News

SPH net profit sinks 11.5% YoY

But the S$99.8-m decline sees hope in the growing rental income.

SPH net profit sinks 11.5% YoY

But the S$99.8-m decline sees hope in the growing rental income.

Tech sector revenue to crash 1.2% in Q2

Net earnings are likely to plunge 26% YoY amid demand decline.

Singapore's earnings growth to rebound to 14% in 2013

Good times are back after a weak 5% growth over the past 6 quarters.

Hungry ghost festival to haunt private home launches

Who will buy the 10,000 new homes in 2H12?

Venture's net profit to slump 19% to S$33.7m: DBS

Sales are also expected to drop 9% to S$571m in 2Q12.

Private home sales plunge 16% in June

This is the worst month in 2012.

Readers deserting SPH newspapers

This is bad for the company as they will have to increase staff costs by 2.6%.

COE prices down 2.9% in June

Prices for the open category eased to SGD84,389 from SGD86,889.

Disappointing Q2 GDP reduces likelihood of monetary tightening

Nomura expects inflation to hit 2.0% in the next three months from 2.7% in May.

Negative Q2 GDP spurs more worries of technical recession

Official forecast full year growth range of 1-3% more likely to be revised downward, says Nomura.

Chart of the Day: Rents for non-landed properties steady at S$3.53 per sq ft

Island-wide median rents for landed homes meanwhile continued to rise reaching S$2.63 per sq ft per month.

Retail sales index shrinks another 2.7% in May

Weakness was felt across the board as all sub-sectors save for furniture & household equipment declined m-o-m.

SPH takes on a more conservative stance on portfolio assets

Chief executive Alan Chan said that the uncertain economic environment forced the firm to lower its risk profile.

City Developments most vulnerable to policy risks

CDL plans to launch only three projects for the rest of the year.

3 in 4 Singaporeans flash two thumbs up at economic status

Singapore ranked second in the economic situation poll; guess which country ranked first.

More than 100k Singaporeans banned from entering casinos

Regulatory constraints dominate over the upcoming renewal of the two casino gaming licenses in 1H 2013.

UOL to launch residential component of The Esplanade in 2012

Nomura only expects three projects to contribute to UOL's earnings beyond FY13.