Business
Del Monte Pacific swings into the black in Q1 with US$5.5 million net profit
This is due to higher sales from both the company’s domestic market in the Philippines and international markets Canned-food brand Del…
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Pacific
Business
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals…
Business
Cathay Pacific poised to make first Boeing order in 12 years
Cathay Pacific Airways is poised to place an order for new aircraft from Boeing for the first time in 12 years, according to sources…
Business
Cathay Pacific warns of declining airfares and uncertain cargo outlook, shares fall 10%
Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Cathay Pacific Airways warned on Wednesday (Aug 6) of declining airfares, challenges at its budget carrier and uncertain cargo market…
Business
Stocks to watch: OCBC, FLCT, Clas, Jardine Matheson, Keppel Reit, NetLink, Del Monte Pacific
The following companies saw new developments that may affect trading of their securities on Friday (Aug 1): OCBC: The local bank’s net…
Business
Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse
Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss…
Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…
Business
Stocks to watch: OCBC, SIA, SGX, GuocoLand, China Aviation Oil, Del Monte Pacific
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): OCBC: The bank aims to extend…
Business
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment Del Monte Pacific…
Business
Barclays names several leadership changes in its Asia Pacific investment banking unit
Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes…
News
Hurricane Flossie is now a Category 2 off the Pacific coast of Mexico
MIAMI (AP) — Hurricane Flossie strengthened to a Category 2 cyclone Tuesday morning off the Pacific coast of Mexico, forecasters said. The…
Unsorted
Ship carrying EVs abandoned in Pacific after catching fire
A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3),…
Business
Pacific International Lines’ FY2024 net profit quadruples to US$1.3 billion
Pacific International Lines (PIL) on Friday (May 16) posted a net profit of US$1.3 billion for the FY2024 ended Dec 31, 2024, more than…
News
Marine Corps Provides Details on How New Littoral Regiment Would Fight in Pacific
The Marine Corps' new littoral regiment is less than two years old and growing as the service contends with how to resupply and sustain it…
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EXCLUSIVE: Moose Knuckles Names Mia Wang Head of Asia Pacific
Moose Knuckles, the Canadian luxury outerwear brand, has named Mia Wang chief executive officer, Asia Pacific, effective immediately. Wang…
Business
Cathay Pacific will comply with stricter rules on power banks
Cathay Pacific Airways has been forced fall into line with its airline peers on rules governing portable power banks after the Hong Kong…
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Pacific Green to sell Limestone Coast North energy park for $293m
Pacific Green Technologies has signed binding documentation to divest its Limestone Coast North energy park, a 250MW/500 megawatt hours…
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Hyatt introduces programme to streamline event planning across Asia Pacific
Global hospitality company Hyatt has introduced the new Hyatt Asia Pacific Meetings & Events Alliance programme to revolutionise…
Business
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income to US$23.8 million for H2
THE manager of Keppel Pacific Oak US Reit (Kore) on Tuesday (Feb 4) posted an 8.8 per cent fall in distributable income to US$23.8 million…
Business
Cathay Pacific to cut profit payout to staff by around 50% - The Business Times
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only…
News
Pacific Palisades fire prompts warning from captain: "We're in for a fight"
Los Angeles Fire Department (LAFD) Captain Sheila Kelliher warned that firefighters are "in for a fight tonight" while battling the…
Business
SingPost’s proposed A$1b sale of Australian business ‘on track’, says buyer Pacific Equity Partners
THE proposed divestment by Singapore Post (SingPost) of its Australian logistics business is not affected by SingPost’s recent firing of…
Business
Sembcorp makes debut on Dow Jones Sustainability Asia Pacific Index
Other Singapore companies on the index are CapitaLand Investment, ComfortDelGro, Keppel, ST Engineering, and Wilmar International SEMBCORP…