News

Here's why GEH's profit plunged from S$263m to S$81m

Great Eastern Holding's non-par fund profits declined to a mere S$2m.

Here's why GEH's profit plunged from S$263m to S$81m

Great Eastern Holding's non-par fund profits declined to a mere S$2m.

Singapore banks' diversified portfolio beats ASEAN banks

June loan growth is on track to meet CIMB's full-year estimate of 13-14%.

New businesses established dip 0.8%

Good news 66% of these young firms are purely Singaporean-owned.

Thai Beverage gets go-ahead on F&N shares

The company obtained waiver from SGX that enables it to have a say on F&N's Heineken offer.

Stagflation looms in Singapore

Here are two charts to prove that Singapore will be home to the weakest growth and one of the highest inflation rates in Southeast Asia.

Condo site at Tanah Merah Kechil Road drew strong interest

A consortium formed by Fragrance Group and World Class Land  topped 12 other contenders at $285 million or $676 per sq ft per plot ratio.

Pressure rises in F&N's Heineken dilemma

Decision on the 40% stake will be made on Friday but here's what analysts have to say on the issue.

Loans continued to slow from Sept 2011 peak

Loan-to-deposit ratio at 91.9%, the highest since 2001.

Agribusiness sector to reap depressing profits

Wilmar, Noble and Olam earnings are expected to fall 15-21%.

CapitaLand hits a whopping 254% surge in residential sales

This is just in Singapore while sales in China registered a 218% rise.

Chart of the Day: Take-up of shoe-box units accounts for 19% of new sales

Take-up of units smaller than 50 sqm accounted for 19% of new sales in the second quarter, less than the 27% in the previous quarter.

Only net 1% of Singapore manufacturers see a second half rebound

13% of manufacturers expect business conditions to improve compared to the 12% who predict further deterioration from Jul-Dec 2012.

Precision engineering least upbeat in raising output

Manufacturers confessed in a new survey that they expect fewer orders of machinery and sluggish exports of precision modules & components.

6% of manufacturers to axe employees

A scanty 1% of them see business improvement ahead.

Singapore lagged HongKong in world's top investment locations list

Singapore ranking in Q2 jumped to 7th from 21st but it fared below tight rival HongKong.

Low-income Singaporeans to benefit from housing grants

First-time buyers with income $1,500 and below may purchase 3-room standard flats.