In Focus

It’s not all about the size: SGX

This is what CEO Magnus Bocker pointed out after failing to take over ASX Ltd.

It’s not all about the size: SGX

This is what CEO Magnus Bocker pointed out after failing to take over ASX Ltd.

Charge it: Spending of MasterCard users in Singapore up 66%

Almost $50 million was spent by Singapore-based MasterCard cardholders during the first weekend of the Great Singapore Sale. This is a 66% increase compared to the same period last year (28-30 May 2010).

Viva Las Singapore: Local Casino takings to overtake Las Vegas

And total revenue is expected to rise to USD 6.4bn from USD 5.1bn last year, according to Frank Fahrenkopf, President of American Gaming Association.

Did you get your 8.5% wage increase?

If not, you may be losing out as new statistics show overall wages grew by 8.5% y-o-y in the first quarter.

"Don’t grope the passengers": IATA chief pleads for strip search free airline check-in in Singapore

“We spend $7.4 billion a year to keep aviation secure, and passengers should be able to get from curb to boarding gate with dignity,” says IATA chief in Singapore as it unveils “Checkpoint of the Future”.

There is no lack of challenges facing aviation: Deputy Prime Minister

Mr Tharman Shanmugaratnam cited pandemics, natural disasters, political upheavals and sharp economic cycles as some of the challenges.

Manufacturing is the key: MTI

Mr Lee Yi Shyan attributed our strong economic rebound to manufacturing, with the sector surging 29.7% in 2010.

Tourism Receipts pegged at S$5bln for the first quarter

Of all the components, Sightseeing & Entertainment (including Gaming) posted the highest growth of 321%.

Singapore ranks 16th on prime retail rent

New York City remains the world’s most expensive retail destination, with Hong Kong and Sydney at second and third place.

Burned: License revoked after retailer sold cigarette to student in uniform

Ten other retailers face six-month suspension and fines for selling cigarettes to underage youth.

We’re being paid: COSCO

The shipbuilder clarified their vessel building contracts were entered into with subsidiaries of Sevan Drilling and not with its financially struggling parent Sevan Marine.

In Singapore, we dun need no education leh

Spending on education slumped 11.5 % over the last year, according the boffins at the Statistics department.

Manufacturing output falls 9.5% in April

Blame it on the biomedical manufacturing cluster which saw a 22.6% year-on-year decline. Under this cluster the pharmaceuticals segment declined 23.6% as a result of a different mix of active pharmaceutical ingredients being produced.

SIA flying the other way: entering long-haul budget carrier market

But its Malaysian competitor is not worried, saying businesses should stick to what they know best.

How did Tiger rack up $74 million of losses in Australia?

It is a stunning figure only revealed yesterday, and brings in to question the strategy and even viability of its operations downunder.

Domestic wholesale trade of petroleum sector down 2.9%

The decrease was arrived at after removing the price effect.

Shares feared to fall

This after US equity markets ended lower overnight.