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Dream Chaser Spacecraft has first successful test flight

Sierra Nevada Corporations (SNC) Dream Chaser® spacecraft had a successful free-flight test on 11 November, 2017 at Edwards Air Force Base, with support of Nasas Armstrong Flight Research Center.

Nov 15, 2017

By Staff Reporter

Nasa

SIA flight to Istanbul turns back to Singapore after suicide attacks at Turkey airport

Singapore Airlines passenger numbers, load factor rise in October

Singapore Airlines (SIA) carried more passengers and filled a higher proportion of its seats in October, but cautioned that the operating landscape remains competitive.

Nov 15, 2017

By Aastha Agnihotri

Ichiban Sushi owner RE&S Holdings to list on Catalist on Nov 22

Japanese restaurant group RE&S Holdings, which operates the brand Kuishin Bo, on Wednesday launched its initial public offering (IPO) of 38 million shares at S$0.22 a piece.

Nov 15, 2017

By Aastha Agnihotri

Cab hailing firm Ryde offers carpool services for school children

Ride-sharing app Ryde is offering carpooling service to school children in an effort to reduce fuel costs.

Nov 15, 2017

By Aastha Agnihotri

Olam International Q1 net profit surges more than 200 percent

Olam International Q3 profit rises as edible nuts business grows

Olam International on Wednesday said net profit rose 17.5 percent in the third quarter due to strong volume growth and improved operational performance across most segments .

Nov 15, 2017

By Aastha Agnihotri

SingPost Q2 profit falls on absence of one-off gain, costs spike

Singapore Post, which provides domestic and international postal services, reported a 9.5 percent drop in second-quarter profit due to lower domestic mail revenue, higher costs and lack of one-off gains.

Nov 15, 2017

By Aastha Agnihotri

Alliance Mineral requests trading halt pending announcement

Alliance Mineral Assets, an explorer and excavator of minerals, on Wednesday requested for a trading halt pending the release of an announcement.

Nov 15, 2017

By Aastha Agnihotri

India's Fortis proposes to buy RHT Health Trust for S$966 mln; shares jump 12%

Singapore-listed health care company RHT Health Trust on Wednesday said India's Fortis Healthcare proposed to buy the entire asset portfolio of the firm for 46.5 billion Indian rupees (S$965.95 million).

Nov 15, 2017

By Aastha Agnihotri

Noble Group in talks with "various stakeholders" to address financial woes

Noble Group on Wednesday said it was in preliminary talks with "various stakeholders" to address the company's deteriorating financial position.

Nov 15, 2017

By Aastha Agnihotri

Cosco Shipping appoints Wang Kang Tian as CFO

Cosco Shipping, a provider of ship building and marine engineering services, on Tuesday appointed Wang Kang Tian as the chief financial offer, effective immediately.

Nov 14, 2017

By Aastha Agnihotri

Singtel initiates sale of Singapore's Hill Street property

Real estate services and investment firm CBRE on Tuesday announced the launch of the public tender of Singapore Telecommunications' Hill Street property in Singapore.

Nov 14, 2017

By Aastha Agnihotri

Cosco Shipping hits all-time high of S$0.61, volumes soar

Shares in Cosco Shipping, a provider of ship building and marine engineering services, jumped as much as 11 percent to a record high of S$0.61 on Tuesday in a weak broader market.

Nov 14, 2017

By Aastha Agnihotri

MoneyMax to buy pawn broking businesses worth S$18.3 mln in Malaysia

MoneyMax Financial on Tuesday said its unit Cash Online would acquire stakes in 13 entities that carry out pawn broking business in Malaysia for RM56.6 million (S$18.3 million).

Nov 14, 2017

By Aastha Agnihotri

Golden Agri Sept-qtr profit plunges 71% on tax woes, forex losses

Golden Agri-Resources, a producer of crude palm oil and palm kernel, on Tuesday reported a 71 percent slump in third-quarter profit due to the recognition of deferred tax income in the previous period.

Nov 14, 2017

By Aastha Agnihotri

Noble includes distribution unit in U.S. oil business sale to Vitol

Noble Group on Tuesday said it has amended its agreement to sell its U.S.-focused oil liquids business Noble Americas Corp (NAC) to rival Vitol Group.

Nov 14, 2017

By Aastha Agnihotri