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The carrier’s revenues for 2Q11 might have risen by 35% yoy, but the bank says the figure could have been higher.

Experts urge Singapore to keep open to nuclear energy as policy uncertainties worldwide cast doubt on the pace of energy investments.

That headline manufacturing PMI for October rose to the “expansion” level of 50.7 and electronics PMI rose by 0.8 pts to 49.3 might be news to celebrate about, but we should not get too excited about the numbers.

The budget airline’s revenue for the quarter is a $16.4 million improvement over the $2.3 million loss recorded a year ago. The improvement in Tiger's books can be attributed to higher turnovers, strong passenger growth and strict control of unit costs. Growth in passenger volume outstripped seat capacity growth of 21.9%, while the  total Cost per Available Seat Kilometre (CASK) went down 3.1% compared to the previous year. Tony Davis, President and Group CEO, said: “We are pleased with the second quarter results posted by the Group. Achieving a 10% net profit margin, 35% revenue growth and lower unit costs, on significant capacity growth of 22% is a solid result. “Forward bookings remain strong, particularly for the peak travel period between December and February. To capitalise on this peak period, Tiger Airways Australia is increasing its fleet to 12 aircraft by the financial year-end. “The airlines continue to focus on maximising profitability through the generation of additional ancillary revenue streams. In percentage terms, Tiger Airways is currently the fifth highest generator of ancillary revenue globally, and our aim is to be in the world’s top three airlines. During the quarter, we introduced two new ancillary products – boardmefirstTM, our priority boarding service, and our new flexible ticket option. Both products have been popular with our passengers. In addition, we have recently introduced Stripes, a membership programme that provides members priority access to promotions and the lowest fares. “We continue to work with Thai Airways on the establishment of our low cost business in Thailand, to be called Thai Tiger. “Finally, we are pleased to have recently won two awards; the Low Cost Airline of the Year award from the Centre for Asia Pacific Aviation, and the Most Transparent Award in the New Issues Category from the Securities Investors Association of Singapore” said Tony Davis.

Apart from receiving the award from Asia Risk magazine, the exchange also announced that its October SDAV reached $2.1 billion, the highest since May 2009.

 Fitch Ratings has assigned a final rating of 'A' to the bank's dollar Non-Cumulative Non-Convertible Non-Voting Preference Shares Callable in 2020. This follows the completion of the issuance of the Preference Shares and the receipt of documents conforming to information previously received. The final rating is the same as the expected rating assigned on 14 October 2010.

While Singapore employees can expect a salary increase by 4% next year, a predicted 2.4% inflation rate will pull down the actual wage increase to just 1.6%.

New index enables investors to view the expected dividends of its constituents and to create fresh investment opportunities.

The eco-development is expected to yield 5,000 homes and commercial developments with a total gross floor area of 680,000 sm.

Job placements in Singapore rose by 5.2% in Q310 compared to Q2 but shortage in talent across various fields are driving companies to look for employees overseas.

Despite an unemployment rate of 2.1% in 3Q10, the services sector was able to generate a total of 24,100 new jobs as compared to a loss of about 400 jobs in the manufacturing sector.

Recent changes in the Australian market and differences in legal and regulatory regimes between Australia and Singapore pose execution challenges for the two exchange companies.

OCBC’s revenue momentum remains strong behind loan growth, robust fee revenues, and healthy contributions from Great Eastern and Bank of Singapore.

SIA’s operations to Narita and Haneda airports bring in a total of 47 weekly flights to and from Japan.

Higher development profits and divestment gains drove almost four-fold growth.

The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.