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Oceanus reverses losses to earnings of $1.9 mil for 3Q on higher revenue - THE EDGE SINGAPORE

Results

Oceanus reverses losses to earnings of $1.9 mil for 3Q on higher revenue

Earnings for the 9MFY2020 stood at RMB4.7 million from the RMB4.5 million loss reported in 9MFY2019.

Singapore economy

Expect Singapore's 3Q GDP growth to be at its strongest this year: DBS

SINGAPORE (Nov 20): DBS is forecasting for Singapore’s 3Q17 gross domestic product (GDP) growth to be raised to 5.1% and 8.5% on a y-o-y and q-o-q seasonally annually adjusted rate (saar), respectively – up from the Ministry of Trade and Industry’s

Singapore economy

Singapore's domestic economy to see gradual turnaround in 2018: HSBC

SINGAPORE (Sept 29): HSBC Global Research foresees a gradual improvement in Singapore’s domestic economy after the Monetary Authority of Singapore’s (MAS) April 2018 meeting, which is expected to result in a policy shift.

Commentary

Singapore: Bouncing back to health?

SINGAPORE (May 8): After a long period of generally desultory performance, the Singapore economy is stirring. Economic growth has picked up, exports are reviving and even the property sector seems to be improving. Yet, other indicators are less exciting,
Yen

Global Markets

Japan core machinery orders fall as demand uncertainty sets in

TOKYO (Jan 16): Japan's core machinery orders fell in November at the fastest pace in seven months in a sign that some companies may be turning cautious about capital expenditure because of uncertainty over domestic and overseas demand for goods and s

In print this week

The going's getting tougher for more STI companies

SINGAPORE (Oct 21): The global economic weakness has already hit many of the large and diversified companies that make up the Straits Times Index.

China Focus

Policy easing unlikely for China

SINGAPORE (Oct 19): China’s 3Q16 gross domestic product report released on Wednesday showed that growth in the country had risen just 6.7% year on year, during the year.

In print this week

All eyes on China, the crux of world growth

SINGAPORE (Sept 23): Once a manufacturing powerhouse for low-quality goods, Shanghai is fast embracing a new norm in which fast-food bills and taxi fares are settled with a mere tap of the mobile phone, and everything from the week’s groceries to the la

Singapore sees highest second quarter layoffs since 2009

SINGAPORE (Sept 15): Employment growth in Singapore remained low in the first half of 2016 while unemployment and redundancies have risen, says the Ministry of Manpower (MOM), which expects total workforce growth ahead to remain moderated given demographi

Robust outlook for Singapore’s healthcare sector

SINGAPORE (July 20): KGI Fraser Securities believes Singapore’s healthcare sector will continue to outperform the general market, but advises investors to wait for price pullbacks before accumulating the stocks.
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