NEWS

Singapore’s SMRT invests US$156 million in new signalling system

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Singapore's multi-modal transport services provider SMRT has announced it is investing S$195 million (US$156 million) to replace the signalling system on its underground train services on the North-South and East West lines. (read the story…) Related items Nationalised transport system has its downsides: Minister Lui ‘Multiple transport operators not a good solution’ Bukit Panjang...

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It may be time to revisit structured products

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SINGAPORE – Structured products in Asia have slunk into the shadows ever since Lehman Brothers introduced the words "counterparty risk" to thousands of retail investors. (read the story…) Related items Budget hopes and wishes Singapore best place in Asia for expats: survey Courts plans $70 million expansion in S’pore, M’sia Singapore Open Gymnastics Championships...

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Western working ways are not the best in Asia anymore

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WILD GEESE: Siobhan Hamilton,General manager, Diageo Singapore, Malaysia, Indonesia, based in Singapore (read more here…) Related items Singapore backer withdraws Eircom debt proposals Asian property markets face uncertain outlook Singapore best place in Asia for expats: survey ‘Fare hikes to help transport workers’ Singapore Youth Olympic Festival coming up in August

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Rolls-Royce opens Singapore plant

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Rolls-Royce starts up engine production in Singapore (read more here…) Related items Mead Johnson investing US$325mil in new plant in S’pore Singapore Air says changes a failed Rolls-Royce engine on A380 It may be time to revisit structured products Singapore Air Profit Slumps 53% on Fuel Costs, Competition Budget hopes and wishes

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Singapore Stocks- May rise on Greek hopes; SMRT in focus

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SINGAPORE, Feb 2 (Reuters) – Singapore shares arelikely to rise on Thursday, following overnight gains in U.S.equity on increased optimism that Greece will avoid a messydefault and upbeat global manufacturing … (read more here…) Related items Singapore Stocks-Poor SIA earnings may weigh Singapore Hot Stocks-GMG jumps; broker highlights underperformance Singapore Stocks-May fall on weak...

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Singapore's gains look fragile

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MONTREAL – A raft of favorable economic statistics was released in Singapore at the end of January, but the latest data point to the possibility of a slowdown in manufacturing activity. (read more here…) Related items Singapore Q4 economy contracts 4.9 percent Zecotek Provides Corporate Updateon Commercialization Strategy Will a 30% Plunge in Singapore's...

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Singapore Airlines 3Q net profit down 53 percent on-year

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Singapore Airlines said Thursday its third-quarter net profit tumbled 53 percent from a year ago due to the impact of "persistently high" jet fuel prices. (read more here…) Related items Singapore Airlines 2Q profit plunges 82 percent Singapore Airlines 4Q profit plunges 53 percent Sydney first route for Singapore budget carrier Singapore Airlines profits...

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Singapore Air Profit Slumps 53% on Fuel Costs, Competition

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Singapore Airlines Ltd., the world’s second-largest carrier by market value, reported a fifth straight decline in quarterly profit because of rising fuel costs, greater competition and waning demand for premium travel. (read more here…) Related items Singapore Air Second-Quarter Profit Drops on Higher Fuel Costs Singapore Air Second-Quarter Profit Drops on Fuel Expenses, Competition...

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Singapore Stocks-Poor SIA earnings may weigh

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SINGAPORE, Feb 3 (Reuters) – Singapore shares may openlower with Singapore Airlines stock likely to be underpressure after poor earnings while investors will be reluctantto take fresh positions ahead of … (read more here…) Related items Singapore Stocks-May tread lower; Parkway Life in focus Singapore Stocks-May fall on weak US data; SMRT in focus...

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Budget hopes and wishes

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What does Singapore's 2012 Budget need to focus on, in the light of current economic and social developments? What is your Budget wish list for your industry, and for Singapore as a whole? (read the story…) Related items It may be time to revisit structured products Singapore best place in Asia for expats: survey...

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Singapore Hot Stocks-GMG jumps; broker highlights underperformance

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SINGAPORE, Feb 1 (Reuters) – Shares ofSingapore-listed rubber firm GMG Global Ltd surged asmuch as 12 percent after Standard Chartered said its stock priceunderperformance relative to rubber prices was … (read the story…) Related items Singapore Hot Stocks-Ying Li soars on bullish DBS Vickers report Singapore Hot Stocks-NOL rises on strong economic data Singapore...

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Singapore Shares End Higher; Volume Surges As Penny Stocks Rally

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Singapore shares closed higher Tuesday, tracking gains for most regional markets as investors' confidence was bolstered by some encouraging news from Europe. (read more here…) Related items Singapore Shares End Higher; Lunar New Year Break Set To Test Nerves Singapore Shares End Higher On Optimism Over U.S., Europe Singapore shares rise on US debt...

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