Real Estate
Cosco Shipping returns to black in FY2023, as H2 net loss narrows significantly
LOGISTICS management service provider Cosco Shipping International (Singapore) on Thursday (Feb 29) recorded a full-year net profit of S$1.9 million, reversing from an S$88.6 million loss a year ago....
Hotel Grand Central swings back to black with H2 net profit of S$1.4 million
HOTEL Grand Central announced a net profit of S$1.4 million for the second half ended Dec 31, 2023, reversing a net loss of S$4.6 million in the corresponding period...
Hong Leong Asia expects diversifying engine product mix to improve margins
INDUSTRIAL conglomerate Hong Leong Asia will better position itself for growth by looking beyond trucking and catering to other engine sectors, chief executive Stephen Ho said in an analyst...
🎤 Enchanted: A non-Swiftie’s takeaway from the Taylor Swift mania
Years later, with the success of her next few albums Lover (2019) and Evermore (2020), everyone now wants a piece of her Eras Tour. What happened to all those...
Haleon sees sluggish Q1 growth on tepid flu season, China demand
BRITISH consumer healthcare giant Haleon said on Thursday (Feb 29) its first-quarter organic revenue growth would slow, citing a tepid cold and flu season and cooling China demand. Despite...
Japan’s SoftBank cuts stake in India’s Paytm to under 3%
JAPAN’S SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83 per cent from 5.01 per cent, an exchange filing showed on Thursday (Feb...
Bahrain’s sovereign wealth fund to invest in Singapore Gulf Bank
BAHRAIN’S sovereign wealth fund Mumtalakat is investing in Whampoa Group’s Singapore Gulf Bank (SGB). The investment will enable SGB to launch and grow its business in Bahrain, said Mumtalakat...
Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%
Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction...
