Entrepreneurship
SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops
SINGAPORE Land Group (SingLand) reported a net profit of S$180.5 million in the second half ended Dec 31, up 76 per cent from S$102.4 million in the year ago...
China raises scrutiny of outflows via Hong Kong listings, foreign deals
CHINA is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after...
SingPost must quickly find a new group CEO to deliver it from its troubles
The postal-service provider’s road map following the sale of its Australian unit would shape the slate of candidates and its final pick of helmsmanNATIONAL postal-service provider Singapore Post (SingPost) is...
China Everbright Water’s FY2024 profit falls 14% to HK$1 billion
CHINA Everbright Water’s net profit for the full year ended Dec 31 fell 14 per cent to HK$1 billion (S$175.5 million) from HK$1.2 billion in the previous corresponding period.Earnings...
India’s February gold imports to hit 20-year low on record high prices: sources
INDIA’S gold imports are set to tumble 85 per cent in February from year ago levels to their lowest in 20 years, with demand sapped by record prices for...
CLP to focus capital on Hong Kong and China in clean power push
CLP Holdings plans to focus on investing in Hong Kong and mainland China, while projects in other areas will need to be self-funded as the utility seeks a greener...
Yangzijiang Shipbuilding dives 11% to S$2.66 after US proposed fees for Chinese-built ships
SHARES of maritime vessel maker Yangzijiang Shipbuilding fell on Tuesday (Feb 25) morning amid news of the Trump administration’s proposed imposition of fees for Chinese-built vessels entering US ports. ...
Indonesian bond plan sparks fears over governance, monetisation
BANK Indonesia’s plan to buy bonds that will be issued by the government to fund its ambitious housing programme is raising more concerns over the nation’s debt governance.The plan...
Great Eastern Q4 profit falls 14% to S$134.8 million
GREAT Eastern on Tuesday (Feb 25) reported a net profit of S$134.8 million for the fourth quarter ended Dec 31, down 14 per cent from S$157.2 million in the...
Citadel Securities plots jump into crypto trading after Trump’s embrace
KEN Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting US President Donald Trump’s embrace of the industry will usher in a boom...
