S’pore manufacturing, services firms upbeat about next two quarters
More local manufacturers and services firms are optimistic about business conditions in the months ahead due to factors such as…
Category: Corporate News
Pinterest revenue surges on popularity of shopping
Pinterest Inc reported first-quarter sales and user growth that surpassed Wall Street’s expectations, bolstered by a push into shopping and…
Increase in demand for Farm Price products
Farm Price Holdings Bhd’s revenue is expected to grow at 8.9%, 9.2% and 10.3% for financial year 2024 (FY24), FY25…
Sin-Kung to ride on booming global air cargo market
Sin-Kung Logistics Bhd is expected to ride on the global air cargo volume demand to accelerate its growth.
Microsoft plans to invest US$1.7bil in Indonesia
US tech giant Microsoft has announced a large investment in Indonesia, as the company’s chief executive officer visits Jakarta for…
Buffett’s PacifiCorp faces US$30bil claim demand
Berkshire Hathaway Inc’s PacifiCorp is facing a demand for US$30bil from victims of Oregon’s 2020 Labour Day wildfires, an escalation…
CIMB Niaga 1Q consolidated net profit increases
CIMB Group Holdings Bhd’s Indonesian banking arm began the financial year 2024 with a drop in net interest income, as…
Supreme Court spurns Musk’s Twitter appeal in SEC victory
The US Supreme Court rejected an appeal from Elon Musk in his “Twitter sitter” case, leaving intact his agreement with…
Tasco posts weak earnings due to international freight forwarding ops
Tasco Bhd has reported its weakest annual net profit in three years, dragged down by the poor performance of its…