News

SMRT unveils plans of 10% staff increase

SMRT unveils plans of 10% staff increase

Headcount costs will be offset by savings in electricity expenditures.

Chart of the Day: MAS Core Inflation remains at 2.7%

Excluding the costs of accommodation and private road transport, MAS Core Inflation was stable for the third consecutive month.

Tiger Airways struggles in $14m after-tax loss

The airline casts hope in Tiger Singapore's operating profit of $4m.

Singapore Airlines promo fares triggered 10% passenger load rise

But passenger yields fell 3% resulting to a smaller increase of 7% in SIA's revenue.

Printing output in the red

Printing output in books, magazines, labels, and organizers dropped 12.2% in June 2012.

Marine & offshore engineering sails with 8.1% gain

The segment was lifted by higher output from rig building and ship building activities.

Pharmaceuticals segment feverish with 68.7% rise

This was partly due to a different production mix of active pharmaceutical ingredients.

Jardine Cycle and Carriage profit up by 5%

Consolidated net debt was US$750 m at end-June 2012.

You've been hacked: 6 in 10 Singaporeans ignore changing passwords

It's high time that Singaporeans learn 'good cyber hygiene'.

Prices of 30-year leasehold industrial units surge 43%

This results to $298 per sq ft--narrowing the price gap between 30-year and 60-year properties.

Singapore banks exposure to Europe not significant

OCBC with a small exposure at 1.8% of total assets would be least affected by any fallout from Europe.

Singapore Airlines' transformation hit by several challenges

Refocusing to short-haul routes and banking on Scoot for low-cost business put SIA's profitability this year into question.

Anxious Singaporeans expect 4.45% price hike

Looks like Singapore households would be cash-strapped for another year.

Top 3 reasons why Singapore property beats rival HongKong

UOB Kay Hian expects sales volume to slow down by 10-15% in 2012 but here's why Singapore property still tops ASEAN market.

HDB resale price index inches 1.3% higher

Resale transactions also rose by 19% to 7,000 cases in 2Q12.

F&N breathes sigh of relief with Heineken offer extension

The deadline for acceptance of Heineken offer was moved to 3 August.

Dairy Farm shocks competitors with 149 new stores

The unexpectedly robust expansion led to an 8.3% profit rise for 2Q12.