News

Bailout: OCBC says SIA’s load factor worrisome

Worse, load factors of SIA Cargo and SilkAir also fell, but by how much?

Bailout: OCBC says SIA’s load factor worrisome

Worse, load factors of SIA Cargo and SilkAir also fell, but by how much?

Fears Singapore prime office rents too expensive misplaced

Apparently prime office rents still cheaper in Singapore than Hong Kong or Tokyo.

21% of Singapore's wealthy don't trust their kids not to blow the inheritance

Amazingly, the rest trust their kids not to blow the family fortune.

Shopping shocker: Retail sales dip 0.1% in September

As more Singaporeans have become wary of splurging, especially on big ticket items like cars.

Good news from Down Under: Tiger Airways Australia gets approval from CASA

The Civil Aviation Safety Authority of Australia said the airline can now operate a maximum of 32 sectors per day.

Private home sales drop 20% in October

As the number of transactions dipped to 1,638 from the record high of 2,064 in September.

The eyes have it: Asians ditch glasses rapidly for contact lenses

GfK reports that the contact lens industry grew by 15% to USD615m.

Who lost S$2.8m in Olam’s commodity financial business?

It recorded a quarterly loss of S$2.8m versus 1QFY11’s S$4.4m profit.

Tax talks: 75% of companies worldwide shocked by more aggressive tax audits

Better beware as 97% of tax administrators say they will increase focus to scrutinize tax transactions in the next three years.

M1 vows to fight $300,000 IDA fine

The Telco says IDA got its facts wrong and refutes the IDA's findings.

ComfortDelGro profit up 12.5% to $69.1m

Its 3Q $877m revenue would have been stronger had it not been for the negative translation effect of the weaker Sterling Pound, Renminbi, and Dong.

Commercial investment sales plummet 53.1% to S$848.3m in 3Q11

The sector accounted for 18.8% of total investment sales in the quarter.

Tiger Airways slammed by $50m loss

Being grounded down under was a major blow for the struggling upstart.

Junkets could be approved in Singapore soon: RWS management

Latest feedback from Singapore government leaves RWS management hopeful of obtaining junkets licensing sooner rather than later.

Singapore women aged 18-25 prefer blog shopping

According to a release, Friday night saw the first blogshop fashion show ever staged in Singapore. Hosted by LiveJournal.sg, the event attracted over 200 guests including top bloggers and blogshop owners as well as local celebrities, online business executives and the media. Blogshops that showcased clothes and accessories in the fashion show inside the nightspot Butter Factory included DressaBelle, My Glamour Place, Momoteapot, Wonderstellar, FashPash, and Rashonal.