china

Keppel O&M delivers second LNG carrier to Avenir LNG - THE EDGE SINGAPORE

Offshore & Marine

Keppel O&M delivers second LNG carrier to Avenir LNG

Keppel Offshore & Marine (Keppel O&M) has delivered its second newbuild liquefied natural gas (LNG) carrier, the Avenir Accolade.

CapitaLand generates $1.53 bil in cash flow despite headline loss - THE EDGE SINGAPORE

Company in the news

CapitaLand generates $1.53 bil in cash flow despite headline loss

CapitaLand made a headline loss of $1.57 billion in FY2020 ended Dec 31, 2020. However, Andrew Lim, CFO at CapitaLand, is not overly worried.

Yanlord reports 2HFY2020 earnings of RMB2.1 bil, maintains dividend at 6.8 cents per share  - THE EDGE SINGAPORE

Results

Yanlord reports 2HFY2020 earnings of RMB2.1 bil, maintains dividend at 6.8 cents per share

Yanlord Land Group has reported 2HFY2020 earnings of RMB2.1 billion, down 3% y-o-y. Revenue in the same period was up 35% y-o-y to RMB14.8 billion.

Sunningdale reports FY20 earnings of $31.5 mil - THE EDGE SINGAPORE

Results

Sunningdale reports FY20 earnings of $31.5 mil

Sunningdale Tech has, for the FY2020 ended December, posted earnings of $31.5 million, almost four times higher than earnings of $8.0 million for the FY2019.

CapitaLand incurs FY2020 losses of $1.57 bil, to pay dividend of 9 cents - THE EDGE SINGAPORE

Results

CapitaLand incurs FY2020 losses of $1.57 bil, to pay dividend of 9 cents

CapitaLand has reported a net loss of $1.57 billion for FY2020 - its largest ever - as it wrote down some $2.5 billion in value of its investment properties, projects, and equity investments impact

Fu Yu Corp sees 24.7% growth in 2H20 earnings of $9.5 mil - THE EDGE SINGAPORE

Results

Fu Yu Corp sees 24.7% growth in 2H20 earnings of $9.5 mil

Fu Yu Corporation reported 2HFY2020 earnings of $9.5 million, 24.7% higher than earnings of $7.6 million a year ago.

 Deglobalisation and digitalisation: two trends impacting China’s economy - THE EDGE SINGAPORE

Economic outlook 2021

Deglobalisation and digitalisation: two trends impacting China’s economy

2021 is the year of the Ox and it is said that those born this year are generally reliable and trustworthy although they can expect to face obstacles early on.

OIL & GAS

Beijing’s coldest spell since 1966 is spurring energy prices

A cold blast across China that’s brought temperatures in Beijing to the lowest since 1966 is wreaking havoc on energy markets, creating record power demand and sending coal and gas prices soaring.

Singapore can look forward to a better year ahead - THE EDGE SINGAPORE

Singapore economy

Singapore can look forward to a better year ahead

It has been an eventful and trying year for Singaporeans. The Covid-19 pandemic inflicted a shocking shutdown of the economy for several weeks which no one had expected.

Singapore's aggregate exports will weaken in 1H2021: RHB - THE EDGE SINGAPORE

Broker's Calls

Singapore's aggregate exports will weaken in 1H2021: RHB

The current weakness in Singapore’s exports is likely to extend into the first half of 2021, following a weakening of global demand over the same period says RHB’s Singapore research team in a repo

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