News

Tougher rules ahead for moneylenders in Singapore

Tougher rules ahead for moneylenders in Singapore

New measures will take effect from November 1 to protect the interests of borrowers.

Retail sales plunge 7.2% in August

Motor vehicle sales declined the most at 17.4%.

Singapore's trade confidence falls: HSBC

Singapore trading firms have suffered the worst drop in the region amid the worsening global economy, based on a survey.

Biomedical manufacturing helps push GDP up by 1.3% in Q3

The Singapore economy grew by 5.9 per cent on a year-on-year basis in the third quarter of 2011 mainly due to a pick-up in growth in the biomedical manufacturing cluster.

Forget Singapore, if you want growth go to Malaysia

Check out how CapitaMalls Malaysia was able to increase rental rates by 6.7% with a nearly-full occupancy rate of 98.7%.

Singapore operations threatened by floods ravaging Thailand

Reports are flooding in that Singapore companies are flooded out in Ayutthaya, Thailand.

SGX queries electronics manufacturer PCA Technology on significant profit margin decline

Blame it on significant decrease in our consignment business, says PCA Technology.

Singapore may struggle to achieve 3% annual growth productivity

That is if Singapore wants to increase real incomes for Singaporeans broadly, including those with low incomes.

AsiaPac real estate investment volumes reach an amazing US$20b in 3Q11

Transaction volumes rose 8% from last quarter, according to Jones Lang LaSalle.

Money matters: MAS reduces slope of policy band

Modest and gradual appreciation of the S$NEER policy band will be continued.

Singapore export growth may have plunged to 1.8% in September

Bad news ahead for the country’s economy as electronics exports may have contracted further by 12.3%.

Hopes rise as Singapore’s economy surges 5.9% in 3Q11

Manufacturing rebounded by 13.2%, buoyed by the strong performance of the biomedical manufacturing segment.

27% of AsiaPac brand executives inefficient in social media strategies

Better get your act together soon, as sociability is expected to contribute 65% to a brand’s overall reputation in three years.

SIA gets go-ahead from ACCC

The Aussie dream draws closer with the Australian Competition and Consumer Commission providing draft approval for SIA to fly into Virgin Territory.

Government to invest $17m in furniture industry’s workforce

SPRING plans to train and certify 1,300 workers through 16 new courses.

Grade A office rents may plummet 18-22% in 2012

Rents are expected to drop to S$8.50-9psf, as the country’s employment and GDP growth is on the decline.

CapitaCommercial Trust shaken by lower rental income

Now it has less distributable income to share, down to S$51.9m in the third quarter from S$56.2m in the same period last year.