News

Executive condos are getting smaller

Guess which EC is the smallest in Singapore at 743 sqft in size.

Executive condos are getting smaller

Guess which EC is the smallest in Singapore at 743 sqft in size.

More than half of home owners today bought their units in resale market

Permanet Residents are thrice as many as one would expect for a suburban private property.

The 13 most unprofitable executive condos

Chestervale is the most unprofitable with 60% of units disposed in the secondary market at a loss - check out the others.

5 worst performers in the best performing period of the property sector

Prices rose by more than 50% in the last five years but there are some who failed to ride with the tide.

SMRT pushes 'Early Travel' discount to 50 cents

The higher discount is extended to Circle Line stations starting 6 August.

ST Engineering drops plan to buy PEMCO

Certain closing conditions could not be fulfilled by the seller.

ComfortDelgro to benefit from taxi supply cut

Its Singapore taxi operation is expected to contribute 21% to its 2012 profit.

CapitaLand enhances balance sheet flexibility

Aside from the establishment of a Note Programme, CapitaLand also announced its acquisition of a London hotel.

Economic slowdown to impact DBS’ loan growth

Management now expects growth of about 10%, down from 13%, partly due to decelerating trade finance business.

Chart of the Day: Retail expects drop in business volume

This is mainly because of the decrease in promotional activities as compared to the quarter that had the Great Singapore Sale.

Single mobile wallet launched for Singaporeans

Pay Citibank, DBS, EZ-Link, M1, SingTel and StarHub bills through NFC-enabled phones.

More than 1 in 4 Singapore flights flew late

An embarassing 27.44% flights from Changi Airport had 15-29 minutes delay.

Tiger Airways now fourth best on-time airline in Asia

Singapore's budget carrier is the best non-Japanese airline with 92.10% on-time flights.

OCBC's deteriorating asset quality finally recovers

Absolute non-performing loans declined 13% in 2Q12.

Sembcorp Marine to operate 2 in 4 new dry docks by 2Q13

The remaining two docks will be operational by early 2H13, says CIMB.

Two reasons why DBS hit record profits in 1H12

Limited asset-quality problems and cost controls overshadowed slower revenue growth.