CNA938 Rewind - Protecting Singapore's restaurant industry with our police
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CNA
2 minutes ago
- CNA
COE premiums for cars mostly unchanged; prices up for commercial vehicles and motorcycles
SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Jul 23). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$101,102 (US$79,115), unchanged from the last exercise. Premiums for larger and more powerful cars in Category B fell slightly to S$119,101 from S$119,600. COEs for commercial vehicles, which include goods vehicles and buses, rose to S$68,600 from S$66,689 in the previous bidding exercise. Motorcycle premiums closed at S$9,511, up from S$9,389 in the last exercise. Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$120,000 from S$118,500. A total of 4,480 bids were received, with a quota of 3,059 COEs available.
CNA
33 minutes ago
- CNA
Jersey sales surge for Arsenal, Newcastle United and AC Milan ahead of Singapore friendlies
SINGAPORE: Jersey sales of Arsenal, Newcastle United and AC Milan in Singapore have jumped by more than 20 per cent as football fever hits town. Local fans told CNA that they are excited to welcome the teams, with many hoping to catch a glimpse of their favourite players and even score autographs during their visit. These European clubs are in Singapore this week for two pre-season friendly matches at the National Stadium. SURGE IN SALES Arsenal will take on Italian giant AC Milan on Wednesday (Jul 23), before taking Premier League rivals Newcastle on Sunday. Sports store Weston Corp has been accelerating preparations this week, including for an AC Milan event in Singapore on Tuesday, geared up to welcome both players and fans. It said that pre-season tours such as these often bring a surge in foot traffic and sales. 'Every time there's a pre-season (tour here), we do see an uptick in business,' said Mr Ami Chopra, sales director of football at Weston Corp. 'When those jerseys launch, you do see a slight, significant increase. Come closer to the date, people (feel like because their) team's playing, they need to wear something,' he added. 'So usually (because of) impulse buys, (we) will have quite a big spike in sales.' The store will also run pop-up booths offering exclusive gear on match days, with extra staff on hand to meet the expected rise in demand. BRINGING PEOPLE TOGETHER For Newcastle fan Terence Ong, buying jerseys is a ritual. He has amassed 85 Magpies shirts in his collection since the 1990s, including the Carabao Cup winners' print this year to celebrate the club's first domestic trophy in more than 70 years. The local fan club NUFC-SG has also produced a special tee to mark Newcastle's visit. 'I think the club is realising now that there is an untapped market in Asia,' said Mr Ong, who is a committee member of the fan club. 'I like to think that it shows a trend that they want to engage the Asian fans a lot more,' he added. 'And for us, getting our fellow official supporters clubs down from the other parts of Asia itself represents more than just strengthening our bonds, it also gives all of us a chance to show Newcastle United the power or the strength of the Asian fan base here.' For him and Singapore's 2,000-strong Toon army, football is also about bringing people together. Plans for food drives and football clinics are in the pipeline to use sports to give back to the community. For Arsenal fan Shaiful Rahman, he is looking to connect with fellow supporters from other Asian countries for the game. 'The main excitement for us is when we organise a fan party for all the regional friends who are coming to Singapore,' said the president of the Official Arsenal Singapore Supporters Club. 'It's kind of like a form of appreciation for them taking the trouble to fly here and getting to know each individual supporters club.' He noted that there is also a deeper purpose behind it all, adding: 'It's the networking, getting to know each other, being Singaporean, supporting one another. I think that is the key to it.'
Independent Singapore
33 minutes ago
- Independent Singapore
SIA Engineering's Q1 FY2025 profit jumps 29.2% to S$42.9M amid rising MRO demand and flight volumes
FB screengrab/ Singapore Airlines SINGAPORE: SIA Engineering Company (SIAEC) reported a 29.2% year-on-year (YoY) increase in net profit to S$42.9 million for the quarter ended June 30, 2025, thanks to continued higher demand for the company's maintenance, repair and overhaul (MRO) services and flight volumes in its line maintenance network. The company noted that it handled 3.5% more flights in Singapore during the quarter compared to a year ago. The Edge Singapore reported revenue for the first quarter of FY2025 was at S$358.4 million, up 33.4% from the same period last year, outpacing the group's total expenditure, which climbed 32% YoY to S$353.3 million amid higher material and manpower costs. As a result, SIAEC achieved an operating profit of S$5.1 million—S$4.1 million more than the previous year. The group's share of profit from its associated and joint venture companies rose to S$37.8 million for the quarter, marking a 35% increase compared to the same period last year. The engine and component segment added S$9.5 million to profits, while the airframe and line maintenance segment contributed S$0.3 million. The company said aircraft maintenance check volumes at its Base Maintenance in Singapore remained healthy, while setup efforts in Malaysia are on track, with the first of the two Subang hangars expected to be ready by year-end. Its new line maintenance joint venture in Cambodia is also slated to begin operations in the second half of the year. In April, SIAEC renewed its two-year term Comprehensive Services Agreements with Singapore Airlines and Scoot valued at S$1.3 billion. Its 55%-owned subsidiary, JADE Engineering, also secured a contract for Boeing 777 cabin retrofit services. As of June 30, 2025, the group's total assets stood at S$2.15 billion, marking a slight increase of 0.3% from March 31, 2025. Looking ahead, the company said in its press release on Tuesday (July 22): 'The sustained growth in passenger traffic, especially in Asia-Pacific, is expected to continue to drive MRO demand. However, we remain vigilant to the challenges arising from the broader macroeconomic environment, such as heightened geopolitical tensions, tariff and trade policy developments, and ongoing supply chain issues.' /TISG Read also: Singapore Airlines tops Travel + Leisure's 2025 international airlines list again () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
