production

Contracts

Nico Steel announces monthly order wins totalling 22 tonnes from new & existing customers

SINGAPORE (Dec 3): Nico Steel Holdings says it has received new monthly orders amounting to about 22 tonnes of aluminium alloy materials per month.

Timepieces

Singapore microbrands: A brief history

If you had to list some watch brands off the top of your head, we’d bet the big names such as ‘Rolex’, ‘TAG Heuer’ and ‘Patek Philippe’ would roll off your tongue with no problem.

Broker's Calls

This small-cap O&M play is finally ready to ride an industry upcycle

SINGAPORE (Mar 22): CIMB Research is initiating coverage on Dyna-Mac Holdings (DMHL) at “add” with an 18-cent price target, which is based on 1.8 times CY18 book value, DMHL’s CY12-17 mean.

Broker's Calls

A 'significantly undervalued' stock to ride on the tech and oil & gas sectors

SINGAPORE (Mar 6): RHB is initiating coverage on GSS Energy at “buy” with a target price of 25 cents, saying the stock is significantly undervalued and an ideal proxy to the tech and oil & gas

Results

AsiaPhos swings back to black with $0.1 mil in earnings for 3Q

SINGAPORE (Nov 2): AsiaPhos has reported $0.1 million in earnings for the third quarter ended Sept, compared to a loss of $0.6 million in the same period a year ago on higher revenue.

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 r

Results

Bumitama 1Q earnings rise 21.4% to $29.3 mil on higher revenue

SINGAPORE (May 15): Bumitama Agri reported 1Q earnings of IDR 278.4 billion ($29.3 million), 21.4% higher than the same quarter a year ago.

Global Economy

The strange case of Korea and Taiwan's diverging export fortunes

SYDNEY (March 28): South Korean workers' wages are rising faster than those of regional rivals, and the power of the nation's sprawling conglomerates, or chaebols, remains unchecked, highlighting a

Oil drillers

Commodities

Oil at US$40 no problem as US drillers snub OPEC with hedges

CHICAGO/HOUSTON (March 16): OPEC’s worst enemy isn’t US shale drillers. It’s the hedges propping them up.

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