News

Singapore Corporate Governance Code revised

Singapore Corporate Governance Code revised

Rules on director independence, remuneration and disclosures have been tightened to instill confidence in capital markets.

Rail Corridor set for infrastructure upgrades

Improvements are imminent as the Urban Redevelopment Authority tries to develop the Rail Corridor's event spaces.

SMRT bus business hammered by higher costs

Revenue is increasing at a respectable 5% pace but faster-rising operating expenses are eating up potential profits.

Singapore is Asia's lone "hyperconnected" state

The Lion City retained the position for the third consecutive time and is the only Asian country in the top 10 this year.

Ho-hum months ahead for the services sector

No jumping for joy among service businesses with only a net weighted 6% looking forward to better prospects over the next 6 months.

Asian travelers fuel 13% spike in tourist arrivals in SG

The number of tourists that flocked Singapore in 2011 soared to 13.2 million.

Inflation impacts only a minority in Singapore

MAS reiterates that inflation has little effect on those that own homes and do not pay rent, and those that are not new car buyers.

Chart of the Day: Europe tops sources of foreign direct investment in Singapore

European investors accounted for 36.7 percent or $227 billion of total foreign direct investment.

SMRT's earnings derailed by repair and maintenance

The reported earnings of SG$141.5m for FY2012 was not so bad, if only it did not represent a dip of 12%.

Real estate firms fear business decline

Survey shows a net weighted balance of 23% of firms in the real estate industry anticipate a less favourable business climate in the coming months.

Hoteliers expect happy days ahead

The accommodation industry predicts higher business activity until September 2012.

Will ka-ching ring loud enough for retailers?

Higher sales are expected with the Great Singapore Sale, but firms are not very optimistic especially retailers of motor vehicles.

How solid are growths in Asian economies?

Growth in countries like Singapore may have persisted owing to tremendous local stimulus, but financial markets remain tightly linked across the globe.

Manufacturing bullish for next two quarters

The struggling sector puts on its rose-colored glasses in a survey as it sees "better business conditions" to prevail until September.

SingPost rebound will take time to brew

It could take as much as three years before the company could rise out of the earnings red, predicts DBS.

Singapore's unemployment rate up to 2.1% in 1Q12

The talent market remains tight with companies needing to remain focused on acquiring skills.

"Shoe box units" a big hit among home buyers

Total primary sales of homes rose strongly +83%QoQ in the first quarter of the year on the back of buyers’ preference for units of less than 30 square meters.