News

Readers deserting SPH newspapers

Readers deserting SPH newspapers

This is bad for the company as they will have to increase staff costs by 2.6%.

COE prices down 2.9% in June

Prices for the open category eased to SGD84,389 from SGD86,889.

Disappointing Q2 GDP reduces likelihood of monetary tightening

Nomura expects inflation to hit 2.0% in the next three months from 2.7% in May.

Negative Q2 GDP spurs more worries of technical recession

Official forecast full year growth range of 1-3% more likely to be revised downward, says Nomura.

Chart of the Day: Rents for non-landed properties steady at S$3.53 per sq ft

Island-wide median rents for landed homes meanwhile continued to rise reaching S$2.63 per sq ft per month.

Retail sales index shrinks another 2.7% in May

Weakness was felt across the board as all sub-sectors save for furniture & household equipment declined m-o-m.

SPH takes on a more conservative stance on portfolio assets

Chief executive Alan Chan said that the uncertain economic environment forced the firm to lower its risk profile.

City Developments most vulnerable to policy risks

CDL plans to launch only three projects for the rest of the year.

3 in 4 Singaporeans flash two thumbs up at economic status

Singapore ranked second in the economic situation poll; guess which country ranked first.

More than 100k Singaporeans banned from entering casinos

Regulatory constraints dominate over the upcoming renewal of the two casino gaming licenses in 1H 2013.

UOL to launch residential component of The Esplanade in 2012

Nomura only expects three projects to contribute to UOL's earnings beyond FY13.

SIA's earnings to crash in 2013

Will Scoot be successful enough to save SIA when it flies 20% more hours?

Technical recession looms in 3Q12: DMG

The analyst has revised down its 2012 GDP forecast to 2.6% from 4% previously.

Telco price war intensifies with fiber broadband shift

The big three-M1, StarHub, SingTel-are now pushing their 100Mbps plans at prices within 10-16Mbps range.

M1 mobile revenues dip 1.7% QoQ

CIMB forecasts 2Q12 earnings to shrink by 11% yoy.

StarHub barely hurt by BPL broadcast rights shift to Singtel

StarHub’s earnings could grow 2-6% qoq and 15-19% yoy, led by higher mobile and PayTV revenue on the back of the UEFA European Football Championship (Euro 2012) in Jun.

SGX inks a deal with NSE to boost offshore investing

Singapore Exchange offers Nifty Options from 16 July 2012.