranteed global medium-term note programme.…
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