News

Unemployment rate of 2% the lowest in 14 years

Unemployment rate of 2% the lowest in 14 years

But there is still a shortage of talent across the board as companies look to hire experienced and skilled staff, according to Randstad.

Property investment company Hong Fok Corp responds to SGX queries

The company denies knowledge of any information regarding a substantial increase in the price and volume of its shares, but discloses a potential property redevelopment along Orchard Road.

Tender alert: Balestier redevelopment sites up for collective sale

The indicative price is in the region of $68m for Parcel A and $81m for Parcel B, subject to the tender process.

The worst may be over for Tiger Airways

Tiger's profit slips again in Q3 with both cubs in Singapore and Australia in the red but analysts see silver lining.

CapitaMalls subsidiary issues clarification re growth rate

The clarification involves a Business Times article published on 28 January 2012.

Singapore throws $750 million at flood and drainage problem

It will be spent in the next five years on canal capacity expansions and better flash flood safeguards.

SingPost’s net profit drops 5% to S$42m in 3Q11

The country’s postal industry struggles for survival despite dipping mail volumes.

How will the EU bank deleveraging affect Asian credit?

It would probably dry up a source of wholesale FX funding for banks and impede their ability to offer FX loans to clients, and Singapore is not an exception.

Been waiting for more stringent standards for 3G mobile services?

Well, the long wait is over as IDA raises the minimum quality of service standards effective 1 April 2012.

What you need to know about investing in strata offices in 2011

Should you make the move from residential to office property investment this year ?

Outlook for secondary market worsens

Guess what else is giving the secondary market trouble aside from buyers’ growing wariness.

Tiger bites into Indonesia’s Mandala

The restructured Mandala will adopt the Tiger Airways business model following completion of the Singapore-listed airline’s 33% investment.

How much will renters pay at SPH's new mall?

DMG makes an estimate on the average passing rent for the newly awarded Sengkang site.

Brisk home sales only temporary: DMG

There's no escaping a 20% decline in primary home sales in 2012 despite a Chinese New Year surge.

What every investor needs to know about Singapore companies

Turns out fearful investors are also worried about being left behind in rallies.

OCBC Securities issues apology to customers

Assurance was also given that all customer data was protected with appropriate security measures throughout the period of service disruption.

Rentals for office space up 0.3%

Said increase in 4th Quarter 2011 however was lower than the 0.9% increase in the 3rd Quarter.