News

4 in 7 service clusters dipped in 2Q12

4 in 7 service clusters dipped in 2Q12

The accommodation sector registered the biggest slip of -5.8%.

MAS likely to focus on inflation than on exchange rate policy

DMG expects MAS to maintain its policy stance of a modest and gradual appreciation of the Singapore dollar NEER.

SingTel subsidiary's earnings 37% below consensus expectations

Bharti's net profit was hurt by rising competition and expenses.

Here's why offshore companies don't freak out amid economic crisis

Offshore drillers reveal that exploration and development activities remain robust.

Venture Corp suffers waning customer loyalty

The 19.9% profit fall sees a slower recovery in 2H as there is less visibility from customers.

5 reasons why drillships is top choice over semi-subs

Drillers seem to prefer drillships over semi-subs as evident from recent order activities.

Singapore's services sector dips 0.6% in 2Q12

Guess which sector is expected to provide modest support to growth?

StarHub to increase its LTE roll-out

Cash capex is then expected to be 11% of its operating revenue.

Singapore economy contracts by 0.7% in 2Q12

This translates to a 2% expansion - a sharp pullback in growth compared to a 9.5% expansion in 1Q12.

Chart of the Day: New stores to boost hiring in retail

Survey shows firms within the retail industry expect to increase recruitment during the third quarter due to new shops opening.

Here's why SingTel's earnings will inch just a tad up

Income is expected to rise by a measly 6% to S$920m.

Singapore, Southeast Asia ground zero of new engineering boom

Foreign investment trusts are flocking to the region, focusing on data centres.

Keppel nails $950M in Petrobas contracts

Keppel FELS Brasil S/A has secured two contracts from Petrobras-led consortiums.

NOL near-term recovery torpedoed by "persistent overcapacity"

Rates-dragging overcapacity will only ease by 2014, says Maybank Kim Eng.

Sembcorp Marine's new contracts now worth S$8bn

Sembcorp Marine just secured a contract to build 5 drillships at US$4.032bn.

UOL's investments mispriced by the market: Nomura

The market is valuing Marina Square and Marina Bayfront at just SGD1,230psf.