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Article: BUSINESS IN ASIA TODAY - FEB 23, 2007.
- Article from:
- AsiaPulse News
- Article date:
- February 23, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on February 23, 2007. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
SINGAPORE'S OCBC BANK REPORTS 54 PCT RISE IN YEAR NET PROFIT
SINGAPORE - Singapore's Oversea-Chinese Banking Corporation Limited (OCBC Bank) (SGX:O39) says it is optimistic about overall growth prospects for the remainder of the year, after reporting a 54 per cent jump in annual net earnings. The company, the country's oldest bank, on Thursday posted a record S$2 billion (US$1.30 billion) net profit for the financial year ended December 31, 2006, a sharp ...