News

Dark clouds ahead for Singapore economy in 2012

Don’t get your hopes up as growth will be subdued at 1-3%.

Tough times loom for technology sector, warns analyst

External shocks, including the yet-to-subside floods in Thailand, continue to plague the sector.

Singapore economy surges 6% in 3Q11

As the manufacturing sector made a comeback from its 5.6% decline in 2Q11, having grown by 14.2%.

Sino Construction’s 64% surge in expenses being probed by SGX

SGX also questions the company’s intangible assets as at 30 September 2011.

Too much optimism? Seroja Investments’ statement gets SGX skeptical

The company said in its 2Q results that it is “optimistic of its performance in FY2011,” but SGX asks - has this forecast actually been met?

SGX questions Hengxin Technology’s spending spree

The manufacturing company’s expenses increased by about 43% in 3Q11, and SGX demands an explanation.

What you need to know about CapitaLand subsidiary’s amazing profit surge

Ascott Residence Trust’s gross profit rocketed significantly in 3Q11 - but by how much?

Worries of SingTel being slammed by NBN overdone

DBS refutes popular perception that national broadband network will hurt SingTel - but on what grounds?

Singapore loses to Hong Kong in top 20 global retail rental markets list

Hong Kong shines on top 2 with more high-profile leasing deals - but guess how further down the ranking Singapore is?

Sinotel Technologies responds to SGX queries on financial statements

The discrepancies in the company’s decrease in revenue and trade receivables got SGX concerned.

Manufacturing company China Sky’s shady transactions to be investigated

SGX ordered the company to appoint a Special Auditor to look into repairs and maintenance costs amounting to RMB72m or US$11.3m in 1Q09.

Industrial property sales dip 10% to S$1.1b in 3Q11

It seems like the sector has been greatly affected by constant threats of recession.

Singapore exports plunge 16% in October

As exports of electronic products plummeted 31% last month.

Is sweet success near for Wilmar subsidiary and Proserpine?

Sucrogen now awaits creditors’ approval after striking a deal with Proserpine Administrators.

75% of directors worldwide shaken by heightened risk in tax legislation

And oh, companies now fear entering emerging markets due to higher risk of tax controversy.

Singapore risks being slammed by EU bank deleveraging

And the impact on domestic credit will be significant in Korea, India, Indonesia and Malaysia.