News

Singapore Exchange slides in profits

Singapore Exchange slides in profits

Net profit down to $65.4 million from $74.2 million in the same quarter last year.

Noble Group set to name new CEO

Founder Richard Elman said the vacant executive helm will be filled up soon.

Private home sales plummet 63% in December

The Additional Buyer’s Stamp Duty has nearly paralyzed sales activity in the market.

Berthing soon: SG’s newest hub for cruise ships

The world’s largest cruise ship, the Royal Caribbean’s Oasis of the Sea, will be able to dock at the International Cruise Terminal once it opens this year.

Fast food, cafes and canteens losing patrons

November 2011 receipts declined for these dining places from month-ago levels.

Singapore retail sales slowed to 6.4% in November

All but one sector reported lower sales, guess what?

Hong Kong beats Singapore as freest economy

Ten economic freedom factors were assessed, and Hong Kong bested others in terms of financial and trade freedom.

DBS Bank’s 4Q11 profit seen to slip due to lower investment income

An analyst pencils in close to S$3b profit for the bank due to weaker net income on financial investments.

Don’t celebrate just yet as challenges remain in banking

Cumulative loan growth for the three banks is expected to decelerate to 10% from 27% in 2011.

Port of Singapore just won't sink

Vessel arrival tonnage and container throughput grew in 2011 despite recession woes.

Where have the ads in SPH gone… again?

Print advertisement revenues dropped 1.2%, with both display and classified ads down.

Residential prices will erode till 2013: BAML

Expect a 12.5% decline in 2012 and a subsequent 8% fall in 2013 for Singapore housing.

Time to own the first BTO flats of 2012

3,923 new apartments now up for grabs with priority for first-timer households.

Why Singapore firms need to go global

lnternational expansion is leading to higher revenues and profits compared to staying domestic, Regus observes.

Morgan Motors appoints its first dealer in Beijing in over a century

The British automotive company is setting its sights on China as a potential engine of growth.

Fewer barbarians through the gate

Survey says businesses are hit by tightening in foreign worker inflows.

Hold the presses: SPH rental income steadies media ship

The bad news is newspaper and magazine revenue declined.