News

SIA's earnings to crash in 2013

Will Scoot be successful enough to save SIA when it flies 20% more hours?

Technical recession looms in 3Q12: DMG

The analyst has revised down its 2012 GDP forecast to 2.6% from 4% previously.

Telco price war intensifies with fiber broadband shift

The big three-M1, StarHub, SingTel-are now pushing their 100Mbps plans at prices within 10-16Mbps range.

M1 mobile revenues dip 1.7% QoQ

CIMB forecasts 2Q12 earnings to shrink by 11% yoy.

StarHub barely hurt by BPL broadcast rights shift to Singtel

StarHub’s earnings could grow 2-6% qoq and 15-19% yoy, led by higher mobile and PayTV revenue on the back of the UEFA European Football Championship (Euro 2012) in Jun.

SGX inks a deal with NSE to boost offshore investing

Singapore Exchange offers Nifty Options from 16 July 2012.

Changi Airport to develop open-air car park fronting T1

The management plans for more spacious public areas which can handle up to 24 million passengers each year.

Here's what to expect in revamped Changi Airport

Changi Airport welcomes passengers at newly improved Check-in Hall with world's largest kinetic art sculpture.

Medical tourism revenues to hit more than S$2bn in 4 years

Raffles Medical Group stands to be a key beneficiary of expected influx of 851K medical travelers to Singapore from 2012-16.

GDP figures disappoint but no need to panic yet

Second quarter YoY GDP growth of 1.9% is still healthy amidst sluggish global economy and the eurozone crisis, says IG Markets Singapore.

Singapore economy hits bleak 1.9% raise

This measly growth is lower than the expected 2.3% expansion.

Chart of the Day: High-end rent getting cheaper?

Tracking by Savills revealed rents of high-end non-landed residential properties fell for four consecutive months.

ST Aerospace seals $80m repair contract with AirAsia

ST Engineering’s aerospace arm will provide maintenance support for AirAsia's A320 aircraft fleet over a 10-year period.

Drab no more: Changi Terminal 1 completes $500M renovation

Extensive upgrades to Changi's oldest and busiest terminal have drastically improved its interior design and passenger comforts.

Office space capital values crumble due to rent easing

Even the Raffles Place/New Downtown micro-market's values will slip by 5% end-2012.

Retail sales to boost Singapore visitor arrivals by 9.9% end-2012

The 1.8% YoY growth in sales index is projected to help STB reach its visitor projection of 13.5 to 14.5 million.