News

SIA gets go-ahead from ACCC

The Aussie dream draws closer with the Australian Competition and Consumer Commission providing draft approval for SIA to fly into Virgin Territory.

SIA gets go-ahead from ACCC

The Aussie dream draws closer with the Australian Competition and Consumer Commission providing draft approval for SIA to fly into Virgin Territory.

Government to invest $17m in furniture industry’s workforce

SPRING plans to train and certify 1,300 workers through 16 new courses.

Grade A office rents may plummet 18-22% in 2012

Rents are expected to drop to S$8.50-9psf, as the country’s employment and GDP growth is on the decline.

CapitaCommercial Trust shaken by lower rental income

Now it has less distributable income to share, down to S$51.9m in the third quarter from S$56.2m in the same period last year.

Testing times: Emerging market growth in its weakest level in nine quarters

The slow growth implies that the pace of global economic growth will remain disappointing at well below 3% in both 2011 and 2012.

Slower growth feared for Singapore

DPM Tharman said the government will spend more in the next five years to sustain growth. MAS meanwhile will continue “judicious management” of the dollar to curb inflation.

Residential prices may plunge 12-18% in 2012

Mass market unit prices are expected to drop from $1,000psf to $850psf next year.

Nidec halts subsidiaries' operations in Thailand

Flood damages have forced the company to halt operations of Nidec Electronics and Nidec Precision in Ayutthaya, Thailand.

Singapore’s hotel investment market amounts to a whopping US$1b in 2011

After China, Singapore has been the most active market this year, accounting for 27% of the total investment volumes.

If you’re at least 55, think twice before even writing that resignation letter

The Ministry of Manpower said that once out of work, older Singaporeans were more likely to stay unemployed longer.

Rough patch ahead for job seekers in Singapore

Now is not the best time to be quitting your job.

What you need to know about BW Group's plans: Moody's

Very interesting analysis of a Singapore shipper’s financial situation.

Listed production company Scorpio East's directors sue each other for defamation

All independent directors are being sued by the non-executive Mr Hady Hartanto.

Hopes rise as Singapore GDP may grow to 5.3% in 2H11

Could a 6.9% growth in manufacturing save the country from a technical recession?

Alibaba to woo Temasek to finance Yahoo stake buyback

China’s biggest e-commerce company is set to retrieve what it used to own in Yahoo but apparently needs Temasek to the rescue.

Analysts fear tough times loom for the semiconductor sector

Signs say an industry watcher would be nuts not to lower growth forecasts.