News

Singapore’s loan growth slowdown may be more severe, warns analyst

FY12 loan growth is forecast to be between 8% and 8.5% which is sharply lower than FY11’s forecast of between 16% & 20%, but it doesn’t stop there.

Hello, investors: A fifth of affluent Singaporeans to invest in Greater China and Southeast Asian funds

It seems like they have a lot to invest, as 48% of Singaporean affluent reported a rise in net worth in the last 12 months.

Tiger to sink teeth in rights issue

The airline has received approval from shareholders to raise over $127m.

GIC: We have offset the losses on UBS

The sovereign wealth fund may have lost about 60% of its investment in UBS, but it says losses were countered by good investment decisions.

Singapore Airlines and Silkair strike deal with Changi Airport

Collaboration aims to offer tourists affordable travel packages as low as S$60.

M1 and Vodafone agree to end partnership

M1 to continue enhancing the products and services that its customers enjoy despite contract termination.

UOB is the best managed among the Singapore banks for liquidity risks

Its capital buffers are also the highest compared to OCBC and DBS.

ST Engineering corruption probe claims another scalp

On Friday, the company announced that Patrick Lee Swee Ching, CFO of Vision Technologies Systems has taken leave of absence pending the CPIB investigation.

SingTel: Showing strength on winning digital home

The telco claims to have 22% of Singapore households subscribed to their bundled broadband.

Hurrah!: More than 51,000 employers to receive Special Employment Credit

The Government will be giving a total of $17 million in SEC by 30 September 2011.

Tiger Airways caught off guard by Thai Airway's Chairman’s remarks on scrapping JV

Tiger issued  a statement saying that Thai's management will continue their joint venture, despite the Chairman of Thai Airways saying it will discontinue the joint venture.

Singapore’s inflation may have dropped to 4.7% in August

DBS expects the country’s inflation to be on a sticky downward grind in the coming months.

Tiger won’t have Thai blood

Thai-Tiger will no longer be set up as Thai Airways now has its budget carrier.

Singapore to hear less ka-ching!

Amidst negative global sentiment, spending attitudes are forecast to be precautionary.

Tighter financing still impacting home purchases

This leaves the secondary market more subdued while outlook for the land market remains cautious.

Singapore market most stable in Asia

The country's earnings volatility is the lowest in the region, having stayed at 21.4% in the last 5 years.