News

UOL profit crashes 19% to S$171.7m

Blame it on lower income from property development and expensive marketing.

UOL profit crashes 19% to S$171.7m

Blame it on lower income from property development and expensive marketing.

Genting Singapore 1H12 profit down 27%

The two recently approved junkets and the new  Equarius Hotel & Beach Villas failed to attract  higher net worth customers.

Tiger Singapore passenger carriage dips 3% to 339,000

Even TIger Australia carriage crashed by a whopping 53%.

Chart of the Day: NODX eases on weaker external demand

Plain and simple, risk is on the downside, says DBS Group Research.

Here’s how OUE office spaces are priced

DBS Towers is the cheapest of the three topnotch commercial buildings at $5.70 psf/month.

Singapore trade slows to 2.9% in 2Q12

Seasonally adjusted, external trade declined qoq by 3.1%.

Government trims 2012 trade outlook after rough 2Q

IE Singapore now expects total trade to grow at a milder 3%.

Official GDP outlook narrowed to 1.5 to 2.5%

Lower band raised from 1.0% while upper band lowered from 3.0%.

Fraser and Neave profit down 16% to $185M

3Q12 decline wasn't due to weak operations though, the F&B firm insists.

Labor productivity contracts for the second straight quarter

Productivity still contracted though unemployment edged down to 2%.

4 in 7 service clusters dipped in 2Q12

The accommodation sector registered the biggest slip of -5.8%.

MAS likely to focus on inflation than on exchange rate policy

DMG expects MAS to maintain its policy stance of a modest and gradual appreciation of the Singapore dollar NEER.

SingTel subsidiary's earnings 37% below consensus expectations

Bharti's net profit was hurt by rising competition and expenses.

Here's why offshore companies don't freak out amid economic crisis

Offshore drillers reveal that exploration and development activities remain robust.

Venture Corp suffers waning customer loyalty

The 19.9% profit fall sees a slower recovery in 2H as there is less visibility from customers.

5 reasons why drillships is top choice over semi-subs

Drillers seem to prefer drillships over semi-subs as evident from recent order activities.