News

Uh Oh! Singapore heads towards recession in 3Q12

The third straight month of tech decline in August is a major drag, warns CIMB.

Uh Oh! Singapore heads towards recession in 3Q12

The third straight month of tech decline in August is a major drag, warns CIMB.

Smaller investment landlords drove acquisition activity in 3Q

Total acquisition value for 3Q is estimated to reach $182m, far exceeding the $66m in 2Q.

China beats Singapore as most preferred destination for business elites

Come to think of how much Singapore is losing to China if each business elite spends at least USD3,000 per leisure trip.  

Chart of the Day: Unemployment rate higher for lower-skilled workers

Lower-skilled Singaporeans are less internationally mobile and will be more affected when growth slows.

ThaiBev, TCC Assets vehemently refuse F&N's capital cut plan

Both groups hold an aggregate stake of ~30.66%.

Manufacturing output slips 5.4%

That's excluding data from biomedical manufacturing.

Don't count on a manufacturing rebound this September

Output weakness will persist based on August's mellow manufacturing PMI, says Maybank.

Singapore at risk again of technical recession: OCBC

At the pace industrial output has been contracting the possibility rises anew.

As industrial output falters, no more Mr. Nice MAS

Singapore's central bank could combat weak growth tendencies with more aggressive policy.

Why you might want to consider booking a hotel room far more in advance

OCBC exprects demand to outsrip hotel room supply over the next two years.

Singapore's overseas acquisitions in Indonesia reaches a record high of US$9.4b

This is because of DBS' acquisition of Bank Danamon that reached US$7.4b.

Singapore most preferred city for international meetings

Guess which other countries made it to the top 10 list.

Changi boosts European route capacity by 54%

Thanks to a new daily service between Zurich and Singapore from May 2013.

This is what drives Singaporean workers to have babies

3 in 10 said shorter 9am-5pm workdays will motivate them to procreate.

Check out these possible bidding results for the 3 GLS sites launched for sale

An analyst reveals his expectations of the winning bid and number of bidders for each site.   Here are the comments from Png Poh Soon, Head of Research at Knight Frank Singapore:   1. Sengkang West Way / Fernvale Link (Parcel B) (EC) Expected winning bid : $295 to $310 psf ppr Expected selling price : $720 to $750 psf Expected number of bidders: 5 to 7 bidders Although located 2 km away from Sengkang MRT station, this site encompasses some positive attributes, such as its close proximity to Sengkang Riverside Park with park connectors to Punggol Waterway, and well-connected to Tampines Expressway. More activities are expected in this area over the next 1 to 2 years upon completion of the nearby HDB estates, H20 Residences and other facilities, including Aerospace Park slated for completion next year and The Seletar Mall at Fernvale LRT Station slated for completion by the end of 2014.  2. Pasir Ris Drive 3 / Pasir Ris Rise (EC)

Get a glimpse of Orchard retail area's revamp plans

Prime retail rents slipped to $37.66 psf pm.