Company News – Latest Companies news and Analysis IBTimes Singapore

Singapore Exchange shares climb 3% on dual-class share listing news

Singapore Exchange (SGX) shares gained as much as 2.8 percent to S$8.20 on Monday.

Jan 22, 2018

By Aastha Agnihotri

SGX Q2 profit unchanged, revenue from largest division drops

Singapore Exchange on Friday reported unchanged second-quarter net profit, with revenues from its largest equities and fixed income division posting a drop in the quarter.

Jan 19, 2018

By Aastha Agnihotri

Sembcorp Industries clarifies on reports of India unit IPO, stock climbs 4%

Shares in Singapore-based utility group Sembcorp Industries jumped as much as 4.3 percent to S$3.39 on Friday morning.

Jan 19, 2018

By Aastha Agnihotri

EMAS Offshore CEO leaves embattled firm

EMAS Offshore, which has been struggling since its parent Ezra Holdings filed for bankruptcy protection last year, said Chief Executive Officer Adarash Kumar has resigned.

Jan 19, 2018

By Aastha Agnihotri

Singapore Airlines rules out speculations of buying Virgin Australia

Singapore Airlines partners with LASALLE College as part of digital push

The Innovation Lab is expected to open around the middle of 2018.

Jan 19, 2018

By Aastha Agnihotri

Singapore Airlines, one of the least fuel efficient to fly the Pacific

Singapore Airlines (SIA) is one of the least fuel-efficient airline, according to an analysis of 20 major airlines operating nonstop passenger flights across the Pacific.

Jan 19, 2018

By Aastha Agnihotri

Malaysian immigration system sabotage: Five more immigration officers arrested

Malaysian Airlines' faulty engine forces emergency landing at Alice Springs

A Malaysian Airlines (MAS) flight from Sydney to Kuala Lumpur was diverted to a remote town in Australia's Northern Territory due to "technical reasons".

Jan 19, 2018

By Aastha Agnihotri

Keppel O&M in talks with Borr Drilling to offload six jack-ups for US$960 mln: report

Keppel Offshore & Marine is in talks with Oslo-listed Borr Drilling to offload six jack-up rigs to the Norwegian offshore drilling contractor.

Jan 19, 2018

By Aastha Agnihotri

CapitaLand fourth quarter profits plunge 40%

Property developer CapitaLand eyes growth opportunities in China

Property developer CapitaLand on Thursday signed a memorandum of understanding (MoU) with the district government of Wuchang in China to develop a prime site in the region.

Jan 18, 2018

By Aastha Agnihotri

Singapore: Uber to start surge pricing for ComfortDelGro taxis from Jan 19

Ride hailing firm Uber on Thursday announced the surge pricing for all its ComfortDelGro taxis from January 19.

Jan 18, 2018

By Aastha Agnihotri

Singapore-listed Aspen partners with LG Electronics to build smart city

Malaysian property developer Aspen Group signed a partnership with South Korea's LG Electronics to provide smart lifestyle solutions to its customers.

Jan 18, 2018

By Aastha Agnihotri

Singapore police arrests employee of UK firm Intertek in Shell oil heist

Singapore police has arrested an employee of UK-based quality assurance firm Intertek in relation to his involvement in a large-scale oil theft at Shell's biggest refinery.

Jan 18, 2018

By Aastha Agnihotri

Singapore: OCBC alerts public on rising phone scams impersonating the bank

OCBC bumps up stake in China-based Maxwealth Fund Management for S$12.6 mln

Singaporean lender Oversea-Chinese Banking Corp (OCBC) said it raised its stake in Maxwealth Fund Management for a total cash consideration of 61.45 million yuan (S$12.6 million).

Jan 18, 2018

By Aastha Agnihotri

singapore artificial intelligence datarobot

First REIT Q4 DPU edges higher on hospital acquisitions

First Real Estate Investment Trust reported a near 1 percent rise in fourth-quarter distribution per unit (DPU).

Jan 18, 2018

By Aastha Agnihotri

Manulife US REIT promotes Schillaci to CIO post

The manager of Manulife U.S. Real Estate Investment Trust said it appointed Jennifer R. Schillaci as Chief Investment Officer of the REIT with immediate effect.

Jan 18, 2018

By Aastha Agnihotri