News

Singapore Exchange completes listing of Oxley Holdings

The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.

Singapore Exchange completes listing of Oxley Holdings

The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.

Quarter-life crisis: 78% of Singapore yuppies feel stressed and unsatisfied about work

Fear of losing jobs, not saving enough money for the future and economic uncertainty are making young Singaporeans worry about suffering from depression, anxiety and cancer.

Emerging markets deluged with capital as economies recover

A report from Moody’s Investors Service lists currency appreciation and the massive capital inflows for emerging markets as consequences of their rapid economic growth.

Working overtime: Singapore may raise retirement age to 68

Singaporeans might have to put their retirement plans on hold as Minister Lim Boon Heng suggested that Singapore may need to raise its retirement age to 68, like Finland.  

New property prices may fall: developers survey

34% of developers surveyed by the latest Real estate Sentiment Index expect prices of new launches to fall, albeit by less than 10% over the next six months.

Singapore companies sign US$291mln projects with Vietnam companies

Deals of Keppel Land and CapitaLand with Vietnamese companies affirms positive Singapore-Vietnam business and investment climate.

Great Eastern profit up threefold to $168.6mln

Strong profit from the Group’s focus on regular premium and protection products drove its stellar performance.

Tiger snaps over Air Asia CEO Tony Fernandes taunt that it is just “a bunch of white guys running the airline”

Tiger Airways has blasted perceived racial comments made by Air Asia CEO Tony Fernandes who said that “ We're Asians, not a bunch of white guys running the airline”, in reference to Tiger Airways which is headed by Tony Davis.

Unlikeable Asian brands: More than 60 % don't have a Facebook fan page

PR Firm Burson Marstellar found that over half of the top 200 Asian companies listed on the Wall Street Journal Asia 200 index do not have a social media presence.

Mixed-use concept eyed for Stamford Road-North Bridge Road property

Residential units located in the junction are estimated to sell for above $2,000 psf with Perennial Real Estate and Chesham Properties’ plan to redevelop the 1.43 hectare area.

Prime office rents in Asia Pacific seen to increase by 9% by year end

A report from DTZ Research said that the property market is estimated to grow at an average of 4.7% in 2011 following growth in the office leasing sector across the region in Q3.

Can't Find Workers: You Are Not Alone

Job vacancies in the service sector are at record highs, leaving many companies unable to fill key positions.

Moody's reviews Suntec for possible downgrade

The real estate trust’s intention to acquire interests in Marina Bay properties through debts might put its Baa1 corporate family rating and Baa2 unsecured debt rating in a precarious position.

Tiger Airways to launch its biggest ever "Winter" schedule

The carrier targets up to 20% more seats compared to last year with additional routes.

Singapore taps ST Electronics and Accenture for its intelligent energy project

The initiative will test and evaluate new applications and technologies aimed to deploy a smart grid throughout Singapore.

Wealthy Singaporeans shunning traditional retirement

The latest Insights report from Barclays Wealth revealed that 56% of the country’s high net worth individuals believe they will never retire while 7 out of 10 strongly feel financially responsible for their children.

Asian funds no longer underweight- Morgan Stanley

The Asia Credit Exposure Index (ACEI) rose from 38 to 55 over the past week, according to a report on Asian credit from the financial services firm.