News

Chart of the Day: NODX up 6.8% in June 2012

This was due to an increase in both electronic and non-electronic domestic exports, says IE Singapore.

No red lights: Porsche sales up 11% in AsiaPac

The luxury car manufacturer sold 2, 238 vehicles in the first half of 2012 in clear defiance of the downturn.

Keppel Land earnings shoot up 76.8%

Its impressive $236.6 million net profit for 1H12 was attributed to strong property trading and improved K-REIT Asia performance.

Shop house sales fall 25%

Blame it on the steep 34% increase in unit prices.

Strata office sales smash 1995 record

The average transacted unit price was a 56% increase from 1H11.

Strata shop sales hit 17-year high

A total of 669 units were sold in 1H12--the highest since 1995.

3 in 4 banks outsource jobs overseas

No wonder 43% of people in transactional roles lose their jobs to foreigners.

Internal auditors pressured to upgrade skill set

But 8% of them have no defined competency plan at all.

UOB 'unfazed' by move for local incorporation of foreign banks

The MAS directive allow them up to 25 new outlets.

8 in 10 organizations worry over their internal audit functions

There's no room for incompetence, especially in Singapore.

Visitor arrivals up 15% in Q1

Top contributors to visitor arrivals were Indonesia, China, Malaysia, Australia, and Japan.

SIA slips a place in world airline ranking

In 2011, SIA ranked second but came in third this year.

Mystery potential buyer of F&N and APB stake revealed

OCBC Bank and Great Eastern Holdings previously said they were approached with an offer to purchase, and now we know who’s interested.

SingTel most well-governed company

Find out industries with biggest improvements in corporate governance according to NUS.

CapitaLand distributable income up 5.5% in 2Q

It rose to S$79.6M from just S$75.5 million for the same period in 2011 partly thanks to JCube.