News

URA launches 2 property sites for tender today

URA launches 2 property sites for tender today

One is a 0.27ha residential site at Farrer drive and the other, a 0.82 ha commercial site at Tai Tong Crescent.

Government's move to take taxis out of COE bidding futile

Learn from OCBC why COE prices are unlikely to fall drastically even with the new rule.

Singapore Exchange suffers 23% drop in earnings

Securities Revenue also fell 15.5% amid market uncertainty.

Singapore Airlines recovers from $36m loss a year ago

Parents' operating profit swung back to $85M in 1QFY13 but other segments remain in red.

SMRT unveils plans of 10% staff increase

Headcount costs will be offset by savings in electricity expenditures.

Chart of the Day: MAS Core Inflation remains at 2.7%

Excluding the costs of accommodation and private road transport, MAS Core Inflation was stable for the third consecutive month.

Tiger Airways struggles in $14m after-tax loss

The airline casts hope in Tiger Singapore's operating profit of $4m.

Singapore Airlines promo fares triggered 10% passenger load rise

But passenger yields fell 3% resulting to a smaller increase of 7% in SIA's revenue.

Printing output in the red

Printing output in books, magazines, labels, and organizers dropped 12.2% in June 2012.

Marine & offshore engineering sails with 8.1% gain

The segment was lifted by higher output from rig building and ship building activities.

Pharmaceuticals segment feverish with 68.7% rise

This was partly due to a different production mix of active pharmaceutical ingredients.

Jardine Cycle and Carriage profit up by 5%

Consolidated net debt was US$750 m at end-June 2012.

You've been hacked: 6 in 10 Singaporeans ignore changing passwords

It's high time that Singaporeans learn 'good cyber hygiene'.

Prices of 30-year leasehold industrial units surge 43%

This results to $298 per sq ft--narrowing the price gap between 30-year and 60-year properties.

Singapore banks exposure to Europe not significant

OCBC with a small exposure at 1.8% of total assets would be least affected by any fallout from Europe.

Singapore Airlines' transformation hit by several challenges

Refocusing to short-haul routes and banking on Scoot for low-cost business put SIA's profitability this year into question.

Anxious Singaporeans expect 4.45% price hike

Looks like Singapore households would be cash-strapped for another year.