News
SingPost fast-tracks transition into a regional, digital powerhouse
SingPost fast-tracks transition into a regional, digital powerhouse
Another quarter of declining profits puts pressure on the firm to speed up investments outside its now low-margin domestic mail segment.
The Postman fails to deliver profit rise
SingPost profit fell by 2.2% to S$36.6m.
Prices of small homes dipped 1.4%
Sub-index for units in Central Region also sagged 0.9%.
Debt threat: SMRT to fall into a net debt position this year
Blame it on its S$500m capex bill.
Raffles Medical Group expands overseas for the first time since 2010
The tender results for a private hospital in Hong Kong is likely to be released in 4Q12.
SMRT's earnings derailed by higher costs
The company's earnings grew by a smaller 5% to S$37m, says CIMB.
Singapore still one of the most actively traded markets in Asia Pacific
Global real estate investment volumes in the region increased 19% to US$ 26b.
Wilmar's profit to slump amid China cooking oil price pressure
This could drain 3% from Wilmar's 2012 earnings if price hike continues.
Higher starting monthly pay shocks fresh grads
Monthly salary for degree holders is S$2,678 for without Honors and S$2,882 for with Honors.
Need a raise: 1 in 2 banks to raise wages
They expect salaries to rise in the next 12 months by an average 6%.
Home vacancies to rise by 14% in 2015
Oversupply of private homes intensify as URA raised estimates of completed homes, says CIMB.
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.
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