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Chart of the Day: Take-up of shoe-box units accounts for 19% of new sales

Chart of the Day: Take-up of shoe-box units accounts for 19% of new sales

Take-up of units smaller than 50 sqm accounted for 19% of new sales in the second quarter, less than the 27% in the previous quarter.

Only net 1% of Singapore manufacturers see a second half rebound

13% of manufacturers expect business conditions to improve compared to the 12% who predict further deterioration from Jul-Dec 2012.

Precision engineering least upbeat in raising output

Manufacturers confessed in a new survey that they expect fewer orders of machinery and sluggish exports of precision modules & components.

6% of manufacturers to axe employees

A scanty 1% of them see business improvement ahead.

Singapore lagged HongKong in world's top investment locations list

Singapore ranking in Q2 jumped to 7th from 21st but it fared below tight rival HongKong.

Low-income Singaporeans to benefit from housing grants

First-time buyers with income $1,500 and below may purchase 3-room standard flats.

Tiger Australia fails to get its roar back

Net loss narrows to S$14m as Singapore operations post an operating profit of S$4m after 3 quarters of losses.

Here's why Raffles Medical is going nuts over building a hospital in Hong Kong

Huge potential awaits as private operators only account for less than 10% of the total hospital beds.

Housing loans surged 15% in June

Singaporeans seem to be richer as car loans and credit cards also went up 9.5% and 14.8%.

Singaporeans refuse to be loyal to a single bank

More than half distribute deposits and investments to three or more banks, says survey.

1 in 2 Singaporeans frustrated with banks' services

17% will actually not recommend their primary banks to others.

Jardine Motors stalls with 86% profit crash

Blame it on the difficult trading conditions in its Mainland China business.

Unemployment inched up to 2.1%

And total employment grew by a scanty 27,400.

2 in 10 companies avoid permanent hiring

Looks like contractual employment looms ahead for applicants.

Mayday, mayday: SIA's long-haul operations struggle for profitability

Dark skies ahead for SIA as its cargo business also posted an operating loss of SGD49m.

SGX seeks public views on new securities margin rules

With the proposed framework, margins will be imposed on portfolios of Central Depository members.

Business pessimism persists in Singapore

New orders for the manufacturing sector plunged by 28 percentage points.