S i2i posts more than fourfold decline in 3Q earnings

SINGAPORE (Oct 30): S i2i, the telecom and IT service provider formerly known as Spice i2i, saw 3Q ended Sept earnings decline more than fourfold to $114,000 from $464,000 in 3Q16 on higher overheads and lower other operating income.

Turnover for the quarter grew 14% to $90 million from $78.9 million a year ago as distribution of operator products and services in Indonesia continued to grow during 3Q17, together with revenue from ICT distribution and managed services.

Singapore employment growth shrinks 1% y-o-y in April: Monster

SINGAPORE (May 31): Singapore has registered negative employment growth of 1% on-year on the Monster Employment Index (MEI) for the month of April, according to the latest MEI data released by Monster Worldwide.

The MEI is a monthly gauge of online job posting activity from a range of career and websites and online job listings across Singapore, Malaysia and the Philippines, and serves as an aggregate measure of the change in job listings across the industry.

Neratel announces new contract wins worth $7.15 mil

SINGAPORE (April 24): Nera Telecommunciations (Neratel) has received contracts of approximately $7.15 million in aggregate in relation to the supply, delivery, installation and maintenance of security application equipment to a telecom operator in the Philippines.

In its Monday aftermarket filing to the SGX, the telecom and IT solutions provider says it does not expect the contracts to have a significant impact on its results for the current financial year.

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