In Focus

Central bank stands firm on current monetary policy

MAS managing director Ravi Menon said the prevailing policy stance "remains appropriate" despite grumblings of its failure to arrest inflation.

Central bank stands firm on current monetary policy

MAS managing director Ravi Menon said the prevailing policy stance "remains appropriate" despite grumblings of its failure to arrest inflation.

SIA Engineering can't shake off cost pressures and margin concerns

Risks of margin erosion and prolonged aviation sector weakness continue to weigh down the firm's earnings potential, says Maybank Kim Eng.

Inflation affects all Singaporeans squarely

All income brackets from the lowest 20% to the highest 20% effectively had to bear inflation increases in the 3.9-4.1% range in 1H12.

Singapore NODX strength faces regional pressure

A prevailing weakness in regional trade could hamper the country's suprisingly robust non-oil domestic exports, says BofAML.

Why MAS will stay dovish on monetary policy

Moderating inflation and creeping downside growth risks should convince the central bank to retain or even ease monetary policy, says OCBC.

Lethal scaffolding collapse at Bugis station triggers investigation

Ministry of Manpower will lead the inquiry on how two workers died and eight others were hospitalised in the worksite mishap.

NODX nudges up 6.8% in June

Non-electronic NODX in particular went into overdrive as pharmaceuticals, specialised machinery and printed matter all grew by double-digits.

Home buying spike in July will be short-lived

Newly confident home buyers will snap up deals this month but the purchasing spree will peter out by end-2012, says Colliers International.

F&B receipts fell 1.3% in May

Restaurants continued to post the worst m-o-m performance among all sub-sectors.

Singapore jewellers urged to go mobile

Trade Minister Lee Yi Shyan points to a growing but untapped market who shop jewellery via their smartphones and iPads.

New subletting restrictions levied on Singapore PRs

HDB has revised the subletting rules shortening it to a 1-year period and only if permanent residents have not done so before.

LTA tightens regulatory noose on train operators after disruptions

The transport body plans to impose tougher audits and possibly raise fines to prevent a repeat of last December's train service disruptions.

Dependent privileges lowered for work pass holders

Various pass holders may no longer bring parents, parents-in-law or sponsor the stay of spouses and children if earning below $4,000.

Singapore cracks down on immigration marriages

Government is planning to criminalize unions made for the purpose of obtaining entry visas and permanent residency qualifications.

Genting Singapore will lose big under stricter Casino Control Act

The government has proposed higher penalties and gambling deposits which will deter high-rolling VIP clients.

I don't: Divorces in Singapore on the rise

The number of marital dissolutions such as divorces and annulments rose from 7,338 in 2010 to 7,604 in 2011.

Rotten multi-year earnings predicted for Wilmar oilseeds and grains

The traditionally high-profit segment is likely to plunge into a prolonged decline due to poor market conditions, says Maybank Kim Eng.