Southeast Asian margin squeeze snags Singapore Inc

The most widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city state as rising costs and slow growth sap profitability. A Reuters study of 268 listed Singapore companies showed that 57 per cent reported a year-on-year drop in operating profit margin for the first three quarters of 2012. That was the biggest per centage for the nine-month period on record, according to Thomson Reuters data going back to 2002. Full-year data for 2012 was not yet available. A severe labour shortage is hobbling businesses in Singapore as the government tightens its immigration policies, while growth has been hard to come by as exports languish in a dull global economy. Across Southeast Asia , 54 per cent of companies reported shrinking margins, equalling the per centage recorded in 2009, when the global economy had tipped into a recession following ...

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Southeast Asian margin squeeze snags Singapore Inc

Southeast Asian margin squeeze snags Singapore Inc

reuters.com 25 Feb '13, 12am

By Eveline Danubrata and Tripti Kalro Sun Feb 24, 2013 7:32pm EST (Reuters) - The most widespread margin squeeze in at lea...

Southeast Asian margin squeeze snags Singapore Inc

Southeast Asian margin squeeze snags Singapore Inc

news.yahoo.com 25 Feb '13, 12am

(Reuters) - The most widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city st...

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