News

SMRT’s apology to cost S$900m

Following service disruptions that inconvenienced commuters, SMRT announced its assets renewal and upgrading plans.

SMRT’s apology to cost S$900m

Following service disruptions that inconvenienced commuters, SMRT announced its assets renewal and upgrading plans.

Tourist arrivals in Singapore to boost CapitaMalls Asia's retail sales

With a forecast of 14.5 million tourists this year, CMA expects more people to shop till they drop.

Higher foreign labor costs to hurt local consumers

With the tightening in foreign labour policy, wage cost pressure will keep core inflation elevated at around 3-3.5% level.

Surging COE premiums to drive inflation in the coming months

The hike may be due to the government's target to decrease car population growth rate from 1.5% to 0.5% per annum.

Chart of the Day: Singaporeans are living longer

Life expectancy has improved steadily over the last three decades from 72 years in 1980 to 82 years in 2010.

Maritime industry survival hinged on innovation

Singapore minister says it is the only way firms can overcome brutally low demand and steep fuel prices.

Tax policies to play a significant role in Singapore's economic growth

Higher tax collections and modest spending initiatives are paying off as Asia-Pacific economies like Singapore reflect a steady growth rate between 5% and 6% per year.

Singapore households expect inflation to fall next year

Inflation expectations over the next one year was in fact at its lowest at 4.2%.

Offshore engineering to cause trouble for COSCO?

COSCO's inexperience in building tender rigs, jack-ups, and drillships may cause volatility in its earnings.

Chart of the Day: What you need to know about inflation in March

Accommodation cost, which jumped 9.8% yoy in March, remained the single largest contributor.

Three advantages to investing in Liaoning, China

Singapore minister identifies the lucrative investment perks and areas in the fast-growing Chinese province.

March inflation up 5.2%

Higher COE premiums drove inflation up from just 4.6% in February.

More Singaporean women joining the workforce

Singapore placed fourth among 19 Asia Pacific countries with an index score of 77.4, a survey shows.

COE premiums to rise as much as $100K

Recent tenders are pushing COE premiums to a peak level last seen 18 years ago, says DBS.

UOL's Katong Regency roars at former Lion City Hotel site

Around 70% of the 244 units have been reserved, with 130 units secured by sure-buyers.

Stagnating rental yields for 3 Marina Bay properties

Psf selling prices are outpacing rental prices at The Sail @ Marina Bay, Marina Bay Residences and One Shenton.