News
More Singapore SMBs securing data with virtualization
More Singapore SMBs securing data with virtualization
81% of the companies surveyed reported improved preparedness against acts of god and other disasters with server virtualization.
Ascott websites get smartphone-friendly
Ascott’s brand websites become tech-savvier with their new online chat facilities and touchscreen-friendly icons.
Scoot to possibly tie up with Tiger
Do you wonder how the two LCCs will complement one another?
Mayday, mayday: Tiger Airways reports net loss of $104.3m
Tiger Airways Singapore's operating loss is at $16m, driven by excess aircraft capacity in the fleet and higher fuel prices.
ST Engineering embarks on collaborations for A330 conversion
Its arm ST Aerospace links up with Airbus, EADS, and EADS EFW to develop the A330 from passenger to freighter set for delivery on 2016.
Bad news for retailers: Sales to continue downtrend
OCBC says Singapore will not be immune from a corresponding fall in global risk appetite.
Singapore banks in a sweet spot?
Their net interest margins are improving and earnings are expected to rise even more, says DBS.
Singapore still a preferred target for acquisitions
Companies in emerging markets continue to pick the island nation for acquisition deals but these have seen a marked decline.
Tiger Airways to ramp up flights to Malaysia and China for the holidays
Tiger will operate flights twice daily to Kuching and Penang, Malaysia and 5 times weekly to Haikou, China in August so customers will have more options.
REIT performance shaken by euro woes
The European debt woes prove that not all REITs perform well during hard times, DMG Research said.
Chart of the Day: Total trade up 7.5% in Q1
The level of total trade reached S$252 billion in the first quarter of 2012.
M1's new prepaid MasterCard to challenge StarHub?
This multi-purpose debit card offering from M1 allows users to top up M1’s prepaid cards, pay public transit fares, and make contactless purchases.
GDP gains momentum as manufacturing makes a comeback
The Singapore economy expanded 10% in 1Q12 in a dramatic reversal from last quarter's 2.5% contraction.
NODX rockets to 8.3% growth in April
Returning confidence in some major markets helped non-oil domestic exports recover after it shriveled 4.3% last month.
DBS emerged top bank in 1Q12
OCBC, DBS, and UOB posted results that exceeded expectations in 1Q12, but DBS had the strongest growth, by 17%, in fee income.
Why Facebook magnate Eduardo Saverin chose Singapore
"Becoming a Singapore resident enabled me to engage in more sophisticated financial activities," says Saverin.
Silk Air’s fleet expansion pays off with 26% surge in RPK
The regional wing of Singapore Airlines outperformed SIA in terms of revenue passenger kilometer although demand in the freighter segment remained weak.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform