News
Three residential sites up for sale
Three residential sites up for sale
The Urban Redevelopment Authority has released residential sites at Boon Lay Way, Simei Street 3 and Stirling Road for sale, with potential yield of about 1,180 housing units.
SingPost to issue S$200mln notes
SingPost is said to be the stock to watch after the postal services operator announced its plan to issue S$200 million worth of 10-year fixed-rate notes.
ACRA and SGX ink guidance for stronger audit quality
ACRA believes that an effective audit function is a key pillar of a sound corporate governance.
Regulatory risk tops list of threats to business
Managing talent and dealing with emerging markets fastest risers in annual risk radar.
June home sales down to 847 units
Despite stronger than expected growth in GDP estimates for 2010, buying interest is seen to remain selective.
M1's H1 2010 profit up 1.5% to $80mln
The company will exploit new all fibre network technology to draw more retail and corporate customers.
Q2 global real estate investment doubles to $66bln
In Asia Pacific there was 39% increase in investment volumes in the first 6 months of this year.
Tiger Airways celebrates awards with Malaysia route discount
2 top prizes from Changi Airline Awards 2010 made Tiger slash fare to 9 cents to Malaysian cities.
Singapore achieves double-digit growth even in double-dip scenario
Morgan Stanley revises 2010 GDP forecast up to 16% with potential sequential pullback on biomed.
GDP grows by 16.9% but service sector lags
The Singapore economy may have grown 16.9 percent in the first quarter of 2010, but advance estimates show services producing industries will have the least improvement for Q2.
Fraser and Neave issues clarification letter to BT
Business Times published an article about F&N’s announcement on 13 July that it is ending its deal with Boncafe International.
Singapore better for the dying than the living, surveys show
Monocle Magazine may have ranked Singapore as 21st best city to live in the world, but a new survey into the quality of death from the Economist group shows Singapore is an even better place - to die; read here.
Wealthy Singaporeans cautious about investments
Yet more than half of them still managed to grow net worth in the last six months.
Haverkamp is wrong about our consumer education: MAS
MAS refuted Larry Haverkamp’s statement on BT that its consumer education provides the industry with a platform to disseminate its self-serving views.
Cosco strikes deal to build vessel worth US$130 mln
The jack-up vessel is expected to be delivered to a European shipowner in the second half of 2012.
SPH Q3 profit up 30% to $165mln but circulation revenue down
Revenue from the Property segment rose by 43.4% but circulation revenue decreased by $1.7 million.
Tiger Airways to add 4 aircraft to Singapore fleet
Decision prompted by Asia Pacific aviation recovery and Tiger’s 52% increase in passengers.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform