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Latest Channel NewsAsia Singapore Business News

Total news: 2090
Last news: 6 hours 35 minutes ago

SINGAPORE - US gaming firm Las Vegas Sands intends to finish a casino project it is building in Singapore and there are no indications it will default on loans, lender DBS Group said Friday. - [Read more]

SINGAPORE - Singapore's DBS Group, Southeast Asia's biggest bank by assets, said Friday it was cutting 900 staff to trim costs amid the global credit crisis, and reported a slump in third quarter net profit. - [Read more]

SINGAPORE: Singapore mainboard-listed Raffles Education Corp saw net profit rise 100 per cent on-year to S$31.8 million for its first quarter ended September. - [Read more]

SINGAPORE: Exchange-traded funds (ETFs) are gaining popularity among investors who are facing volatile equity markets around the world. - [Read more]

SINGAPORE: It was a triumphant moment for supporters of Barack Obama when he was voted into the White House on Wednesday. - [Read more]

SINGAPORE: The world is facing a protracted economic slowdown in the wake of the current financial crisis which is expected to last another two years, according to global economic expert, Eisuke Sakakibara. - [Read more]

SINGAPORE: Getting a more efficient tax structure is one of the key tasks of Singapore companies which are looking into mergers and acquisitions in India, despite a tax treaty between the two countries. - [Read more]

SINGAPORE: Singapore Airlines (SIA) said Thursday its fiscal second quarter net profit fell 36.2 per cent from the previous year and the outlook remained weak due to slowing travel demand and volatile currencies. - [Read more]

SINGAPORE: Singapore shares closed 2.66 percent lower on Thursday on renewed concerns that the global economy is weakening rapidly, dealers said. - [Read more]

SINGAPORE: StarHub has posted a 2.1 per cent drop in third quarter earnings on-year. Net profit for the three months ended in September came in at S$79.5 million. - [Read more]

SINGAPORE: OCBC Bank said its exposure to Lehman-linked minibonds is not expected to be significant. The comment came as the lender released its third-quarter earnings on Wednesday. - [Read more]

SINGAPORE : Consumer energy prices in Singapore could drop by as much as 20 per cent in five years' time, according to industry players speaking at Singapore's electricity roundtable. - [Read more]

SINGAPORE: Emerging markets such as China have been the growth engine for many companies. But some experts said mergers and acquisitions deals in China have now become less tax efficient because Chinese tax laws have not caught up with changes to other Chinese regulations. - [Read more]

SINGAPORE: Oversea-Chinese Banking Corporation (OCBC) posted a 13 per cent decline in quarterly profit for the three months ended September, as compared to a year ago. - [Read more]

SINGAPORE: Singapore shares closed 2.14 per cent higher on Wednesday, tracking other Asian stock markets which were buoyed by the election of Democrat Barack Obama as US president, dealers said. - [Read more]

SINGAPORE: How did DBS Bank ever get itself into such a mess? - [Read more]

SINGAPORE : Singapore Technologies (ST) Engineering has booked a 3 per cent climb in third quarter earnings, compared to a year ago. - [Read more]

SINGAPORE : Parkway Life Real Estate Investment Trust (PREIT) said it will distribute 1.71 Singapore cents per unit for its third quarter. - [Read more]

SINGAPORE: Food logistics and catering supplier Singapore Food Industries (SFI) saw a 4.9 per cent rise in net earnings to S$5.8 million in the third quarter ended September compared to the previous corresponding period. - [Read more]

SINGAPORE : Sembcorp Marine said its third quarter profit jumped 73 per cent to S$140.9 million, but revenue fell 2 per cent to S$1.14 billion. - [Read more]