News

Pension funds feel the pressure as Singaporeans grow older

Pension funds feel the pressure as Singaporeans grow older

Almost a third will be over 65 by 2050 while dependency ratio is expected to grow five-fold.

Is Genting Singapore taking over Aussie-listed Echo?

Armed with net cash of S$1.8bn, an acquisition could be on the cards, says CIMB.

7 out of 10 Singaporean professionals careful on their facebook status

Are they afraid that employers might be snooping on them?

Oil domestic exports grew by 22%

The y-o-y growth in May was mainly due to higher sales to Malaysia, China, and Australia.

Non-oil domestic exports up 3.2%

In May 2012, NODX rose due to an increase in both electronic and non-electronic domestic exports.

Total trade expanded by 4.6% in May

Total exports increased by 3.3% while total imports grew by 6%.

Global aviation leaders set ambitious goal to curb carbon emissions

Efforts however would prove futile without Europe cooperating, says IATA.

Asia-Pacific carriers' profit outlook downgraded on Euro woes

Impact of European losses now expected to be more than doubled at $1.1 billion will take its toll on Asia-Pacific carriers, says IATA.

Asia unattractive for insurance firms planning to make new private equity investments

Surprisingly, insurance prefers Europe over Asia despite the former's current financial trouble.

Singapore Airlines ranked down in 100 most reputable firms in the world

BMW emerged as the new leader toppling Google which fell into the sixth place.

Construction sector expands after two sluggish quarters

Thanks to the HDB building programme and Marina Bay Cruise Centre construction.

Hotel occupancy rates reach 20-year peak

Record tourist arrivals in the first quarter pushed hotel occupancy rates to 88.5%.

Chart of the Day: Electronics cluster output up in Q1

Gains in electronics were primarily driven by the data storage and computer peripherals segments.

ST Engineering splurges $49.7 million on Americas aerospace expansion

It has purchased an aerospace maintenance facility and freighter conversion certificates to establish a regional foothold.

OCBC, DBS, and UOB pamper ultra-rich Singaporeans

Each bank targets Singapore's rising rich with diverse product offerings, but which bank gets the highest revenue contributions from this wealthy market?

Offshore wealth in Singapore reaches a whopping US$1trn

You'll never guess which region increased its offshore wealth in Singapore by more than 50% to US$140bn in 2011.