News

M1 net profit tumbled by 17.8% YoY

With a squeezed pocket, does M1 still have sufficient fund to cover higher roll-out cost for a nationwide 4G smartphones?

M1 net profit tumbled by 17.8% YoY

With a squeezed pocket, does M1 still have sufficient fund to cover higher roll-out cost for a nationwide 4G smartphones?

Private homes launched in June fell dramatically by 46% MoM

Consequently, inventory of launched and unsold units dip by 1% as take-up rate rose to 104%.

Chart of the Day: New homes launched reach five-month record

The 14,272 figure surpassed the total launched for the full year prior to 2010.

Singapore importing more low-priced vegetables from China

China's market share of vegetable exports to Singapore increased to 29% in 2011, an eight percentage point rise from 2002.

Keppel and Sembcorp to benefit from new Brazilian orders

21 rigs are awaiting the big shipping lines by 12 September.

Tech sector to suffer dreary revenue reboot in H2

2012 growth expectation is pegged at -2% and 12% in 2013.

SPH net profit sinks 11.5% YoY

But the S$99.8-m decline sees hope in the growing rental income.

Tech sector revenue to crash 1.2% in Q2

Net earnings are likely to plunge 26% YoY amid demand decline.

Singapore's earnings growth to rebound to 14% in 2013

Good times are back after a weak 5% growth over the past 6 quarters.

Hungry ghost festival to haunt private home launches

Who will buy the 10,000 new homes in 2H12?

Venture's net profit to slump 19% to S$33.7m: DBS

Sales are also expected to drop 9% to S$571m in 2Q12.

Private home sales plunge 16% in June

This is the worst month in 2012.

Readers deserting SPH newspapers

This is bad for the company as they will have to increase staff costs by 2.6%.

COE prices down 2.9% in June

Prices for the open category eased to SGD84,389 from SGD86,889.

Disappointing Q2 GDP reduces likelihood of monetary tightening

Nomura expects inflation to hit 2.0% in the next three months from 2.7% in May.

Negative Q2 GDP spurs more worries of technical recession

Official forecast full year growth range of 1-3% more likely to be revised downward, says Nomura.

Chart of the Day: Rents for non-landed properties steady at S$3.53 per sq ft

Island-wide median rents for landed homes meanwhile continued to rise reaching S$2.63 per sq ft per month.