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GIC: We have offset the losses on UBS
The sovereign wealth fund may have lost about 60% of its investment in UBS, but it says losses were countered by good investment decisions.
GIC: We have offset the losses on UBS
The sovereign wealth fund may have lost about 60% of its investment in UBS, but it says losses were countered by good investment decisions.
Singapore Airlines and Silkair strike deal with Changi Airport
Collaboration aims to offer tourists affordable travel packages as low as S$60.
M1 and Vodafone agree to end partnership
M1 to continue enhancing the products and services that its customers enjoy despite contract termination.
UOB is the best managed among the Singapore banks for liquidity risks
Its capital buffers are also the highest compared to OCBC and DBS.
ST Engineering corruption probe claims another scalp
On Friday, the company announced that Patrick Lee Swee Ching, CFO of Vision Technologies Systems has taken leave of absence pending the CPIB investigation.
SingTel: Showing strength on winning digital home
The telco claims to have 22% of Singapore households subscribed to their bundled broadband.
Hurrah!: More than 51,000 employers to receive Special Employment Credit
The Government will be giving a total of $17 million in SEC by 30 September 2011.
Tiger Airways caught off guard by Thai Airway's Chairman’s remarks on scrapping JV
Tiger issued a statement saying that Thai's management will continue their joint venture, despite the Chairman of Thai Airways saying it will discontinue the joint venture.
Singapore’s inflation may have dropped to 4.7% in August
DBS expects the country’s inflation to be on a sticky downward grind in the coming months.
Tiger won’t have Thai blood
Thai-Tiger will no longer be set up as Thai Airways now has its budget carrier.
Singapore to hear less ka-ching!
Amidst negative global sentiment, spending attitudes are forecast to be precautionary.
Tighter financing still impacting home purchases
This leaves the secondary market more subdued while outlook for the land market remains cautious.
Singapore market most stable in Asia
The country's earnings volatility is the lowest in the region, having stayed at 21.4% in the last 5 years.
Private homes launched in August drop by 43.6%
But deeper analysis of the statistics would show that “pure” private homes launched during the month declined by just a meager 1%.
What does it take to get the best employees in Singapore?
Companies are having to offer salary increases of 15-20% because of the skills shortage.
Beware of technical recession ahead, warns analyst
Standard Chartered says a technical recession could affect some Asian economies, like Singapore and Hong Kong, by the end of 3Q 2011.
Non-oil domestic exports surge 5.1% in August
This figure comes as a surprise, especially amidst worsening economic conditions.
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