Singapore's Aug retail sales up again to beat forecasts

SINGAPORE retail sales in August rose 3.5 per cent from a year ago, continuing its positive year-on-year growth seen in previous months, based on data released by the Department of Statistics on Thursday.

Singapore's August retail sales up 3.5% y-o-y

SINGAPORE retail sales in August rose 3.5 per cent from a year ago, continuing its positive year-on-year growth seen in previous months, based on data released by the Department of Statistics on Thursday.
NEWS ANALYSIS

Reading MAS's policy moves: It's all in the choice of words

ALL eyes will be on whether Singapore's central bank, the Monetary Authority of Singapore (MAS), is dovish or hawkish in tone in its monetary policy statement this week. ...

BCA to give forecast of construction tenders needing prefab methods

THE Building and Construction Authority (BCA) will from now on publish a forecast of the tenders requiring prefabricated technologies that are expected to be called each year, so construction firms can plan their investment decisions ahead, train their workers and seek out partners with...

About 60 DfMA tenders to be called for public sector projects, Government Land Sales sites

ABOUT 60 Design for Manufacturing and Assembly (DfMA) tenders will be called for public sector projects and Government Land Sales sites from now till the end of 2018.

Deals inked to help S'pore tech startups in China

SINGAPORE tech startups will have access to tailor-made programmes to make headway into China's diverse market landscape, following International Enterprise (IE) Singapore's signing of two memoranda of understanding (MOUs) with Chinese tech partners last week in Beijing...

Singapore factory activity expands for 13th straight month on broad pick-up

PACE of expansion improves, lifts Purchasing Managers' Index by 0.2 point to six-year high of 52 in September...

Singapore SMEs wary about prospects over next 6 months

SMALL and medium enterprises (SMEs) in Singapore are less optimistic about their business prospects over the next six months and continue to be cautious, despite recent cheer in the economy.

Omron opens automation centre to study AI and robotics

AUTOMATION-technology provider Omron has opened its ninth and latest global innovation centre in Singapore, as part of a S$13.5 million investment in robotics capabilities in the Republic over the next two years.

Govt to bring forward another S$700m of construction jobs

RECOGNISING that the construction sector is undergoing a difficult time, the government is looking at measures to help local SME (small and medium enterprise) contractors, including bringing forward S$700 million in construction projects.

Govt bringing forward another S$700m of construction projects to help SME contractors

THE government is bringing forward another S$700 million in construction projects, among other measures, to help local SME (small and medium enterprise) contractors through the difficult time the sector is currently experiencing.

Geo Energy relaunching US$ denominated bonds due 2022

INDONESIAN coal mining group Geo Energy Resources Limited is relaunching the US dollar denominated bond offering by its unit Geo Coal International Pte Ltd, as market conditions have improved.

Mandarin Oriental shares dive as Excelsior sale shelved

LUXURY hotel chain operator Mandarin Oriental International has decided not to sell The Excelsior in Hong Kong for the time being, after a dissatisfactory tender process.

Tuas Power - Singapore Technologies Marine Consortium top bidder for Republic's fifth desalination plant

PUB, Singapore's National Water Agency, has selected Tuas Power - Singapore Technologies Marine Consortium (TP-STM) as the preferred bidder for Singapore's fifth desalination plant, to be located on Jurong Island. ...

Broker's take: Goldman upgrades Singapore Exchange to a 'buy'

GOLDMAN Sachs has upgraded the Singapore Exchange (SGX) to "buy" from "neutral" on an improving volume and earnings outlook. It has also raised the target price by 6 per cent to S$8.60...

Insurers looking to investment portfolios to boost profitability: BlackRock poll

INSURERS are facing a profitability squeeze and are increasingly looking to their investment portfolios as a larger component of profitability, according to a study commissioned by BlackRock released on Wednesday.

Hot stock: Mandarin Oriental share price dives almost 30% after sale of The Excelsior falls through

SHARE price of Mandarin Oriental International Limited plunged close to 30 per cent after the group said that none of the proposals received recently for the sale of The Excelsior, Hong Kong, had met fully its expectations or transaction requirements.

Geo Energy relaunching US dollar denominated bonds due 2022

INDONESIAN coal mining group Geo Energy Resources Limited is relaunching the US dollar denominated bond offering by its unit Geo Coal International Pte Ltd, it said in a Singapore Exchange filing on Wednesday

Proposals for sale of The Excelsior, Hong Kong, do not meet expectations: Mandarin Oriental

MANDARIN Oriental International Limited said that none of the proposals received recently for the sale of The Excelsior, Hong Kong, had met fully its expectations or transaction requirements.

August output powers ahead; 19% jump expected to boost Q3 GDP

SINGAPORE'S factory output extended its winning streak of double-digit expansion for the third consecutive month, boosting the upside for third-quarter economic growth...

Singapore August factory output up 19.1%, led by electronics, biomedical manufacturing

SINGAPORE'S factory output continued its winning streak as it rose 19.1 per cent year on year in August, powered by the still-strong electronics cluster and bolstered by double-digit growth in biomedical manufacturing...

Singapore inflation eases in Aug

A FALL in private road transport inflation and softer food and retail prices led to lower than expected inflation in August. The all-items consumer price index (CPI) moderated to 0.4 per cent year on year from July's 0.6 per cent, while core inflation slowed to 1.4 per cent from 1.6 per cent...

TTJ Holdings' full-year net profit dives 57.5% to S$10.9m

NET profit of TTJ Holdings for its full financial year nosedived 57.5 per cent to S$10.9 million from the year-ago period, the group said in a Singapore Exchange filing on Monday evening.

Singapore's August headline inflation at 0.4%, coming in below expectations

BOTH Singapore's headline and core inflation came in lower than expected in August, based on the latest data by the Department of Statistics. ...
EMERGING ENTERPRISE 2017

Futuristic manufacturing system helps firms ride automation wave

BEHIND the drawn metal doors of a nondescript factory at the northern tip of Singapore, A4-sized smart carts moved autonomously on small monorail tracks that could change tack on its own, while a robotic arm picked and placed items in its manufacturing base.