News

SMRT dividends endangered by disruption-related upgrades

Government has imposed expensive upgrades on SMRT's rail systems which will likely force the firm to fall short of its dividend payout.

SMRT dividends endangered by disruption-related upgrades

Government has imposed expensive upgrades on SMRT's rail systems which will likely force the firm to fall short of its dividend payout.

Strata-titled office sales quadruples to $485.03 million

This crazy climb was likely triggered by the increase in the number of new launches in 2Q12.

Residential sector hits $4.76b in 2Q12

The total investment sales value increased by an amazing 78.9%.

Private property sales rocket to a massive 131.1%

This beyond double surge is from the $2.41b-worth of 10 big-ticket deals.

Conservative Singaporean investors place bets on stocks

3 out of 4 consumers will not invest in mutual funds and structured investment products.

3 of 5 Singaporeans prefer face-to-face banking deals

Cautious clients would not exchange banking security for convenience.

Wise Singaporeans among heavy credit card users

A whopping 62% of Singaporeans turn to credit cards when paying.

Ailing hospital bed shortage to persist till 2016

Nearly 2 beds per 1000 people are just not enough.

Investors more cautious in buying industrial spaces

Blame it on URA's efforts to clamp down on the unauthorised use of industrial space.

Ascendas REIT lags in portfolio occupancy

Its multi-tenanted buildings portfolio was only 90% occupied as of end-FY12.

Keppel clinches a USD242m deal for a jackup rig

The rig is scheduled for delivery in 1Q 2015.

Almost 8 out of 10 consumers in Asia Pacific distrust financial advisors

So, who do they consult with regarding personal finance and wealth?

Telcos need more cash to buy spectrum

Telco bids may rise up to 20% over the price M1 paid for the last 1800MHz auction, says MayBank KimEng.

StarHub may fail to raise dividends

Spectrum cost to push up 2013 cash needs by 43-51%, says  KimEng.

Chart of the Day: Rates of Grade A office rent fall

The average monthly rent of CBD Grade A offices was S$8.47 per sq ft in the second quarter of 2012.

14 new bus routes slated for September

Minister Lui Tuck Yew said this will improve service levels for at least one in three existing buses routes.

Financial assistance powers proposed for LTA

New amendments to the LTA Act seek to authorize the transport body to hand out loans, grants and guarantees to bus operators.