Singapore Business News

Singapore Air confident of recovery - executive

Reuters - Friday, November 20

SINGAPORE, Nov 20 (Reuters) - Singapore Airlines <SIAL.SI> said on Friday it expects the current up tick in air travel to continue. More »

  • Magazine pays damages to Singapore leaders: lawyer

    Magazine pays damages to Singapore leaders: lawyer

    AFP - Wednesday, November 18

    SINGAPORE (AFP) - - The Far Eastern Economic Review and its editor have paid over 400,000 Singapore dollars (290,000 US) to settle a defamation suit filed by Prime Minister Lee Hsien Loong and his father, the magazine's lawyer said Wednesday.

  • Singapore Press to buy shopping mall for $392 mln

    Reuters - Wednesday, November 18

    SINGAPORE, Nov 17 (Reuters) - Singapore Press Holdings <SPRM.SI>, which has a near monopoly on newspaper publishing in the city-state, will pay S$541.9 million ($391.8 million) for a property in Singapore.

  • Weak US, EU demand dampen Singapore exports

    Weak US, EU demand dampen Singapore exports

    AFP - Wednesday, November 18

    SINGAPORE (AFP) - - Weak demand from the United States and Europe sent Singapore's exports falling for the 18th consecutive month in October, the government said Tuesday.

  • Singapore's exports stumble in October

    AP - Tuesday, November 17

    SINGAPORE - Singapore's exports stumbled in October as global demand for the city-state's electronics and petrochemicals languished.

  • Russia seeks inspiration from high-tech Singapore

    AFP - Tuesday, November 17

    SINGAPORE (AFP) - - President Dmitry Medvedev on Monday said Russia should learn from Singapore's "great example" of economic transformation as he made the first ever visit by a Russian head of state to the island.

  • Exxon's Tillerson: weak dollar adds $25 to oil

    AP - Saturday, November 14

    SINGAPORE - A weakening U.S. dollar has added between $20 and $25 a barrel to the price of oil, creating a "disconnection" between the price and supply and demand levels, ExxonMobil Corp.

  • Singapore complies with global tax crackdown

    Singapore complies with global tax crackdown

    AFP - Friday, November 13

    SINGAPORE (AFP) - - Asian banking powerhouse Singapore on Friday cleared the final hurdle for complying with a global clampdown on tax cheats by signing an agreement with France to share tax information.

  • China's Hu arrives in Singapore with panda offer

    Reuters - Thursday, November 12

    SINGAPORE, Nov 11 (Reuters) - China will give Singapore two giant pandas to mark 20 years of friendly ties between the two countries, Chinese President Hu Jintao said on Wednesday.

  • Singapore's SingTel 3Q profit rises 10 percent

    AP - Thursday, November 12

    SINGAPORE - Singapore Telecommunications Ltd., the largest telephone company in Southeast Asia, said its profit rose 10 percent last quarter on growing income from its Asian units.

  • India's ICICI to provide SMX clearing and settlement

    Reuters - Wednesday, November 11

    SINGAPORE, Nov 11 (Reuters) - India's second-largest bank, ICICI Bank Ltd <ICBK.BO>, will provide clearing and settlement services to the Singapore Mercantile Exchange (SMX), the exchange said on Wednesday.

  • Singapore Telecom says Q2 profit up 10.1 percent

    Singapore Telecom says Q2 profit up 10.1 percent

    AFP - Wednesday, November 11

    SINGAPORE (AFP) - - Singapore Telecommunications (SingTel) said its second quarter net profit rose an annual 10.1 percent, with the boost coming from strong contributions from regional mobile associates.

  • Singapore Airlines posts second quarterly loss

    AP - Wednesday, November 11

    SINGAPORE - Singapore Airlines Ltd. said it posted a loss for a second straight quarter as travel and tourism remained sluggish last quarter.

  • Singapore Airlines says losses narrow

    Singapore Airlines says losses narrow

    AFP - Wednesday, November 11

    SINGAPORE (AFP) - - Singapore Airlines (SIA) on Tuesday said losses in the second quarter narrowed from the previous three months and forecast travel demand to improve.

  • Singapore Air reports Q2 loss, says outlook better

    Reuters - Wednesday, November 11

    * Q2 net loss S$159 mln vs consensus S$38 mln loss

  • Singapore Air posts worse-than-expected Q2 loss

    Reuters - Wednesday, November 11

    SINGAPORE, Nov 10 (Reuters) - Singapore Airlines <SIAL.SI>, the world's biggest airline by market value, reported a worse-than-expected second quarter loss as the global economic slowdown hit the carrier's higher margin business travellers particularly hard.

  • Lee Kuan Yew sees 3.0pc growth for Singapore in 2010

    Lee Kuan Yew sees 3.0pc growth for Singapore in 2010

    AFP - Monday, November 9

    SINGAPORE (AFP) - - Singapore's economy is set to grow by around three percent in 2010 after suffering its worst ever recession this year, former prime minister Lee Kuan Yew said in remarks published Monday.

  • Singapore's GDP growth seen at 3 pct in 2010-min

    Reuters - Monday, November 9

    SINGAPORE, Nov 9 (Reuters) - Singapore's economy could grow at a 3 percent annual rate in 2010, a senior government minister said in remarks published on Monday, recovering from a contraction this year.

  • Singapore's DBS bank 3Q profit jumps 49 percent

    AP - Friday, November 6

    SINGAPORE - Singapore's DBS Group Holdings Ltd. said Friday its third-quarter profit jumped 49 percent thanks to higher fees from stock broking and investment banking.