News

Genting's VIP business turnover to slump 5-10%

The full potential of VIP GGR growth will now depend on the licensing of more junkets, says CIMB.

Singapore the wealthiest country now

The country’s GDP per capita amounts to USD56,532 and is expected to more than double in 2050.

DBS' liquidity not yet a concern: CIMB

But it is gradually diminishing as one of the positives of the DBS franchise, warns the analyst.

SBS Transit profit down 53.4% to $4.6m

Net income from investments of $0.1m for 2Q12 was 17.9% lower than 2Q11.

Here's why tables will be turned for Golden Agri

2Q profit fell 26% mostly due to nasty CPO prices but there's still hope for a rebound.

Check out why Raffles Education braces for waves of losses

Looks like the restructure of its Vietnam operations will leave the group cash-strapped.

Singapore can tide through, says DPM

Mr Tharman Shanmugaratnam described Singapore’s unemployment rate as “extremely” low.

You won't believe but banks are facing revenue headwinds

The banking sector's net interest income in 2Q has shrunk for the first time since 4Q09.

Golden Agri profit slumps 19% to US$453m

The smaller earnings point to lower crude palm oil prices and poor sales.

UOL profit crashes 19% to S$171.7m

Blame it on lower income from property development and expensive marketing.

Genting Singapore 1H12 profit down 27%

The two recently approved junkets and the new  Equarius Hotel & Beach Villas failed to attract  higher net worth customers.

Tiger Singapore passenger carriage dips 3% to 339,000

Even TIger Australia carriage crashed by a whopping 53%.

Chart of the Day: NODX eases on weaker external demand

Plain and simple, risk is on the downside, says DBS Group Research.

Here’s how OUE office spaces are priced

DBS Towers is the cheapest of the three topnotch commercial buildings at $5.70 psf/month.

Singapore trade slows to 2.9% in 2Q12

Seasonally adjusted, external trade declined qoq by 3.1%.