Singapore
SingPost second quarter profit down 2.5% to S$39.5mln
The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.
SingPost second quarter profit down 2.5% to S$39.5mln
The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.
Singapore Exchange completes listing of Oxley Holdings
The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.
Quarter-life crisis: 78% of Singapore yuppies feel stressed and unsatisfied about work
Fear of losing jobs, not saving enough money for the future and economic uncertainty are making young Singaporeans worry about suffering from depression, anxiety and cancer.
Emerging markets deluged with capital as economies recover
A report from Moody’s Investors Service lists currency appreciation and the massive capital inflows for emerging markets as consequences of their rapid economic growth.
Working overtime: Singapore may raise retirement age to 68
Singaporeans might have to put their retirement plans on hold as Minister Lim Boon Heng suggested that Singapore may need to raise its retirement age to 68, like Finland.
New property prices may fall: developers survey
34% of developers surveyed by the latest Real estate Sentiment Index expect prices of new launches to fall, albeit by less than 10% over the next six months.
Singapore companies sign US$291mln projects with Vietnam companies
Deals of Keppel Land and CapitaLand with Vietnamese companies affirms positive Singapore-Vietnam business and investment climate.
MAS appoints Sundaresh Menon to its Board of Directors
Menon was the Managing Partner of Rajah & Tann prior to his appointment.
Pacific Star names Leslie Chua Research & Strategic Planning Head
Chua is tasked to enhance the company’s research and advisory services to global clients.
Great Eastern profit up threefold to $168.6mln
Strong profit from the Group’s focus on regular premium and protection products drove its stellar performance.
CapitaMalls Asia profit up 14% to S$68mln
The company on track to achieve investment target with strong cash position of S$1.4bln.
RIM Jobs tongue lashing: 7 inches is enough
RIM CEO Jim Balsillie has lashed out at Apple and its CEO Steve Jobs saying that in the battle over tablets, anything more than 7 inches is too much.
Tiger snaps over Air Asia CEO Tony Fernandes taunt that it is just “a bunch of white guys running the airline”
Tiger Airways has blasted perceived racial comments made by Air Asia CEO Tony Fernandes who said that “ We're Asians, not a bunch of white guys running the airline”, in reference to Tiger Airways which is headed by Tony Davis.
Providing solutions: A case study on Raffles Education's IT problem
With more than 31,000 students enrolled in its tertiary programmes, Raffles Education Corporation Limited (“RafflesEducationCorp”) is the largest private education group in Asia-Pacific, and is listed on the Mainboard of the Singapore Exchange.
Unlikeable Asian brands: More than 60 % don't have a Facebook fan page
PR Firm Burson Marstellar found that over half of the top 200 Asian companies listed on the Wall Street Journal Asia 200 index do not have a social media presence.
Mixed-use concept eyed for Stamford Road-North Bridge Road property
Residential units located in the junction are estimated to sell for above $2,000 psf with Perennial Real Estate and Chesham Properties’ plan to redevelop the 1.43 hectare area.
Prime office rents in Asia Pacific seen to increase by 9% by year end
A report from DTZ Research said that the property market is estimated to grow at an average of 4.7% in 2011 following growth in the office leasing sector across the region in Q3.
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