News
SIA’s systemwide passenger carriage down 3.7% in January
SIA’s systemwide passenger carriage down 3.7% in January
Due to the shift in the Chinese New Year holidays.
Private sector construction demand down 10% in 2014 on back of weak property market
Residential developers are to blame.
Exports to Hong Kong plunged 21% in 2014
Due to much lower electronics sales.
COSCO subsisting on bank loans after six straight years of negative cash flows
How much longer will this lifeline last?
Labour productivity slips for the third straight quarter with 1.5% contraction in Q4
Productivity from almost all sectors dipped last quarter.
It’s the Muddy Waters saga all over again for beleaguered Noble Group
Will a white knight come to Noble’s rescue?
City Developments profits up 12.2% in FY14
Boosted by its Sentosa Cove Quayside Collection divestment.
Singapore’s NODX recovers with a lower-than-expected decline of 0.7% in 2014
On the back of stronger electronic and non-electronic shipments.
Temasek, JTC ink mega-merger deal for four subsidiaries
Ascendas will be merged with Singbridge Group.
CapitaLand’s net profit jumped 38.2% to $1.16b in FY14
Thanks to higher revaluation gains and lower portfolio losses.
COSCO’s net profit sank 32% to $20.9m in FY14
It was hit with a $13.2m loss in Q4.
Singapore economy grew 2.9% in last year, down from 4.4% in 2013
The financial sector was the best performer.
Chart of the Day: Singapore’s 2,221 new hotel rooms to gather dust in 2015
Tourists are travelling elsewhere.
Daily Markets Briefing: STI closed flat
Expect muted trading today.
Daily Briefing: More Singaporean marriages and births in 2014; Fire at Malaysian landfill causes slight haze in Singapore
And why Thaipusam is no longer a public holiday.
Over 8 out of 10 execs consider going job-hopping this year
In spite of a conservative job market outlook.
What’s next for NOL after three straight loss-making years?
The firm is bracing for more headwinds ahead.
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