News
Prices of 30-year leasehold industrial units surge 43%
This results to $298 per sq ft--narrowing the price gap between 30-year and 60-year properties.
Prices of 30-year leasehold industrial units surge 43%
This results to $298 per sq ft--narrowing the price gap between 30-year and 60-year properties.
Singapore banks exposure to Europe not significant
OCBC with a small exposure at 1.8% of total assets would be least affected by any fallout from Europe.
Singapore Airlines' transformation hit by several challenges
Refocusing to short-haul routes and banking on Scoot for low-cost business put SIA's profitability this year into question.
Anxious Singaporeans expect 4.45% price hike
Looks like Singapore households would be cash-strapped for another year.
Top 3 reasons why Singapore property beats rival HongKong
UOB Kay Hian expects sales volume to slow down by 10-15% in 2012 but here's why Singapore property still tops ASEAN market.
HDB resale price index inches 1.3% higher
Resale transactions also rose by 19% to 7,000 cases in 2Q12.
F&N breathes sigh of relief with Heineken offer extension
The deadline for acceptance of Heineken offer was moved to 3 August.
Dairy Farm shocks competitors with 149 new stores
The unexpectedly robust expansion led to an 8.3% profit rise for 2Q12.
Singapore Airlines slacks off in bringing tourists
Singapore's visitor arrivals by air grew 13.6% but SIA's passengers grew only 6%.
Developer fatigue becoming more obvious
Recent mass market tenders receive only 5-6 bids.
Policy measures targeting shoebox units cannot be ruled out
Shoebox units now accounting for 27% of total sales as of 1Q12, up from just 15% in 4Q11, raised the alarm.
Oversupply of private homes looms in the next 3 years
Annual supply of more than 13,000 units to outpace usual demand of 10,000, says UOB Kay Hian.
NOL's cost-cutting makes scanty US$100m savings
This is just around 20% of the line's full-year target of US$500m.
Home sour home: prices of private homes up 0.4%
Even rentals increased by 0.3% in 2Q12, said URA.
Chart of the Day: COE premiums and housing rentals continue to rise
Prices are unlikely to ease off as quickly as hoped, says OSK-DMG.
Biomedical single-handedly lifts June manufacturing to 7.6% growth
The cluster's commanding 54.4% expansion pushed Singapore past its 6.6% output performance in May.
Import and tariff policies put up for negotiation
Singapore's trade ministry has signaled intent to possibly amend trade policies related to its strict SPS measures and tariff lines.