News

Here's why Singapore's shipbuilders are veering towards rough seas

Cosco and Yangzijiang will suffer as the latter lost 8 shipbuilding orders.

Chart of the Day: Electronic NODX up 2.2% in 2Q

Thanks to higher domestic exports of ICs, telecommunications equipment, and disk drives.

CPF interest rate kept at 2.5% minimum

Ordinary account savings will continue receiving the risk-free rate until end-2012.

Almost half of Singapore drug abusers now aged 40 and up

Narcotics bureau arrested 826 in oldest demographic, or 48% of total abusers.

This is why Diamond Offshore shifted to Sembcorp for semi-sub upgrade

Looks like Keppel is losing a loyal customer as Diamond inked a US$135m contract with Sembcorp.

These are the two largest launches in OCR

They accounted for 72.9% and 46.1% of the region's new launches and sales.

Here's how the potential acquisition of Echo hurt Genting

GENS' share price was dragged by the market's assumption that Echo Entertainment Group is a low value-accretive acquisition.

Thai Bev posts 'nearly magical surge' in business activity in 1H12

Spirit and beer sales volume rose 10.1% and 9% respectively, says Maybank Kim Eng.

10 stats on how Asia's ultra rich invest on property

Only around 4% of Asian ultra rich men own ski chalet abroad but the number is expected to keep growing.

See how Marine Life Park's construction screwed Genting's new VIP products

The construction hindered Genting from aggressively pushing the new Equarius and Beach Villas.

Singapore the healthiest country in the world

Singapore bested 145 countries in a Bloomberg survey.

Google beats Singapore Airlines as top choice for employer

Almost 4 in 10 undergrads and alumni fancy the tech mogul as their future workplace.

Singaporeans amongst top luxury home buyers abroad

Only 3 Asian nationalities made it to the top 10 list  but don’t be surprised to see Filipinos and Mongolians catching up the list soon.

9 in 10 Singaporean workers refuse immoral tactics for promotion

This is despite cut-throat competition amid the country's openness to foreign talent.

Asians biggest spenders on luxury brands

The region now accounts for almost 27% of luxury spending worldwide, up from 16% five years ago.

Almost 7 in 10 banks to freeze hiring

Good news is that only a few companies will enforce retrenchment.