News
Genting Singapore 2013 profit to plunge by 50%
Genting Singapore 2013 profit to plunge by 50%
Blame it on heightened regulatory risks over casino gambling which likely to persist till 2015 election.
Growth could dip below 1%: MAS
There is greater uncertainty in the US economy compared to three months ago, said MAS maanging director Ravi Menon.
Singapore steps up efforts against fraudsters
At least 3 masterminds of motor insurance fraud scams were sentenced to jail over the last 2 years, says MAS.
Industrial production likely down from a solid 6.6% in May
IP index for June due today is likely to only report a 3.0% YoY expansion, says DBS.
MAS unveils S$20b facility to protect depositors
The contingent liquidity provided to the Singapore Deposit Insurance Corporation is a back up in case of banking dilemma.
Chart of the Day: What you need to know about inflation in June
The increase primarily reflected higher accommodation cost.
Singapore earmarks $630 million for ambitious public service program push
The staggering outlay is 35% more than the previous five-year funding and will be spent to enhance the country's public service broadcast.
MAS raises headline inflation forecast to 4-4.5%
Singapore's central bank narrowed its forecast range from 3.5-4.5% but assuages fears by saying core inflation is bound to ease.
How SIA soared to $78 million net profit amid crashing demand
The airlines pushed out strong promotions to snap up passengers and kept a vigilant eye on costs to eke out a profit in Q1 2012.
SIA Engineering to earn 5% more in FY13
SIE recently clinched a five-year fleet management contract worth S$166m.
Singapore to implement Basel III standards two years ahead of schedule
Singapore banks will then meet MAS’ capital adequacy requirements that are 2% higher than the Basel III global capital standards.
Exchange rate policy has its limitations, warns MAS
It can't completely contain inflation as it is not effective against housing rentals and car prices.
MAS worried when core inflation hit 3.1%
Good thing it is expected to ease to 2% by the end of the year.
Singapore Airlines costs higher than rivals
SIA is now costlier to run than Cathay Pacific and others.
Monthly rents for luxury apartments slip 0.8% in Q2
Blame the quarterly dip to $5.64 per sq ft on stricter immigration rules, says Colliers.
Whopping 200% wage hike to shock hotel workers
Some 3000 employees may have 30%-200% salary increase with the new wage model.
Singapore least affected by US drought
Food weighting in inflation is lowest in Singapore at 22.1%.
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