News
IATA forecasts a meager $4b profit for airlines worldwide in 2011
IATA forecasts a meager $4b profit for airlines worldwide in 2011
This is a 78% fall from the $18 billion that the airlines made in 2010.
34% of Singaporeans won’t buy properties due to high prices
And 73% of HDB seekers are willing to wait 2 to 3 years to purchase property.
Singapore’s security market to total S$67.8m in 2011
Gartner expects the market to grow by 3.3% this year.
94% of Singaporean companies don’t trust the accuracy of their contact data
And guess what is the top reason cited for this lack of trust?
Snail's pace: SingPost's profit down 3.5% to S$39.2m
Revenue was up but so were total expenses which jumped 6% to S$109.3m.
Derailed: SMRT profit down to $34.8m
The company is off track because of energy costs rising by 32.7% or $9.9m for the first quarter.
Workaholic Singaporeans: 82% of business travellers work until midnight
And the figure conscious 53% like going to the gym on their trips.
Tamed Tiger: Flights still suspended Down Under
Suspension is extended until August 1 following the adjournment of a court hearing.
Ascott Reit gets go-ahead to redevelop Somerset Grand Cairnhill
URA permitted the Ascott Reit to turn the property into an integrated hotel and residential site.
Tiger Airways Singapore and Airtropolis GSA join forces for cargo services
Airtropolis GSA Singapore will sell Tiger’s cargo space on its Airbus A320-family aircraft.
Airports’ non-aeronautical revenues set to take off by 50%
And you’ll never guess what’s driving this growth.
Blimey! SIA plane fails to reach Hong Kong
The Airbus A380 backtracked after 20 minutes following a shutdown of an engine by London-based Rolls-Royce.
What grocery list? Singaporeans rank second most impulsive shoppers in Southeast Asia
But survey shows Singaporean shoppers are also the second most price-sensitive.
Mayday, mayday: SIA Engineering’s profit down 3.8%
Profit for the first quarter of 2011 was $68.1m.
Cheap Cheap: 98% of hawker stalls maintained prices in June
Survey also showed 93.9% of hawker stalls had maintained prices of their food and drinks for the last three months.
Tiger Airways to increase capacity with six additional aircrafts
Additional capacity to allow for frequency increases on existing routes and the start of services to new destinations.
Singapore banks’ loan growth jumped 20% in 5 months
Kim Eng says DBS may profit the most with $719m in 2Q11.
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Commentary
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Microclimate retrofitting could be Singapore’s next big sustainability play