Posts by Liam Redmond
SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops
SINGAPORE Land Group (SingLand) reported a net profit of S$180.5 million in the second half ended Dec 31, up 76 per cent from S$102.4 million in the year ago period. Revenue rose 9 per cent to S$390.5 million in H2 from S$358.7 million in the year before. Earnings per share, excluding fair-value gains on investment…
Read MoreActress Natasha Lyonne clarifies remarks after saying 12-year-olds should be able to get abortions
Actress Natasha Lyonne clarified her remarks in a recent post on X after saying 12-year-olds should be able to get abortions. “When I think of the kids or like the 12-year-old girl that can’t get an abortion or something or you know it’s that that’s what really like rips me apart,” Lyonne said in an interview at the…
Read MoreAztech Global H2 profit falls to S$23.9 million on lower sales but group doubles dividend
DESPITE its profit dropping from S$57.1 million to S$23.9 million in the second half of 2024, Aztech Global almost doubled its dividend for the full year ended Dec 31. The Internet of Things device manufacturer said on Tuesday (Feb 25) that it was rewarding shareholders after accumulating a cash reserve of S$311.3 million due to…
Read MoreBusiness Insurance Secrets Revealed
Running a business is no small feat, and protecting it with the right insurance is just as important as managing daily operations. Business insurance can feel like a maze with all the options, terms, and fine print. But understanding the basics can save you from headaches down the road. This article breaks down the essentials,…
Read MoreDBA Drama: Adding a New Name to Your Business
Thinking about adding a new name to your business? That’s where DBA registration comes in. A DBA, or “Doing Business As,” lets you operate under a different name without creating a whole new business entity. It’s a handy way to build your brand and connect with customers, but the process can be a bit tricky…
Read MoreSingapore shares in the red as regional indices fall; STI retreats 0.3%
Losers beat winners 326 to 234, as 1.6 billion securities worth S$1.8 billion change hands SINGAPORE equities closed Tuesday (Feb 25) in the red, tracking regional losses. The benchmark Straits Times Index fell 0.3 per cent or 11.88 points to 3,915.87. On the local bourse, decliners beat gainers 326 to 234, as 1.6 billion securities…
Read MoreChina raises scrutiny of outflows via Hong Kong listings, foreign deals
CHINA is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after record capital outflows put pressure on the yuan. Authorities have recently informed China-incorporated firms seeking initial public offerings or second share sales in Hong Kong to…
Read MoreNorth Carolina 16-year-old breaks down, cries for ‘mama,’ after being charged as adult for murder under new state law
A North Carolina teen was brought to tears, screaming in disbelief, and needed to be held up by court officers after he was told by a judge he would be charged as an adult for murder. Sean Simpson, 16, was charged with first-degree murder last month for allegedly shooting Zaquavious Dawkins, also 16, on Jan. 26…
Read MoreOCBC, UOB poised to gain most from JS-SEZ; DBS could seek to expand Malaysia footprint: analysts
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio of local banks, OCBC and UOB are expected to stand to gain the most from the Johor-Singapore Special Economic Zone (JS-SEZ) as facilitators of investment and trade, given their sizeable operations…
Read More‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; DBS, Maybank upgrade to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s China operations. This comes as Raffles Medical on Monday (Feb 24) posted a 4.3 per cent year-on-year rise in its net profit to S$31.6 million for…
Read More‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s China operations. This comes as Raffles Medical on Monday (Feb 24) posted a 4.3 per cent year-on-year rise in its net profit to S$31.6 million for…
Read MoreMSNBC host Rachel Maddow rips own network for axing Joy Reid’s show and other ‘non-white’ hosts’ programs
MSNBC host Rachel Maddow eviscerated her own network Monday night for dumping left-wing firebrand Joy Reid and canceling the shows of other hosts who aren’t white in a major cable shakeup. Maddow, during her eponymous show, called Reid’s ouster a “bad mistake” as she also stood up for behind-the-scenes staff across the network who are…
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