Company News – Latest Companies news and Analysis IBTimes Singapore

Qantas re-routes Sydney-London flights via Singapore

Australian national carrier Qantas Airways on Thursday said it will fly from Sydney to London via Singapore instead of Dubai as the airline extends its partnership with Gulf carrier Emirates.

Aug 31, 2017

By Aastha Agnihotri

Singapore's Cosco Shipping gets shareholders nod for S$297.1 mln sale

Cosco Shipping International on Thursday said it received shareholders' approval for the 1.47 billion yuan (S$297.1 million) divestment of its loss-making yard operations.

Aug 31, 2017

By Aastha Agnihotri

SembCorp industries posts 56% drop in third quarter profits

Singapore-based Sembcorp buys India renewable energy business

Singaporean conglomerate Sembcorp Industries on Thursday said it has increased its stake in India-focused renewable energy, bringing its total ownership to 100 percent.

Aug 31, 2017

By Aastha Agnihotri

Yangzijiang Shipbuilding plunges after share placement plan

China-based Yangzijiang Shipbuilding plans to raise net proceeds of S$208.8 million via placement of 137 million new shares.

Aug 31, 2017

By Aastha Agnihotri

MTI, STB seek feedback on amendments for travel agents law

Taiwan-based SinoPac now a member of ICE Futures Singapore

The Intercontinental Exchange announced that the Taiwan-based SinoPac Futures Corporation is now an official member of the ICE Futures Singapore.

Aug 31, 2017

By Kiersnerr Gerwin Tacadena

Yongnam Holdings wins contracts worth S$70 million

Singapore-based Yongnam Holdings, a provider of engineering and construction services, on Wednesday said it secured three new contracts worth a total of S$70 million.

Aug 30, 2017

By Aastha Agnihotri

ISOTeam secures orders worth S$24.2 mln

Singapore-based building maintenance firm ISOTeam secured 15 projects worth S$24.2 million, sending its shares up as much as 3 percent.

Aug 30, 2017

By Aastha Agnihotri

Northern Trust names Ong as head of Singapore operations

Asset management company Northern Trust appointed Yen Leng Ong as country head of Singapore operations and head of South East Asia.

Aug 30, 2017

By Aastha Agnihotri

ASL Marine Q4 loss widens; shares plunge

ASL Marine Holdings reported a wider fourth-quarter loss, hurt by higher impairments, lower revenue and weak margins amidst the worsening conditions in the marine industry globally.

Aug 30, 2017

By Aastha Agnihotri

StarHub TV launches Asia's first Korean movie channel

StarHub unveils unlimited weekend data plans

Telecoms services provider StarHub on Wednesday unveiled free unlimited weekend plans for its postpaid customers.

Aug 30, 2017

By Aastha Agnihotri

Koda full-year profit surges; declares special dividend

Furniture maker Koda on Tuesday reported a near 156 percent jump in full-year net profit, powered by streamlining of its manufacturing operations coupled with the expansion of its retail brand Commune.

Aug 29, 2017

By Aastha Agnihotri

Singapore: Swiber files to wind up company, hit by oil slump

Swiber Holdings says creditors commence voluntary liquidation of unit

Singapore-based Swiber Holdings on Tuesday said the creditors have commenced the voluntary liquidation of its unit Swiber Engineering.

Aug 29, 2017

By Aastha Agnihotri

GLP reports 52% rise in Q2 net profit as China rentals rise

GLP to sell four Japanese properties for US$472 mln

Global Logistic Properties (GLP) on Tuesday said it signed an agreement to sell four Japanese properties for US$472 million, as part of its capital recycling strategy.

Aug 29, 2017

By Aastha Agnihotri

Geo Energy makes foray into Indonesian e-commerce biz

Coal miner Geo Energy Resources on Tuesday said it has formed a new subsidiary to invest in a controlling stake in an online e-commerce portal in Indonesia.

Aug 29, 2017

By Aastha Agnihotri