The #Pacific Daily

Business

Volvo readies for US slowdown as fourth-quarter profit just lags

channelnewsasia.com - STOCKHOLM: Swedish truck maker Volvo forecast a steeper than expected slowdown in the North American heavy-duty truck market this year and said it would cut production there after posting a slightl...

Pacific National Bank : Reports Solid Earnings and Strong Growth

Shared by 4-traders.com

4-traders.com - Pacific National Bank (PNB) reported today that net income grew by 25.2 percent quarter over quarter, from $449 thousand for the quarter ended September 30, 2015 to $562 thousand for the quarter en...

PPP Laser Clinic founder steps down

channelnewsasia.com - SINGAPORE: The founder of PPP Laser Clinic, Dr Goh Seng Heng on Tuesday (Feb 2) announced that he is stepping down from two companies that own and operate the popular chain of aesthetics clinics. D...

Long queues on Li Chun for those banking on better luck

news.asiaone.com - SCORES of people braved the queues forming at banks and cash deposit machines across the island yesterday for a shot at improving their fortunes in the new year. The practice of banking in money on...

ARA Asset Management's net profit for Q4 up by 41%

straitstimes.com - Higher fees from managing real estate investment trusts (Reits) and investment portfolios boosted fourth-quarter earnings at ARA Asset Management. Net profit shot up 41 per cent to $25.56 million i...

Indonesia 2015 GDP weakest in 6 years despite acceleration in Q4

straitstimes.com - JAKARTA (REUTERS) - Indonesia's economy picked up speed in the fourth quarter but full-year growth was still the slowest since the global financial crisis as weak consumption, investment and export...

Mismatch between vacancies and jobs sought worries experts

straitstimes.com - The jobs are there, and so are the workers - but some of the latter just want no part of the former. A Manpower Ministry report out yesterday showed job vacancies fell by 7,400 last September from ...

S’pore firms capitalise on opportunity in China market

todayonline.com - SINGAPORE — China’s economic growth may have been at its weakest rate in a quarter of a century last year, but some Singaporean firms with operations there are finding pockets of opportunity as the...

CapitaLand Retail China Trust's DPU up by 4.4% in 4th quarter

straitstimes.com - Capitaland Retail China Trust (CRCT) yesterday reported a 4.4 per cent rise in distribution per unit (DPU) to 2.59 cents for its fourth quarter ended Dec 31, up from 2.48 cents for the same period ...

Singapore banker withdraws request to release funds frozen in 1MDB probe - Nation | The Star Online

thestar.com.my - SINGAPORE: In a surprise turn of events, private banker Yak Yew Chee filed an application on Friday to withdraw his request to the Singapore High Court to release some of about S$10mil (RM29.58mil)...

No US$70 oil until 2018: Morgan Stanley

business.asiaone.com - Morgan Stanley has downgraded its outlook for oil prices, expecting low prices to persist for longer than previously thought as the supply and demand imbalance looks set to continue for at least an...

Japan to help boost Malaysia's halal industry

business.asiaone.com - KUALA LUMPUR - Malaysia and Japan are looking into collaborating on developing the halal industry for a wider global market. International Trade and Industry deputy minister Datuk Seri Ong Ka Chuan...

SIA, SingPost, Singtel, Wing Tai, Vicom, Chip Eng Seng, Jumbo Group, Loyz Energy, Neo Group, iX Biopharma, Pteris Global

theedgemarkets.com - SINGAPORE (Feb 5): The following stocks may be in focus today: Singapore Airlines reported a 35.5% y-o-y increase in 3Q earnings to $275 million, on the back of lower costs which helped Southeast A...

Singapore’s 1MDB probe: Private banker to remit S$1.7m from foreign accounts

channelnewsasia.com - SINGAPORE: A private banker whose bank accounts were frozen by Singapore authorities as part of investigations related to Malaysia state fund 1Malaysia Development Berhad (1MDB) has been allowed to...

SGX warns investors over irregular trading of S-chip Zhongmin Baihui

straitstimes.com - SINGAPORE - The Singapore Exchange (SGX) is urging investors to be cautious when dealing in the shares of Mainboard-listed Zhongmin Baihui Retail Group. The share price of the company, which owns a...

Nice surprise for SingPost shareholders

straitstimes.com - SingPost has surprised shareholders with an improved dividend payout in its latest results, but has offered no clues on how close it is to finding a new chief executive. "This is something we have ...

Asia edges up on Wall Street gains, dollar wobbles before US jobs data

channelnewsasia.com - TOKYO: Asian equities edged up on Friday, taking early inspiration from an overnight rise on Wall Street, while the dollar wobbled ahead of the closely watched U.S. jobs report. MSCI's broadest ind...

Pacific tops list of exporting destination for Fiji - Fiji Times Online

fijitimes.com - OVER the past three years, the Pacific has emerged as the key export destination for Fiji. For example, in 2014 the Pacific region accounted for about 32 per cent of the country's total exports to ...

Sustainable Tourism An Opportunity for Economic Growth in the Pacific

adb.org - A responsible and sustainable regional approach to tourism can help Pacific island economies overcome obstacles to higher growth. Tourism is an important economic sector for many developing countri...

Ringier Africa and Asia Pacific with new structure and leadership

Shared by APO

africa-newsroom.com - Leonard Stiegeler, former General Manager Ringier Nigeria & Head of Ringier West Africa has been appointed to the new position of General Manager Ringier Africa Ringier (www.Ringier.com) is restruc...

Trans Pacific Partnership trade deal signed in Auckland - BBC News

bbc.com - The Trans Pacific Partnership, one of the biggest multinational trade deals ever, has been signed by ministers from its 12 member nations in New Zealand. The ceremony in Auckland brings the huge tr...

China says it’s weighing up the TPP deal

Shared by gbtimes

gbtimes.com - China will actively participate in and promote regional free trade arrangements that feature high-degree transparency, openness and inclusiveness, China’s Ministry of Commerce (MOC) said on Thursda...

Twelve Pacific nations sign major free trade agreement

poandpo.com - Trade deal   The Trans-Pacific Partnership was signed in Auckland Twelve Pacific nations sign major free trade agreement Thursday February 4, 2016 | 3 minutes ago Twelve Pacific region trade minist...

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