News

Dear SMRT, it’s not time to rejoice yet

Efforts to replace signaling system and government’s move to increase rail capacity of the CCL have no immediate financial impact.

Dear SMRT, it’s not time to rejoice yet

Efforts to replace signaling system and government’s move to increase rail capacity of the CCL have no immediate financial impact.

Luxury residential prices seen to decline over the year

But average prices in Singapore remained stable for the sixth consecutive quarter despite slight rental correction.

Worst is not over for SMRT: DBS

Government regulation may add substantial burdens on operating its transport systems.

SIA Engineering to scrape 5-6% growth in next two years

Why is a crash and burn not yet in the cards for this aircraft services company?

Will Singapore’s worrying inflation remain high in 2012?

UBS gives us a breath of relief as it thinks inflation is likely to fall sharply in 2012 - but on what grounds?

Tender alert: Residential site Crystal Tower up for collective sale

The tender will close on February 27, 2012 at 12pm, so be quick.

You're fired!: Layoffs up in 2011

If you still have your job, then you’re not among the more than 3,500 workers made redundant in the fourth quarter alone.

Bumpy ride ahead for SMRT

Falling net profits, persistent cost pressure and declining weekly ridership for CCL – what else to expect?

35% of firms foresees business conditions to deteriorate

Survey shows only 10% of firms expects business to improve in the first half of 2012.

Turbulent years ahead for Tiger Airways

PhillipCapital predicts even bigger losses in 2012 and a slower rebound in 2013.

Should Olam just stick to Russian dairy?

Its plans to invest heavily in grain cultivation comes with risks and no major advantages, warns Daiwa.

SMRT’s revenue surges 10% to $268m in 3Q12

The group stays strong despite the MRT disruption that caused a stir last year.

SIA Engineering’s revenue soars 13% to $303m in 3Q11

Things are looking good for the group as revenue from its fleet management programme surged in 2011.

Loan growth to slow significantly to a mere 8% in 2012

This is a depressing figure compared to 2011’s 30.3% growth.

Unemployment rate of 2% the lowest in 14 years

But there is still a shortage of talent across the board as companies look to hire experienced and skilled staff, according to Randstad.

Property investment company Hong Fok Corp responds to SGX queries

The company denies knowledge of any information regarding a substantial increase in the price and volume of its shares, but discloses a potential property redevelopment along Orchard Road.

Tender alert: Balestier redevelopment sites up for collective sale

The indicative price is in the region of $68m for Parcel A and $81m for Parcel B, subject to the tender process.