News

Wilmar's profit to slump amid China cooking oil price pressure

This could drain 3% from Wilmar's 2012 earnings if price hike continues.

Wilmar's profit to slump amid China cooking oil price pressure

This could drain 3% from Wilmar's 2012 earnings if price hike continues.

Higher starting monthly pay shocks fresh grads

Monthly salary for degree holders is S$2,678 for without Honors and S$2,882 for with Honors.

Need a raise: 1 in 2 banks to raise wages

They expect salaries to rise in the next 12 months by an average 6%.

Home vacancies to rise by 14% in 2015

Oversupply of private homes intensify as URA raised estimates of completed homes, says CIMB.

URA launches 2 property sites for tender today

One is a 0.27ha residential site at Farrer drive and the other, a 0.82 ha commercial site at Tai Tong Crescent.

Government's move to take taxis out of COE bidding futile

Learn from OCBC why COE prices are unlikely to fall drastically even with the new rule.

Singapore Exchange suffers 23% drop in earnings

Securities Revenue also fell 15.5% amid market uncertainty.

Singapore Airlines recovers from $36m loss a year ago

Parents' operating profit swung back to $85M in 1QFY13 but other segments remain in red.

SMRT unveils plans of 10% staff increase

Headcount costs will be offset by savings in electricity expenditures.

Chart of the Day: MAS Core Inflation remains at 2.7%

Excluding the costs of accommodation and private road transport, MAS Core Inflation was stable for the third consecutive month.

Tiger Airways struggles in $14m after-tax loss

The airline casts hope in Tiger Singapore's operating profit of $4m.

Singapore Airlines promo fares triggered 10% passenger load rise

But passenger yields fell 3% resulting to a smaller increase of 7% in SIA's revenue.

Printing output in the red

Printing output in books, magazines, labels, and organizers dropped 12.2% in June 2012.

Marine & offshore engineering sails with 8.1% gain

The segment was lifted by higher output from rig building and ship building activities.

Pharmaceuticals segment feverish with 68.7% rise

This was partly due to a different production mix of active pharmaceutical ingredients.

Jardine Cycle and Carriage profit up by 5%

Consolidated net debt was US$750 m at end-June 2012.

You've been hacked: 6 in 10 Singaporeans ignore changing passwords

It's high time that Singaporeans learn 'good cyber hygiene'.