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Singapore banks likely to post record earnings for full year 2018THE three Singapore banks are expected to announce record full year 2018 earnings in their upcoming Q4 results with modest loans growth amid higher margins. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Insurance new business premiums up a modest 3% in 2018MARKET uncertainty and volatility took a toll on insurance sales in the fourth quarter of 2018. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sevak Q4 earnings drop 32.9% to S$280,000IT solution company Sevak, which has been on the Singapore Exchange's (SGX) watch list since March 4, 2015, has seen a 32.9 per cent drop in net profit for the fourth quarter ending Dec 31, 2018 to S$280,000 from the year-ago period's S$417,000. Earnings per share (EPS) was at 2.28 Singapore cents for the quarter, down from 3.13 cents the year before. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Shares edge up as earnings growth expectations stabilise[LONDON] European shares edged up on Wednesday as optimism towards Washington and Beijing trade talks lifted global markets and data showed earnings growth forecasts for Europe were no longer falling for the fourth quarter after steep downward revisions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Raise earnings of low-wage workers to fight high cost of living – SG economistsWhile the general prices of goods and services rise at a docile tempo, many Singaporeans are still feeling the squeeze due to prickly increases in three major areas – healthcare, food, and education.
Source: IndependentSG - 🏆 2. / 72 Read more »