News

MTI maintains 1-3% GDP growth forecast for 2012

MTI maintains 1-3% GDP growth forecast for 2012

Considerable downsides for Singapore’s externally oriented industries are expected if a disorderly sovereign debt default in the Eurozone materialises.

Watch: The horrific Ferrari crash video everyone is talking about

A ridiculously overspeeding Ferrari GTO smashes a cab in a crash that killed 3 people.

SIA says goodbye to Abu Dhabi and Athens

Singapore Airlines will be suspending services to the two cities due to the sustained weak performance of both routes.

SMRT ordered to replace flawed third rail parts

Goodbye to power supplying rail parts with visible hairline cracks, but how much will these unexpected replacements cost SMRT?

ST Engineering leverages capabilities through EcoServices investment

EcoServices' expertise in engine wash services will boost ST Engineering's aerospace sector’s global maintenance, repair and overhaul network.

Chart of the Day: DBS SGD NEER fluctuates around mid-point of policy band

The band was narrowed to ±2% around its mid-point, and analyst says this should help to mitigate some of the downside risks to the Singapore dollar.

Q1 GDP could be revised upward: OCBC

It is increasingly likely to be revised up to 1.9% yoy but future quarter forecasts remain subdued at a 1-3% yoy range.

Is Olam International on a commodities slump?

It is having trouble procuring cotton supply and keeping margins afloat as prices fall precipitously.

Upward revision of Singapore’s 1Q GDP seen

Standard Chartered Bank expects GDP growth to be changed a day before it is released by the Monetary Authority of Singapore.

Singapore office spaces rank third most expensive in Asia Pacific

Average monthly gross rents for CBD Grade A office locations average to SG$8.55 per sq ft per month.

Olam's PATMI dips by 13.6%

Weakness seen in Olam's Industrial Raw Materials segment, an outcome of events in the Cotton market, severely affected the Group's overall performance.

What you need to know about the revised patent and IP Act

One of the major changes will allow foreign patent agents to register in Singapore for offshore purposes.

Flying high: Singapore Airlines carried 9% more passengers in 1Q12

SIA's passenger load factor improved by 5.1 percentage points as promotional activities helped boost passenger traffic.  

High-end sales at CCR shoot up 247% in April

The big boost came from the selling of 87 out of 100 units at the new Eon Shenton project.

Chart of the Day: Retail sales hurt by auto figures

Car sales in March grew by only 17.8% y-o-y in nominal terms compared to 73.6% in February.

Bullish sales in Outer Central Region becoming infectious

Developers in nearby Core Central Region and Rest of Central Region are regaining confidence and ramping up their residential launches.

F&B sales rebound strong in March

Receipts grew 8.6% yoy as restaurants, fast food outlets and food catering all posted significant gains.