Thanks to Group revenue soaring 49.4% In a release, Tiger Airways Holdings Limited reported an operating profit of $12.7 million for the quarter ended 31 March 2013 (4QFY13), a turnaround from the operating ...

Government shouldered over 90% of  retrofits cost. According to Minister Khaw Boon Wan, there were about 1,700 households applying for HDB’s EASE (Enhancement for Active Seniors) programme since its launch ...

-19.8% operations profit could get worse. According to OCBC Investment Research, the operating environment in the coming months remains challenging for the group. OCBC expect yields to stay depressed. ...

The first store will open in June. According to CIMB, Dairy Farm released its interim management statement covering the period 1 Jan-14 May. Earnings were marginally lower yoy due to weaker margins in ...

It'll start operating around July 2013. According to Barclays, the new Tuas yard remains on schedule to commence operations in July 2013, with the four new dry docks adding c1.6mn DWT of capacity, more ...

It plunged by 28.5%. According to DBS, the outcome for this morning’s non-oil domestic export figures have indeed turned out to be mixed. To begin with, though a sequential expansion of 1.1% MoM sa has ...

Bad results disappoint. Trading volumes in Singapore remained dismal today as Hong Kong remains closed for holiday and the institutional investors remain away. Nevertheless Singapore Airlines stood as ...

It'll include a 3.6km underground tunnel. According to an update by Transport Minister Lui Tuck Yew, the Marina Coastal Expressway (MCE) is ready to open by end of this year. Visiting the MCE control centre ...

Even broadband subscribers went up. According to Nomura, SingTel added 51k mobile subscribers – 22k prepaid and 29k postpaid additions. This compares to 17k subscriber additions by StarHub and 64k loss ...

From USD7.6b in the last quarter. According to DBS, the current account deficit narrowed to USD 5.3bn in 1Q13 from USD7.6bn in the preceding quarter. Two main factors (commodity prices and the strength of ...

It's approaching an average record 5-5.2% of GDP. According to DBS, it has been a one-way street south for the Indian rupee since the global financial crisis broke in 2008, which has led the currency down ...

6 straight months of decline. According to DBS, the intended economic slowdown driven by the concurrence of the frugality campaign and the ongoing austerity measures imposed on the property market has ...

Thanks to a spike in wheat. According to Citi, 9M13 NPAT grew to SS$306m, +17% YoY (or +20% YoY ex biological gains and exceptional items to S$251m).  9M13 accounts for 74% of Citi's full year estimates, ...

After shrinking 4.8% in March. According to IE Singapoire, on a y-o-y basis, NODX declined by 1.0 per cent in April 2013, following the 4.8 per cent contraction in the previous month, due to a decrease ...

Analyst predicts deficit is still going to be sizable. According to DBS, the current account deficit narrowed to USD 5.3bn in 1Q13 from USD7.6bn in the preceding quarter. Two main factors(commodity prices ...

And thousands flock to attend 5th protest rally by Pakatan Rakyat. After Singa the Lion quit, here are the 5 wise career moves he should consider. Former President Nathan urged Singaporeans to volunteer ...

Today's tone likely to turn downside biased. OCBC Investment Research said: The pull-back on Wall Street could dent local sentiments this morning. As a recap, the STI continued to inch higher yesterday ...

See how the rest fared. Jardine Matheson Holdings Limited has issued its Interim Management Statement covering the period from 1st January to 15th May 2013, in which it revealed that the Group’s businesses ...

Meet Ramada Singapore and Days Hotel Singapore. In a release, Wyndham Hotel Group, the world’s largest hotel company with over 7,380 hotels and part of Wyndham Worldwide Corporation, announced the company’s ...

Blame high fuel prices and yield pressures Singapore Airlines (SIA) announced that its Group net profit improved 12.8% year-on-year to $379 million, despite recording a lower operating profit for FY 2012-2012. ...

Versus last quarter's $13m loss. According to DBS, SingTel's losses in digital business and currency translation losses were key issues. DBS highlights that Singapore’s underlying profit declined 5% y-o-y ...

Some think applicants exaggerate their skills. According to Robert Half, many employers in Singapore still have doubts on the reliability of a potential job candidate’s profile on social media websites. ...

Expect the new gantries by mid-2014. According to a release, to manage traffic congestion on the Ayer Rajah Expressway (AYE) between Jurong Town Hall Road and North Buona Vista Road during the morning ...

Consumption was stronger than market's prediction. According to UBS Investment Research, first quarter GDP was better than expected and lifts its 2013 forecast to 1.6%. The economy grew 0.9%q/q (consensus ...

