Singapore

M1's new prepaid MasterCard to challenge StarHub?

This multi-purpose debit card offering from M1 allows users to top up M1’s prepaid cards, pay public transit fares, and make contactless purchases.

M1's new prepaid MasterCard to challenge StarHub?

This multi-purpose debit card offering from M1 allows users to top up M1’s prepaid cards, pay public transit fares, and make contactless purchases.

GDP gains momentum as manufacturing makes a comeback

The Singapore economy expanded 10% in 1Q12 in a dramatic reversal from last quarter's 2.5% contraction.

NODX rockets to 8.3% growth in April

Returning confidence in some major markets helped non-oil domestic exports recover after it shriveled 4.3% last month.

Official GDP forecast remains at cautious 1-3%

What kept the Singapore government from raising 2012 growth predictions even after the economy bounced back from a qoq contraction?

Tampines Avenue 10 bid flop blamed on poor transport options

Only three consortiums showed interest on the residential site with the top bid coming in at $252,777,000.

Tender launched for more prefab hubs

A 20,000 sqm land parcel at Kaki Bukit Road will be leased specifically for productivity-boosting construction and prefabrication hubs.

DBS emerged top bank in 1Q12

OCBC, DBS, and UOB posted results that exceeded expectations in 1Q12, but DBS had the strongest growth, by 17%, in fee income.

Why Facebook magnate Eduardo Saverin chose Singapore

"Becoming a Singapore resident enabled me to engage in more sophisticated financial activities," says Saverin.

Silk Air’s fleet expansion pays off with 26% surge in RPK

The regional wing of Singapore Airlines outperformed SIA in terms of revenue passenger kilometer although demand in the freighter segment remained weak.

MTI maintains 1-3% GDP growth forecast for 2012

Considerable downsides for Singapore’s externally oriented industries are expected if a disorderly sovereign debt default in the Eurozone materialises.

Watch: The horrific Ferrari crash video everyone is talking about

A ridiculously overspeeding Ferrari GTO smashes a cab in a crash that killed 3 people.

SIA says goodbye to Abu Dhabi and Athens

Singapore Airlines will be suspending services to the two cities due to the sustained weak performance of both routes.

SMRT ordered to replace flawed third rail parts

Goodbye to power supplying rail parts with visible hairline cracks, but how much will these unexpected replacements cost SMRT?

ST Engineering leverages capabilities through EcoServices investment

EcoServices' expertise in engine wash services will boost ST Engineering's aerospace sector’s global maintenance, repair and overhaul network.

Chart of the Day: DBS SGD NEER fluctuates around mid-point of policy band

The band was narrowed to ±2% around its mid-point, and analyst says this should help to mitigate some of the downside risks to the Singapore dollar.

Currency Briefing - what you need to know for Thurs May 17, 2012

The Singapore dollar has so far depreciated by 2.4% against the US dollar this month.

Keppel's O&M orderbook and Sete Brasil contracts: cushions against current weakness?

Analysts cite recent downturn in stocks as mere near term disappointments, and expects Keppel's operating margins to persist in the 14-16% range.