News

Penny-pinching: Keppel Land dodges from bidding

Penny-pinching: Keppel Land dodges from bidding

Keppel Land was a notable absentee at the bidding for the 2.2ha residential site beside its property The Luxurie.

Tiger acquires 40% stake in Philippines' SEAair

Management mulls on introducing new routes to the network.

Bumpy ride ahead for the land transportation sector

OCBC Investment Research says difficulties will remain as beneficial effects from fare revisions will not be felt this year.

'Singapore is not a tax haven': High Commission

The High Commission of the Republic of Singapore issued a statement pointing out inaccuracies in a Nanyang Siang Pau article.

Is the Singapore fare formula fair?

A newly formed Fare Review Committee will investigate and possibly propose the lowering of public transport fares.

Which Singapore airline was most on-time in May?

Tiger Airways takes the top spot with a 90.71% on-time departures and zero cancelled flights.

Chart of the Day: Investors' position in Singapore reduced

Consensus earnings growth estimates were revised down, says Morgan Stanley Research.

Ascendas turns an unsolicited enquiry into a whopping $32m sale

But the sale of the 2-storey warehouse at 6 Pioneer Walk will drag A-REIT's proforma net income by S$1.78m for FY11/12.

Average rents for high-specs industrial space down to S$3.50 psf per month

REITS on hunt for accretive purchases amid low interest rates.

S-REITS hurt by collapsing Euro

Find out S-REITS tagged as 'worst' performers in terms of future returns and are unlikely to ride through turbulence.

Location location: Singaporean staff won't work in ulu offices

A survey conducted by Jones Lang LaSalle yielded that real estate affects a company's talent pool and employee retention rate.

Chart of the Day: Loan pace turns sluggish

Loan growth in Singapore banks is projected at 12% for 2012.

Crumbling office rents take a breather in Q2

Grade A office landlords are holding fast to their rent prices and has helped arrest continued steep declines.

Scoot's first two aircraft now have names

Wonder why it has to be "Goin’ Scootin" for the first aircraft and "Barry" for the other?

Sengkang Square tender attracts few offers

The site only had five bids compared to the 12-party contest for Tuesday’s tender for the condo site at Jurong Gateway.

Sky-high credit card rates pose bigger threat to the banking industry

Bank loans and deposits moderated in April but It's the credit card charge-off rates now inching closer to their 10-year average of 5% that concern analysts more.

Chart of the Day: What you need to know about loan growth in Singapore

Driven by business loans, loan growth continued to moderate as expected.