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Over half of Singaporeans are paid a bonus on meeting KPI's
Turns out companies are complying with 89% of employees in the private sector found to be under some form of flexible wage system as at end of 2010.
Over half of Singaporeans are paid a bonus on meeting KPI's
Turns out companies are complying with 89% of employees in the private sector found to be under some form of flexible wage system as at end of 2010.
Fraud in Singapore doubled
Incidents of fraud have doubled and the amount involved has gone up to $6.5 m.
M+S projects amount to 73% of total office supply for FY 12-14
OCBC says the Marina South and Ophir-Rochor projects would inject 268,610 sqm of office GFA into the supply pipeline.
Prime suburban rents dip to $28.90 psf/month in Q2 2011
Prime Orchard Road rents also declined by 0.5% in H1 2011.
Profit pressure: Global airlines’ profits slump on rising fuel costs in 2011
Softening demand may also slow yield growth to 5%-8%, down from 11% in 2010.
Shaky waters still ahead for NOL
Analyst says prospects remain weak for Neptune Orient Lines amidst fierce competition amongst carriers and poorer utilization levels.
No more breaks: SGX
All-day securities trading will start 1 August so market hours overlap with other Asian exchanges.
DBS Bank taps Singapore-China bilateral currency swap facility
Move targeted to further open up of opportunities by providing RMB financing to Singapore-based companies exporting to China.
Singapore Airlines add 15 Airbus A330s to its fleet
Rolls-Royce Trent 700 powered aircrafts will be operated on routes within Asia and to points in Australia and the Middle East.
Keppel bags S$140mn shipbuilding deals in Brazil
The Group’s shipbuilding unit in Brazil draws wave of new orders ahead of its anticipated opening in first quarter of 2012.
Public pressure: Half of Singaporeans demand affordable housing
And 39.7% wish that the Ministry will introduce means testing to determine the amount of subsidy potential home buyers can receive.
Singapore’s property auction sales drops by 27%
Sales only amounted to S$63.1 million versus last year’s S$87 million.
Taiwanese carrier TransAsia takes off at Changi Airport
TransAsia will operate the A320 aircraft in a two-class configuration on the Taipei-Singapore route.
Pilots send out a Mayday in court
This amidst a salary dispute involving Singapore Airlines and SIA Cargo.
What could be the next Asian credit growth crisis?
Current slowdown in credit may cause bigger headaches, says Morgan Stanley.
StarHub fails to absorb increase in programming costs
And so cable TV subscribers will, through a subscription rate hike effective come August.
Office property market is not overheating after all
Thanks to competition for tenants, rental growth of Grade A office space has been in check.
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