News

Asian travelers fuel 13% spike in tourist arrivals in SG

The number of tourists that flocked Singapore in 2011 soared to 13.2 million.

Asian travelers fuel 13% spike in tourist arrivals in SG

The number of tourists that flocked Singapore in 2011 soared to 13.2 million.

Inflation impacts only a minority in Singapore

MAS reiterates that inflation has little effect on those that own homes and do not pay rent, and those that are not new car buyers.

Chart of the Day: Europe tops sources of foreign direct investment in Singapore

European investors accounted for 36.7 percent or $227 billion of total foreign direct investment.

SMRT's earnings derailed by repair and maintenance

The reported earnings of SG$141.5m for FY2012 was not so bad, if only it did not represent a dip of 12%.

Real estate firms fear business decline

Survey shows a net weighted balance of 23% of firms in the real estate industry anticipate a less favourable business climate in the coming months.

Hoteliers expect happy days ahead

The accommodation industry predicts higher business activity until September 2012.

Will ka-ching ring loud enough for retailers?

Higher sales are expected with the Great Singapore Sale, but firms are not very optimistic especially retailers of motor vehicles.

How solid are growths in Asian economies?

Growth in countries like Singapore may have persisted owing to tremendous local stimulus, but financial markets remain tightly linked across the globe.

Manufacturing bullish for next two quarters

The struggling sector puts on its rose-colored glasses in a survey as it sees "better business conditions" to prevail until September.

SingPost rebound will take time to brew

It could take as much as three years before the company could rise out of the earnings red, predicts DBS.

Singapore's unemployment rate up to 2.1% in 1Q12

The talent market remains tight with companies needing to remain focused on acquiring skills.

"Shoe box units" a big hit among home buyers

Total primary sales of homes rose strongly +83%QoQ in the first quarter of the year on the back of buyers’ preference for units of less than 30 square meters.

No one's buying new: Zero units sold at new Sentosa properties

Ho Bee takes a beating as its 1Q12 revenue dives 51% due to unsold units at its newly completed and existing residential projects.

Singapore Land sales jump-started in Q1

Earnings was up 41% y-o-y, mainly led by additional units sold at The Trizon.

Are high costs in Singapore driving investors away?

Survey indicates Singapore has lost some momentum as investment destination in Asia-Pacific.

Singapore inflation spike a growing pain to higher productivity

Government's drive to boost productivity single-handedly driving up prices, says RBS.

DBS trading income and loan provisions on thin ice?

The former grew in 1Q12 but won't be sustainable while the latter's position is growing riskier, says PhillipCapital.