News

Disappointing industrial production figures loom

Disappointing industrial production figures loom

Analysts project overall industrial production output to have shrunk by 10.7%, based on the significant decrease in non-oil domestic export growth.

Chart of the Day: New home sales up to 6,682 units in Q1

The new high surpassed even the full-year sales of 2000, 2003, 2004, and 2008.

Will Scoot bite into Tiger Airways' market share?

Upstart carrier announces S$88 Singapore-Bangkok fares that may well steal steal passengers from its pricier sibling.

Can Singapore become Asia's leading IP hub?

Government seems to think so with a new IP Steering Committee formed to galvanize IP services development.

Residential sales boom in Q1

Home sales rocketed a record high of 6,682 units despite cooling measures and a gloomy economic outlook.

Changi handles highest number of passengers ever in March 2012

Passenger traffic for the month increased 15.3% year-on-year.

SMRT’s apology to cost S$900m

Following service disruptions that inconvenienced commuters, SMRT announced its assets renewal and upgrading plans.

Tourist arrivals in Singapore to boost CapitaMalls Asia's retail sales

With a forecast of 14.5 million tourists this year, CMA expects more people to shop till they drop.

Higher foreign labor costs to hurt local consumers

With the tightening in foreign labour policy, wage cost pressure will keep core inflation elevated at around 3-3.5% level.

Surging COE premiums to drive inflation in the coming months

The hike may be due to the government's target to decrease car population growth rate from 1.5% to 0.5% per annum.

Chart of the Day: Singaporeans are living longer

Life expectancy has improved steadily over the last three decades from 72 years in 1980 to 82 years in 2010.

Maritime industry survival hinged on innovation

Singapore minister says it is the only way firms can overcome brutally low demand and steep fuel prices.

Tax policies to play a significant role in Singapore's economic growth

Higher tax collections and modest spending initiatives are paying off as Asia-Pacific economies like Singapore reflect a steady growth rate between 5% and 6% per year.

Singapore households expect inflation to fall next year

Inflation expectations over the next one year was in fact at its lowest at 4.2%.

Offshore engineering to cause trouble for COSCO?

COSCO's inexperience in building tender rigs, jack-ups, and drillships may cause volatility in its earnings.

Chart of the Day: What you need to know about inflation in March

Accommodation cost, which jumped 9.8% yoy in March, remained the single largest contributor.