The agricultural segment is a laggard. According to DBS, while Noble's 1Q is traditionally weaker quarter given the harvesting cycle in Brazil and Argentina, the US$66m operating loss from the agriculture ...

Spot rates have been diving sharply. According to DBS, the Asia-Europe/ Mediterranean spot rates have nosedived at a speed we hadn’t anticipated at the start of 2013, and are currently at their lowest ...

Guess which segment is the star performer. According to OCBC Investment Research, Olam's reported net profit gained 10% YoY (but fell 30% QoQ) to S$108.5m, while core earnings (excluding bio-asset revaluation ...

Only 727 units were sold. According to Colliers International, launch volume in the Outer Central Region (OCR) fell sharply as developers released only 763 units. This translated to a 67.5% fall from the ...

For LTE coverage expansion. According to OCBC, SingTel saw its 4QFY13 revenue slipping 6% YoY and 3% QoQ to  S$4.48b, weighed down by the weaker A$.  Full-year revenue fell 3%  to S$18.18b, and was 3% ...

Is recovery finally underway? According to DBS, trade figures out tomorrow morning will turn out mixed. The headline number will likely show an improvement to 1.9% YoY, up from a contraction of 4.8%.  ...

It hit 4.1% YoY. According to DBS, first quarter GDP growth figures out yesterday surprised on the downside. The headline number printed 4.1% YoY against a consensus forecast of 5.5%. In fact, almost everyone ...

Everyone in the market was surprised. According to DBS, first quarter GDP growth figures out yesterday surprised on the downside. The headline number printed 4.1% YoY against a consensus forecast of 5.5%. ...

But headcount was flat. According to OCBC, salary costs increased 5.7% to S$498.2m due to wage increases as headcount stayed roughly flat. Increase in staff cost was outweighed by decreases in subcontract ...

It recently revealed the 2013-14 budget. According to Moody's Analytics, on Tuesday, Australian Deputy Prime Minister and Treasurer Wayne Swan introduced the fiscal year 2013-14 budget, which projects ...

Almost a third of 4Q12's increase. According to Knight Frank, private home prices increased marginally in 1Q 2013 at 0.5 per cent quarter-on-quarter (q-o-q), less than one-third the increase in 4Q 2012 ...

Despite sluggish external demand. According to Nomura, domestic demand contributed to 90% of Singapore’s GDP in 2012 even as external demand was weak. It is interesting to note that construction and business ...

And City Harvest supporters queued outside Court. Former East Germany national coach Bernd Stange has been appointed as Singapore's new national football coach. Read more about it here . Find out why kindness ...

Motor vehicles segment is to blame. According to the Department of Statistics, Compared to a year ago, retail sales fell 7.4% in March 2013. However, retail sales went up 1.2% after excluding motor vehicles. ...

This segment carried the company in 3Q13. According to Maybank Kim Eng's analysis following Olam's results release for 3Q13, the Food Staples & Packaged Foods segment contributed the majority of the growth ...

All four sub-sectors posted growth. Compared to March 2012, turnover of restaurants, food caterers, fast food outlets and other eating places grew by between 2.1% and 4.8% in March 2013, according to the ...

Despite dismal revenue growth for FY2013. In an advisory, Moody's Investors Service noted that Singapore Telecommunications Limited's (SingTel) full year March 2013 results were in line with Moody's expectations, ...

Staggering 32.7% decline for vehicle sales. Statistics Singapore revealed the latest March retail sales index which showed retail sales (seasonally adjusted) decreased 5.4% in March 2013 compared to February ...

But StanChart rules Asia-Pacific region. In a release, Global Finance magazine has unveiled its eleventh annual ranking of the “Best Subcustodians,” anointing DBS Bank as the best subcustodian bank for ...

Only 1,375 units were sold. According to P & N Holdings Pte Ltd, new private home sales took a nosedive in transaction volume in April with 1,375 units sold (excluding ECs), down 51% from the previous ...

Profit was dragged by F&N investment. According to DBS, whilst ThaiBev's 1Q net profit registered a 20.3% drop in net profit to THB3.45bn, it was largely within expectations. Its top-line declined by 3.6% ...

Freight rates for 2Q13 have dipped. Citing the Shanghai Containerised Freight Index, OCBC reported that freight rates for 2Q13 thus far have declined quite considerably across most routes – with the exception ...

Agri margins slipped US$7/MT. According to Nomura, Noble reported 57% lower adjusted net income y-y, led by negative agri margins (~USD-7/MT). MMO margins fell sharply y-y to ~USD1/MT. Volumes were up ...

Thanks to its robust food segment. According to a release, Olam International Limited today reported a 17.0% growth in Profit After Tax and Minority Interest (PATMI) of S$305.8 million for 9M FY2013 compared ...