Costs

Extreme cyberattack could cost $73 bil globally, says Lloyd’s

SINGAPORE (July 17): Recent research conducted by Lloyd’s and Cyence showed that a major global cyberattack, which involves a malicious hack that takes down a cloud service provider, has the potential to trigger up to US$53 billion ($72.6 billion) worth

Singapore businesses brace for higher costs

SINGAPORE (April 19): Businesses in Singapore are bracing for higher costs in a country that’s already among the world’s most expensive to live in.

Results

The Hour Glass posts 8% decline in 3Q earnings to $13.4 mil on higher costs

SINGAPORE (Feb 9): Luxury watch retailer The Hour Glass saw its earnings fall by 8% to $13.4 million for the third quarter ended 31 Dec, mainly due to higher costs.

Be prepared to pay more for water this year, says Masagos

SINGAPORE (Feb 8): Water costs are likely to see a hike this year after 17 years of constant pricing, said Singapore’s Minister for the Environment and Water Resources, Masagos Zulkifli, during a visit to Tuas Desalination Plant 3 on Tuesday.

Results

Declout reports 3Q losses of $3.3 mil on Procurri IPO costs

SINGAPORE (Nov 10): Declout reported a $3.3 million loss for 3Q16 driven mainly by Procurri’s listing expenses of $2.2 million. Excluding the one-time Procurri expenses, 3Q16 losses would be at $1.1 million due to operating losses from subsidiaries. 
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