News

Home sales volume sets record low

Home sales volume sets record low

Not only is it the lowest achieved this year but it also breaks the streak during which sales volume of private homes breached the 2,000-unit level since February.

Parcel business could deliver SingPost from mail decline

Quantium Solutions and vPOST will leverage on SingPost's regional footprint and already analysts are seeing growth prospects from these investments.

Restaurants, cafes and canteens tanked their April sales

Restaurant receipts slowed 3.3% while cafes and canteens dipped 2.5% as the F&B sector as a whole crashed 1.9% m-o-m.

Chart of the Day: Government keeps housing supply steady

Recently announced sites can yield a total of 14,200 residential units.

Singapore start-ups in Beijing get fresh government backing

Entrepreneurs venturing into the popular Chinese investment hub can consult with the new overseas chapter of the ACE.

New home sales to struggle with double-digit declines

Sales are likely to drop significantly in the second half of 2013, says Savills.

Hotel occupancies at a high of 87%

Major MICE events in April saw more tourists checking in Singapore hotels.

Private home sales plunge 31% to 1,702 units

New launches are unable to sell more than 50% of their units in the initial launch phase.

Long-term unemployment increased in Q1

The Ministry of Manpower says 14,000 or 0.7% of the resident labour force had been looking for work for at least 25 weeks in March.

Costs of environmental impact on business double once in every 14 years

If companies had to pay for the full environmental costs of their production, they would lose, on average, 41 cents for every US$1 in earnings, says KPMG.

Asia Pacific bucks downtrend in public relation investments

Firms worldwide cut spending in corporate communications, except for Asia which grew by 17%.

Stats for stay-at-home dads rising

Singapore culture is yet to catch up with the new-age parenting concept of staying-home dad and breadwinning mothers.

Hotels poised for lackluster performance in 2Q

April tourism figures less rosy than 1Q’s while channel check shows weaker 2Q, says OCBC.

Why CapitaMall Trust is catering to necessity shopping

73.1% of its malls' gross revenue came from this market segment in what is clearly a defensive strategy versus the downturn.

Chart of the Day: What you need to know about Singapore’s monetary policy

MAS says a calibrated adjustment in the policy stance will ensure price stability in the medium term.

Developers expected to be cautious in bidding activities

Investors’ risk appetite in the near term will remain low due to external volatility, says DBS.

14,200 residential units to be up for grabs in 2H12

These units include 3,100 executive condominiums, so take your pick.