Singapore business confidence slumps

The quarterly Business Optimism Index (BOI) fell to negative 1.22 percentage points for the first quarter of next year from plus 2.87 percentage points in the fourth quarter of this year, the Singapore Commercial Credit Bureau (SCCB), which compiled the ... ( read original story ...)

Imports of live Christmas trees slow sharply

SINGAPORE: With Christmas just two weeks away, live pine tree imports appear to have dropped drastically. The United States - a major supplier of live Christmas trees to Singapore - has a reported shortage and, furnishing giant IKEA announced it would not ... ( read original story ...)

Business optimism hits another historical low in 4 years

Wholesale trade emerged as one of the most pessimistic sectors. Local firms in Singapore seemed to be losing hope as Business Optimism Index plunges to its second lowest historical low in four years, Singapore Commercial Credit Bureau (SCCB) revealed. ( read original story ...)

IOI Prop thrives on diversity

One of the reasons for its large profit is the diversity of its business. Projects in China and Singapore stand out in terms of driving earnings which the company says were responsible for both an increase in revenue and operating profit. That diversity is ... ( read original story ...)