News

Private home site at Dairy Farm set to be snubbed

Private home site at Dairy Farm set to be snubbed

They'd be so lucky to get at least half of the projected selling price of $1,150 to $1,200 psf.

Last EC site near Punggol MRT to drive strong interest

Up to 10 bidders are expected for this land parcel but winning bid could only range from $310-$320.

9 in 10 companies slam current wage guidelines

33% believe that the format will incur higher wage costs.

Flights in Changi Airport soared by 6.4% in June

But shipment volume declined by 1% yoy.

Industrial production to register a meager 2.6% in June: DBS

But an upside surprise awaits as export sales rose 6.7%.

Raffles Medical Group's S$12.4m profit in Q2 disappoints analysts

PATMI inched up 6.9%, but it's slightly below OCBC's expectations.

Crazy inflation to rocket 70% higher than the 30-year historical average

High domestic inflation averaging 4.5% in 2012 is here to stay.

Singapore banks' profit to slump 18% in 2Q12

The large trading gains in 1Q will unlikely be repeated this time around.

Chart of the Day: NODX up, thanks to Hong Kong

Hong Kong was the top contributor to Singapore’s Non-Oil Domestic Export increase in June 2012.

97% of retiring Singaporeans offered re-employment

Virtually all Singaporeans who hit the retirement age of 62 are guaranteed an option for continued work due to the tight labour market.

SGX denies rumors on LSE merger

The bourse said it was not in talks with the London Stock Exchange to form what could have been the world's third-largest exchange group.

CCT earnings up 7.8% in 2Q12

CapitaCommercial Trust squeezed out income from higher tax savings and still-growing office and retail leases and renewals.

MAS looks into setting of key interest rate benchmarks

The central bank is following suit as Libor scandal triggered interest rate reviews worldwide.

Trading, investment earnings to fall 14% in 2Q12

Blame it on banks raising wholesale funding instruments.

Entry-level salaries rose by up to 9.1% in 1H

Learn what job-types offer higher pay for fresh graduates.

European banks re-leverage in Asia

Asia’s total exposure grew by 4.7% after a 10% decline in 4Q11 with Singapore  recording the largest increase.

8% of companies to freeze wages

If you want pay raise, go to Singapore-based firms.