News

Singapore overseas investments jumped 9.7% in 2011

Investment outflows for international expansion and trade defied the downturn fears to grow in almost double-digits.

Singapore overseas investments jumped 9.7% in 2011

Investment outflows for international expansion and trade defied the downturn fears to grow in almost double-digits.

OCBC’s net profit up 3% to a whopping S$2.3b in 2011

As the group’s customer-related businesses showed robust growth in the past year.

Singapore Manufacturing Federation gives a nod to 2012 budget

SMa however disagrees over the reduction of the ‘S’ pass holders from 25% to 20%.

Chart of the Day: Singapore GDP and Key Components

Is the economy bottoming out in the first quarter of 2012?

Currency Briefing - what you need to know for Mon Feb 20, 2012

Amidst improvement in risk sentiment, the Singapore dollar has edged up against the US dollar.

Singapore Markets Morning Briefing - what you need to know for Mon Feb 20, 2012

US equities are said to be in buoyant mood, and everyone awaits the results of the EU ministers’ meeting today.

NODX exports dip 2.1% in January 2012

It's a bad start for Singapore as non-oil domestic exports careen off the 9% increase from last month.

PIC reimbursements doubled to $60,000

Businesses are promised more money for upgrades made under the Productivity and Innovation Credit (PIC) scheme.

Multi-million financing set for Singapore firms expanding abroad

A so-called project finance company (PFC) will scour $400 million in annual funding for corporate overseas projects.

How can Sembcorp Marine command higher margins?

Roaring demand and a capability to deliver in short notice are allowing the rig and shipbuilder to charge premiums.

Singapore Land’s net profit plunges 51% to $330.7m in 2011

As gross rental income from investment properties dropped by $8.6 million last year.

Hong Leong Finance joins SGX as Catalist sponsor

As a full sponsor, HFLF will be able to introduce new listings to the Catalist board.

UIC’s net profit plummets 71% to $214m in 2011

As sales of its trading properties didn’t do so well last year.

Total trade expands by 8%

Singapore’s total trade in 2011 reached S$974b.

Chart of the Day: Non-landed private homes sold rose by 205% m-o-m

It rose to 62% YoY to 1,868 units excluding EC and landed-units - the most units sold in a whooping 21-month period.

Put up or shut up: Starhub warns MyRepublic on NBN claims

Starhub takes aim at allegations  made by founders of MyRepublic, two of which are Starhub's ex-seniors.

Currency Briefing - what you need to know for Fri Feb 17, 2012

The Singapore dollar gained some ground but saw any further rises capped amidst Greece's sovereign debt troubles.