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Profit gain in Singapore bunkers may jump 24%: energy markets

February 1st, 2011 | No Comments

The profit traders can get from selling shipping fuel in Singapore, the world’s second-busiest container port, may rise 24% in 2011 after the worst slump in at least two years, a Bloomberg News survey showed.

Sellers of 380-centistoke fuel oil, or bunkers, will receive an average US$4.20 ($5.37) a metric ton more than what they pay for the cargoes in Singapore this year, according to the median estimate in a survey of six traders conducted Jan. 24-27. The difference, known as the bunkers premium, shrank to an average US$3.40 a ton last year from US$5.92 in 2009 and $12.14 in 2008, according to data compiled by Bloomberg.

Cosco Corp may gain if parent injects assets – DBS Vickers

January 20th, 2011 | No Comments

Cosco Corp. (F83.SG) may gain if parent Cosco Group transfers its stake in two shipbuilding operations to the Singapore-listed company, DBS Vickers says in a report.

The possibility of the parent injecting its stakes — 19% of Cosco Shipyard Group and all of Cosco Shipbuilding Industry, which owns two shipbuilding yards in Nantong and Dalian — could add 20% to Cosco Corp.’s bottomline, DBS Vickers says in a report Wednesday.

Singapore exports to gain on global recovery-action

January 17th, 2011 | No Comments

Singapore’s December non-oil exports are broadly in line with consensus, with the strong rebound from the previous month signaling continued robust growth, says David Cohen of Action Economics after government data show seasonally-adjusted exports up 8.9% on-month after falling 13% on-month in November.

Lippo Karawaci makes 195b rupiah gain from asset sales

January 6th, 2011 | No Comments

PT Lippo Karawaci posted an extraordinary gain of 195 billion rupiah ($28 million) from selling two hospitals to First Real Estate Investment Trust for US$160 million ($206.7 million), the Indonesian property developer said in a statement to the stock exchange dated yesterday.

First REIT is a Singapore-based real estate investment trust that is run by a fund management owned by Lippo and Bowsprit Capital Corp., the company said.

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Drinking tea may prevent weight gain caused by junk foods

December 18th, 2010 | No Comments

Want to shed those extra pounds but still eat your favourite junk foods? Well, drinking tea could be the solution. Researchers at Kobe University, Japan found that regular consumption of tea also suppressed damaging changes in the blood linked to fatty foods that can lead to type 2 diabetes, reports the Daily Mail. In the [...]

Regular exercise may prevent middle-age weight gain

December 15th, 2010 | No Comments

A new study has revealed that young adults, particularly women, who maintained high levels of moderate and vigorous activity over a period of 20 years experienced smaller gains in weight and waist circumference during the transition from young adulthood to middle age, compared to individuals with lower activity levels. Arlene L. Hankinson, of the Feinberg [...]

Storage Software Market Sees Healthy Gain in Q3

December 7th, 2010 | No Comments

The market brought in revenues of $3.1 billion, which also amounted to a 6.3 percent increase from the second quarter in 2010. – The worldwide storage software market showed another healthy gain in
the third quarter of 2010, with 8.7 percent growth over the same period
a year ago, researcher IDC reported Dec. 7.

The researcher in its Worldwide Quarterly Storage Software Tracker said
the market brought in revenues of $3….

Keppel Land +1%; DBS Vickers tweaks FY10 view on MBFC gain

December 6th, 2010 | No Comments

Keppel Land (K17.SG) +1.0% at $4.85, roughly in-line with broad market gain (STI +0.9%) with relatively thin volume of 1.2 million shares; suggests upwardly revised net gain from sale of stake in MBFC 1 to K-REIT (K71U.SG) — due to favorable advance tax ruling — not doing much to generate excitement.

DBS Vickers, which has Buy rating, $4.96 target, notes firm expected to realise net gain of $394 million compared to $321 million reported earlier.

CAG should gain expertise in reviewing PPP projects, says President Patil

November 17th, 2010 | No Comments

President Pratibha Devisingh Patil has asked the government auditor to gain expertise in reviewing infrastructure sector projects being implemented under the PPP mode. Her comment came on the sidelines of debate over allowing CAG to audit Public-Private-Partnership (PPP) projects. President Patil also emphasised that public financial accountability and probity were essential for rooting out corruption. [...]

PC Microprocessor Unit Shipments, Revenues Post Modest Q3 Gain: Report

November 11th, 2010 | No Comments

Worldwide PC microprocessor unit shipments and revenues rose modestly in the third quarter, according to IDC. – Worldwide PC microprocessor unit shipments and revenues in the third calendar quarter of 2010 (3Q10) increased 2.1 percent and 2.5 percent respectively, compared to 2Q10, according to the latest PC processor study from IT research firm International Data Corporation (IDC). Compared to 3Q09, worldwid…

Petra Foods posts 110% gain in 3Q net profit to $13.3m

November 11th, 2010 | No Comments

Petra Foods, one of the world’s major manufacturers and suppliers of cocoa ingredients, says net profit attributable to shareholders in the third quarter ended 30 September 2010 (3Q 2010) rose 109.9% to US$10.3 million ($13.3 million) on the back of a 33.8% increase in sales to US$433.1 million.

This was boosted by higher sales volume, higher unit pricing and higher margins achieved by both its Cocoa Ingredients and Branded Consumer divisions. EBITDA improved 56.5% to US$27.7 million in the same period.

