News

Anxious Singaporeans expect 4.45% price hike

Looks like Singapore households would be cash-strapped for another year.

Anxious Singaporeans expect 4.45% price hike

Looks like Singapore households would be cash-strapped for another year.

Top 3 reasons why Singapore property beats rival HongKong

UOB Kay Hian expects sales volume to slow down by 10-15% in 2012 but here's why Singapore property still tops ASEAN market.

HDB resale price index inches 1.3% higher

Resale transactions also rose by 19% to 7,000 cases in 2Q12.

F&N breathes sigh of relief with Heineken offer extension

The deadline for acceptance of Heineken offer was moved to 3 August.

Dairy Farm shocks competitors with 149 new stores

The unexpectedly robust expansion led to an 8.3% profit rise for 2Q12.

Singapore Airlines slacks off in bringing tourists

Singapore's visitor arrivals by air grew 13.6% but SIA's passengers grew only 6%.

Developer fatigue becoming more obvious

Recent mass market tenders receive only 5-6 bids.

Policy measures targeting shoebox units cannot be ruled out

Shoebox units now accounting for 27% of total sales as of 1Q12, up from just 15% in 4Q11, raised the alarm.

Oversupply of private homes looms in the next 3 years

Annual supply of more than 13,000 units to outpace usual demand of 10,000, says UOB Kay Hian.

NOL's cost-cutting makes scanty US$100m savings

This is just around 20% of the line's full-year target of US$500m.

Home sour home: prices of private homes up 0.4%

Even rentals increased by 0.3% in 2Q12, said URA.

Chart of the Day: COE premiums and housing rentals continue to rise

Prices are unlikely to ease off as quickly as hoped, says OSK-DMG.

Biomedical single-handedly lifts June manufacturing to 7.6% growth

The cluster's commanding 54.4% expansion pushed Singapore past its 6.6% output performance in May.

Import and tariff policies put up for negotiation

Singapore's trade ministry has signaled intent to possibly amend trade policies related to its strict SPS measures and tariff lines.

6 in 10 businesses snub sporting events

These businessmen are neglecting 391m potential clients.

CapitaMalls 2Q profit up by a whopping 40.7%

Profit after tax and minority interests (PATMI)  rose to S$232 from the S$164.9 million for 2Q 2011.

June industrial production results surprise on the upside

Data just released today was a sharp improvement at 7.6% yoy compared to market expectation for less than 3%.