News

SPH net profit plunges in 1Q12

SPH net profit plunges in 1Q12

Close to 5% dip yoy on the back of core business shrinkage and staggering forex losses.

Industrial rents stagnated in 2H11

As rental growth for industrial space eased to 4.9% in 2011.

Probe points to skimming operation: DBS

Following unauthorised withdrawals in Malaysia, investigations revealed about 400 customers have been affected.

Singapore hotels and offices hamstrung in 2012

HSBC predicts slower hotel growth and up to 15% declines in office capital values.

Will SMRT's profits be derailed?

New leadership may lead to drastic change in business focus and payout policies, says Kim Eng.

Competition heats up among Singapore telcos

Sorry SingTel, but your 0.5GB to 2GB data bundle is no match against M1’s whopping 12GB bundle.

CEO stops in her tracks: SMRT accepts offer of resignation

Saw Phaik Hwa will however assist the investigation teams and the Committee of Inquiry reviewing the causes of the train operations disruptions.

Luxury condos in district 9, 10, 11 hammered in market downturn

They’re the only segment with prices below the peak in 2007.

Singapore’s gross gaming revenue could hit US$7b

MBS has overtaken RWS as the market leader with 52% share of GGR.

DBS investigates fraudulent withdrawals

The bank assured customers will be fully compensated for any fraudulent transactions within 24 hours of notifying DBS.

Orchard Road ranked the most attractive avenue in the world

Fine nation approach pays off: most appreciated were the 'flawless cleanliness' of its pavements.

Economic collapse in 2012? Not just yet

What's preventing a total economic meltdown last seen in 2008?

It's official: Singapore drivers worse than Hong Kong counterparts

Survey shows drivers in Singapore are more likely to go through an amber light.

Singapore economy expected to be weak: OCBC

Manufacturing holds the key, and it is looking shaky.

SGX securities trading dried up in December

Double-digit dips across the board from turnover to daily average value traded.

Singapore real estate investments still kicking overall

Only because government sales offset faltering private sector sales in 2011, says DTZ.

December PMI rebound not enough to kickstart recovery

Purchasing managers index rallied in Asia but it needs a sustaining catalyst, says HSBC.