News
Government trims 2012 trade outlook after rough 2Q
Government trims 2012 trade outlook after rough 2Q
IE Singapore now expects total trade to grow at a milder 3%.
Official GDP outlook narrowed to 1.5 to 2.5%
Lower band raised from 1.0% while upper band lowered from 3.0%.
Fraser and Neave profit down 16% to $185M
3Q12 decline wasn't due to weak operations though, the F&B firm insists.
Labor productivity contracts for the second straight quarter
Productivity still contracted though unemployment edged down to 2%.
4 in 7 service clusters dipped in 2Q12
The accommodation sector registered the biggest slip of -5.8%.
MAS likely to focus on inflation than on exchange rate policy
DMG expects MAS to maintain its policy stance of a modest and gradual appreciation of the Singapore dollar NEER.
SingTel subsidiary's earnings 37% below consensus expectations
Bharti's net profit was hurt by rising competition and expenses.
Here's why offshore companies don't freak out amid economic crisis
Offshore drillers reveal that exploration and development activities remain robust.
Venture Corp suffers waning customer loyalty
The 19.9% profit fall sees a slower recovery in 2H as there is less visibility from customers.
5 reasons why drillships is top choice over semi-subs
Drillers seem to prefer drillships over semi-subs as evident from recent order activities.
Singapore's services sector dips 0.6% in 2Q12
Guess which sector is expected to provide modest support to growth?
StarHub to increase its LTE roll-out
Cash capex is then expected to be 11% of its operating revenue.
Singapore economy contracts by 0.7% in 2Q12
This translates to a 2% expansion - a sharp pullback in growth compared to a 9.5% expansion in 1Q12.
Singapore to struggle with one of the highest inflation rates in Southeast Asia
Singapore will be home to the weakest growth, says DBS.
Chart of the Day: New stores to boost hiring in retail
Survey shows firms within the retail industry expect to increase recruitment during the third quarter due to new shops opening.
Here's why SingTel's earnings will inch just a tad up
Income is expected to rise by a measly 6% to S$920m.
Singapore, Southeast Asia ground zero of new engineering boom
Foreign investment trusts are flocking to the region, focusing on data centres.
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