21 Feb '11, 11pm

Rise in Maybank's S'pore pre-tax profit in first half: Total revenue increased by 5.1 per cent to RM6.44 billion...

Maybank yesterday said its Singapore operations registered a pre-tax profit rise of 15.7 per cent to S$197.5 million in the first half of the financial year ended December, aided by strong loans growth. Revenue grew 8.3 per cent year-on-year to S$330.4 million. Malaysia's biggest lender by assets said Singapore's strong economic growth accelerated lending here, with its Singapore loans growing 17.8 per cent. Overall, the group's Indonesian operations continued to lead in loans growth with a robust 27.3 per cent annualised increase, followed by Maybank Islamic at 23.5 per cent. At the group level, Maybank saw net profit rise 14.8 per cent to RM2.15 billion (S$904 million) for the July-December period. Total revenue increased by 5.1 per cent to RM6.44 billion, driven by higher revenues across almost all business segments, as well as significantly lower allowance for losses o...

Full article: http://www.todayonline.com/Business/Businessinbrief/EDC11...

Tweets

Maybank Singapore's H1 profit rises 15.7%

channelnewsasia.com 21 Feb '11, 12pm

SINGAPORE : Maybank Singapore has said its first-half profit before tax rose 15.7 per cent to S$197.5 million for the peri...

RWS revenue, profits rise in Q4 (via ST iPhone ...

straitstimes.com 23 Feb '11, 3am

Genting Singapore on Tuesday said Resorts World Sentosa (RWS) raked in $775.2 million in revenue in the three months to De...

The business of learning: Under the auspices of...

todayonline.com 21 Feb '11, 11pm

THE list of international business schools with campuses in Singapore is growing. Alongside brand-name schools such as the...

'Business as usual' at Borders S'pore

straitstimes.com 22 Feb '11, 12am

IT IS officially business as usual for Borders Singapore even though its Australian parent company has gone bust. While de...

CapitaLand full year net profit up 21% on-year

channelnewsasia.com 22 Feb '11, 5am

SINGAPORE: Property developer CapitaLand achieved net profit of S$1.27 billion for the full year ended December 31, a 21 p...

Online scams on the rise in Singapore

Online scams on the rise in Singapore

straitstimes.com 20 Feb '11, 2am

Deal with people you can meet face to face. Never wire funds via money transfer agencies such as Western Union or MoneyGra...

Perennial China Retail Trust To Raise S$1.1 bil...

todayonline.com 24 Feb '11, 4pm

SINGAPORE -Perennial China Retail Trust, a unit of property investment firm Perennial Real Estate, on Thursday said that i...

Yahoo! set to compete with Facebook, Foursquare and others with Koprol for Business

Yahoo! set to compete with Facebook, Foursquare...

e27.sg 18 Feb '11, 1am

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Gre...

Good news for those heading overseas: Singapore...

todayonline.com 03 Mar '11, 10pm

SINGAPORE - The Singapore dollar rose to a new record of S$1.2678 against the US dollar yesterday before retreating slight...

DBS profit up 28% to $2.65b: Net interest incom...

todayonline.com 11 Feb '11, 10pm

SINGAPORE - South-east Asia's largest lender, DBS Group, said on Friday net profit for 2010 grew 28 per cent to $2.65 bill...

TODAYonline | Business | Delivering an infant b...

todayonline.com 13 Feb '11, 6am

So you have an idea for a business - one that you believe has the potential to alter the industry. You have put together a...

Gold prices will rise in 2011 on surging demand...

todayonline.com 17 Feb '11, 10pm

SINGAPORE - Gold prices are expected to get a further boost this year after hitting a 10-year high last year, the World Go...