News
The place to be: Singapore beats all Asian cities as top convention venue
The place to be: Singapore beats all Asian cities as top convention venue
Singapore was named Asia's Top Convention City and ranked fifth globally next to Vienna, Barcelona, Paris, and Berlin.
Hello sunshine: Punggol Eco Town to try solar energy till 2013
Panasonic will install photovoltaic systems to supply renewable energy to lifts, water pump and lighting.
Singapore's PMI drops to 49.3 in July
Electronics PMI also fell to 49.5.
SGX will not pay a one-time dividend
Muthukrishnan Ramaswami, acting chief financial officer of Singapore Exchange, said the bourse has no plans to pay a one-time dividend and would like to maintain a healthy cash balance going forward.
HSBC’s pre-tax profit up 16% to US$6.8b in H2 2011
And Singapore delivered pre-tax profit of US$327.
“The litigation is wholly without merit”: Citigroup
Citigroup’s Singapore unit denied wrongdoing after an 88-year-old partly deaf client claimed he was misled by his banker.
Ka-ching! Tourist retail up 35.7% to an incredible $4.98b
But continued appreciation of Sing dollar may impact inbound tourist numbers as well as spending.
Asia’s rising middle class to reach an amazing 1.7b in 2020
And you’ll never guess what you can find in their shopping bags.
Radiant real estate: 70% of investors to expand property portfolio
And 68% expect higher market returns over the next 12 months.
Singtel takes 3-year lease at JCube for $1.4m
And Temasek will also take up additional office space at The Atrium@Orchard, according to CapitaMall Trust.
Turbulent flight: SIA’s earnings outlook for 2012 to remain grim
Blame it on global economic weakness and high jet fuel prices.
Electronics PMI may have dropped to 50.4 in June
Standard Chartered also expects Singapore's PMI to have eased to 50.3 in July.
Sinking ship? COSCO profit down 53.4%
The turbulent ride was due to higher income tax expense and lower profit contributions from dry bulk shipping and shipyard operations.
DBS sets up US$5bn Euro-Commercial Paper Programme
Proceeds to be used for the general business purposes of DBS and its subsidiaries.
SGX securities market begins whole-day trading
Monday’s trade from 12.30pm to 2.00pm generated $110mn, contributing to 6.4% of the day’s trading.
HSBC to cut 25,000 jobs by 2013
And it will exit operations in 20 countries as it looks to save billions of dollars.
Wealthy Singaporeans: 85% of travellers splurged on a leisure trip this year
And 23% said they even made more than three trips in the past 12 months.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia