News

GDP growth results “likely to disappoint”

GDP growth results “likely to disappoint”

This is according to OCBC following a contraction in manufacturing momentum.

Where have the ads in SPH gone?

Print ad revenue fell by more than $3m, and blame goes to the property and vehicle sectors.

ST Engineering unit to provide MAN buses to SMRT

The deal with SMRT Buses is its first city bus contract as Singapore’s exclusive distributor of MAN Truck & Bus.

Testing times: Massive natural catastrophes trigger US$265b economic losses

Worse, the loss amount worldwide was more than five times higher than the first-half average for the past ten years.

Singapore ranked 8th most expensive city in the world for expats

The city placed third in Asia, just behind Tokyo and Osaka.

Hello, smartphones: Voice and SMS under pressure with massive take-up of iPhones

Consumers are now shifting towards alternative communications, and it’s not so good for the telcos.

Charge it: Spending of MasterCard users in Singapore up 49%

A total of US$676.6 million was spent over the first month of the Great Singapore Sale.

At your service: Government allots $84m to boost service excellence

This is after 7,800 establishments and 183,000 workers were said to have benefited from Customer-Centric Initiative projects.

Pay up or walk

Public transport operators have applied to increase bus and train fares due to rising costs.

Price pressure: Core prices may continue to rise as Asian exports plunge in June

Asia is gradually running out of excess capacity to meet rampant local demand.

Fat Singaporeans take toilet seats, fish maw and fried pork on business trips

But a survey by Regus noted that despite rising obesity in Singapore, 39% of Singapore business travellers take work out clothes on their business trips.

Manufacturing slump cuts GDP growth to just 1.7%

Manufacturing fell 13.5% in signs the economy is softening.

Aussie Tiger Airway’s hearing set for July 22

DMG says the airline has to return over S$3m to the South Australian government as it plans to decrease its fleet in Adelaide.

Office tenants are moving to hi-tech industrial space

Average gross rent for private high-tech space may have grown to $3.45 per sq ft per month, but tenants are relocating amidst faster increase in office rents.

Australand to delist from SGX

The Group no longer finds the need for the secondary listing and will just continue to maintain its primary listing on the Australian Securities Exchange.