News

CapitaMalls Asia converts China development fund to an income fund

Conversion, which enabled the company to upsize fund by 50% to US$900mn, reflects evolution from assets under development into operational malls.

Singapore leads growth in Asia Pacific office rent

CBRE’s first quarter Asia Pacific Office Rent Index up 3% but lower than the 3.6% posted in the fourth quarter as quake forced Japanese to defer relocation plans.

Budget passengers up 26 % at Changi

And they now account for a quarter of the airport’s traffic.

Record buying of Singapore properties by foreigners

Foreigners snap up 16% more private homes in Singapore.

M1: Sorry for the service failure

So free calls for all customers on May 25 - go nuts kids.

4 in 10 Singaporean netizens want a smartphone this year

And with half of all netizens already owning a smartphone, that leaves only 1 in 10 not fussed, or not able to afford, a smartphone.

NOL shares big index loser: report

Demand for container shipping could drop amidst slowdown in economic activity.

Consumer prices jump 4.5% in April

The increase was a result of higher costs of transport, housing and food.

Singapore achieves highest trade confidence jump in Asia—HSBC

Increased connectivity with and between emerging markets and China fuelled strong demand in international trade despite inflationary pressures and uncertainty in world economy.

OSIM promises to control hormones with its new harmonic air purifier

Sounds like a great birthday or anniversary gift idea.

Kaplan launches e-degrees

The new business arm named @kaplan will offer 3 degrees through University College Dublin.

We must admit and correct our mistakes: Prime Minister

Expect changes on housing, healthcare and immigration.

PM, what's in your paycheck?

The President may be in for a pay cut.

Retail rents at Orchard road have peaked

Rents at prime Orchard are more likely to remain flat while suburban rents are apt to see a moderate upside of just 2% – 3% this year, according to property brokerage firm Knight Frank.

Global diggers: demand for the yellow stuff up 12% to 981 tonnes in first three months of 2011

Chinese and Indian buyers aren’t broke, and are behind the surge in demand, but you will never guess how much gold was bought for pure investment.

Is this the best internship in the world?

Singaporean social networking startup My Cube is offering 30 foreign students a 3-month paid internship with the best intern getting a $10,000 grant.