News

EDB bullish on foreign investments in Singapore in 2012

EDB bullish on foreign investments in Singapore in 2012

It forecasts investments into the country to amount to a whopping S$13 -15 billion this year.

Sembcorp Marine: We’re not bidding for STX OSV stake

The company issued a clarification statement in response to a media report.

Singapore Press Holdings downgraded by JP Morgan

So what made the brokerage change the rating from overweight to neutral?

CapitaMall Trust net property income up 4.8%

It achieved NPI of S$418.2m for the whole of 2011.

Would lower pay still equate to good ministers?

The Prime Minister doesn’t think so, and he isn’t shy to say it.

NODX surge may fizzle fast: HSBC

Non-oil domestic exports grew 9.0% yoy in December but a sustained performance is doubtful.

56% of employers won’t be hiring in 1Q12

Except for healthcare, all sectors reported lower hiring expectations than last year.

What’s up with SIA’s ever-growing capacity?

Latest passenger load factor at 79.6%, as capacity once again outgrows carriage.

What you need to know about political salaries in Singapore

DPM Teo Chee Hean said the proposed framework strikes a balance between the ethos of public service with an appropriate salary.

Total trade up 5.9% in December

Guess which products didn’t do so well.

Still a long way round for Singapore to address food security

But good news is, consumers may expect moderated food prices this year.

Singapore Exchange slides in profits

Net profit down to $65.4 million from $74.2 million in the same quarter last year.

Noble Group set to name new CEO

Founder Richard Elman said the vacant executive helm will be filled up soon.

Private home sales plummet 63% in December

The Additional Buyer’s Stamp Duty has nearly paralyzed sales activity in the market.

Berthing soon: SG’s newest hub for cruise ships

The world’s largest cruise ship, the Royal Caribbean’s Oasis of the Sea, will be able to dock at the International Cruise Terminal once it opens this year.

Fast food, cafes and canteens losing patrons

November 2011 receipts declined for these dining places from month-ago levels.

Singapore retail sales slowed to 6.4% in November

All but one sector reported lower sales, guess what?