Culture
Thai Beverage 9-month Ebitda falls 4% to 45 billion baht
Thai Beverage (ThaiBev) posted a 4 per cent drop in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 45 billion…
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Culture
Culture
Straits Trading reports H1 loss of S$40.8 million
The Straits Trading Company recorded a net loss of S$40.8 million for the first half of 2025, reversing from a net profit of S$5.2 million…
Culture
Dezign Format to debut on Catalist on Aug 15 after S$6.5 million IPO
Dezign Format will begin trading on the Singapore Exchange’s (SGX) Catalist board when the market opens at 9am on Friday (Aug 15),…
Culture
Hotel Properties is back in the black with S$11.4 million H1 profit
Earnings per share for the period was S$0.0134, up from a loss per share of S$0.0162 in the year before Hotel Properties (HPL), which is…
Culture
VinFast to spin off R&D assets in 39.8 trillion dong deal with founder
The newly-formed company, Novatech Research and Development, will be carved out from VinFast Trading and Production (VFTP) and will…
Culture
OUE back in the black with H1 net profit of S$35.6 million
OUE recorded a net profit of S$35.6 million for the first half of 2025, reversing from the S$96.1 million loss in the year-ago period. The…
Culture
Foxconn sees robust AI demand continuing after Q2 profit tops forecast
Foxconn expects higher third-quarter revenue, it said on Thursday (Aug 14), on robust demand for artificial intelligence servers, which…
Culture
Frencken posts 9.9% rise in H1 profit to S$19.9 million
Semiconductor player Frencken on Thursday (Aug 14) reported a 9.9 per cent increase in profit to S$19.9 million for the first six months…
Culture
Golden Agri-Resources’ H1 net profit rises 56.5% to US$160.3 million
Golden Agri-Resources recorded a net profit of US$160.3 million for the first half of 2025, a 56.5 per cent jump from the year-ago period,…
Culture
Singapore stocks close lower on Thursday, tracking regional losses; STI down 0.4%
Most stocks on the local bourse declined on Thursday (Aug 14), mirroring losses in regional markets, as investors anticipate a potential…
Culture
Great Eastern to resume trading on Aug 21 as bonus issue lifts free float to above 10%
Great Eastern Holdings (GEH) is set to resume trading on the Singapore Exchange (SGX) on Aug 21, as a proposed bonus share issue will lift…
Culture
Dentsu plans to cut about 3,400 overseas jobs to trim cost
The reduction, focused on headquarters and back-office functions in markets outside of Japan Japanese advertising company Dentsu Group…
Culture
CK Hutchison sees ‘reasonable chance’ of US$22.8 billion ports sale going through
CK Hutchison said on Thursday (Aug 14) its US$22.8 billion ports business sale had a “reasonable chance” of going through after a plan to…
Culture
Improved KrisFlyer redemption scheme for Scoot is “win-win” for SIA group: analysts
A new scheme to boost KrisFlyer redemption on budget airline Scoot would deliver benefits across the Singapore Airlines (SIA) Group,…
Culture
Jollibee posts record sales as China business recovers
Top Philippine restaurant operator says net income rises 5.6% to 3.2 billion pesos in April-to-June quarter Top Philippine restaurant…
Culture
China Aviation Oil H1 profit rises 18% to US$50 million on higher gross profit and associates’ share of results
Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…
Culture
Carlsberg misses first-half forecasts, warns of difficult year
It raised its full-year profit guidance, breaking with those rivals who opted to keep their forecasts unchanged Carlsberg missed half-year…
Culture
Tencent’s AI restraint shows risk of Alibaba, JD food war
China’s biggest tech companies are bouncing back after years on the ropes with outsized ambitions to dominate in everything from robots…
Culture
Sime Darby seeks loan to build Malaysian data centre for Google
The AI frenzy has fuelled demand for funding the centres in Asia, resulting in a series of record-breaking loans for operators Malaysian…
Culture
Geely profit beats estimates amid reshuffle, sector scrutiny
Geely Automobile Holdings’ first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider…
Culture
Latest Singapore six-month T-bill cut-off yield declines to 1.59%
Auction receives S$17.9 billion in applications for the S$7.5 billion on offer, representing a bid-to-cover ratio of 2.39 The cut-off…
Culture
How Nippon Paint tycoon Goh Cheng Liang grew his empire to a US$13 billion fortune
Singapore’s richest man Goh Cheng Liang, who died this week, kept a low profile for years compared with his other billionaire…
Culture
Trump’s pay-for-play chips deal generates alarm and optimism
US President Donald Trump’s controversial plan to take a cut of revenue from chip sales to China is leading to concerns that the US…
Culture
South Korea to announce plan to restructure petrochemical sector facing ‘grave’ situation
South Korea’s government will announce a plan this month to restructure the country’s petrochemical sector, which is in a “grave”…