In Focus

SIA’s budget long-haul carrier ready for takeoff?

Other budget carriers may have reason to worry with operations reportedly starting in April. Singapore Airlines' low-fare long-haul carrier is said to commence with one Boeing 777-200 aircraft.

New hawker centre to be built after 25 years

It will be built and completed in Bukit Panjang within the next three years.

Singapore economy to grow 5.1% in 2012

HSBC expects the country’s growth to ease in the coming quarters as exports and industrial production are declining.

Silver lining: Bukom fire to benefit contractors

Order flows potentially await contractors that provide civil engineering, construction, equipment rental and/or structural steel works services.

Yes, developers are interested but are more cautious

The residential site at Jalan Loyang Besar / Pasir Ris Rise attracted 13 bids, but the highest was more than 10% lower than a neighbouring site.

Crude market reacts to Bukom blaze, shows unusual volatility in price spread

This as the fire caused Shell to cancel the lifting of 4 million barrels of crude.

Shell declares force majeure

Force majeure has been declared on customers after the blaze at Bukom which shut down Shell’s 500,000 barrels-a-day refinery.

No toxic gases so far on the mainland from Shell refinery fire

The blaze had been extinguished but those with respiratory problems are advised to avoid the western part of Singapore near Bukom.

Shell's Singapore plant burns

The fire at the company’s largest refinery continues on Thursday but is under control.

Comments? MAS issues consultation paper on regulatory regime for fund management companies

One proposal is to require FMCs to put in place a risk management framework over their fund management operations.

SGD among the most sensitive to risk dynamics, says analyst

USD-SGD saw what an analyst described as “something of a breakdown” during the middle of 2011.

Market to be mildly negative on HDB launch, says analyst

The announcement is in line with HDB's latest policy of large launches to reduce odds of disappointment for applicants.

We take this seriously: MAS on OCBC’s disruption of services

The Monetary Authority of Singapore will determine the appropriate regulatory action upon assessment of the investigation’s outcome.

“We will give every Singapore child the opportunity to succeed”: Prime Minister

Mr Lee Hsien Loong said every Singapore child will be given the means to achieve his potential and fulfill his goals through an improved education system.

Injured Tiger suffers 22% drop in passengers

Not back to pouncing form yet, Tiger Airways recommenced Australian operations with significantly reduced capacity.

We will not tolerate the use of the financial system for criminal acts: MAS

The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown.