News

Changi Airport to develop open-air car park fronting T1

Changi Airport to develop open-air car park fronting T1

The management plans for more spacious public areas which can handle up to 24 million passengers each year.

Here's what to expect in revamped Changi Airport

Changi Airport welcomes passengers at newly improved Check-in Hall with world's largest kinetic art sculpture.

Medical tourism revenues to hit more than S$2bn in 4 years

Raffles Medical Group stands to be a key beneficiary of expected influx of 851K medical travelers to Singapore from 2012-16.

GDP figures disappoint but no need to panic yet

Second quarter YoY GDP growth of 1.9% is still healthy amidst sluggish global economy and the eurozone crisis, says IG Markets Singapore.

Singapore economy hits bleak 1.9% raise

This measly growth is lower than the expected 2.3% expansion.

Chart of the Day: High-end rent getting cheaper?

Tracking by Savills revealed rents of high-end non-landed residential properties fell for four consecutive months.

ST Aerospace seals $80m repair contract with AirAsia

ST Engineering’s aerospace arm will provide maintenance support for AirAsia's A320 aircraft fleet over a 10-year period.

Drab no more: Changi Terminal 1 completes $500M renovation

Extensive upgrades to Changi's oldest and busiest terminal have drastically improved its interior design and passenger comforts.

Office space capital values crumble due to rent easing

Even the Raffles Place/New Downtown micro-market's values will slip by 5% end-2012.

Retail sales to boost Singapore visitor arrivals by 9.9% end-2012

The 1.8% YoY growth in sales index is projected to help STB reach its visitor projection of 13.5 to 14.5 million.

Prime industrial property prices to surge by 9% in 2H12

Both prime conventional and high-specs premises will also increase by 0.5%.

M1 lags among telcos due to lack of bundled services

Analysts believe though that this concern is overdone - but on what grounds?

Raffles Hospital to increase rates in 2H12: CIMB

Competitors like Mount Elizabeth and Gleneagles charge 34% and 20% more on average for their services over Raffles Hospital.

M1's net profit may slump 2.8% to S$41.6m in 2Q12

But the increased NBN connection rate would benefit M1 most, says CIMB.

Dairy Farm milking its Singapore cash cows

The company achieved 12% sales CAGR, higher than peers' average of 8%.

Singapore economy to slowdown in last 2 quarters: Moody's

As global crisis looms how did Singapore fare in 1Q12 compared with ASEAN peers?

Parliament casts doubt upon SMRT's rental and ad business

Rental and ads comprise just 10% of SMRT's revenue but it contributes 55% of total profit.