News
Singapore set to splurge more on internet advertising
Will print advertisements soon be obsolete?
2 hotel sites at Kallang Riverside no longer on the reserve list
Government introduces more changes in the GLS Programme for the First Half of 2012.
Government confirms additional property supply in 2H
A total of 7,100 private residential units, 308,000 sqm GFA of commercial space and 3,700 hotel rooms coming our way in 2H.
More than 40% of private homes in the market remain unsold
A huge number that might indicate slowdown in the demand but the government remains optimistic, placing 13 more sites for private homes in 2H.
Olam's share buyback programme a curious situation: Maybank KimEng
Olam must be borrowing money to buy-back shares and there's doubt if the program would be even completed.
Olam forms joint venture with Lansing in Canada
Lansing Olam Canada will focus on merchandising Canadian grains and oilseeds to meet demand in North America as well as international markets.
Buangkok Dr condo site receives cheaper bids than Sengkang
Interest was lukewarm with only five bids topped by City Development at $301m.
Industrial land rents will slide up to 3% in 2012
Firms are now more cautious in expanding and will drive down rents, says Colliers.
Chart of the Day: Private rent down
Compared to the first quarter, private rent per square foot fell by 1% in April and May.
Why REITs are busy snapping up industrial property
REITs can't help but accumulate "yield accretive purchases" while interest rates remain attractively low.
A gloomy economy looms in the next 3 quarters, warns economist
How badly will Singapore be hurt?
SPH's retail landlord business to offset its newspapers' dwindling revenues
The S$47.9m profit of Singapore Press Holdings' retail business contributed 22% of the total profit of the company in 1HFY12.
Famous for Aussie flights? Scoot launches direct flights to Gold Coast
Five-times-weekly services to the land 'famous for fun' will now be available to passengers.
CapitaLand strikes off dormant resorts business
CapitaLand Integrated Resorts has been removed from the Register of Companies for its dormancy.
Singapore becomes more expensive for expats
Up two places since 2011, Singapore is in sixth place on the list of the most expensive cities for expatriates in the world.
Tiger Airways Singapore improves passenger numbers
The airline carried 339,000 passengers in May.
Available factory space in Singapore will triple in 2012 and 2013
Industrialists will be supplied an annual lot of 500,000 sqm in multiple-user factory space in the next two years.
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