News

SG’s inflation profile among the worst in Southeast Asia

SG’s inflation profile among the worst in Southeast Asia

Policymakers are struggling to curb the high domestic inflation, with the April headline number expected to register at 5% YoY.

Domestic wholesale trade up by 3.4% in 1Q12

But after adjusting for price changes, domestic wholesale trade actually decreased by 3.9% over first quarter 2011.

Tiger Airways Australia seen to continue its losing streak in 1Q13

Profit will only pick up once the carrier’s new hub in Sydney starts operations in July 2012, an analyst said.

75% of Singapore firm revenues now sourced abroad

This is a marked increase from 65% in the previous year and shows how expanding overseas is the best way to grow.

Wilmar recovery in jeopardy as China capacity persists

It will take up to three years for the current crushing capacity to ease which will prevent Wilmar from raising its margins.

Tiger Airways will roar back in 2013: CIMB

Stronger yields, higher fleet utilization and wider regional expansion are all in the cards for what could be the airlines' comeback year.

Ahoy, cruise ships: Marina Bay Cruise Centre Singapore ready for docking

The 28,000-square metre MBCCS can handle 6,800 passengers at any one time and makes it possible to cater to the world’s largest cruise ships.

Singapore still ranked as Asia’s Top Convention City in 2011

Singapore has retained its spot as the only Asian city in the Top Five Convention Cities in the world alongside Vienna, Barcelona, Paris and Berlin, since 2006.

Banned! 80 stop-sale advisories issued

The government ran a test on 550 products to date to address safety concerns on consumer goods.

ComfortDelGro sells entire stake in Shenyang subsidiary

The divestment is worth approximately S$50 million.

Tiger Airways' return to profit hinges on two-fold action

It will need to save its Singapore operations from the red and ramp up utilization in its promising new Australia base, says PhillipCapital.

Transport equipment leads foreign wholesale trade rebound in 1Q12

The sector alone recorded an impressive 29.1% qoq growth due to booming offshore trade in the first quarter.

In face of loss, Tiger can find hope Down Under

The carrier is scaling up its operations with the opening of a second base in Australia despite reporting a net loss of S$104m for FY12.

More Singapore SMBs securing data with virtualization

81% of the companies surveyed reported improved preparedness against acts of god and other disasters with server virtualization.

Ascott websites get smartphone-friendly

Ascott’s brand websites become tech-savvier with their new online chat facilities and touchscreen-friendly icons.

Scoot to possibly tie up with Tiger

Do you wonder how the two LCCs will complement one another?

Mayday, mayday: Tiger Airways reports net loss of $104.3m

Tiger Airways Singapore's operating loss is at $16m, driven by excess aircraft capacity in the fleet and higher fuel prices.