News

ST Engineering splurges $49.7 million on Americas aerospace expansion

It has purchased an aerospace maintenance facility and freighter conversion certificates to establish a regional foothold.

ST Engineering splurges $49.7 million on Americas aerospace expansion

It has purchased an aerospace maintenance facility and freighter conversion certificates to establish a regional foothold.

OCBC, DBS, and UOB pamper ultra-rich Singaporeans

Each bank targets Singapore's rising rich with diverse product offerings, but which bank gets the highest revenue contributions from this wealthy market?

Offshore wealth in Singapore reaches a whopping US$1trn

You'll never guess which region increased its offshore wealth in Singapore by more than 50% to US$140bn in 2011.

Wow! 17% of Singapore households have wealth of more than US$1m

If you're looking for a millionaire, you know where to go.

Analyst sees no near-term improvement for Wilmar

Phillip Securities Research believes there may not be much earnings catalyst for Wilmar this year.

Why Olam's acquisition of a Nigerian asset is not a cash cow

Kayass is a good fit for Olam but it yields marginal profits, says CIMB.

Chart of the Day: Singapore policy rates below Lehman crisis level

Should Singapore raise threshold for monetary easing?

Hiring slowed down in Q1 2012

Overall unemployment rate also went up slightly to 2.1% from 2% in the fourth quarter.

CPI inflation forecast to average between 3.5% and 4.5% in 2012

MAS says CPI-All Items inflation is expected to remain elevated and volatile over the coming months.

Public housing rents got cheaper

But resale HDB in top three towns got more pricey.

MAS says economic activity likely to remain restrained

GDP growth is expected to come in within the 1-3% range for the whole year.

From SmartSurf to i2Surf: Starhub to abandon data bundles of 12Gb+

Starhub to offer i2Surf as core post-paid plans - what about M1?

15,000 more Singaporeans banned from casino gambling

These low-income, aid-reliant individuals can't risk losing what little money they have, says the government.

Cost-cutting halves Singapore bankers' notice periods

Three months of paid notice is now the standard instead of the once luxurious six-month "gardening leave".

Chart of the Day: Singapore yards bag 41% of market share

Yards in Singapore have consolidated their position in top five rig builders, says Macquarie.