Neptune Orient shares gain after profit beats analyst estimates

October 20th, 2010 | No Comments

Neptune Orient Lines, owner of Asia’s second-largest container company by capacity, gained the most two weeks in Singapore trading as higher freight rates and increased trade helped it report better-than-expected profit.

Neptune Orient rose 2.4%, set for the biggest advance since Oct. 6, to $2.11 as of 9:33 a.m. in Singapore. The stock was the best performer on the Straits Times Index.

Singapore retail sales excluding cars gain most in three months

October 15th, 2010 | No Comments

Singapore’s retail sales excluding motor vehicles rose at the fastest pace in three months, a sign that consumer spending is holding up even as easing demand for the nation’s drugs and electronics hurt growth last quarter.

The index measuring purchases excluding automobiles climbed 6.2% from a year earlier in August, after gaining 6% in July, the Statistics Department said today. Including vehicles, which are sold subject to government caps, total retail sales fell 1.2 percent, less than the median forecast for a 5.3% decline in a Bloomberg News survey of 8 economists.

ECS Holdings may gain; seeks to list TDRs

October 13th, 2010 | No Comments

ECS Holdings (E18.SG) may gain on prospect of greater investor interest as supplier of IT services, hardware seeks presence in Taiwan Stock Exchange by issuing TDRs, following footsteps of increasing number of SGX-listed companies, says Dow Jones.

Number of new shares to be issued capped at 20% of existing share capital. With Taiwan home to many tech companies, ECS could benefit in terms of trading liquidity.

Cosco, Yangzijiang, JES may gain on US$5b China fund

October 4th, 2010 | No Comments

Singapore-listed Chinese shipbuilders may get boost as China unveils US$5 billion ($6.6 billion) fund to help Greek shipping companies buy Chinese vessels, says Dow Jones.

Move announced over weekend by Chinese Premier Wen Jiabao, deemed particularly beneficial for Cosco (F83.SG), Yangzijiang (BS6.SG), JES International (EG0.SG) as contracts from Greece, Europe make up significant part of their orderbooks.

STI may gain; Hongkong listing plays may be in focus

September 30th, 2010 | No Comments

Singapore shares may still end higher on final day of September, despite Wall Street’s modest pullback, with prices propped up by last-minute window dressing as 3Q10 winds down, says Dow Jones.

Still, developers with China exposure may fall given Beijing’s new measures to curb property prices. Immediate resistance for STI, which closed +0.3% at 3,106.03 yesterday, at year-to-date high of 3,125, then 3,146 (higher end of breakdown gap formed in June 2008), with support at last week’s 3,069 low.

UOL remains top pick among developers likely to gain from land swap deal: Nomura

September 23rd, 2010 | No Comments

Developers with assets in the Marina Bay, Rochor and Tanjong Pagar areas like Keppel Land and UOL Group should continue to capture investor interest as more details about the Singapore-Malaysia historical land swap agreement emerge, says Nomura Singapore in a residential property report dated Sept 21.

On Sept 20, Singapore and Malaysia finalised an agreement to swap six land parcels in Singapore’s Marina Bay and Rochor districts for six sites in Singapore that are currently occupied by the KTM railway link between Singapore and Malaysia. The land parcels in Marina Bay and Rochor will be jointly developed by Malaysia and Singapore in a 60:40 JV.

Las Vegas Joomla Web Development – Hire Joomla Website Developer to Gain Edge Posted By : Abhimanyu Sharma

September 18th, 2010 | No Comments

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STI may gain; Valuations support re-rating: DBS

September 16th, 2010 | No Comments

Singapore shares may open higher given positive cue from Wall Street overnight, but intraday pullback can’t be ruled out with prices already at new 2010 highs, according to Dow Jones.

Resistance for STI, which closed +0.7% at 3,071.03 yesterday, at 3,100 (last breached in June 2008). Index +4.1% since beginning September.

“The STI is now at a new 52-week high. Expect some profit-taking either today or Friday,” says a dealer at local brokerage; tips support at 3,050.

What Makes a Unique Cable TV Package Gain Customer’s Attention? Posted By : Paddy Chang

September 14th, 2010 | No Comments

Live Internet TV | Online TV technology allows you to watch over 4,500 HD channels right on your PC.

Posts Tagged ‘gain’

Profit gain in Singapore bunkers may jump 24%: energy markets

Cosco Corp may gain if parent injects assets – DBS Vickers

Singapore exports to gain on global recovery-action

Lippo Karawaci makes 195b rupiah gain from asset sales

Drinking tea may prevent weight gain caused by junk foods

Regular exercise may prevent middle-age weight gain

Storage Software Market Sees Healthy Gain in Q3

Keppel Land +1%; DBS Vickers tweaks FY10 view on MBFC gain

CAG should gain expertise in reviewing PPP projects, says President Patil

PC Microprocessor Unit Shipments, Revenues Post Modest Q3 Gain: Report

Petra Foods posts 110% gain in 3Q net profit to $13.3m

Neptune Orient shares gain after profit beats analyst estimates

Singapore retail sales excluding cars gain most in three months

Cosco, Yangzijiang, JES may gain on US$5b China fund

STI may gain; Hongkong listing plays may be in focus

UOL remains top pick among developers likely to gain from land swap deal: Nomura

Las Vegas Joomla Web Development – Hire Joomla Website Developer to Gain Edge Posted By : Abhimanyu Sharma

STI may gain; Valuations support re-rating: DBS

What Makes a Unique Cable TV Package Gain Customer’s Attention? Posted By : Paddy Chang

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