News

15,000 more Singaporeans banned from casino gambling

These low-income, aid-reliant individuals can't risk losing what little money they have, says the government.

Cost-cutting halves Singapore bankers' notice periods

Three months of paid notice is now the standard instead of the once luxurious six-month "gardening leave".

Chart of the Day: Singapore yards bag 41% of market share

Yards in Singapore have consolidated their position in top five rig builders, says Macquarie.

Singapore not among entrepreneurs' top choices in creating the most jobs

Surprisingly, Singapore is not a top choice for the 44% of entrepreneurs who expect to increase their workforce outside of their headquarters country.

DBS unveils instant mobile rewards redemption service

DBS Rewards mobile app allows cardmembers to instantly redeem their rewards in over 1,000 outlets in Singapore.

IATA mulls on revising down $3b profit forecast for aviation

Euro woes affecting Asia's export on top of the consideration.

Ascendas REIT unit price performance above market average

Outlook for Ascendas REIT 'sanguine' despite gloomy outlook for industrial rents.

SingTel slashes data caps from 12GB to 2GB

Other telcos may follow suit as StarHub is also rumored to be cutting its single-tier 12GB smartphone and iPhone plans.

COE prices in 3 out of 5 car groups down marginally

Does this signal a sustainable downtrend in succeeding months?

Will fast-growing CRCT still defy the downtrend?

The Singapore-based REIT believes it can continue its growth streak as its China malls benefit from rabid consumer spending.

Chart of the Day: Worries about waning copper demand pressurize prices

The Singapore Mercantile Exchange says renewed euro zone debt fears are adding to the downward bias.

CapitaLand to get $50m from the sale of its serviced residence property arm

Citadines Ashley Hong Kong will no longer be CapitaLand's subsidiary upon completion of the agreement by 31 October 2012.

Aalto at Meyer Road slow to sell remaining units

The property at D15 was launched 4 years ago but still has four units left unsold.

Supermarket shortage seen in Singapore heartlands

Some estates have only one supermarket catering to 40,000 people - operators better capture the demand.

Underdog no more: FairPrice and Dairy Farm get competition with Sheng Siong

It may have the smallest market share of 18%, but it is the most efficient with revenue per sq m 40% higher than NTUC FairPrice.