News

Did you get your raise this year?

If not, then you’re not part of the more than 82% of professionals in Singapore that did.

APB sells Heineken-APB shares and undergoes restructuring

The move is in line with the company’s strategic direction in China and taking into account its minority interests in Jiangsu Dafuhao Breweries.

Public sector investment sales jump 38.2% to $4.67b

This is the highest quarterly level of state land sales achieved in four years.

Rentals for factory and warehouse spaces surge by 6-7% in 2Q 2011

This is the fastest quarterly growth in three years.

Incredible tourism buoys retail property market in Q2 2011

A record 1.1 million tourists visited Singapore in April, says Singapore Tourism Board.

Grade A office space occupancy dips to 93.5% in 2Q 2011

The slip in occupancy rate was most pronounced in the Raffles Place/New Downtown where it fell 1.5 percentage points to 94.2%.

GDP growth results “likely to disappoint”

This is according to OCBC following a contraction in manufacturing momentum.

Where have the ads in SPH gone?

Print ad revenue fell by more than $3m, and blame goes to the property and vehicle sectors.

ST Engineering unit to provide MAN buses to SMRT

The deal with SMRT Buses is its first city bus contract as Singapore’s exclusive distributor of MAN Truck & Bus.

Testing times: Massive natural catastrophes trigger US$265b economic losses

Worse, the loss amount worldwide was more than five times higher than the first-half average for the past ten years.

Singapore ranked 8th most expensive city in the world for expats

The city placed third in Asia, just behind Tokyo and Osaka.

Hello, smartphones: Voice and SMS under pressure with massive take-up of iPhones

Consumers are now shifting towards alternative communications, and it’s not so good for the telcos.

Charge it: Spending of MasterCard users in Singapore up 49%

A total of US$676.6 million was spent over the first month of the Great Singapore Sale.

At your service: Government allots $84m to boost service excellence

This is after 7,800 establishments and 183,000 workers were said to have benefited from Customer-Centric Initiative projects.

Pay up or walk

Public transport operators have applied to increase bus and train fares due to rising costs.