News
OCBC's whopping gains from F&N and APB stakes revealed
The gain will boost OCBC’s 2012 net profit forecast by 42% - so how much is it?
Mission accomplished: More than half of KepLand's lease expiries already addressed
Lease renewals were done at rates that are 6-7% higher than previously contracted one.
CapitaMall Trust hurt by 3% less shoppers
Blame it on competitive pressures at Lot 1 and Funan Centre.
SGX Mainboard to reject companies with IPO values below S$150m
IPO shares issued must be at least S$0.50 each.
Keppel Land to develop Keppel Towers & GE Tower
Question is, when will the launch be?
Chart of the Day: NODX up 6.8% in June 2012
This was due to an increase in both electronic and non-electronic domestic exports, says IE Singapore.
No red lights: Porsche sales up 11% in AsiaPac
The luxury car manufacturer sold 2, 238 vehicles in the first half of 2012 in clear defiance of the downturn.
Keppel Land earnings shoot up 76.8%
Its impressive $236.6 million net profit for 1H12 was attributed to strong property trading and improved K-REIT Asia performance.
Shop house sales fall 25%
Blame it on the steep 34% increase in unit prices.
Strata office sales smash 1995 record
The average transacted unit price was a 56% increase from 1H11.
Strata shop sales hit 17-year high
A total of 669 units were sold in 1H12--the highest since 1995.
3 in 4 banks outsource jobs overseas
No wonder 43% of people in transactional roles lose their jobs to foreigners.
Internal auditors pressured to upgrade skill set
But 8% of them have no defined competency plan at all.
UOB 'unfazed' by move for local incorporation of foreign banks
The MAS directive allow them up to 25 new outlets.
8 in 10 organizations worry over their internal audit functions
There's no room for incompetence, especially in Singapore.
Visitor arrivals up 15% in Q1
Top contributors to visitor arrivals were Indonesia, China, Malaysia, Australia, and Japan.
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