News
Digging overseas: Temasek grabs stake deal with Canadian miner
Digging overseas: Temasek grabs stake deal with Canadian miner
Subsidiary Ellington Investments closed the $510 million exchange with Inmet Mining to give the state investor approximately 11 percent stake.
Jones Lang LaSalle warns would be condo buyers rates may rise
Continuing low financing environment boosts sales of private housing, according to a report by Jones Lang Lasalle.
No go loan zone: Fitch toughens global RMBS ratings criteria
Naughty insurers aren't paying out full claims on defaults, and Fitch isn't happy.
Fears escalate as rent inflation hits industrial and warehouse space with rents skyrocketing 5.4 per cent in the 6 months to March
And according to research from property firm Colliers, this is a rapid rise compared to a rent increase of just 1.6 % in the preceding year.
Fishy business: China Fishery’s net profit drops 2% to US $46 million
The fish processor was hit by a closure of the Peruvian fishing grounds and the delayed delivery of fish roe to Japan.
Time for Gordon Gekko to ditch the Motorola as Kim Eng launches Android and Blackberry share trading app
Success of the stock brogerage’s iPhone app prompted it to launch on other platforms.
Empty seats: SIA load factor falls to 68.2% as new planes join fleet
Rising capacity pushed the flag carrier's overall load factor down from 69.3 percent in April 2010.
NOL still taking on losses, US$10mln sunk in the first quarter
Still, it's an improvement from the US$98 million lost during the same period in 2010, but shows the shipper still has work to do to right its operations.
Booming commodity prices push Singapore's offshore trade up 50.5% to US$700bn
And the good news is that trading jobs actually grew 18.5 % with 11,250 new jobs created.
Oops. April exports fell by 1.8% year-on-year
Don't panic yet, but the drop in non-oil domestic exports resulted in total exports growing by just 5% which is well below the 12.7% recorded in March.
Private home sales in April surged 29% month-on-month
Excluding executive condominiums, a total of 1,788 residential units were sold buoyed by steady buyer confidence seen since February.
April NODX seen to slip to 8.7%
Headline NODX is expected to record a slightly softer growth, down from 10% in the previous month.
Keppel inks US$772mn deal to 4 build jackups for Standard Drilling
Latest contracts boost value of new orders secured year-to-date to over S$6.4bn.
Retail sales surge 0.8% in March 2011
Motor sales held back the growth of retail sales as retailers of motor vehicles reported a sales decline of 15.3 percent.
Government urge SMEs to participate in productivity drive
SMEs play a critical role in Singapore's economy, said Gan Kim Yong, Minister of Manpower.
Singapore remains threat to Hong Kong in fund management
Assets under management by fund managers in Singapore have reached new high of $1.4 trillion.
Moody’s retains SingTel’s Aa2 rating for 2010
The telco’s financial metrics and liquidity profile remain robust and continue to leave its standalone rating well positioned at the single A range.
Commentary
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What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape