News
Is sweet success near for Wilmar subsidiary and Proserpine?
Is sweet success near for Wilmar subsidiary and Proserpine?
Sucrogen now awaits creditors’ approval after striking a deal with Proserpine Administrators.
75% of directors worldwide shaken by heightened risk in tax legislation
And oh, companies now fear entering emerging markets due to higher risk of tax controversy.
Singapore risks being slammed by EU bank deleveraging
And the impact on domestic credit will be significant in Korea, India, Indonesia and Malaysia.
Bailout: OCBC says SIA’s load factor worrisome
Worse, load factors of SIA Cargo and SilkAir also fell, but by how much?
Fears Singapore prime office rents too expensive misplaced
Apparently prime office rents still cheaper in Singapore than Hong Kong or Tokyo.
21% of Singapore's wealthy don't trust their kids not to blow the inheritance
Amazingly, the rest trust their kids not to blow the family fortune.
Shopping shocker: Retail sales dip 0.1% in September
As more Singaporeans have become wary of splurging, especially on big ticket items like cars.
Good news from Down Under: Tiger Airways Australia gets approval from CASA
The Civil Aviation Safety Authority of Australia said the airline can now operate a maximum of 32 sectors per day.
Private home sales drop 20% in October
As the number of transactions dipped to 1,638 from the record high of 2,064 in September.
Singapore Airlines admits capacity grew faster than demand did in October
So in which regions did SIA planes fly while not full?
The eyes have it: Asians ditch glasses rapidly for contact lenses
GfK reports that the contact lens industry grew by 15% to USD615m.
Who lost S$2.8m in Olam’s commodity financial business?
It recorded a quarterly loss of S$2.8m versus 1QFY11’s S$4.4m profit.
ComfortDelGro bus shocker: Singapore buses actually lost money last quarter
Ready for a fare raise?
Tax talks: 75% of companies worldwide shocked by more aggressive tax audits
Better beware as 97% of tax administrators say they will increase focus to scrutinize tax transactions in the next three years.
M1 vows to fight $300,000 IDA fine
The Telco says IDA got its facts wrong and refutes the IDA's findings.
ComfortDelGro profit up 12.5% to $69.1m
Its 3Q $877m revenue would have been stronger had it not been for the negative translation effect of the weaker Sterling Pound, Renminbi, and Dong.
Commercial investment sales plummet 53.1% to S$848.3m in 3Q11
The sector accounted for 18.8% of total investment sales in the quarter.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape