These are Singapore companies which may be in focus on Wednesday, 20 November 2019: Oxley, UEL, Ascott Residence Trust and Ascendas Hospitality Trust.
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Upstart fintechs’ entry into financial services hasn’t set up a fixed battle with the established banks in Africa. Quite the contrary, in fact.
These are Singapore companies which may be in focus on Monday, 18 November 2019: SIA, OCBC, Lendlease Global Commercial REIT and Eagle Hospitality Trust.
Tiong Seng secured a total of S$125M in green loan and environmental performance-linked facilities from OCBC and DBS, the construction company said Monday.
Ravi Menon, Singapore’s central bank chief, said fintechs must serve a larger good and create a better, greener world.
Eagle Hospitality Trust laid out its case about its Queen Mary property again Friday, rebutting recent claims and addressing investors’ concerns.
These are Singapore companies which announced share buybacks on Friday, 15 November 2019: Sembcorp Industries, Keppel REIT, Global Investments and AEI Corp.
The Singapore Airlines group carried 3.24M passengers in October, up 8.9 % on-year, while the passenger load factor increased, the carrier said Friday.
Frasers Property said Friday its fiscal year net profit dropped 25.3% on-year to S$560.3M on lower contributions from Singapore and Australia development projects.
OCBC said Friday its deemed interest in Lendlease Global Commercial REIT fell to 10.912% from 11.111% after the disposal of 2.32 million shares.
For banks to make loans to individuals or businesses without a credit history, they must turn to non-traditional metrics, but the results can be spotty.
Sakae reported Thursday its fiscal 1Q net loss widened to S$831,000 as the sushi chain worked to streamline its operations.
Sheng Siong entered a deal to acquire a property at Block 118 Aljunied Avenue 2 from Jelita Property for S$29.5M, the supermarket operator said Friday.
OUE reported Thursday its 3Q19 net profit surged to S$124.1 million from S$2.1 million in the year-ago period on a one-off non-cash gain of S$90.9M.
These are Singapore companies which may be in focus on Friday, 14 November 2019: Singtel, Sembcorp Industries, F&N, Old Chang Kee, CapitaLand and Sunvic.
These are Singapore companies which announced share buybacks on Thursday, 14 November 2019: OCBC, Keppel REIT, Intraco, AEI and Cheung Woh Technologies.
Ezion said Thursday it entered a deal to divest its 49 percent stake in PT Pelita Bara Samudera to PT Karya Pilar Sukses for US$2.05 million.
Singtel reported Thursday its fiscal 2Q swung to a net loss of S$668.1M from a year-ago net profit of S$667.2M due to an exceptional item related to Airtel.
Sembcorp Industries reports 3Q19 net profit fell 13% on-year to S$71 million as the energy segment’s contributions fell and the marine unit posted losses.
Fraser and Neave reported Thursday its fiscal full year net profit increased 23.5 percent on-year to S$152.56 million on higher soft drink and dairy sales.
Iconic Singapore curry puff maker Old Chang Kee reported Thursday its fiscal 2Q net profit fell 9.4 percent on-year as revenue from retail outlets declined.
Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology.
Smartphones may be hailed as the game-changer in efforts to bring more people into the formal banking system, but it’s not living up to the hype.
Temasek said Thursday it priced 500M euros of 12-year bonds at 0.50 percent and 500M euros of 30-year bonds at 1.25 percent amid strong demand.
These are Singapore companies which may be in focus on Thursday, 14 Nov. 2019: Temasek, Yangzijiang, ComfortDelGro, Olam, Keppel and Eagle Hospitality Trust.
Yoma reported Thursday its fiscal 2Q swung to a net loss of US$43.33M from a year-earlier net profit of US$29.88M as property development revenue dropped.
Ayala Corp. will invest up to US$237.5M to take an up to 20% stake in each of Yoma Strategic and its affiliate, First Myanmar Investment (FMI), Yoma said Thursday.
SPH said Thursday it entered a deal to acquire a German student accommodation property from Liberty Living (Galileo Residenz) for 15.56 million euros.
These are Singapore companies which have announced share buybacks on Wednesday, 13 November 2019: Jardine Matheson, Keppel REIT, Stamford Land and AEI.
Olam International reported Wednesday its third quarter net profit fell 1.5 percent on-year to S$20.37 million, hit by changes to accounting for leases.
ComfortDelGro reported Wednesday its 3Q19 net profit fell 10.8 percent on-year to S$70 million on lower taxi revenue and unfavorable currency translations.
Eagle Hospitality Trust reported Wednesday its 3Q19 net property income came in at US$20.07 million, 2.7 percent below the forecast from its IPO prospectus.