SINGAPORE (Feb 22): Hotel and property group Amara Holdings reported a 36% fall in FY17 earnings to $23.9 million from $37.1 million a year ago. Group revenue for FY17 increased by 10% to $89.8 million from $81.3 million in FY16. This was mainly due to higher revenue in hotel investment and manageme...

DRAGGED by a decline in share of results from a jointly controlled entity, Amara Holdings reported a 36 per cent drop in net profit for the full year ended Dec 31, 2017 to S$23.89 million.

(Feb 22): Singapore’s government may have given the central bank a green light to charge ahead with monetary policy tightening this year. Economists are more confident in their calls that the Monetary Authority of Singapore will exit its neutral stance as soon as the next scheduled decision in Apr...