WhatClinic.com expands to Singapore, leveraging on medical tourism demand

20 Apr 2016 - DealStreetAsia
Healthcare search engine WhatClinic.com, founded in 2007 by founder and CEO Caelen King, is conducing a strategic expansion into the Singapore market. The healthcare search engine helps patients find and compare private medical clinics is conducting a strategic expansion into the Singapore market, in ...

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Can Keppel really rely on property to save its sinking ship?

20 Apr 2016 - Singapore Business Review
More cancellations await its O&M arm. Keppel Corporation is pinning its hopes on its property segment to salvage earnings as offshore and marine contracts vanish, but analysts are doubtful whether Keppel Land's contributions will be able to make up for the gap left by its O&M segment. "[Strong China ...
sgx:bn4

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What Would An Investing Legend Think Of ComfortDelGro Corporation Ltd Now?

20 Apr 2016 - The Motley Fool Singapore
Singapore’s stock market barometer, the Straits Times Index (SGX: ^STI), is down by 16% over the last 12 months. But, there are some stocks that have done relatively well over the same period and one of them is land transport giant ComfortDelGro Corporation Ltd (SGX: C52). From 20 April 2015 to today, ...
sgx:^sti sgx:c52

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China Star Food Group lists, Perennial Real Estate offers bonds

20 Apr 2016 - DealStreetAsia
Chinese sweet potato snacks manufacturer China Star Food Group has successfully listed on the Singapore Exchange Limited’s Catalist board, while property firm Perennial Real Estate Holdings has announced its intent to offer S$200 million in four-year bonds. Fujian-based China Star Food Group, a company ...
sgx:40s sgx:s68

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Shophouses sold like pancakes at auctions as buyers dodge stamp duties

20 Apr 2016 - Singapore Business Review
Investors are shying away from residential properties. The number of shops and shophouses put up for auction more than doubled in the first quarter, according to a report by Knight Frank. Surprisingly, the shops and shophouses sector beat the residential segment in terms of successful deals. Four shops ...

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OSIM’s net profit slumped 42% to $7.8m in Q1

20 Apr 2016 - Singapore Business Review
Sales tumbled across key markets. OSIM International’s net profit was almost halved in the first quarter, on back of steadily soft sale across its core markets. The group's sales dropped 8% to $138 million in Q1, compared to $150 million in the same period last year. OSIM acknowledged that it is struggling ...
sgx:o23

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Local PE salaries finally at par with Hong Kong as pay inches up

20 Apr 2016 - Singapore Business Review
China and Australia boast the highest salaries. Private equity professionals in Singapore enjoyed higher pay in 2015, according to the Asia Pacific Private Equity Compensation Survey by Heidrick & Struggles. "Regional hubs Hong Kong and Singapore reported similar compensation levels. This is a shift ...

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Daily Markets Briefing: STI up 1.2%

20 Apr 2016 - Singapore Business Review
Don't expect strong gains today. According to OCBC, while Wall Street eked out further gains overnight, the US index futures have started to come off slightly; hence further strong gains in the local bourse looks unlikely, especially after the STI’s strong 1.2% rebound yesterday. Here's more from OCBC: ...
sgx:^sti

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Chart of the Day: Office vacancy levels to spike as struggling energy companies downsize

20 Apr 2016 - Singapore Business Review
Demand will head south. The continued rout in oil prices is dampening office space demand in Singapore, according to a report by CBRE. CBRE noted that while there are clear signs that the contraction phase in the financial sector may be nearing an end, the turmoil in the energy sector is impacting oil ...

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CapitaLand’s Q1 earnings leap 10.6% to $152.8m

20 Apr 2016 - Singapore Business Review
Thanks to better operating performance, CapitaGreen contributions. Boosted by robust Chinese home sales, CapitaLand Limited (CAPL)’s operating profit after tax and minority interests (PATMI) climbed 10.6% YoY to $152.8m in 1Q16. According to a report by OCBC, the growth is thanks to better operating ...
sgx:c31

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