News
Atrium@Orchard to finish renovations in 4Q12
Atrium@Orchard to finish renovations in 4Q12
An additional 110,000 sq ft of new retail and dining options await Singapore shoppers.
Warehouse rents surge to new highs in 2Q12
Prime conventional warehouse rents for upper floor space exceeded their last peak in Year 2008 by 17%.
CapitaCommercial Trust still haunted by vacancy risks
Good thing half the total leases expiring in FY12 have already been addressed.
CapitaLand to get more than S$100m from bundled deal with ART
CapLand's S$98.9m profit from the sale of its two assets excludes gains from the eventual sale of the redeveloped Cairnhill Somerset back to Ascott Residence Trust.
Shipping sector still in rough seas, says CIMB
The outlook remains challenging due to overcapacity and slower global growth.
Keppel acquisition seen as precursor of potential IPO
CIMB thinks Keppel could also tap into KrisEnergy’s development field to supply offshore equipment.
CapitaLand asset swaps not a game-changer, says analyst
Ascott Reit could have secured better accretion had it divested just the residential portion of Somerset Grand Cairnhill to third-parties, says CIMB.
9 out of 10 unhappy Singaporean consumers spread the word
Bad service experiences may spread like wildfire as 86% of consumers rely on hearsays.
Singaporeans dig 'open business talks' for loyalty
1 out of 4 Singapore consumers deem open and honest communication as most important factor to remain loyal.
Singapore diplomats were 'impartial observers' to Malaysia’s Bersih 3 rally
How bad did it get for Singapore-Malaysia ties when rumors of their active participation sparked?
Delivery of first of 800 new buses set on Sept
Around 250 buses are expected to be added over the next one year and about 14 new routes to be introduced.
Death Penalty no longer automatic for drug-related and murder cases
Offender's fate is now at the hands of the presiding judge.
Chart of the Day: Vacancy rate in Raffles Place/Marina Bay area up to 7.5% in Q2
Net demand for Grade A office space was lower than the absorption level in 2011 as a result of the difficult economic environment.
Wilmar named largest Singapore corporation in Fortune's Global 500
The agribusiness giant ranked 223rd in size worldwide and is one of only two Singapore-based companies to make the 2012 list.
All eyes on declining Keppel Corp O&M margins
Its offshore & marine segment has fallen from its 26% margin highs in 2010 and will likely temper to as low as 10%.
SREITs to grow at low single digit rate this year: DBS
Rental rates and occupancies for Sreits to continue to show positive reversions for this year.
Keppel Corp splurges USD 115m in an oil company
KrisEnergy operates six out of the 14 licences they hold in Cambodia, Indonesia, Thailand and Vietnam.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform