News

CEO stops in her tracks: SMRT accepts offer of resignation

CEO stops in her tracks: SMRT accepts offer of resignation

Saw Phaik Hwa will however assist the investigation teams and the Committee of Inquiry reviewing the causes of the train operations disruptions.

Luxury condos in district 9, 10, 11 hammered in market downturn

They’re the only segment with prices below the peak in 2007.

Singapore’s gross gaming revenue could hit US$7b

MBS has overtaken RWS as the market leader with 52% share of GGR.

DBS investigates fraudulent withdrawals

The bank assured customers will be fully compensated for any fraudulent transactions within 24 hours of notifying DBS.

Orchard Road ranked the most attractive avenue in the world

Fine nation approach pays off: most appreciated were the 'flawless cleanliness' of its pavements.

Economic collapse in 2012? Not just yet

What's preventing a total economic meltdown last seen in 2008?

It's official: Singapore drivers worse than Hong Kong counterparts

Survey shows drivers in Singapore are more likely to go through an amber light.

Singapore economy expected to be weak: OCBC

Manufacturing holds the key, and it is looking shaky.

SGX securities trading dried up in December

Double-digit dips across the board from turnover to daily average value traded.

Singapore real estate investments still kicking overall

Only because government sales offset faltering private sector sales in 2011, says DTZ.

December PMI rebound not enough to kickstart recovery

Purchasing managers index rallied in Asia but it needs a sustaining catalyst, says HSBC.

Beware of technical recession: OCBC

Fears stoked as government reveals a slower 3.4% qoq growth pre-estimate for Q4 2011.

No silver lining for Singapore economy in 2012

Weak Q4 economic preview data is precursor for an even slower 2012, says HSBC.

CapitaLand and CapitaMalls could prevail in China

OCBC rails against the negativity leveled on both companies' China strategy.

Private home prices rise to an all-time high

URA’s flash estimate shows overall prices rising more than 16% above its 2Q08 peak.

Singapore’s economy slows to 4% in 4Q11

As the country’s manufacturing hits a slump, having shrinked by 22% in the quarter.

Mortgagee listings plunge 83% in 4Q11

Sluggish activity indicates that auctions are no longer an exit strategy for distressed properties.