Exclusive
High levels of fraudulent car insurance claims proving challenge for insurers
The motor insurance industry has seen steady losses over the last few years and this is an area that general insurers face challenges in, said industry players interviewed by Singapore Business Review.
High levels of fraudulent car insurance claims proving challenge for insurers
The motor insurance industry has seen steady losses over the last few years and this is an area that general insurers face challenges in, said industry players interviewed by Singapore Business Review.
Exclusive: “It is CASA’s aim to get Tiger flying again, but safely”
Good news for Tiger as CASA says its aim is to get Tiger flying again, but still no word on when the ban may be lifted.
Exclusive: Grounding of Tiger Airways could extend up to 40 days
The decision of Australia’s Civil Aviation Safety Authority (CASA) to extend the grounding of Tiger Airways from flying to Australia will not come as early as today. But if ever the Australian regulators decided to apply extension, the ban could last for over a month, said CASA corporate communications manager Peter Gibson.
Singapore Airlines moves to protect its interest in Tiger Airways
It’s not a question on whether former SIA boss will be able to save Tiger Airways. Surely he will as aside from his wide experience in managing airline operations, Chin Yau Seng will be motivated to protect Singapore Airlines’ interest, according to analysts.
Singapore Airlines refutes reports it is sending executives to help Tony Davis rescue Tiger
EXCLUSIVE: The Herald Sun had reported that SIA was sending executives to meet with CASA, but SIA has told SBR that was incorrect.
Is Singapore Airlines starting to move its people in to run Tiger ?
Singapore Airlines which has 30% stake on Tiger Airways seems to be taking management control and leading the charge of Tiger, who is deeply in peril.
Asian corporates are unaware of broader spectrum of risks: Fitch
They are missing the picture by focusing on communication and spin rather than on better corporate governance, argues Fitch MD Andrew Steel.
Analysts say housing shortage to continue as they wait for details of government housing plan
This as an iProperty.com survey that showed Singaporeans were anxious over the yet to be announced housing policy.
Belysa fully sold at end June, two more exec condos begin preview today
The first new condo offerings for the month of July are City Development’s Blossom Residences at Segar Road and Qingjian Realty’s RiverParc Residence at Punggol. Both are executive condominiums hoping to achieve similar success made by Belysa.
Singapore Banks may have to make less risky loans to meet new capital requirements
But analysts breathe a sigh of relief that new capital levels not too tight.
Market watchers urge caution on Skyline Residences
Showflats for the 283-unit freehold apartment by Bukit Sembawang View will be ready on Friday, July 1 but while it almost has what it takes for buyers not to miss it, market watchers also cite downsides.
Hoi Hup sold 45% of Miltonia Residences over the weekend
185 out of 410 units were snapped up since June 24 launch, said agents from Huttons Real Estate Group which market the five-storey condominium.
Sales for CDL’s Buckley Classique slowed: Agents
Only three units were added to date to the 17 snapped up on the first three days of launch since June 10.
Sales of Sims Edge fail to meet market expectation
There remain 10 out of 78 units for sale for the project located at Sims Avenue when it was actually expected to sell out on June 17 launch like Fission Capital’s “Centra Heights”- a 90-unit new condo within the vicinity which was fully snapped up on April 18 preview.
Suites at Braddell begins preview today, two more due this week
The asking price for a one-bedroom unit of size ranging from 388 to 441 sft starts from $400,000+ or $1,000+ psf on the average, sources from Huttons Real Estate Group said.
Prive Executive Condo at Punggol now 98% sold
Only 11 out of the 680 units are left but asking price is quite more expensive now at $717.68 per square foot (psf) than the $660 to $690 psf six months ago.
SIA may not be able to raise fuel surcharges, warn experts
Singapore Airlines may impose another round if spikes in oil prices continue despite having already raised fuel surcharges three times this year, a spokesperson said. Analysts however warn that raising it further will eventually cause SIA to lose larger market share to the budget carriers.
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