News

European banks re-leverage in Asia

Asia’s total exposure grew by 4.7% after a 10% decline in 4Q11 with Singapore  recording the largest increase.

8% of companies to freeze wages

If you want pay raise, go to Singapore-based firms.

Singapore firms fail to get into Asia’s top 50 ideal employers

Singaporean job hunters are salary conscious while HongKongers and Japanese are not.

4 in 10 companies to freeze hiring in 2013

The good news is only 1% of companies are expected to retrench next year.

Age does matter: 1 in 5 Singapore companies still sacking old workers

Sad to see that companies are letting their most loyal employees go.

SIA beats Qatar Airways for best economy class

The airline also snatched the Best Economy Class Onboard Catering award.

DBS' bid for Danamon won't be jeopardised by new ownership cap: CIMB

Indonesia's exemption guidelines spell a higher chance of a DBS-Danamon M&A.

More than 20,000 stores and taxis to adopt mobile payments

Singapore still lags behind Philippines and Thailand in m-payments.

Commercial property investment sales double two-fold

S$2.3 billion of commercial property were sold in 2Q12.

Posh condo sales up in 2Q12

From three transactions last quarter, 2Q12 recorded eleven transactions above S$10 million each.

Property investment transactions to hit a plateau

The 52.4% rise in 2Q12 may moderate due to cash-strapped investors.

Keppel's 35.4% profit surge will not recur in 2H12

Too bad the whopping S$520.9m earnings won't happen again.

Chart of the Day: Electronic NODX up 1.6% in June 2012

Exports of PCs increased by 51%, says IE Singapore.

MediShield coverage and premiums pushed for increase

New proposals want to raise claims caps to $70,000 per year and $300,000 per lifetime, and increase premiums by around $10 monthly.

Q3 technical recession unlikely but not unthinkable: OCBC

The bank predicts Singapore's Q3 GDP to grow at 2.4% yoy or well clear of the 1.5% technical recession threshold but an Asia-led drag still looms.

StarHub's loss of English Premier League rights a blessing in disguise

StarHub gains at least S$20m annually due to the absence of cost for EPL rights.