2014年11月6日 星期四

2014-11-07 Singapore Business

  Herald Sun   
Singapore's GIC expands NZ presence, buying into 5 Westfield malls in $1b deal  The National Business Review (subscription)
GIC, the Singaporean investment fund, has entered a joint venture with Scentre Group, the trans-Tasman Westfield mall owner and operator, paying $1 billion to take a 49 percent stake in five New Zealand shopping centres. Under the joint venture, ...

Singapore buys into NZ malls   New Zealand Herald
Westfield owner teams up with GIC   SBS
GIC acquires 5 New Zealand malls in JV   AsiaOne
Law360 (subscription)   
all 68 news articles »   

  Rappler   
Singapore Airlines half-year profit down 55.5%  Rappler
SINGAPORE – Singapore Airlines (SIA) said Thursday, November 6 its half-year net profit plunged 55.5% percent, weighed by heavy losses in budget carrier affiliate Tiger Airways, and warned of a challenging outlook despite falling fuel prices. The flag ...

SIA's Q2 earnings plunge 43% to S$90.9m as Tiger bleeds   THE BUSINESS TIMES
SIA's operating profit surges, but carrier warns of headwinds   TODAYonline
Singapore Airlines half-year profit down 55.5 percent   Arab News
Bloomberg   
GlobalPost   
all 28 news articles »   

  AsiaOne   
Netizens rally behind Viet  The Star Online
MORE than US$9,600 (RM32,025) has been raised to buy a new iPhone 6 for a Vietnamese tourist who was scammed in Sim Lim Square and lost three month's worth of salary. Amounts ranging between US$1 (RM3.33) and US$100 (RM333) have been ...

Exercise your rights against errant shops, shoppers told by Case   The Straits Times
Place large signs near lifts, escalators to warn consumers   TODAYonline
£7000 raised for tourist who was filmed on his knees crying for a refund after ...   Daily Mail
Channel News Asia   
Bangkok Post   
all 155 news articles »   

  AsiaOne   
Stats ChipPAC shares tumble after takeover offer falls short of expectations  The Straits Times
Singapore - Shares of local semiconductor firm Stats ChipPAC fell on Friday a day after a Chinese firm made a takeover offer. Its shares were trading 9.5 cents or 16.4 per cent lower at 48.5 cents as at 11.04am. Some 39.2 million shares exchanged hands in ...

Hot stock: STATS ChipPAC shares skid over 16%   THE BUSINESS TIMES
STATS ChipPAC gets S$1b offer from Chinese firm   TODAYonline
Chinese Co. Offers $780M For Singapore Microchip Packager   Law360 (subscription)
Financial Times   
Taipei Times   
Reuters UK   
all 37 news articles »   

  The Straits Times   
SingPost reports 5.5% rise in Q2 net profit  Channel News Asia
TODAY reports: SingPost booked a net profit of S$37.6 million, up from S$35.6 million in the year-ago period. Revenue jumped 8.1 per cent to S$220.3 million in the quarter. PHOTOS. Enlarge; Caption. SINGAPORE: Postal operator Singapore Post on ...

SingPost reports 5.5% jump in Q2 net profit   TODAYonline
SingPost net profit rises 5.5% in second quarter to $37.6 million   The Straits Times
SingPost Q2 profit up 5.5%, declares dividend of 1.25 S'pore cts/share   THE BUSINESS TIMES

all 6 news articles »   

  AsiaOne   
Workers can expect 4.5 per cent pay rise next year: Report  AsiaOne
WORKERS can expect pay rises next year in line with what they received this year, but they should also expect higher inflation to eat into their wages more, said ECA International yesterday. The human resources firm's annual salary trends report forecasts ...

5pc pay rise likely for city's white-collar staff, survey of big firms shows   South China Morning Post (subscription)
Biggest pay rises in Argentina – at 28 per cent – next year: Survey   Canadian HR Reporter
Pay raises in 2015 to rank 2nd worst in Asia: survey   China Post
NDTV   
CNBC   
all 13 news articles »   

  Channel News Asia   
Insurance industry on track for firm growth: LIA  TODAYonline
SINGAPORE — The insurance industry in Singapore remains firmly on track for growth, with providers adjusting well to upcoming regulatory requirements while the aging and wealthy population will continue to sustain a robust demand for insurance products ...

Life insurers in Singapore see slower business in Q3   The Straits Times
Sales of single-premium life insurance products up 23%: LIA   Channel News Asia
Life insurance: Weighted new business premiums fall 6% in Q3   THE BUSINESS TIMES
The Ledger   
all 6 news articles »   

  Channel News Asia   
Kiss 92, HOT FM 91.3 and UFM 100.3 among popular radio stations in Singapore  The Straits Times
Among the English stations, Kiss 92 and HOT FM 91.3, both owned by media group Singapore Press Holdings (SPH), have a listenership of 14 per cent and 8 per cent, respectively, taking the No. 2 and No. 5 spots. The most popular English station is ...

Radio listenership holds steady at 92% each week   TODAYonline
TV viewership remains high, more reading news on mobile devices: Nielsen   Channel News Asia

all 5 news articles »   

  Channel News Asia   
OW Bunker chairman says company at risk of bankruptcy  THE BUSINESS TIMES
[COPENHAGEN] Danish ship fuel supplier OW Bunker is at risk of going bankrupt as a result of trading losses and a fraud committed by senior employees in its Singapore-based subsidiary, is chairman said on Thursday. "The company is at risk of going ...

OW Bunker Collapse: No Arrests Despite Confession, Serious Fraud Office ...   Ship & Bunker
Danish Marine Fuel Co. Seeks Court Shelter To Survive   Law360 (subscription)
OW Bunker eyes bankruptcy after S'pore fraud claims   TODAYonline
GlobalCapital   
Financial Times   
Citywire.co.uk   
all 72 news articles »   


Yangzijiang to cut investments in non-shipbuilding businesses; Q3 net profit dips ...  The Straits Times
Chinese shipbuilder Yangzijiang Shipbuilding (Holdings) reported net profit for the three months to 30 September dipped by one per cent to RMB811.19 million (S$171.90 million), due to lower gross profit, other income and other gains, though this was partly ...

Yangzijiang posts 1% fall in Q3 profit, to cut investments in non-shipbuilding ...   THE BUSINESS TIMES

all 2 news articles »   

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