News

SingTel defends credit rating following downgrade

SingTel defends credit rating following downgrade

SingTel has issued a statement after being downgraded by Moody's to Aa3 credit rating.

SilkAir's East Asia, Pacific routes load factor down 1.5 points

This is despite SilkAir's 24% increase in passenger carriage.

Chart of the Day: NODX up 3.9% in 2Q

Thanks to higher shipments of both electronic and non-electronic NODX.

Singapore Airlines passenger load factor dips to 80.5%

Blame it on capacity expansion outpacing passenger carriage growth.

You're under arrest: Busted immigration offenders fall 22.38%

Harbourers and employers of IOs also dropped 9.5% and 16.7%.

Why July's property rebound won't last

Singapore developers sold 1,943 homes but government will ensure any rally fizzles.

Fast food outlets falter as restaurants, food caterers surge

Receipts of fast food chains declined 0.8% while other F&B sectors grew.

Ministry of Manpower to intensify surprise work safety probe

The construction sector had 9 fatalities at work and MoM is immensely worried.

Retail sales dip 0.9%

Blame it on the 8.2% decline in sales of motor vehicles.

Check out why July home sales rocketed

Units with prices below $1,000 per sq ft are very attractive to homebuyers.

Singapore Airlines to fly two giant pandas into Singapore

Kai Kai and Jia Jia will come via Boeing 747-400 freighter on 6 September.

2 reasons behind City Dev's bearish 2Q12 results

Find out why City Dev's earnings fell 38% to S$138m in 2Q12.

6 in 10 companies to freeze wage hike

While those intending to increase staff salaries plan a measly 3% raise.

Private home sales may spike in August: Savills

Who will dare to defy the Hungry Ghost taboo?

SingTel's subsidiaries struggle with disappointing growth

Bharti’s contribution fell 44% and Optus' revenue declined 3.2%.

All aboard: Singapore splurges $7m to train locals for the harbour craft sector

Singaporeans will be trained to work as marine engineer officers on board ships.

Testing times for the residential leasing market

Further downside pressure looms amidst tighter immigration.