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Well that’s not hard to believe as cardholders swiped it for a whopping 1,483m purchase transactions.

You can well blame it on poor trading and investment income.

Its subsidiary was sued by one unhappy customer last year, and the claim was dismissed by the High Court - but now the Court of Appeal just overturned this decision.

Blame is thrown at the volatility of the financial markets which had an adverse impact on the bank’s trading income.

Looks like blood is truly thicker than water when it comes to investment decisions.

The company cited lower profit contributions from dry bulk shipping and shipyard operations as the culprit.

Stricter bank regulations and increasing bank debt costs might just take its toll on the REITs’ finances, so beware.

But you can still keep your hopes high on this one sector which is most optimistic about employment opportunities.

Looks like banks and investment houses have to work extra hard as 85% of rich Singaporeans prefer to make investment decisions on their own.

Manufacturing PMI remains stuck in contraction territory for October despite climbing to 49.5.

Well you'd better be as you’re bound to get more wage hike than your Hong Kong counterparts - isn’t that great?

Singapore’s only listed road firm is riding on the building boom with a S$433m order book.

The acquisition makes SPH Magazines the trademark owner of The Women's Weekly and CLEO in Singapore, Malaysia and Indonesia.

Loans increased 10% during the third quarter to S$186b amidst broad-based corporate borrowing across the region.

But most may just be empty houses as vacancy rates increased to 5.8% - so where have all the residents gone?

It’s a grim outlook for the next six months -- but which sector is the most pessimistic?