News
No red lights: Porsche sales up 11% in AsiaPac
No red lights: Porsche sales up 11% in AsiaPac
The luxury car manufacturer sold 2, 238 vehicles in the first half of 2012 in clear defiance of the downturn.
Keppel Land earnings shoot up 76.8%
Its impressive $236.6 million net profit for 1H12 was attributed to strong property trading and improved K-REIT Asia performance.
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.
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