News

Bank credit concerns elevated further with May loans data

Bank credit concerns elevated further with May loans data

DBU and ACU LDRs  rose by 90.2% and 104.0% respectively but here's why it's not a major red flag for now.

Don't pin too much hope on PMI data, says DBS

Global PMIs are slipping and Singapore’s unlikely to buck the trend.

GDP to slow further in Q2: Nomura

The risks to the inflation outlook though are now more balanced.

Gardens By the Bay set to become Singapore top 10 tourist attraction

The conservatories could attract 1.1 million visitors by 2015 ousting the MBS Skypark, says OCBC.

Hotel room shortage forecast as tourism numbers set to grow 6.6% p.a. by 2015

But bad news for visitors as room demand at 6.4 % will outstrip enw room construction at 3.7 % to 2015.

Overall private residential property index rose marginally by 0.4%

The pace of change in prices varied across the different market segments.

3Q electricity tariffs lowered by 2.4%

Households living in four-room HDB flats will be given greater discounts.

Chart of the Day: Singapore's total fertility rate declining

The last time that the TFR of the resident population was above the replacement level of 2.1 was in 1976.

Why wages rose 6.1% in 2011 despite a weak economy

The growth was even higher than the previous year's 5.7%, says latest survey.

Wages for blue-collar jobs sunk in 2011

Managers, financial services staff earn the highest wages.

OCBC's non-interest income ventures to drive ROEs quicker

The bank's asset quality remains healthy despite a blip in 1Q12.

Deposit growth in Singapore still sluggish in May at 7.8%

With slower deposit growth vs loan growth, loan-to-deposit ratio surpassed 90% in May 12, says DBS.

The Postman fails to deliver

SingPost's net profit went 11.8% down despite crunching revenues of $578.5M.

Tiger Airways to save around S$5m as jet fuel prices finally fall

Fuel prices finally softened after being 'stubbornly high' for more than a year.

MAS to allow some foreign banks to operate up to 50 places for business?

Here's what you need to know about the changes in MAS' Qualifying Full Bank programme.