News

Keppel Corp subsidiary acquires Malaysia data centre

Keppel Corp subsidiary acquires Malaysia data centre

Securus Fund purchased an 80% stake in a Selangor-based facility to nab a slice of the fast-growing data centre market.

More housing supply to drag on price and rental outlook: DBS

Developers’ margins are likely to normalise going forward with increasing public and private housing over the next two years.

Not hiring! Job openings declined by almost 10% in Q1

After adjusting for seasonality, job vacancies are down to just 50,000.

Primary home sales thrive on OCR projects

70% of the sales in May was from Singapore's mass market.

Singapore first to release sustainability performance data in Asia

The ever-efficient Singapore is the 5th fastest globally and fastest in Asia in terms of timeliness of sustainability disclosures after the Q4 year-end.

Cost of financial advice matters less to consumers

Consumers in Singapore are willing to pay no matter what it costs for an advisor who exhibits good knowledge in financial services.

Here's why bosses should not fully trust their IT specialists

 Nearly half of Singapore’s IT Leaders do not even know when to update corp apps.

Singapore second most favorite destination in Asia for travelers to splurge money

What foreign group do you think tend to be the biggest spenders in Singapore?

Hotel occupancies to suffer from oversupply of rooms

Revenue per available room could then drop to SG$227-229 in 2013F-2014F after hitting a new high in 2012.

Home sales volume sets record low

Not only is it the lowest achieved this year but it also breaks the streak during which sales volume of private homes breached the 2,000-unit level since February.

Parcel business could deliver SingPost from mail decline

Quantium Solutions and vPOST will leverage on SingPost's regional footprint and already analysts are seeing growth prospects from these investments.

Restaurants, cafes and canteens tanked their April sales

Restaurant receipts slowed 3.3% while cafes and canteens dipped 2.5% as the F&B sector as a whole crashed 1.9% m-o-m.

Chart of the Day: Government keeps housing supply steady

Recently announced sites can yield a total of 14,200 residential units.

Singapore start-ups in Beijing get fresh government backing

Entrepreneurs venturing into the popular Chinese investment hub can consult with the new overseas chapter of the ACE.

New home sales to struggle with double-digit declines

Sales are likely to drop significantly in the second half of 2013, says Savills.

Hotel occupancies at a high of 87%

Major MICE events in April saw more tourists checking in Singapore hotels.

Private home sales plunge 31% to 1,702 units

New launches are unable to sell more than 50% of their units in the initial launch phase.