News

Slumping demand for office space sees industrial rents stagnate in 3Q11

No change in average industrial rental prices at $3.45 psf/month.

The technical recession is nearly upon us: DBS

DBS says Singapore may narrowly avert a technical recession as long as the growth momentum in the services sector remains positive.

Not wanted: 67% of companies won't be hiring in 4Q11

Your resume better pack a punch if you're planning to get a job in the last quarter of the year.

Fatalities from Keppel accident rise to 6

One of the injured workers from the Keppel Subic Shipyard incident had passed away Friday night.

CapitaLand’s Australand delisted from SGX on 11 October

The exit offer has been completed, and Australand Property Group will be delisted from Singapore Exchange with effect from 9:00am on 11 October 2011.

Energy costs to derail SMRT’s gains from ridership?

This as final two stages of the Circle Line start operations on 8 October 2011.

Property market cools as non-landed home prices post weak growth in 3Q11

It seems like the non-landed segment isn't doing so well as the average resale price of leasehold condominiums grew at a slower pace of 2.5%  in Q3 2011.

Enough already!: SIA adds seats faster than they’re demanded

With 76.6% passenger load factor in August, the airline may continue to suffer drops if it doesn’t stop increasing capacity.

SingTel denies talks of Telkomsel stake sale

This after Indonesia’s Telkom said SingTel is willing to sell its stake in Telkomsel.

45% of finance professionals worldwide say their government is inefficient

And 49% had lost confidence in the economic prospects of their own organizations.

European debt crisis pulls Singapore shares down

Fears of worsening European debt crisis caused steep losses in Wall Street overnight and pulled Singapore shares 3.45 percent lower.

More and more Singaporeans enjoy online shopping

The online shopping market for groceries in Singapore has been growing fast this year, according to statistics of payment service provider PayPal.

Target growth rate for cars to be cut further

Singapore would further cut its cap growth rate for the number of vehicles on the roads next year, Transport Minister Lui Tuck Yew said.

Asian philanthropists now target more strategic giving

In Singapore, individual charity contributions have increased every year since 2006.

Singaporeans report biggest loss of business confidence in Q3 2011

63% are losing business confidence and 80% expect the global economy to stagnate or deteriorate further.

Singapore SMEs optimistic despite economic headwinds

According to Sage Group’s survey, Singapore businesses were among the most confident in the recovery of their country’s economy, while companies in the UK and US were the most pessimistic.