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Top 5 most unprofitable property developments in 1H2012
Top 5 most unprofitable property developments in 1H2012
Profitability of property developers declined to a 3‐year low of $2.7b in 1H2012.
UOB's 83-year old chairman Wee Cho Yaw to step down next year
The group assures sensible management transition with a former CEO of Singapore Exhange assuming position.
Singapore food prices bucked global spike of 2011
Consumers should thank the appreciating Singapore dollar and food importers.
Food inflation tempers to 2.3% in June
Food inflation eased from 3.8% in January as commonly bought items cheapened.
Air Asia's new Asean hub in Jakarta has SIA, Jetstar encircled
Battle for the budget skies just got tougher.
Time is gold: Tourists go gaga over luxury watches in Singapore
Chinese shoppers spend an average of $10,481 on luxury watches and jewelry.
Singapore companies invested US$22.6b overseas in 2011
That's a doubling of outbound FDI since 2004, but still down from a record 2007.
Singapore companies' earnings beat expectations by 9.6%
But excluding the volatile Real Estate sector, the beat is only 3.5%.
Sparks fly as SGX acquires 49% of Energy Market Company
This move marks SGX's debut in the electricity sector.
Slowdown looms as global lending growth drops to 3%
And Hong Kong is in the highest category of macro-risk due to bad lending.
Pet of the Week: Knick knack paddy whack give a dog a home
Adopt these cute animals today at SPCA.
Asian banks urged to cut dividends by 50%: Barclays
Dividend cuts will be needed to fund regualtory capital increases.
Cosco faces debt threat
COSCO has had negative operating cash-flows for the past three years, says OCBC.
The 3 priciest executive condos of 2012
Guess the only exec condo in Singapore which breached $1000 psf price mark.
Chart of the Day: Here's why exec condos are not short of buyers
The average take‐up for a new EC project is 65% within the first 2 months of launch.
Construction cost of executive condos 20% cheaper than private homes
Today’s EC discount is $150‐$200psf, or $100‐$150psf.
Don't be fooled by rosy rise in rents, warns analyst
A 4% dip in rents actually lurks beneath the 0.3% climb that URA statistics showed.
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