Singapore Star
SingaporeStar.com Tuesday 9th February 2010 Volume 3/06
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STI: 9.52 2703.14 0.35%
DJI: 103.84 9908.39 1.04%
NAS: 15.07 2126.05 0.70%
FTSE: 31.41 5092.33 0.62%
Nikkei: 14.98 9936.84 0.15%

bullet Reported in the press corner
"It is unfair you enjoy a safe life while our brothers in Gaza suffer greatly. Our attacks will continue as long as you support Israel. "
Osama bin Laden
The al-Qaeda leader was addressing U.S. President Barack Obama in a recently-released videotape.

bullet Exchange Rates corner
$£€ United States, Dollar Euro Singapore, Dollar Thailand, Baht Malaysia, Ringgit
United States, Dollar - 0.729 1.420 33.18 3.440
Euro 1.370 - 1.947 45.48 4.715
Singapore, Dollar 0.703 0.513 - 23.36 2.421
Thailand, Baht 0.030 0.021 0.042 - 0.103
Malaysia, Ringgit 0.290 0.212 0.412 9.646 -

bullet More Singapore News corner
ITE students learn finer points of coffee making
Singapore trounces Christian minister on jokes about Buddhism
RPT-GLOBAL MARKETS-Asian shares struggle, euro wins respite
BUY OR SELL-Cheap Indian telcos worth a call?
India GMR Infra in PE talks to raise $322 mln-paper

bullet Arts corner
Flight-testing of cryogenic stage of GSLV in April: ISRO chief
Cher says it's rough acting with younger co-stars
Mickey Rourke defends Megan Fox's acting skills
Kolkata family exhibits musical instruments of British Raj era
Foreign artistes perform at Khajuraho Dance Festival

bullet Media corner
ABC News: Obama 'Will Not Walk Away from Reform'
Met Police case in the newspapers
The CW Promotes Brian Doherty to SVP, National Sales
Survey: Clutter Causing TV Ads to Lack Effectiveness
ABC News: Toyota Recalling Prius in Japan for Brakes

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Breaking News
SingTel posts 24 percent rise in quarterly profit
Singapore, Feb 9 (DPA) Singapore Telecommunications Ltd (SingTel), South-East Asia's biggest phone company, said Tuesday that net profit for its third quarter rose 24 percent from a year ago on the back of steady growth in its home market and...

SingTel Beats Estimates on Gains in Singapore, Indonesian Unit
Feb. 9 (Bloomberg) -- Singapore Telecommunications Ltd., Southeast Asia’s largest phone company, posted profit and sales that beat analysts’ estimates after gaining mobile customers at...
Singapore denounces pastor for ridiculing Buddhists
SINGAPORE, Feb 9 - Singapore has warned a Christian pastor that his online videos are offensive to Buddhists and Taoists, underlining the city-state's concerns that religion is a potential...
More breaking stories
World Headlines
Haitian man dragged alive from rubbleHaitian man dragged alive from rubble
A Haitian man has amazingly been pulled from rubble in the destroyed city of Port au...

US warned to beware terror incidents overseasUS warned to beware terror incidents overseas
Al-Qaeda has made another threat toward the...
Mogadishu residents flee impending fightMogadishu residents flee impending fight
There have been more terror attacks linked to rebel and government forces in Mogadishu,...
More international stories
Business News
Toyota receives summons from Japanese government over problemsToyota receives summons from Japanese government over problems
Toyota's president is due to brief the Japanese government on the Prius...

More nuclear power for ArgentinaMore nuclear power for Argentina
Argentina has decided to build a third nuclear plant by end of the...
Greece to boost government revenues with taxGreece to boost government revenues with tax
Greece will institute tax reforms to urgently boost government...
More business stories

bullet SingTel posts 24 percent rise in quarterly profit corner

Singapore Telecommunications Ltd (SingTel), South-East Asia's biggest phone company, said Tuesday that net profit for its third quarter rose 24 percent from a year ago on the back of steady growth in its home market and Australia.

Net profit for the three months through Dec 31 reached 991 million Singapore dollars ($697 million), up from 799 million Singapore dollars a year earlier, SingTel said.

Group revenue grew 20.2 percent from the third quarter of 2008 to 4.45 billion Singapore dollars.

'The Singapore and Australia businesses stood out for their exceptional performance in mobile under highly competitive market conditions,' SingTel chief executive Chua Sock Koong said.

Business was boosted by a stronger Australian dollar, SingTel said, as the Australian currency appreciated 27 percent against the Singapore dollar in the quarter compared with a year earlier.

However, revenue growth in Singapore and Australia had been affected by 'cautious corporate telecom spending and demand for business-related services', it said.

SingTel has a wholly owned unit, Optus, in Australia and six regional mobile associates - India's Bharti, Indonesia's Telkomsel, Globe in the Philippines, Advanced Info Service in Thailand, Pakistan's Warid and Pacific Bangladesh.

Pre-tax profit from all six mobile associates grew 21.3 percent year-on-year to 560 million Singapore dollars in the third quarter, SingTel said.

On Tuesday, SingTel reported that its mobile customer base in the Asia-Pacific expanded to 285 million by the end of December, up 52 million, or 23 percent, compared with a year ago.


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Whether it's the latest Nikkei 225 reading in Tokyo, the sterling exchange rate in London, or the status of the Nasdaq in New York, whether it's local Singapore news, the weather forecast for Singapore you'll find it all in the Singapore Star.

From Johor Bahru to Singapore, the Singapore Star should be your number one choice for breaking news - local, regional, and national.

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    bullet Movie Review corner

    bullet Travel corner
    JAL to stay with American Airlines, spurn Delta: reports
    TUI Travel Posts First-Quarter Loss of 107 Million Pounds
    Cuba travel bill buried in political agenda
    Gadsden City cruises past Hewitt-Trussville, 53-42

    bullet Internet corner
    Social sites causing concern to business
    Iranian opposition leader sentenced six-year jail
    Yemen Al Qaeda leader blasts Arab states in new tape
    Google warns Chinese copycat Web site: report
    PureChoice in Burnsville has Nose for business

    bullet News Survey corner
    Stock markets around the world are falling again. How do you think they will fare by the end of the year?


    bullet Hotel Review corner
    Hyatt Regency Islandia on San Diego's Mission Bay
    Hyatt Regency Islandia on San Diego's Mission Bay

    Taking Highway 5 north of downtown San Diego, and exiting about 6 miles up on 8 West I soon came across Mission Bay East and in...


    bullet Regional corner
    Physical and mental inferiority behind Pak's Oz cricket tour humiliation: Alam
    Sujata Koirala says Police personnel should also be investigated over Shah murder
    Nepal Constituent Assembly nearing deadline to finalise constitution
    Kasuri rejects Qureshi's remarks over Kashmir issue
    England playing with fire by resting Strauss for Bangladesh tour: Warne