News

Services sector generates higher business receipts

Services sector generates higher business receipts

Education services led the gainers this quarter with a 20.9% growth while business services tumbled 6%.

Futures trading looks promising with SGX and UOBBF tie up

The two financial giants have set up the Professional Traders Development Centre to train individuals on multiple trading strategies in the equity futures market.

No April Fool's joke: DBS says IPI may rise to 8.9%

The bank cites the rise in NODX and electronics products as reasons why the Industrial production index for April could rise higher than the 4% forecast.

Chart of the Day: Food inflation sits above historical average

It has been on a downward trend this year however, falling to 2.4% in April.

SIA Engineering margins dip, but growth outlook still bright

Steady demand seems locked in for the aircraft maintenace firm as the global air fleet pumps up capacity.

It’s all in the family: 60% of customers willing to pay more at family-friendly businesses

4 out of 4 businesses noted an increase in revenue after implementing family-friendly measures, according to a survey.

Healthy rebound for April industrial production seen

A bank expects industrial production to have rebounded to more than 14% yoy growth from March’s dismal figure.

67% of Singapore SMEs wants to grow overseas presence

Southeast Asia and China are key markets Singapore companies are looking to expand to, according to the survey by the International Enterprise Singapore.

Spike in home prices push up April inflation to 5.4%

The housing sector accounted for 52% of the gain in last month’s CPI.

SGX may get short-term boost from F1 IPO debut

The upcoming public offering of Formula One may lead to some temporary ADT strength for the bourse.

Chart of the Day: Are Singaporeans becoming lazy cooks?

A closer look at the Consumer Price Index reveals households are now spending less on non-cooked food items than on prepared meals.

Higher rentals push up inflation to 5.4% in April

The rise in that single category more than offset the inflation declines in private road transport cost, services and food.

Government backs wage increases, skills upgrade proposals

Recommendations put forward by the National Wages Council received the official seal of approval.

Singapore banks emerge fully resilient under stress test

Singapore banks can withstand asset-quality shocks through their earnings alone, a stress test conducted by Fitch Ratings revealed.

Eduardo Saverin’s Singapore “office” costs S$5,000 a night

Singaporeans who wish to do business with the Facebook magnate should catch him at the Filter, the country’s most exclusive club.

Despite tumbling stocks, Singapore's O&M spending upcycle stays intact

Demand for rigs is rising despite the continuing global financial woes that have hurt offshore and marine stocks.

CDL builds green with Haus@Serangoon Garden

Each of the 96 terrace houses will have a system to harvest rainwater, generate solar electricity, and convert the heat from air-conditioner to provide hot water.