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Maersk sails to profit while NOL, under ex-SAF chief, loses another mast
NOL's CEO, Lieutenant-General Ng Yat Chung No need to try to do detailed study of Maersk line’s results vis-a-vis NOL's. Maersk Line, operator of the world’s largest container ship fleet, steamed to a profit of US$227m after losses of US$95m a year earlier and US$599m in the previous quarter. NOL “on underlying...

Property showing no signs of cooling – Private home sales jump 42% in July
Prior to the upcoming Ghost Month, which is a traditionally quiet period in Singapore's property market, private home sales have risen according to URA's (Urban Redevelopment Authority) data for July. 1,943 new homes were sold last month, a 42 percent jump month-on-month (m/m) from the 1,371 seen in June. Including executive...
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