News

Crazy inflation to rocket 70% higher than the 30-year historical average

High domestic inflation averaging 4.5% in 2012 is here to stay.

Crazy inflation to rocket 70% higher than the 30-year historical average

High domestic inflation averaging 4.5% in 2012 is here to stay.

Singapore banks' profit to slump 18% in 2Q12

The large trading gains in 1Q will unlikely be repeated this time around.

Chart of the Day: NODX up, thanks to Hong Kong

Hong Kong was the top contributor to Singapore’s Non-Oil Domestic Export increase in June 2012.

97% of retiring Singaporeans offered re-employment

Virtually all Singaporeans who hit the retirement age of 62 are guaranteed an option for continued work due to the tight labour market.

SGX denies rumors on LSE merger

The bourse said it was not in talks with the London Stock Exchange to form what could have been the world's third-largest exchange group.

CCT earnings up 7.8% in 2Q12

CapitaCommercial Trust squeezed out income from higher tax savings and still-growing office and retail leases and renewals.

MAS looks into setting of key interest rate benchmarks

The central bank is following suit as Libor scandal triggered interest rate reviews worldwide.

Trading, investment earnings to fall 14% in 2Q12

Blame it on banks raising wholesale funding instruments.

Entry-level salaries rose by up to 9.1% in 1H

Learn what job-types offer higher pay for fresh graduates.

European banks re-leverage in Asia

Asia’s total exposure grew by 4.7% after a 10% decline in 4Q11 with Singapore  recording the largest increase.

8% of companies to freeze wages

If you want pay raise, go to Singapore-based firms.

Singapore firms fail to get into Asia’s top 50 ideal employers

Singaporean job hunters are salary conscious while HongKongers and Japanese are not.

4 in 10 companies to freeze hiring in 2013

The good news is only 1% of companies are expected to retrench next year.

Age does matter: 1 in 5 Singapore companies still sacking old workers

Sad to see that companies are letting their most loyal employees go.

SIA beats Qatar Airways for best economy class

The airline also snatched the Best Economy Class Onboard Catering award.

DBS' bid for Danamon won't be jeopardised by new ownership cap: CIMB

Indonesia's exemption guidelines spell a higher chance of a DBS-Danamon M&A.

More than 20,000 stores and taxis to adopt mobile payments

Singapore still lags behind Philippines and Thailand in m-payments.