Singapore
Otto Marine clinches AUD57m charter contracts
It’s for two Deep Water Anchor Handlers.
Chart of the Day: See the slump in car prices that drove CPI lower
Due to lower COE premiums.
Daily Briefing: MDA drops self-regulation arts scheme; BOC orders 82 Boeing planes
And alleged “Messiah” hacker receives 105 more charges.
Unit labour costs jumped 4% in Q2 amid higher wages and weak productivity growth
Productivity gains won’t be large enough to counter rising wages.
Discover how much Thai tycoon Charoen Sirivadhanabhakdi is likely to pay for OCBC’s UEL shares
He’s a savvy investor who will not overpay for assets.
The challenge of engaging Singaporean employees
Culturally, engaging Singaporean employees can be somewhat tricky. While they are often not highly vocal in their criticisms, they tend to be very discerning and hold their organisations to highly exacting standards.
Around $387m in late and overdue taxes recovered in FY14: IRAS
There were over 15,000 non-compliant taxpayers.
Singapore July inflation eases to 1.2% on back of lower private transport costs
Accommodation and food costs also fell.
Singapore named Asia’s most expensive medical tourism destination: report
It’s the second costliest location worldwide.
SIA’s Vistara unlikely to be profitable in the coming years, analysts caution
India’s 5/20 rule remains a big concern.
Emergency warning: Raffles Med braces for headwinds as number of new hospitals surge
Its price gap with leading hospitals has narrowed to less than 10%.
Otto Marine mulls IPO for subsea services unit
It’s focused on widening its international profile.
New Municipal Services Office to open on Oct.1: MND
It’s set to improve municipal service delivery.
Chart of the Day: Take a look at the country’s surging private home vacancy rate
There is a total of 297,998 vacant private homes island-wide.
Daily Market Briefing: STI closes flat
But it could be heading higher.
Daily Briefing: Singapore among worst countries for real estate investments; Residential property market to weaken further in 2H
And SGX sees 5% spike in operating costs.
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