News

Singapore ranked 6th most expensive warehouse location globally

Rents of prime warehouse surged 18.2% to US$18.57 per sq ft per annum.

Singapore beats Hong Kong in warehouse rental growth

Hong Kong's 10.81% rental hike was surpassed by Singapore's 12.4%.

Not so happy new year: Margins seen to shrink for O&M firms in FY 12-13

EBIT margins for Sembcorp Marine and Keppel Corp are seen to drop from 21% in FY11 to 15% next year.

SGX queries Cambridge Industrial Trust on land allocation of two BTS facilities

CIT has been assigned the land at Tuas View Circuit to develop a Built-to-Suit facility for Peter’s Polyethylene Industries.

China Animal Healthcare’s delisting from SGX not finalized

The manufacturing company clarifies reports that it may be the subject of a privatisation from SGX and SEHK.

How hard can it be to get a job in Singapore?

It will be very difficult as 58% of Singapore executives won't be hiring this quarter.

NOL sailing in rough waters

ARPF fell 8.5% to US$2,799 as customers hold back on shipments due to economic uncertainty.

Busted: SMRT fined $200,000 for security breach

Investigations by LTA found that SMRT had failed to exercise the due diligence and vigilance expected of a public transport operator.

CapitaMalls Asia profit down 30% to S$36.5m

This is for the third quarter, and fingers point to the one-off provision for its Hong Kong listing expenses as the culprit. Figures look good though in terms of the first nine months of the year.

Sembcorp Marine subsidiary clinches $100mln contract for Aussie LNG firm

SMOE inks deal with Bechtel Overseas for the module assembly at the LNG facility on Curtis Island, Queensland, Australia.

September sales boost anemic home sector

A total of 2,064 units were transacted last month, a 25.8% jump from August.

SIA registers sluggish cargo growth

The airline’s freight tonnage kilometer came in flat at a marginal 0.1% m-o-m growth.

Up, up, and away: Airfares in Asia Pac to soar by 3.8% in 2012

But average daily hotel rates in APAC will range from a 1.9% decrease to a 2.1% increase in the first half of 2012.

Can the iPhone 4S boost M1’s post-paid subscribers?

The iPhone's selling power is put to the test.

Texchem-Pack's factory flooded in Thailand

The group's subsidiaries located in China and Malaysia will be providing support to TXPT’s customers.

Lower rates leave NOL high and dry

Container shipping volumes may have been up 5% for the 27 August to 23 September period but lower rates in major trade lanes continue to hurl NOL.