News

Expect a 0.4% hit on Olam earnings: DBS

Expect a 0.4% hit on Olam earnings: DBS

This is due to the $2 million loss the company will incur over FY13-14 to start up its new rubber plantation in Gabon.

Singapore leaders better than EU and US counterparts

And over 50% of Singaporeans believe that political leaders are the most effective communicators.

Citi, JP Morgan and StanChart losing to DBS in SME transaction banking : CIMB

CIMB claims DBS' transaction business which account for 14% of revenue is growing at the expense of rivals.

M1 to raise prices of 4G services

Retail users may also avail of these services come 2H12.

MAS and SGX join Malaysia and Thailand to expedite secondary listings review

Malaysia, Singapore and Thailand are the first three jurisdictions in ASEAN to satisfy the requirements of the framework.

Industrial REITS poised for firm results

Subsector yielded the highest in S-REIT sector.

Jet fuel prices at a 12-month high drags on SIA’s earnings

Every US$10/bbl rise in jet fuel price will result in an erosion of S$300m to SIA’s bottomline, says MayBank.

Chart of the Day: URA Price Index

Analyst expects industrial REITs to post healthy YoY growth.

Does Singapore need an M2M regulatory framework?

With machine-to-machine communicaton rising there is now a call for more supportive policies.

Personal data protection bill nearing Parliament take-up

It could be filed as early as 3Q and once passed businesses will have to comply with stricter consumer data laws.

Singapore ranked 8th most expensive office location globally

Annual net rents of CBD Grade A office space in Singapore fell 4.9% to US$65.81 per sq ft.

What recession? Luxury brands reveal soaring profits

Consumers seem to take comfort in those LV and Hermes bags amid economic volatilities.

Singapore office market succumbs to economic woes

The annual growth rate for 2011 was only 13% which is a sharp contraction from 2010's recorded growth rate of 24.5%.

Take a sneak peek of Scoot’s first aircraft

Second aircraft will come by the end of March.

2012 Outlook for downstream oil & gas cloudy

Competition is stiff within Singapore and project margins are low, says OCBC.