News

Check out why Raffles Education braces for waves of losses

Check out why Raffles Education braces for waves of losses

Looks like the restructure of its Vietnam operations will leave the group cash-strapped.

Singapore can tide through, says DPM

Mr Tharman Shanmugaratnam described Singapore’s unemployment rate as “extremely” low.

You won't believe but banks are facing revenue headwinds

The banking sector's net interest income in 2Q has shrunk for the first time since 4Q09.

Golden Agri profit slumps 19% to US$453m

The smaller earnings point to lower crude palm oil prices and poor sales.

UOL profit crashes 19% to S$171.7m

Blame it on lower income from property development and expensive marketing.

Genting Singapore 1H12 profit down 27%

The two recently approved junkets and the new  Equarius Hotel & Beach Villas failed to attract  higher net worth customers.

Tiger Singapore passenger carriage dips 3% to 339,000

Even TIger Australia carriage crashed by a whopping 53%.

Chart of the Day: NODX eases on weaker external demand

Plain and simple, risk is on the downside, says DBS Group Research.

Here’s how OUE office spaces are priced

DBS Towers is the cheapest of the three topnotch commercial buildings at $5.70 psf/month.

Singapore trade slows to 2.9% in 2Q12

Seasonally adjusted, external trade declined qoq by 3.1%.

Government trims 2012 trade outlook after rough 2Q

IE Singapore now expects total trade to grow at a milder 3%.

Official GDP outlook narrowed to 1.5 to 2.5%

Lower band raised from 1.0% while upper band lowered from 3.0%.

Fraser and Neave profit down 16% to $185M

3Q12 decline wasn't due to weak operations though, the F&B firm insists.

Labor productivity contracts for the second straight quarter

Productivity still contracted though unemployment edged down to 2%.

4 in 7 service clusters dipped in 2Q12

The accommodation sector registered the biggest slip of -5.8%.

MAS likely to focus on inflation than on exchange rate policy

DMG expects MAS to maintain its policy stance of a modest and gradual appreciation of the Singapore dollar NEER.