Singapore

Mayday, mayday: SIA braces for a depressing load factor

Blame it on poor travel demand on its Japan routes.

Mayday, mayday: SIA braces for a depressing load factor

Blame it on poor travel demand on its Japan routes.

Amazing investor confidence reaches all-time high in 2011

The Friends Investor Attitudes Index reached 21 points in, up from 16 points a year ago.

Non-oil domestic exports 'sluggish' at 4.5% increase in June

This is likely to add another ugly stroke to the set of advance GDP growth figures released last week.

Ready for takeoff: Jetstar plans $500m investment in its Singapore hub

The budget airline of Qantas will also add five Airbus A320s and two A330s to its Singapore operation.

Centra Loft at Geylang holds preview today

Will it sell out like its sister development Centra Heights?

Superstition could boost July home sales

Developers might as well pray buyers remember it’s Hungry Ghost Month in August and buy this month as otherwise overall sentiment is cautious.

Expect property take-up to be lower: CBRE

Meanwhile home prices are stabilising with 1.9 percent increase in the second quarter compared to 2.2 percent in the previous quarter.

Anybody home? More and more units remain unsold

Compared to May 2011, unsold units increased 7.7% in June to 4,675 units.

F&B sales up 5.2% in May

All major segments performed better compared to the same period in 2010.

May retail sales up 10%

Bad news though for retailers of optical goods & books as sales dropped 3.3% compared to May 2010. Meanwhile supermarket sales fell 1.2% in May 2011 over the same period last year.

Changi Airport launches campaign to boost Japan travel

The multi-partner Friends of Japan initiative seeks to support tourism recovery in the disaster plagued country.

SGX lists 800 Super Holdings to Catalist

The exchange eager to accept more companies from the environment sector in their plan to seek exposure and capital-raising in Asia.

Singapore Airlines stepping up in northern winter schedule

With the new schedule, Singapore-Guangzhou services will double, to 14 flights per week from seven. while frequency between Singapore and Mumbai will increase to 17 flights per week from 14.

Changi Airport serves 4mn passengers in June

For the first half of 2011, the airport handled 22.4mn passengers, up 10.7% while low cost carriers led the growth in passenger movements, increasing 25.2%.

Keppel Shipyard to deliver FPSO Aseng for Equatorial Guinea

The oil tanker can process 80,000 barrels of oil per day and can store about 1.7mn barrels of oil.

Transcu shocker: $5m loan from Chairman yet to be received by company as shares suspended on warnings of cash flow crisis

On June 1, Transcu received a firm commitment from CEO Akihiko Matsumura for the $5m shareholders loan, but according to sources, the loan “is still not physically within the company yet”.