Singapore

Why Changi Airport hiked its passenger service charge by 43%

Raising its PSC to S$19.90 from S$13.90 will help fund the airport group's ambitious terminal expansions and cover rising operating costs.

Why Changi Airport hiked its passenger service charge by 43%

Raising its PSC to S$19.90 from S$13.90 will help fund the airport group's ambitious terminal expansions and cover rising operating costs.

SingPost fast-tracks transition into a regional, digital powerhouse

Another quarter of declining profits puts pressure on the firm to speed up investments outside its now low-margin domestic mail segment.

Prince Charles Crescent to go for $750 to $850 psf ppr

Knight Frank also predicts a selling price of $1,500 to $1,600 for the 2.38-ha government land residential site.

Keppel unit inks maintenance contract with Changi Airport

The 5-year deal will cover Keppel's facilities management services for Terminal 2's mechanical and electrical systems.

The Postman fails to deliver profit rise

SingPost profit fell by 2.2% to S$36.6m.

The Substation gears up for SeptFest 2012

The month-long festival of art and culture will run from 31 August to 29 September.

Mystery developer bids $390m for Prince Charles Crescent plot

The 2.38-ha site will be for sale by public tender in about two weeks.

Prices of small homes dipped 1.4%

Sub-index for units in Central Region also sagged 0.9%.

Raffles Medical Group expands overseas for the first time since 2010

The tender results for a private hospital in Hong Kong is likely to be released in 4Q12.

SMRT's earnings derailed by higher costs

The company's earnings grew by a smaller 5% to S$37m, says CIMB.

Singapore still one of the most actively traded markets in Asia Pacific

Global real estate investment volumes in the region increased 19% to US$ 26b.

Wilmar's profit to slump amid China cooking oil price pressure

This could drain 3% from Wilmar's 2012 earnings if price hike continues.

Higher starting monthly pay shocks fresh grads

Monthly salary for degree holders is S$2,678 for without Honors and S$2,882 for with Honors.

Need a raise: 1 in 2 banks to raise wages

They expect salaries to rise in the next 12 months by an average 6%.

Home vacancies to rise by 14% in 2015

Oversupply of private homes intensify as URA raised estimates of completed homes, says CIMB.

CapitaMalls Asia acquires Olinas Mall in Tokyo

The acquisition from Tiger Eye Realty Yugen Kaisha is worth S$367.3 million.