• 17
    Aug

    Scoot to make European debut next June with Athens flight

    The Business Times by NISHA RAMCHANDANI

    Singapore SINGAPORE Airlines (SIA) is capitalising on its long-haul budget carrier to fend off lower-priced rivals and drive traffic through the Singapore hub. Scoot - which flies the latest Boeing 787s - will launch flights to Europe starting with… More

  • 02
    Aug

    SATS to raise daily meal production without adding staff

    The Business Times by SOON WEILUN

    Singapore IN-FLIGHT catering provider SATS aims to feed the increasing number of passengers passing through Singapore's Changi Airport by upping its food production capacity by 15 per cent - without the need to add more staff to its payroll. This is… More

  • 29
    Jul

    Boost for SIA from better operating profit, divestment gain

    The Business Times by SOON WEILUN

    Singapore SINGAPORE Airlines (SIA) posted a near trebling in first-quarter earnings, with the boost coming from better operational performance and a divestment gain. For the three months ended June 30, net profit leapt 181.4 per cent to S$256.6 million… More

  • 29
    Jul

    China Aviation Oil's Q2 profit rises 32.8%

    The Business Times by CLAIRE HUANG

    Singapore HIGHER trading gains, greater supply and trading volumes, as well as a jump in share of profits from associates and joint venture, helped China Aviation Oil's (CAO) second-quarter net profit soar 32.8 per cent to US$23.6 million. Earnings… More

  • 29
    Jul

    Quarterly profits soar at SIA on cheaper fuel, one-off gain

    The Straits Times by WONG SIEW YING

    Lower fuel prices, a better operational performance and one-time gains sent quarterly earnings soaring at the Singapore Airlines (SIA) group. Overall net profit leapt from $91.2 million last year to $256.6 million, up 181.4 per cent, thanks partly to… More

  • 26
    Jul

    Mapletree Logistics' Q1 DPU stays at 1.85 cents

    The Business Times by KENNETH LIM

    Singapore MAPLETREE Logistics Trust's (MLT) first-quarter total return attributable to unitholders dropped 57.9 per cent to S$21.5 million in its fiscal first quarter on a loss in the fair value of financial hedging instruments. But the Asia-focused… More

  • 22
    Jul

    SATS Q1 earnings up 29% on one-time disposal gain

    The Business Times by ANDREA SOH

    Singapore EARNINGS for airport ground handling firm SATS grew 29.2 per cent in the first quarter, boosted by a one-time gain from the sale of property. The firm recorded net profit of S$64.1 million for the three months ended June 30, up from S$49.6… More

  • 20
    Jul

    Wong Fong Industries launches IPO on Catalist board

    The Business Times by RENALD YEO

    Singapore AS part of efforts to expand and diversify its business, Wong Fong Industries has launched its initial public offering (IPO) on the Catalist board. Registering its prospectus on Tuesday, the homegrown land transportation engineering systems… More

  • 15
    Jul

    SingPost to name new CEO by end of the year

    The Straits Times by MARISSA LEE

    Singapore Post expects to name a new chief executive at the end of the year, but the postal group was looking to a CEO with a "different profile" from that of Dr Wolfgang Baier - who quit last December - in its next phase of growth anyway, chairman… More

  • 12
    Jul

    BOC Aviation region's 2nd biggest cross-border IPO in H1

    The Business Times by GLADYS YEO

    Singapore THE initial public offering (IPO) of Singapore-based BOC Aviation Ltd, a member of Bank of China Group, is the second-largest cross-border listing in the Asia Pacific in the first half of this year. BOC Aviation raised some US$1.13 billion… More