News

Fraser and Neave’s revenue plunges 11% to $1.4b in 1Q12

As the unprecedented flooding in Thailand has caused the group to halt its dairy operations in Rojana. Read ››

Asia Pacific Breweries’ net profit surges 34% to S$155m in 1Q12

IndoChina and Thailand reign as the group’s largest contributors at 45%. Read ››

Luxury residential market to be the hardest hit by additional buyer’s stamp duty

Foreigners who made up almost half of the prime home sales last year may retreat and shift interest to cheaper homes. Read ››

Emerging markets’ GDP to overtake developed economies by 2014

It’s not so far-fetched with almost 70% of total world growth seen to come from emerging markets in Asia. Read ››

Keppel more likely to win drilling contracts from Azerbaijan NOC

Find out how much is the potential boost to order book of Keppel. Read ››

Foreigners bought 31% of private homes in 2011

So from which countries do the top four foreign buyers come from? Read ››

Singapore Markets Morning Briefing - what you need to know for Thurs Feb 9, 2012

Good Wall Street news offers some positivity to today's trading. Read ››

Look out for a CapitaMalls Asia comeback

Give it five years and its China malls will start raking in profits and prove naysayers wrong, says Maybank Kim Eng. Read ››

Surplus or deficit for FY2012 Singapore budget?

OCBC pegs it at a neutral to modest deficit of under 1% GDP given what it sees as diminishing macro worries. Read ››

Why Singaporeans are slow to switch to fibre broadband

Usage is creeping up for this high-speed internet service but many know little of its practical benefits. Read ››

Raffles Education’s revenue dips 13% to S$36m in 2Q12

As the volume of university-going students continues to plunge due to demographic changes. Read ››

90% of business executives expect more protectionist measures

That is if the global economy slides into a double-dip recession. Read ››

Singapore ranked third most globalized economy

Guess which country topped the list and beat Singapore? According to a release, Singapore ranks third after Hong Kong and Ireland on Ernst & Young’s Globalization Index 2011, which measures the world’s 60 largest economies according to their degree of globalization relative to their GDP. Read ››

Singapore tourism receipts reached a new high in 2011

The figures met the year’s forecast range of S$22 – S$24 billion - but how much was it exactly? Read ››

SIA begins codesharing on Australian domestic flights

Tickets for the codeshare flights are now open for sale. Read ››

Singapore amongst exposed to risk of deterioration in the Euro area

Singapore exhibits highest reliance on Euro banks with more than a third or 39% of its GDP are Euro banks' claims. Read ››

Commercial crimes up in 2011

Cases of failure to deliver goods and services rose to 493. Read ››

More Asians, less Brits travelled to Singapore in 2011

International visitor arrivals reached more than 13 million and 76% came from Asia. Read ››

Singapore Markets Morning Briefing - what you need to know for Wed Feb 8, 2012

Mid-week trading is welcomed by good news. OCBC Investment Research said: With US stocks ending higher overnight and the Nikkei 225 index initiating a fairly strong start (+0.6% now), these are likely to inspire the local bourse as well this morning. Read ››

Tiger Airways will be caged in the red

Skyrocketing costs and sketchy utilization of its Australian fleet have defanged the airlines for what could be a long time. Read ››

Tiger Airways on the search for its next CEO

As its current CEO, Chin Yau Seng, will soon be returning to SIA. Read ››

Residential prices to dip 5% despite robust interest in the market

But when an analyst visited Parc Rosewood and Bartley Residences, what did they find out? Read ››

Singapore hotel room revenues up 27.8% to S$2.6b

But which sector was the top performer in terms of RevPAR growth? Read ››

Where will Scoot scoot next?

Scoot will operate five non-stop flights a week from mid-2012 - but to where? Read ››

Global commercial real estate markets weather economic uncertainties

Prime office rents rose for the 8th consecutive quarter in 4Q11 and vacany is edging down to the lowest point. Read ››

What to expect from Ascendas’ acquisitions of 3 science parks

OCBC Investment Research cites three main reasons why the acquisitions are yield accretive. Read ››

This will be a challenging year: DBS

The emphasis is expected to be on reinforcing the productivity drive. Read ››

Banks' earnings growth to be subdued in 2012

But without a global financial crisis scenario, the bleak outlook in 1H12 should revert positively in 2H12. Read ››

Singapore Markets Morning Briefing - what you need to know for Tues Feb 7, 2012

It seems like there’s nothing to jump about at least this morning. Read ››

Singapore is currently one of world's Top 10 growing airports

Which four other Asia Pacific airports made the cut as of the month of February? Read ››

Fashion or beauty: Which gets cut first in a recession?

70% of Asian women including Singaporeans will sacrifice fashion purchases before beauty spending. Read ››

Bursting of real estate bubbles to pose threats to Singapore

A sharp downturn in property prices remains to be a risk in the near future. Read ››

CapitaGreen in Singapore CBD to be completed by 2014

CapitaLand expects a 20% saving in construction time in reducing the normal completion period of 39 to 40 months to 32 months. Read ››

Where have all the female directors gone?

More than 70% of boards in 5 countries, including Singapore, have no female independent directors - what happened to diversity? Read ››

Is your office connected to the Next Gen NBN?

If the answer’s no, then you’re not among the over 19,000 commercial buildings and offices which already are. Read ››

Sembcorp secures first drillship order for Brazil

But management admits that the $792.5m-worth of drillship contract won’t have any material impact for FY2012. Read ››

Meet the slacker arm of Singapore Airlines

SIA Cargo will continue to bleed profits this year and weigh down the troubled airlines, says PhilipCapital. Read ››

Singapore Markets Morning Briefing - what you need to know for Mon Feb 6, 2012

The bourse is expected to start the week right following positive results from US stocks and the Nikkei. Read ››

SGX securities trading jumps 47% to $1b in January

SGX starts the year on a good note, with growth in its commodities, clearing and fixed income activities last month. Read ››

Real estate lending to pose threats to 2012 transactional volumes

But despite ‘debt threats,’ Jones Lang LaSalle still estimates volumes to be stable at around $400b. Read ››