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Las Vegas Sands profits up, but misses forecasts
World Cup fever hit earnings at Las Vegas Sands Corp's Macau casinos in the second quarter but operating profit at Marina Bay Sands (MBS) here held up despite a fall in VIP gaming revenues.Chairman and...
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'Riskier' to invest in real estate in emerging markets
Political unrest is helping to make real estate investment riskier in emerging and frontier markets but there are still opportunities to be found, said a report from consultancy Cushman and Wakefield...
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Malaysian mall landlord rings up rosier Q2 results
Higher rents and refurbishment works boosted the performance of Malaysian mall landlord CapitaMalls Malaysia Trust (CMMT) in the second quarter.Distribution per unit (DPU) was 2.21 sen (S$0.01) for the...
View ArticleJohor aims to be economic powerhouse
JOHOR BARU - Johor wants to position itself as Malaysia's economic powerhouse by continuing to lure high-technology and capital-intensive investments into the state.Mentri Besar Datuk Mohamed Khaled...
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Toa Payoh 4-room flats top draw at BTO launch
SINGAPORE - Four-room units in Toa Payoh may be the priciest on offer in the latest sale of new Housing Board (HDB) flats yesterday, but they proved to be the most popular.By 5pm yesterday, the 419...
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How to gauge property agent's experience
In selecting a real estate agent, I consider four factors: Knowledge, network, experience and client service.Last week, I highlighted the fact that real estate is going digital.Therefore, in selecting...
View ArticleIndifference to calamities scary
Geopolitical risk appears to have lost its ability to shock and awe global investors for now.On Thursday, when news hit during Wall Street's trading hours of the shocking crash of Malaysia Airlines'...
View ArticleMH17 crash may be too much for MAS to bear
The shocking crash of Malaysia Airlines (MAS) Flight MH17, suspected to have been caused by a sophisticated ground-to-air missile, has Malaysian officials now pushing the airline to come up with a...
View ArticleLuxasia wants to forge tie-ups with brand owners for sustainable business
KUALA LUMPUR - Singapore-based Luxasia Group, which recorded sales of over RM772 million (S$301 million) last year, is eyeing partnership agreements with brand owners for a more sustainable business...
View ArticleNo easy fix for Proton, says CIMB Research
KUALA LUMPUR - CIMB Equities Research has advised investors to switch to its top pick, Tan Chong as it believes there is no easy fix for Proton, which it expects will continue to drag DRB-Hicom's...
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Sembcorp Marine's Sembawang Shipyard wins contract worth $600 million
SINGAPORE - Sembcorp Marine unit, Sembawang Shipyard, has won a contract worth about $600 million from French firm Saipem, which offers engineering and construction services.Get the full story from The...
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A gentler touch
CHALY Mah, chairman of the Singapore Land Authority, likes to tell this story about what used to happen whenever the land agency got calls from the public about fallen trees blocking the road during a...
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Visitor arrivals to Singapore flat in Q1 but receipts up: STB
SINGAPORE - While visitor arrivals to Singapore remained flat in the first quarter of 2014 at 3.9 million, tourism receipts edged up five per cent year on year to S$6 billion.Get the full story from...
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Playing with big bucks - with live escape game
Entrepreneur Benjamin Tan has never really had a business game plan but he seems to have landed on one that looks a winner, after many years of trying his hand at pretty much everything.His ventures...
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Singapore investors 'cautiously confident'
Retail investors here remain cautiously confident amid growing concerns about higher interest rates and a slowdown in China's economy, according to a JP Morgan Asset Management survey.The Singapore...
View ArticleRising Middle East tensions scare traders
RISING geopolitical tensions in the Middle East have unnerved investors to the point that turnover plunged yesterday to its lowest level since Boxing Day last year.Only 1.53 billion shares worth $622.2...
View ArticleS'pore banks regional expansion overrated?
DAMNED if you do and damned if you don't - Singapore banks probably feel that way when it comes to regional expansion.There is doubt that going regional will pay off, given the experience of...
View ArticleKingsmen clinches $25.2m contract for KidZania S'pore
MAINBOARD-LISTED communication design and production group Kingsmen Creatives said on Monday that its wholly owned unit, Kingsmen Exhibits, has been awarded a $25.2 million contract for KidZania...
View ArticleSemiconductor firms posed to benefit from growing demand
Due to exceedingly high orders for 8-inch and 12-inch wafers, United Microelectronics Corp. (UMC, 聯電) has raised its product prices by 5 to 15 per cent to take advantage of the product thirst in the...
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