News
Singapore Airlines slacks off in bringing tourists
Singapore Airlines slacks off in bringing tourists
Singapore's visitor arrivals by air grew 13.6% but SIA's passengers grew only 6%.
Developer fatigue becoming more obvious
Recent mass market tenders receive only 5-6 bids.
Policy measures targeting shoebox units cannot be ruled out
Shoebox units now accounting for 27% of total sales as of 1Q12, up from just 15% in 4Q11, raised the alarm.
Oversupply of private homes looms in the next 3 years
Annual supply of more than 13,000 units to outpace usual demand of 10,000, says UOB Kay Hian.
NOL's cost-cutting makes scanty US$100m savings
This is just around 20% of the line's full-year target of US$500m.
Home sour home: prices of private homes up 0.4%
Even rentals increased by 0.3% in 2Q12, said URA.
Chart of the Day: COE premiums and housing rentals continue to rise
Prices are unlikely to ease off as quickly as hoped, says OSK-DMG.
Biomedical single-handedly lifts June manufacturing to 7.6% growth
The cluster's commanding 54.4% expansion pushed Singapore past its 6.6% output performance in May.
Import and tariff policies put up for negotiation
Singapore's trade ministry has signaled intent to possibly amend trade policies related to its strict SPS measures and tariff lines.
6 in 10 businesses snub sporting events
These businessmen are neglecting 391m potential clients.
CapitaMalls 2Q profit up by a whopping 40.7%
Profit after tax and minority interests (PATMI) rose to S$232 from the S$164.9 million for 2Q 2011.
June industrial production results surprise on the upside
Data just released today was a sharp improvement at 7.6% yoy compared to market expectation for less than 3%.
Top billionaires' net worth soars by 9%
The country now has 16 billionaires from last year's 13.
Facebook's Eduardo Saverin ranks 8th in Forbes richest list
Guess who else placed in Singapore's 40 wealthiest people.
DBS most at risk from Euro woes
Around 30% of its loan book is exposed to SMEs at risk of order cancellations from European clients.
Wilmar's 2Q12 earnings to surge 36-56%
But it's still 21-31% below 2Q11 level.
F&N's Heineken dilemma raises shareholder's hackles
Japanese drinks giant Kirin explores its options on its 15% stake in F&N.
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