Singapore's central bank said on Saturday (Jul 30) it is examining the extent of involvement by Goldman Sachs' local unit in bond deals for Malaysian state investor 1Malaysia Development Berhad (1MDB).
Net profit for the three months to June came in at S$257 million (US$190 million), up 182 per cent from S$91.2 million in the same period last year, the airline said in a statement.
JTC says that an above average supply of industrial space that is coming on stream will reduce business costs for industrialists.
Over the past year, the investment firm said it's taken a more defensive approach, increasing its allocation to bonds and cash at the expense of some equity exposure.
SGX's net profit fell 20 per cent to S$76.8 million in its fourth quarter to Jun 30, against S$96.2 million in the same period last year.
The Singapore Contractors Association wants to change the way recruitment and manpower retention is carried out in the construction sector, starting with an efficient and transparent database system.
The reforms will only apply to bankruptcy applications filed on Aug 1, 2016, or later, but the Insolvency Office will manage existing cases to ensure "some parity of treatment for existing bankrupts".
The benchmark STI has risen more than 3 per cent this month, with blue chip stocks leading the charge. Analysts expect the post-Brexit rebound to continue and lead the local bourse to test the 3,000-point level.
Multinational manufacturer 3M is investing S$135 million over the next two and a half years as part of its plans to expand its Tuas manufacturing plant.
The service uses the first made-in-Singapore commercial Earth observation satellite, TeLEOS-1.