HPHT’s earnings sink 27% to $36.4m in Q1

19 Apr 2016 - Singapore Business Review
Due to weaker throughput, RMB depreciation. Hutchison Port Holdings Trust (HPHT) saw a disappointing close to 1Q16, as core net profit after tax (NPAT) plunged 27% to HK$210.1m, or roughly $36.4m. According to a report by OCBC, the drop is after stripping away an exceptional government refund of HK$430m, ...
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Investors urged to dump Asian currencies after Singapore's surprise easing

19 Apr 2016 - Singapore Business Review
They're urged to snap up the greenback instead. Money managers for Asian investors are urging their clients to stock up on US dollars as the rally in regional currencies comes to an abrupt halt. A report by Bloomberg noted that Credit Suisse is betting that the greenback will gain versus a basket of ...

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Can local content save StarHub’s skin amid intensifying competition?

19 Apr 2016 - Singapore Business Review
It’s trying to hold on to its subscribers. StarHub seems to be playing it cards right—its recent moves to invest in content creation will not only diversify its revenue streams, but also serve as a defense regarding mounting threats in the mobile and pay-TV markets. According to a report by BMI Research, ...
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Is StarHub Ltd Or SATS Ltd The Better Business?

19 Apr 2016 - The Motley Fool Singapore
In a previous article, I had explained how the return on invested capital (ROIC) metric can be used to help evaluate the quality of a business. For convenience, the math needed to calculate the ROIC is given below: Generally speaking, a high ROIC will mean a high-quality business while a low ROIC will ...
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Waterway Point officially opens

19 Apr 2016 - Channel NewsAsia
SINGAPORE: Waterway Point, the retail arm of the integrated residential and retail development Watertown, was officially opened by Frasers Centrepoint Malls on Tuesday (Apr 19). Speaking at the event, Group CEO of Frasers Centrepoint Lim Ee Seng said the mall has been well-received by the community, ...
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Singapore last-mile logistics firm Ninja Van raises $30m from Abraaj Group

19 Apr 2016 - DealStreetAsia
Singapore-based last-mile logistics firm Ninja Logistics Pte Ltd, which runs next-day delivery provider Ninja Van, has raised $30 million in funding from the Abraaj Group. The round was led by a fund under Abraaj, which is a Dubai-based private equity investment firm, and saw participation from return ...

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ST Aerospace bags $443m worth of contracts in Q1

19 Apr 2016 - Singapore Business Review
Project wins almost doubled. ST Aerospace reported that it hauled in $443m worth of new contracts in the first three months of the year, a far cry from $298m in contract wins that it reported in the same period last year. The projects range from airframe maintenance and cabin interiors, to engine wash, ...
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What’s In Store For CapitaLand Mall Trust’s Funan DigitaLife Mall?

19 Apr 2016 - The Motley Fool Singapore
The iconic Funan DigitaLife Mall, which belongs to CapitaLand Mall Trust (SGX: C38U), will be closed officially on 1 July 2016 for redevelopment works that is expected to last for three years. The redevelopment will add about 388,000 square feet (sq ft) of space to the mall’s current gross floor area ...
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DBS teams up with two peer-to-peer lending sites to widen funding options for SMEs

19 Apr 2016 - Singapore Business Review
It’s the first partnership of its kind. Singapore’s largest bank has inked with peer-to-peer (p2p) lending platforms Funding Societies and MoolahSense to expand funding sources available to small businesses. Under the partnership, DBS can refer some of the smaller businesses that the bank is unable to ...
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Latest Earnings From First Real Estate Investment Trust: More Growth Ahead Reported

19 Apr 2016 - The Motley Fool Singapore
First Real Estate Investment Trust (SGX: AW9U) released its first-quarter earnings yesterday evening for its fiscal year ending 31 December 2016. The real estate investment trust, which has a focus on healthcare-related real estate, currently owns 17 properties in total in Indonesia, Singapore, and South ...
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