News

Distance-based fares derail SMRT’s revenue growth

Distance-based fares derail SMRT’s revenue growth

Lower average fares will negate ridership improvements and limit revenue growth to only around 1% quarter-on-quarter, warns analyst.

SGX steps up product disclosure

The changes to the listing manual are in line with MAS’ initiative to improve disclosure with the use of product highlight sheets.

Aussies are worth $1 million

At least that is how much Singapore Airlines will put into a marketing campaign to promote Down Under as a destination with Tourism Australia.

Singapore REITS gearing up to buy more properties

They will fund acquisitions with a mix of debt and equity with a 40-45% leverage.

A worm in this Apple as Android takes 46% of the tablet market in Asia?

Over 260,000 Tablets worth USD167m were sold in Southeast Asia in April, says GfK Asia.

The devil floats Prada

At US$2.1 bn dollars, it’s the 2nd biggest IPO of the year on Hong Kong exchange.

Warnings as inflation smashed through 4.1% in May

And industrial production fell 7 % - is this a new stagflation ?

Inflation has peaked in Singapore as car prices drop

Is this a new normal, or just a bump on the road to higher prices ?

Electronics exports down 15.2% in May

Blame it on fewer shipments of integrated circuits, PC components and disk drives.

Keppel Land gets approval to proceed with Ho Chi Minh City waterfront project

Masterplan approval gives green light to the city’s first phase of the development of approximately 1,500 waterfront apartment units targeted to be launched in 2012.

Employers are hiring; where are the applicants?

There are said to be 1.39 job vacancies for every one unemployed person. And, yes, wages will go up.

Casinos warned about full-scope inspections

Casino Regulatory Authority Chairman Richard Magnus expect casinos to “have by now sorted out any kinks in their operations”.

New Thomson Line station to be built near Republic Polytechnic

The Land Transport Authority will integrate the new station with the proposed Rapid Transit System link between Singapore and Johor Bahru, says channelnewsasia.com.

Older BTO applicants justify higher income ceiling

That is as first-time applicants for new Housing and Development Board flats reach a median age of 34, according to todayonline.com.

70% of Singaporean companies plan to adopt cloud computing

The other 30 % presumably still use a rock and chisel.

Ad Blitz: 52% of Singapore companies raising their marketing spend

And Twitter just pushed LinkedIn out of second spot as preferred choice.

Government blocks sale of Marina Bay Sands mall

Marina Bay Sands Pte Ltd is not allowed to sell, transfer or dispose of its estate interest in Marina Bay Sands within the exclusivity period of 10 years.