News
Wise Singaporeans among heavy credit card users
Wise Singaporeans among heavy credit card users
A whopping 62% of Singaporeans turn to credit cards when paying.
Ailing hospital bed shortage to persist till 2016
Nearly 2 beds per 1000 people are just not enough.
Investors more cautious in buying industrial spaces
Blame it on URA's efforts to clamp down on the unauthorised use of industrial space.
Ascendas REIT lags in portfolio occupancy
Its multi-tenanted buildings portfolio was only 90% occupied as of end-FY12.
Keppel clinches a USD242m deal for a jackup rig
The rig is scheduled for delivery in 1Q 2015.
Almost 8 out of 10 consumers in Asia Pacific distrust financial advisors
So, who do they consult with regarding personal finance and wealth?
Telcos need more cash to buy spectrum
Telco bids may rise up to 20% over the price M1 paid for the last 1800MHz auction, says MayBank KimEng.
StarHub may fail to raise dividends
Spectrum cost to push up 2013 cash needs by 43-51%, says KimEng.
Chart of the Day: Rates of Grade A office rent fall
The average monthly rent of CBD Grade A offices was S$8.47 per sq ft in the second quarter of 2012.
14 new bus routes slated for September
Minister Lui Tuck Yew said this will improve service levels for at least one in three existing buses routes.
Financial assistance powers proposed for LTA
New amendments to the LTA Act seek to authorize the transport body to hand out loans, grants and guarantees to bus operators.
New bus program to boost routes by 15%
8 out of the new 40 routes will connect major HDB towns to the city area.
CapitaLand to boost ART's Asian exposure to almost 40%
25,999sf GFA will be added to CapitaLand's residential landbank.
CapitaMall Trust may sell Sembawang Shopping Centre: Nomura
Sembawang was a drag on occupancy in 4QFY11.
Atrium@Orchard to finish renovations in 4Q12
An additional 110,000 sq ft of new retail and dining options await Singapore shoppers.
Warehouse rents surge to new highs in 2Q12
Prime conventional warehouse rents for upper floor space exceeded their last peak in Year 2008 by 17%.
CapitaCommercial Trust still haunted by vacancy risks
Good thing half the total leases expiring in FY12 have already been addressed.
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Commentary
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Liquidity crucial to stock market reform