News

Winning and rigging soon: More than eight $1B contracts from Petrobras

Keppel is rumored to be in final negotiations with Petrobras on two of the eight FPSOs. Jurong Shipyards and the Mendes Junior-OSX consortium are the other forerunners. 

Winning and rigging soon: More than eight $1B contracts from Petrobras

Keppel is rumored to be in final negotiations with Petrobras on two of the eight FPSOs. Jurong Shipyards and the Mendes Junior-OSX consortium are the other forerunners. 

DBS merger deal in Indonesia seen to cement bank’s hold in SE Asia

The bank’s plan to merge BDMN with PT Bank DBS Indonesia will create the fifth largest bank in Indonesia.

Chart of the Day: Electronics sector expanded in April

It was the 3rd consecutive month of expansion for the sector.

Hospitality, recreation sectors top jobseeker's list

Even if jobseekers view jobs here not offering long-term security and competitive compensation package.

Venture Corp reports slow start in 2012

Profit after tax and minority interests down by 13% in 1Q12 but optimism skewed towards 2H.

CMT's Hougang Plaza sells for S$119.1m

CapitaMall Trust expects an approximate net gain of S$83.8m from the sales.

What are CapitaLand's growth pillars?

The property developer is leaning heavily on local and Chinese residential and mall projects to propel its earnings.

Ascendas seeks private placement of 150 new units

The proposed private placement is projected to have a gross proceeds of S$298.5million-S$306million.

Too much of a good thing? Singaporeans suffering from info overload

Three out of ten consumers said they now ignore the emails, direct mail and social media messages they receive.

Are office spaces doomed to be ghost towns?

Analyst says weak hiring sentiment should keep office space demand low.

Chart of the Day: Real estate industry fears drop in business receipts

It’s one of two industries not so upbeat with their business expectations for the second quarter.

Sembcorp Marine's margins shrinking? Don't panic, it's normal

The company's outstanding orderbook stood at SG$5.1b and it continues to rake in new contracts.

Singapore Corporate Governance Code revised

Rules on director independence, remuneration and disclosures have been tightened to instill confidence in capital markets.

Rail Corridor set for infrastructure upgrades

Improvements are imminent as the Urban Redevelopment Authority tries to develop the Rail Corridor's event spaces.

SMRT bus business hammered by higher costs

Revenue is increasing at a respectable 5% pace but faster-rising operating expenses are eating up potential profits.

Singapore is Asia's lone "hyperconnected" state

The Lion City retained the position for the third consecutive time and is the only Asian country in the top 10 this year.

Ho-hum months ahead for the services sector

No jumping for joy among service businesses with only a net weighted 6% looking forward to better prospects over the next 6 months.