Singapore

How has Singapore responded to the opening of the IRs?

Tobacco, Alcohol and Gambling are sometimes referred to as the ‘sin industries’. Not withstanding the theological implications of that word, these industries are sometimes presented in an unfavorable light because, if not properly regulated, they can provide the context for undesirable behavior.

How has Singapore responded to the opening of the IRs?

Tobacco, Alcohol and Gambling are sometimes referred to as the ‘sin industries’. Not withstanding the theological implications of that word, these industries are sometimes presented in an unfavorable light because, if not properly regulated, they can provide the context for undesirable behavior.

The hidden cost of economic restructuring revealed

Levy hikes for foreign labour may sound beneficial to local job hunters but do you know the costs passed on to consumers?

DBS full-year profit up 15%

DBS Group Holdings reported net profit of S$3.04b for 2011.

Singapore Markets Morning Briefing - what you need to know for Fri Feb 10, 2012

Nikkei suffers weak start while modest gains are reported on Wall Street.

Bedok South Avenue 3 tender receives top bid of $345.9 million

How close was the race between the highest bid and the second-ranked bid?

What's the estimated unit cost at the new Bedok South Avenue 3 residential site?

The winning developer may sell units at around $1,100 per psf based on its tender bid, says CBRE.

Will Raffles Education continue bleeding revenues?

While its latest earnings showed a 13% dip in revenues DBS sees signs of a flattening out.

Singapore businesses facing higher CPF contributions

It's time to brace for an additional 3 to 4.5% points in savings contributions for workers aged 50 to 55.

Stamford Land appoints Kiersten Ow Yiling as Manager of Treasury

Ms Ow will assist the COO with the management of the Group’s Treasury functions.

Total Access Communication Public's Chief Financial Officer resigns

Vanna Pornsinsiriruk to leave the company effective April 30, 2012.

Tiong Woon’s revenue surges 36% to S$75m in 1H12

Revenue for its Marine Transportation segment grew the most at 86% to S$5 million in 2Q12.

Parkson Retail Asia’s net profit jumps 28% to S$27m in 1H12

The surge in profit was largely driven by the group’s opening of new stores and the inclusion of its operations in Indonesia.

Fraser and Neave’s revenue plunges 11% to $1.4b in 1Q12

As the unprecedented flooding in Thailand has caused the group to halt its dairy operations in Rojana.

Asia Pacific Breweries’ net profit surges 34% to S$155m in 1Q12

IndoChina and Thailand reign as the group’s largest contributors at 45%.

Luxury residential market to be the hardest hit by additional buyer’s stamp duty

Foreigners who made up almost half of the prime home sales last year may retreat and shift interest to cheaper homes.

Emerging markets’ GDP to overtake developed economies by 2014

It’s not so far-fetched with almost 70% of total world growth seen to come from emerging markets in Asia.

Tiger announces services between Singapore and Kochi

Tiger Airways will now serve five destinations in India.