News

IDA to slap OpenNet with a S$1m fine

That is if they fail to serve the customer within 3-10 days.

IDA to slap OpenNet with a S$1m fine

That is if they fail to serve the customer within 3-10 days.

NOL to fire 400 workers in desperate cost saving move

It may save the shipping liner half a billion dollars.

SMRT to face massive fines on service disruption

$1 million could be levied if the trains break down again..

Homes alone: Unsold units to breach record high in 2012

Launched but unsold unit numbers surging as developers hold back releasing units from the first half of the year.

Posh home prices up 3 %

Luxury homes cost an average of S$2,300 per sq ft in 2Q12 but still well below pre-crisis peak level.

Bunker fuel prices finally down after about a year

Growth in 2Q12 is 11% lower QoQ but know why it's not a time yet for shipping industry to rejoice.

Chart of the Day: More Singaporeans are staying single

The proportion of singles has increased across all age groups.

Singapore still 26th in World Airport Rankings

Meanwhile, Hong Kong jumps two places higher to 23rd as Singapore fails to improve its on-time performance significantly.

Tiger Airways soars past Singapore Airlines in on-time flights

It was a no-contest as the budget carrier had 90.58% on-time departures this June compared to the flag carrier's 81.86%.

Golden Agri-Resources dispels drought in the West

Palm oil prices already tracked back above MYR3,000/ton in July.

Airlines brace for financial turbulence

Oil above $110 a barrel will hurt.

Singpost forced to appoint independent assesor for late mail

Part of anew plan to bring fines up to $50,000 for late mail.

NBN take up terrible

90 % of Singapore covered but guess how few have subscribed ?

Singapore June PMI bucks global trend

Index came in at 50.4, slipping 0.4.

Chart of the Day: Overall private residential property index up

There was a 0.4% rise in the second quarter, compared to the 0.1% fall in Q1.

Hungry for Indochina: Tiger Airways bites into Singapore-Phnom Penh flights

The low cost carrier will offer daily trips to the Cambodian capital as part of a more aggressive expansion strategy in Indochina.

What you need to know to protect your wealth from inflation

Almost 4 in 10 investors say they are either fairly cautious or looking for capital preservation - so where should you invest that hard-earned money?