News

The soccer club was attracted to the promise of having its IPO approved in just four weeks.

Singapore Airlines didn't even make it into the top 4 of the most searched for airline brands in Singapore, according to a sample of 50,000 searches by wego.com.

With transport costs rising by 11.5% in July, inflation accelerated to the fastest pace since January.

HSBC says the unexpected rise was driven by costlier housing, transport and food.

Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.

The dividends are backed by higher free cash flow to equity of 6-8% except for StarHub.

Container shipping volumes went up but average revenue per Forty-foot Equivalent Unit dropped 17%.

Australia’s biggest airline is setting up an Asian unit with cabins “better than the A380s” to snatch passengers up from Singapore’s flag carrier.

Analyst warns there will be continued pressure on net interest margin, and loan growth is seen coming to a standstill.

The Monetary Authority of Singapore noted that interest rates are market-determined and that the current monetary policy stance remained appropriate.

DMG Research cites the current low interest rate environment and positive carry on rental properties as key factors in driving down home prices.

But the majority of mortgages and commercial loans are not linked to the SOR but rather to the Singapore Interbank Offered Rate, so don’t fret.

Despite global economic turmoil, CPFIS-included funds only recorded a 1.89% loss on average for the 6-month period ended June 2011.

And worse, S-REITs could take on these debts even before the properties are able to generate income from tenants.

The Singapore billionaire was reportedly approached to become an investor in the team’s IPO.

Singapore is not heading to a technical recession, says DBS.