News

You've been hacked: 6 in 10 Singaporeans ignore changing passwords

It's high time that Singaporeans learn 'good cyber hygiene'.

Prices of 30-year leasehold industrial units surge 43%

This results to $298 per sq ft--narrowing the price gap between 30-year and 60-year properties.

Singapore banks exposure to Europe not significant

OCBC with a small exposure at 1.8% of total assets would be least affected by any fallout from Europe.

Singapore Airlines' transformation hit by several challenges

Refocusing to short-haul routes and banking on Scoot for low-cost business put SIA's profitability this year into question.

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.