In Focus
Morning Brief: NY Times on Singapore immigration, Stikfas founder in underage prostitute scandal
Here is what Singapore is talking about today including the sex for grades probe at NUS.
Morning Brief: NY Times on Singapore immigration, Stikfas founder in underage prostitute scandal
Here is what Singapore is talking about today including the sex for grades probe at NUS.
Manufacturing output up 7.6% in June
If not for biomedical manufacturing, output would have fallen 1.5%.
Seriously, Singapore houses are still cheap
Quit complaining: housing affordability is at 36% compared to more than 60% during the Asian financial crisis.
Singapore crisis actions praised in WTO trade policy review
The World Trade Organization commended the country for deftly coping with the financial turmoil via fiscal stimulus, productivity gains and a continued open economy.
Central bank stands firm on current monetary policy
MAS managing director Ravi Menon said the prevailing policy stance "remains appropriate" despite grumblings of its failure to arrest inflation.
SIA Engineering can't shake off cost pressures and margin concerns
Risks of margin erosion and prolonged aviation sector weakness continue to weigh down the firm's earnings potential, says Maybank Kim Eng.
Inflation affects all Singaporeans squarely
All income brackets from the lowest 20% to the highest 20% effectively had to bear inflation increases in the 3.9-4.1% range in 1H12.
Singapore NODX strength faces regional pressure
A prevailing weakness in regional trade could hamper the country's suprisingly robust non-oil domestic exports, says BofAML.
Why MAS will stay dovish on monetary policy
Moderating inflation and creeping downside growth risks should convince the central bank to retain or even ease monetary policy, says OCBC.
Lethal scaffolding collapse at Bugis station triggers investigation
Ministry of Manpower will lead the inquiry on how two workers died and eight others were hospitalised in the worksite mishap.
NODX nudges up 6.8% in June
Non-electronic NODX in particular went into overdrive as pharmaceuticals, specialised machinery and printed matter all grew by double-digits.
Home buying spike in July will be short-lived
Newly confident home buyers will snap up deals this month but the purchasing spree will peter out by end-2012, says Colliers International.
F&B receipts fell 1.3% in May
Restaurants continued to post the worst m-o-m performance among all sub-sectors.
Singapore jewellers urged to go mobile
Trade Minister Lee Yi Shyan points to a growing but untapped market who shop jewellery via their smartphones and iPads.
New subletting restrictions levied on Singapore PRs
HDB has revised the subletting rules shortening it to a 1-year period and only if permanent residents have not done so before.
LTA tightens regulatory noose on train operators after disruptions
The transport body plans to impose tougher audits and possibly raise fines to prevent a repeat of last December's train service disruptions.
Dependent privileges lowered for work pass holders
Various pass holders may no longer bring parents, parents-in-law or sponsor the stay of spouses and children if earning below $4,000.
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