News

Luxury home sales surge 246%

Demand for ultra-posh residences worth at least S$3,000 per sq ft also rose to 31 units.

4 reasons why Sembcorp Marine is not veering off course

It is one of the best in the offshore & marine sector, thanks to its 36% profit surge.

Keppel and Floatel ink $315M semi contract

Keppel FELS subsidiary racks up its fourth semisubmersible order in four years.

Domestic wholesale trade dips 1.9%

Industrial & construction machinery sector's sales made the largest decline of 13.2%.

Unsafe driving on Singapore roads on the rise: Shanmugam

Law and Foreign Affairs Minister K Shanmugam cited three incidents of unsafe driving on his Facebook page on Monday.

Singapore 6th costliest city in which to rent

In the second half of 2011, Paris took over from London as the most expensive city in which to rent.

Singtel to unveil first 4G service for tablets

The service offers typical download speeds between 3.4Mbps and 12Mbps.

Office rentals fell over the last three quarters

Tight office supply is expected moving forward as only around 70k sq ft office space are slated for opening in 3Q12.

Acquisition activities of industrial landlords eased by over 80%

Total amount of acquisitios dwindled to S$107m in 2Q12 from around S$678.2m  the previous quarter.

Pressure rises as F&N nears high noon for Heineken bid

Heineken's S$53 offer is waiting for shareholders' go signal, but ThaiBev could still say no.

Over 400K retail spaces flooding the market up to 2015

But bulk of the supply is coming from the suburbs.

Small- and medium-sized enterprises struggle amid debt collection woes

90-day old debts to SMEs spiked to 24%--the highest in two years.

Check out what's really bugging NOL's shipping activity

Looks like NOL must rethink the measly 0.4% and 18% drop in freight rates.

This is why finance professionals will ditch banking sector

8 in 10 are itching to move out of traditional services--where do they go then?

Property investment volume rebounds to US$26b in Q2

But Singapore's residential leasing market is likely to face further downside pressure.