News

Shop house sales fall 25%

Shop house sales fall 25%

Blame it on the steep 34% increase in unit prices.

Strata office sales smash 1995 record

The average transacted unit price was a 56% increase from 1H11.

Strata shop sales hit 17-year high

A total of 669 units were sold in 1H12--the highest since 1995.

3 in 4 banks outsource jobs overseas

No wonder 43% of people in transactional roles lose their jobs to foreigners.

Internal auditors pressured to upgrade skill set

But 8% of them have no defined competency plan at all.

UOB 'unfazed' by move for local incorporation of foreign banks

The MAS directive allow them up to 25 new outlets.

8 in 10 organizations worry over their internal audit functions

There's no room for incompetence, especially in Singapore.

Visitor arrivals up 15% in Q1

Top contributors to visitor arrivals were Indonesia, China, Malaysia, Australia, and Japan.

SIA slips a place in world airline ranking

In 2011, SIA ranked second but came in third this year.

Mystery potential buyer of F&N and APB stake revealed

OCBC Bank and Great Eastern Holdings previously said they were approached with an offer to purchase, and now we know who’s interested.

SingTel most well-governed company

Find out industries with biggest improvements in corporate governance according to NUS.

CapitaLand distributable income up 5.5% in 2Q

It rose to S$79.6M from just S$75.5 million for the same period in 2011 partly thanks to JCube.

Ascendas REIT reports positive rental reversions across all segments

Positive rental reversions ranged from 10-21% throughout its asset types.

Retail sector suffers from cash-strapped shoppers

Sales dipped 2.2% in May as consumers refrained from buying luxury items.

Chart of the Day: Total trade up 2.8%

Total imports increased by 6.2% in June 2012, says IE Singapore.

Keppel T&T takes a profit hit in 2Q12

Increasing overheads and lower sundry income dragged down its bottom line despite 22% higher revenues q-o-q.

NODX shifts weight to Hong Kong, EU and Indonesia

These emerged as the top three contributors to NODX expansion in June while China, Thailand and Latin America weakened anew.