News

March inflation up 5.2%

March inflation up 5.2%

Higher COE premiums drove inflation up from just 4.6% in February.

More Singaporean women joining the workforce

Singapore placed fourth among 19 Asia Pacific countries with an index score of 77.4, a survey shows.

COE premiums to rise as much as $100K

Recent tenders are pushing COE premiums to a peak level last seen 18 years ago, says DBS.

UOL's Katong Regency roars at former Lion City Hotel site

Around 70% of the 244 units have been reserved, with 130 units secured by sure-buyers.

Stagnating rental yields for 3 Marina Bay properties

Psf selling prices are outpacing rental prices at The Sail @ Marina Bay, Marina Bay Residences and One Shenton.

COSCO commissioned to construct barges worth over USD220 million

The contract with Energy Drilling for 2 units of Self Erecting Drilling Tender Barges are set for delivery in the 2nd quarter of 2014.

More Asian consumers are into online shopping than Western counterparts

Provided however that the web contents are important and unavailable elesewhere.

CapitaCommercial's distributable income up 3.4%

Lower occupancy rate and signing office rents however drags on year-on-year gross revenue.

Chart of the Day: More orders to come for Singapore rig builders

Analyst expects order wins to return to pre-2009 levels of S$4.5 billion to S$5.5 billion per annum.

StarHub primed to reap the rewards of tech gadget bounce

A net profit of SGD85m is expected, boost by demands in mobile data, Pay TV and fibre broadband.  

CapitaMalls Trust making bank in Malaysia

Its Malaysia arm posted improved 1Q12 results on the back of still-expanding and government-spurred domestic spending.

Singapore firms look to Liaoning, China for urban investments

New business mission composed of 65 companies troop to the booming province for exploratory talks and canvassing.

Chart of the Day: Prime factory and warehouse rents peaking?

The average monthly gross rents of prime factories and warehouses rose 0.5% to 0.8%.

URA implements changes in Housing Developers Rules

New rules include providing more information on housing projects and property before issuing option-to-purchase.

Caged growth for Tiger Airways?

Trouble from down under caused a 20% drop in Tiger Airways' passenger numbers.

Chart of the Day: Property investment sales fall

The drop was led by the 55.3% decline in private sector sales in the first quarter of 2012.

M1 suffers fresh subscriber bleeding

Its share in the all-important postpaid mobile market is down to 25.9% in another quarter of subscriber loss.