News

Junket approval won't add greatly to RWS' VIP volume: Maybank

Is this why Genting is planning to tap the Mongolian market with $2.5b of perpetual bonds?

SPH profit up 11.6% to $84.1m

Singapore Press Holdings sure is happy with its rental income which rose 21.6% to $48 million.

Chart of the Day: Retail sales index showing consumer resilience?

Amidst global economic woes, 2012 is still looking to be a positive year for retail sales.

Retail sales rose 19% yoy in February

Car sales singlehandedly rallied the retail sales index from a tepid 1.8% yoy growth last month, but what's the big caveat?

Why did F&B receipts crash last month?

F&B sector grew only 4.2% yoy in February as Singaporeans avoided restaurants, fast food places and caterers.

Wilmar margin squeeze to ease soon

Profit-battered segments like palm & lauric and oilseed & grain could rebound as crush margins clear the red.

ST Engineering growth pinned on US defence contract win

Its participation in the US Marine Corps program could help it clinch a lucrative 700-vehicle order.

Why did the Singapore office market thrive in 1Q12?

Colliers says additional buyer’s stamp duty imposed in the residential sector had investors looking for alternative asset options.

Singapore tightens monetary policy

It’s the first country in Asia to do so in 2012.

DBS launches electronic securities application service

Now customers can subscribe to IPOs even while in bed straight from their smart phones.

Chart of the Day: Value of Grade A office space in Raffles Place/New Downtown area holds firm

Owners of Grade A office spaces have robust sales activities to thank.

Did Singapore's economy fare well in 1Q12?

As manufacturing headed south by -2% and construction grew by 6.2%, the Ministry of Trade and Industry estimates expansion.

Keppel O&M closes in on $4.12 billion in rig contracts

Sete Brasil has signaled an intent to purchase five new semisubmersible drilling rigs on top of the one ordered last December.

Singapore loses to Thailand in online shopping

Survey respondents from Thailand report an 80% likelihood to buy online while mobile shopping in Singapore declined 10%.

Lull's over: Retail leasing up in 1Q12

CapitaMall Trust's Jcube was more than 90% taken up when it opened for business in April 2012.